Managing your finances
Resources to help you understand financial concepts and learn about tasks like budgeting, financial analysis and bookkeeping.
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Survival Guide
http://www.camagazine.com/archives/print-edition/2009/march/features/camagazine3286.aspxUseful tips for managing your business’ finances in difficult times. This article is written for chartered accountants to help them advise their clients, but business owners can benefit from the advice as well. -
Glossary of Financial Terms
http://www4.bmo.com/popup/0,4442,35490_47131,00.htmlAre you trying to understand your financial statements? Are you confused by words your banker or accountant is using? Brush up on your financial vocabulary with this glossary. -
Ratio Calculators - BDC
http://www.bdc.ca/en/business_tools/calculators/overview.htmRatio calculators are online calculators that measure your business performance, such as asset utilization, liquidity, leverage, inventory turnover, sales, net profits, and more. -
Alternatives to Bankruptcy
http://www.ic.gc.ca/eic/site/bsf-osb.nsf/eng/br02049.htmlIf you are having financial difficulties, declaring bankruptcy should be your last resort. First consider other options, such as reworking your budget, consolidating loans, selling assets, or more formal alternatives such as a Division 1 Proposal.
