PROFIT GUIDE asked five entrepreneurs who run PROFIT 500-ranked companies how they introduced time-saving information-sharing technology to their businesses—and made it stick. Read More...
News and Blogs
Make Money, Get New Customers Now Thanks to Pokemon Go
Posted by equilease_admin on July 26, 2016
If you don’t know your Pikachu from your Pichu or if you have no idea what either of those are, that doesn’t mean you have to stand out in left field as the rest of the world — and thousands of businesses big and small — capitalize on the Pokemon Go craze.
Since Pokemon Go is largely a community interactive game, all you really have to do is participate in your community and with those playing the game, even in indirect ways. It doesn’t require a lot of money to get in on the fun and excitement. And it doesn’t require you to really get too involved, so if you’re not interested in Pokemon, just in the money and awareness it could bring your business. Read More...
The High Cost of Canada’s Low Duty-Free Limit
Posted by equilease_admin on July 25, 2016
In Canada, the duty-free limit, also known as the de minimis threshold (DMT), is lower than any other country in the industrialized world—by far. Anything coming into Canada worth more than $20 (U.S.$15) is subject to federal and provincial sales taxes and duty fees. That’s half as much as Chile’s DMT, the next lowest, and 40 times lower than the limit in the U.S., which rose this year from U.S.$200 to U.S.$800.
Canadian businesses, as well as those in the U.S. looking to ship across the border, have been pressuring the government to raise the DMT—something that hasn’t happened since 1985. In February, U.S. Senator Jeanne Shaheen lobbied the Liberal administration to increase the threshold in the 2016 budget, but as of now there are no concrete plans to increase the limit. Read More...
O'HARA Technologies Equipment Leasing
Posted by equilease_admin on July 13, 2016
One of our Latest Deals: O'HARA Technologies Tablet Coating System $293,000 @ 60 months. Equilease worked with a supplements manufacturer in Toronto to supply their growing operation with new production equipment. Our client is a nutraceutical manufacturer specializing in the full service private label manufacturing of dietary supplements. O'Hara Technologies is a leading manufacturer of solid dosage processing equipment who regularly delivers groundbreaking products to the global marketplace. They design and fabricate a broad product line of pharmaceutical, nutraceutical and confectionary equipment, providing proven solutions through all capacity requirements.
Equilease provides financing for all O'HARA Technologies' products. Call 1-800-463-2081 to see how easy it is to lease or finance equipment and/or software for your business.
How to Beat the Competition in Business
Posted by equilease_admin on July 12, 2016
ProfitGuide polled more than 650 entrepreneurs to learn their secrets for keeping a step ahead of their rivals
Great customer service is the best way to distinguish yourself from the competition, taking precedence over even a superior product. That’s one of the key findings of the latest installment of the American Express Small Business Monitor, which polled 661 Canadian firms with fewer than 100 employees, and found nearly three-quarters of them consider excellent customer service to be among the leading tactics for combatting competition. When asked to rank their top three methods for staying ahead of rivals, an additional 36% said attracting quality employees is a priority. Read More...
Oliver & Bonacini plans to expand its empire across Canada
Posted by equilease_admin on July 11, 2016
Oliver is most excited about the company’s move outside Ontario, where the company has 14 restaurants and seven event spaces including The Carlu, Malaparte, Aperture Room and Arcadian Court and the catering business O&B Events and Catering.
Later this year, the company is opening restaurants in Montreal, Calgary and Edmonton as well as two in Toronto, bringing its total number of restaurants to 19 by year’s end.
Oliver is projecting revenue of $130-million for the company in the next 12 months, excluding the $25 million to $30 million it will make from investments with Libretto Group and the expanding food court business iQ Food Co., up from $100 million last year. Read More...
Apple Mac Computer Leasing
Posted by equilease_admin on July 8, 2016
One of our Latest Deals: Apple Mac Computers $105,000 @ 36 months. Equilease is a strong supporter of Canada's education system. When a Montessori school in Markham, Ontario approached us to finance new Mac computers for their young students we worked particularly hard to negotiate the best financing plan possible in order to meet the school's financial objectives. The school strives to provide a complete educational experience for their students who have had the honour of coming in first place in the Mathmetica Contests for the last eight years! Apple recently partnered with NASA to create a soundtrack inspired by the Juno Probe's mission to Jupiter. As part of the collaboration, Apple launched a Destination: Jupter page on iTunes that features songs by Brad Paisley, Corrine Bailey Rae, Trent Reznor and others.
Equilease provides financing for all Apple Canada products. Call 1-800-463-2081 to see how easy it is to lease or finance equipment and/or software for your business.
How to Avoid Being Disrupted by a Canada Post Work Stoppage
Posted by equilease_admin on July 5, 2016
With contract negotiations ongoing between Canada Post and representatives of the crown corporation’s workers’ union, Canadians are bracing for a service disruption that could start as early as Wednesday.
The potential work stoppage has left individuals and businesses scrambling for alternatives to their delivery and shipping needs. They’re turning to international carriers like FedEx and UPS, as well as to local businesses like Chit Chat Express, which specializes in shipping from Canada to the United States. “The influx of phone and email inquiries is up about 800%,” says owner Carly Wood, barely audible over the ringing phones in the family-run firm’s Markham, Ont. office. “It’s off the hook.”
According the Canadian Federation of Independent Business (CFIB), 98% of its more than 100,000 members still use letter mail for invoices, bills, flyers, payment reminders, and packages. For such companies, a work stoppage could be devastating.
Whether or not a Canada Post work stoppage occurs, here are some alternatives to its most widely-used services. Read More...