Is your business struggling? It might be time to audit yourself

Due to the prevalence of online wholesale operations, such as Amazon, acting as retail, small businesses are handcuffed into not raising their prices to cover costs. In conjunction with the cost of supplies, the introduction of the new EHT, minimum wage and CPP increases, and escalating Property taxes creates a perfect storm for hard times for small business.

While CFIB always recommends a discussion with a financial expert, like an accountant, there are a few strategies you might consider first: