There may be a government grants program to help your failing business if it has run into financial difficulty. If the government deems that extra funding will help get the business stabilized, then you may be eligible for one of the grants or loans through the Canadian government grants and loans programs for small business funding. The government grants program that has been put in place to help small businesses and is there to encourage businesses to continue to try and grow as well as encourage new business entrepreneurs to enter into the business world.
What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.