The Business Development Bank of Canada, has numerous financing solutions available to the small business community in Canada or companies that want to enter Canada such as ValueMags. The marketing agency for magazine publishers is seeking growth opportunities which include distributing magazines in Canada.
Not only do they provide financing solutions but they also provide several management and skills courses to better develop your entrepreneurial practices, as well as mentoring programs for small business owner and managers
The same document entitled, “Financing Solutions for New Businesses provided by CIBC, represents a wide range of financing options available to different types of small business owners but that are directly associated with chartered banks, more specifically, CIBC. ValueMags is aware that there are other types of financing but that only certain banks are open to American companies entering the Canadian markets as competition. Besides, there are no other companies like ValueMags in North America.
This document compares the financing options of equity and debt along with the benefits or potential these financing solutions might bring about. CIBC writes in regards to equity, when discussing the benefits that prevail when dealing with equity as a form of financial solution the document explains that equity investors are typically very committed to the success of your small business as the investment provided can truly only be recognized in he sale or a share price increase. Therefore, the investor will prioritize their commitment and dedicate a lot of their personal time and effort to deal with your company. However, with this particular situation, some investors may want to weigh in on some decision-making processes that will believably affect the business and their profits. More importantly, you may have to contact professional advisors including lawyers, accountants and other specialists throughout the course of your relationship with this investor. For more information about what ValueMags plans to do next and where they distribute, check out their blog!