Tag: smallbusiness

How growing businesses secure financing in today’s tough economy

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Small Business
Open this photo in gallery: Currently, financing rates are steep for small and mid-sized businesses, but shopping around can help businesses find the assistance they need.Getty Images When Katerina Juskey and Victoria Mierzwa launched candle company LOHN in February, 2020, it was challenging enough to manufacture and market at the beginning of a pandemic. Now, like so many small and medium-sized businesses (SMBs) in Canada, the big challenge is financing as they continue to expand. “The financing options can be pretty stark. We’ve been banking with the same bank for the last five years and we haven’t been able to…

Five Tips For Finding (And Keeping) The Best Employees For Your Small Business Needs

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Small Business
Tammy Sons is the CEO of TN Nursery and an expert plant advisor who studied horticulture. She enjoys her family, the outdoors and nature. getty Finding the right people for your business is essential. Employees are the fuel that keeps your business going. I’ve found that one of the main challenges in running a nursery business is finding the right people willing to give their all to the business. Some employees come into the business with the mindset of working for a short while before looking for better-paying opportunities. While there’s nothing wrong with being as ambitious as an individual,…

Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico as It Executes Strategy to Simplify Firm and Deliver Value to Shareholders

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Small Business
Article content CITI TO RESUME SHARE BUYBACKS THIS QUARTER Article content BUSINESS WILL RETAIN BANAMEX NAME AND CONTINUE TO SERVE AS ONE OF MEXICO’S LEADING BANKING PARTNERS FOR CONSUMER, SMALL AND MID-SIZED BUSINESS OWNERS CITI TO RETAIN AND CONTINUE TO GROW MARKET-LEADING INSTITUTIONAL CLIENTS BUSINESS IN MEXICO NEW YORK — Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi. As previously disclosed, Citi has been pursuing a dual process to…