SME financing | What is self-financing?

A major and constantly growing trend in all business circles, business intelligence has proven its worth over the past 15 years. Data collection, organization of information, exploitation and analysis; business intelligence is now considered a specialization in itself in order to equip business leaders to make informed decisions. Historically, many companies had analysts who spent 80% of their time collecting data and 20% of their time analyzing it. Today, thanks to technology, business intelligence aims to reverse these figures; 20% collection for 80% analysis to simplify the management process and accelerate decision-making. But who says business intelligence also says digital shift,

Since the creation of Cofinia in 2016, I have had the chance to work with a few companies that have developed applications that they marketed in SAAS ( Software as a solution ) mode. The financial dynamic of these companies is different from a traditional company on several points that I will address in this text. Let’s first talk about the model of a SAAS. Last fall, I took a course offered by Le Camp on the MVP or “ Minimum Viable Product  ”. At the start of a good idea, it is important to quickly determine what the value of the product/service is. The cost

Programs to help Quebec businesses financially   In our article of June 17, we announced the end of the PACME Business component and Collective Promoters component for companies that applied after May 27 (Companies component) and after June 15 (Collective Promoters component). Cofinia, as part of its mission to help companies with their financial projects and projections, has carried out some searches for programs that could meet your needs for obtaining financing or subsidies. Here is the result of our research: Quebec Research and Innovation Strategy (SQRI) Reference: SQRI The objective of this government program is to support

Has your PACME request been refused? Here are the alternatives available to you!   The concerted actions program for job retention ( PACME -COVID-19) was launched on April 6 to provide direct financial support to businesses and self-employed workers to promote training, the development of digital skills as well as the implementation of good management practices . However, the Company and Collective Promoter components of the C oncerted Actions Program for Maintaining Employment having been extremely popular, the maximum financial capacity was reached on May 27th. In this sense it is no longer possible to submit a new application . Companies are therefore invited to check whether it is possible to join a training project

Going into Business 101   Quebec is teeming with people ready to start a business, with new, incongruous, sometimes questionable but often innovative and value-creating ideas. These geniuses, these visionaries, these entrepreneurs hasten to implement their ideas as soon as the opportunity arises. Sometimes the business plan is not refined and even the administrative aspects are not done, but an entrepreneur with an idea does not stop there. Go let’s get started! In this article, I present some points to consider when starting a business: a “ checklist ” for entrepreneurs.   Strategy and business plan One genius idea and off we go! The