Managing your business in an economic downturn
Get practical tips and learn about government programs that can help you through difficult times.
Managing your finances
- Government grants and financing
Find out about government grants, loans, and other financing available for your business.
- Alternatives to bankruptcy
If you feel that your financial situation is getting out of hand, there are several steps towards financial stability that you can take today.
Managing your employees
- Managing employees during tough times
Learn low-cost strategies for motivating and retaining employees to help sustain your business during difficult times.
If business is slow, you can offer at least 2 of your core workers a temporarily-reduced work week instead of laying them off.
- Employment Insurance and Work Force Reduction program due to downsizing
Learn about employment insurance options for employees who voluntarily leave your business to preserve the jobs of co-workers.
- Wage subsidies
Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach.
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