Business Finance Terms, Explained Simply.
Learn more about common financial terms here.
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Business valuation is the process of determining what a business is worth, and for most incorporated Canadian owners, the answer....
Business attractiveness is how compelling a business looks to a buyer before they have examined the details, the combination of....
A buy-sell agreement is a legally binding contract between co-owners that governs what happens to a shareholder’s interest if they....
Business succession planning is the process of identifying who will lead and own a business after the current owner, and....
Business readiness is the degree to which a company can operate, perform, and sustain its value through an ownership transition,....
Burn rate is the pace at which a business consumes cash, typically expressed as a monthly figure, and it determines....
Budgeting sets the financial plan for the year ahead; forecasting updates that plan as the year unfolds, and together they....
Break-even analysis identifies the exact level of revenue at which your business covers all its costs, the point where you....
Board and investor reporting is the structured financial and operational information provided to directors and investors on a regular basis,....
A business credit score is a numerical rating of a company’s creditworthiness based on its payment history, debt levels, and....
Bridge financing is short-term funding used to cover a defined gap between now and a known future event, such as....
The BDC is a federal Crown corporation that provides financing, advisory services, and venture capital to Canadian businesses, with a....