Thinking of bankruptcy? Know what it really means for your small business

Last modified: November 7th, 2018 by Licensed Insolvency Trustee
Thinking of bankruptcy? Know what it really means for your small business Succeeding in business is a major accomplishment—one that’s underlined by the low survival rate of new ventures. Almost half of all small and mid-sized businesses (“SME”s) in Canada fold within...

Does a Small Business Bankruptcy Affect Me Personally?

Last modified: August 14th, 2017 by Licensed Insolvency Trustee
How does a small business bankruptcy affect me, the business owner? We hear a lot of questions when small business owners come in to discuss their finances and the future of their businesses. Probably the most important question, and the one we are most sensitive to,...

Top 6 ways to protect yourself if your business fails

Last modified: July 13th, 2017 by Licensed Insolvency Trustee
How Business Owners Can Protect Themselves if their Business Fails No one wants their business to fail. Business owners go into business with dreams of success and profitability. However, for a number of different reasons, it doesn’t always work out. Unfortunately,...

Should I put my small business into bankruptcy?

Last modified: March 22nd, 2018 by Licensed Insolvency Trustee
Is Small Business Bankruptcy the Right Choice for Me? One of the most difficult decisions that a small business owner ever has to make is whether or not to put his or her business into bankruptcy. Obviously, every business owner goes into business hoping for success,...

What is a small business bankruptcy?

Last modified: March 22nd, 2018 by Licensed Insolvency Trustee
Small Business Bankruptcy in Canada Small businesses that are struggling financially eventually need to make a decision about the future of the company. One option that small business owners may consider is small business bankruptcy. Bankruptcy is typically the most...