To help you raise the next generation of entrepreneurs, Vubiz, in collaboration with CFIB and Teresa Cascioli, an award-winning entrepreneur and author of the M is for Money books, has created a ground-breaking series of financial education courses for children called VuKidz.
Approaching a bank for the first time can be intimidating. Remember that you are the customer and the bank is there to serve your business. Our tips will help you get the best from your financial institution. Advice is free for members: call 1-888-234-2232.
From time to time, companies need financing or new suppliers and vendors. Access to business credit and approval from new vendors is often based on a company’s credit score. Learn how to understand, build and monitor the accuracy of your company’s credit report. Advice is free for members: call 1-888-234-2232.
On November 12, 2013, a new Commissioner’s Guidance came into force regulating the voluntary Code of Conduct. Please be aware that contracts signed before this time are treated differently than those signed afterwards. Understand your rights under the new guidance.
One of the most important provisions of the Code of Conduct for the Credit and Debit Card Industry was a provision to allow firms to exit their electronic payment processing contracts with ACQUIRERS or RESELLERS without penalty within 90 days of an unscheduled rate change or the introduction of a new fee. Though the Code contains many more measures to protect your business you must still remain vigilant.
Accepting a customer’s credit card means paying your credit card processor a fee about 1.5 to 3.0 per cent of the purchase. If it’s suitable for your business, encourage customers to pay with cash, cheque or Interac to reduce your costs. We have posters you can place by your cash register. Advice is free for members: call 1-888-234-2232.