Posts by websupport

A business’s ability to meet its short-term obligations while continuing daily operations depends on one crucial financial metric: working capital. Whether you’re running a small business or managing the finances of a large corporation, understanding and optimizing working capital is essential for financial stability and operational success. When managed effectively, working capital helps businesses: ✔…

Managing cash flow is not just about watching money move in and out of your business—it’s about controlling the timing, ensuring stability, and maintaining financial flexibility. Whether you’re a small business owner, financial manager, or CEO, understanding Accounts Receivable (AR) and Accounts Payable (AP) is critical to keeping your business financially healthy. When AR and…

The recent announcement by President Donald Trump of a 25% tariff on all Canadian imports has sent shockwaves through the business community. This policy, aimed at addressing border security concerns and trade imbalances, could have significant repercussions for Canadian exporters and U.S. businesses reliant on Canadian goods. With Canada sending approximately 75% of its total…

Tariffs are one of the most debated tools in international trade policy, influencing everything from government revenue to consumer prices and global trade relationships. For Canadian businesses engaged in cross-border trade, understanding tariffs is crucial to navigating economic shifts and ensuring long-term stability. In this article, we’ll break down what tariffs are, why governments use…

Understanding gross profit and net profit is not just about knowing your numbers—it’s about unlocking the full potential of your business. These two metrics reveal the story of your company’s financial health, operational efficiency, and long-term viability. At Prime Capital, we’ve seen firsthand how mastering these concepts can be the difference between surviving and thriving.…

For small business owners, the term “cash flow” often floats around like a buzzword—but its importance cannot be overstated. Simply put, cash flow is the net amount of money moving in and out of your business over a given period. It’s the heartbeat of your operations, ensuring that bills are paid, staff are compensated, and…

In today’s rapidly evolving financial landscape, two powerful forces—big data and fintech—are reshaping the way financial services operate. With advanced algorithms and lightning-fast digital solutions, the industry has never been more efficient. But as we sprint into this data-driven future, it’s essential to ask: Are we losing something invaluable in the process? Big Data: Efficiency…

Fintech has revolutionized financial services, offering unprecedented convenience. Mobile apps now allow us to pay bills, transfer funds, or apply for loans in seconds, streamlining our digital lives. But as our interactions become increasingly digital, an important question emerges: how much privacy are we willing to trade for convenience? Instant Access, Instant Risk Our digital…

From Zenith to Zelle: How Technology Shaped Financial Services Without Replacing Core Values Reflecting on the journey from early personal computers to today’s instant digital payments, the story of technology in finance is one of incredible transformation. From the hefty, slow-moving Zenith computers to the instant ease of Zelle transfers, technological advances have made financial…

Our last few blog posts have focused on how business owners can improve their financial literacy and get the information they need to make great decisions. But, as you know, once you’ve gained the knowledge, you still need to apply it!  This can be the tricky part sometimes, because knowing a concept and seeing it…