Managing Your Financials

Entrepreneurs and Financial Literacy: The Situation in Canada

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From BDC, January 2024

Strong financial skills are key to running a successful business—yet many entrepreneurs feel uncertain when it comes to their numbers. This article from BDC highlights why improving your financial literacy can lead to better decisions, greater confidence, and long-term growth.

In this article, you’ll discover:

  • The importance of financial literacy for Canadian business owners
  • Common financial challenges entrepreneurs face
  • Tips and tools to build your financial knowledge
  • How understanding your finances supports smarter business decisions

Whether you’re just starting out or looking to strengthen your financial foundation, this article is a valuable read.