How to open a business bank account in Canada Canadian banks are known for their reliability and stability. Knowing how to open a business bank account in Canada can help you leverage those banking benefits. In this post, we’ll answer all the pertinent questions related to opening a business bank account in Canada so that your organization can reap the benefits of one of [...] https://ablii.com/how-to-open-a-business-bank-account-in-canada/ 5 inspiring businesses that have found innovative solutions in this challenging time The last 5 months have been incredibly challenging, and this is particularly true for many small businesses. However, like all challenges, this one has forced many to dig deep and find an opportunity to serve their customers in new and innovative ways. We’ve compiled a list of small businesses that have inspired us through their [...] https://ablii.com/5-inspiring-businesses-that-have-found-innovative-solutions-in-this-challenging-time/ Adding a personal touch to your small (personal) business When it comes to running your small business, customer satisfaction should be one of your top priorities. One way to deliver a good customer experience is by adding a personal touch to your customer interactions. Here are three ways to add a personal touch to your small business:   Send a happy birthday email Sending [...] https://ablii.com/adding-a-personal-touch-to-your-small-personal-business/ How much does it cost to start a business (hint: it depends) Whether you’re launching a service-based company or a product-based startup, there are certain things you need to take into account to ensure business success and profitability – such as calculating startup costs. While there’s no magic formula for finding out exactly how much money you’ll need to finance your business, there are some startup costs [...] https://ablii.com/how-much-does-it-cost-to-start-a-business-hint-it-depends/ Why bank wires need to be retired Did you know that the bank wire method for transferring funds is based on decades-old technology? This is one of the reasons it’s slow and cost-intensive. The good news is that there are alternative payment methods that use modern infrastructure to transfer funds with low transaction fees and faster processing times. Let’s take a look [...] https://ablii.com/why-bank-wires-need-to-be-retired/ 15 Finance terms every small business owner should know Being a business owner, you have to wear many hats. Especially when it comes to finance, the number of accounting terms and acronyms may feel overwhelming. You may not enjoy talking finance, but understanding these concepts are crucial to your success. We are here to help! We’ve compiled a list of the top terms you [...] https://ablii.com/15-finance-terms-every-small-business-owner-should-know/ COVID & CORE banking hours in Canada It’s been an extremely challenging time for small businesses. Cash flow issues and reliance on government funding have become the new norm. We’ve received feedback from our customers that have struggled with the digital options available from the banks, such as remote deposit capture and ATMs, as these options only accept checks up to a [...] https://ablii.com/covid-core-banking-hours-in-canada-2/ How to create a great customer experience Customer experience refers to interactions between a customer and a company throughout their business relationship. The secret to keeping customers satisfied is to deliver great experiences at every customer touchpoint. It’s critical to remember that customer experience does not begin and end with a sale, but includes any interaction they have with your business before, [...] https://ablii.com/how-to-create-a-great-customer-experience/ Payments from Canada to India are live! Toronto, ON – Ablii, a self-service online payments platform for businesses, is proud to announce that it’s expanding with remittances to India. Now businesses in Canada can send cross-border payments to India as well as the U.S., in addition to domestic payments. nanopay Corporation launched Ablii in the summer of 2019 to replace traditional payment [...] https://ablii.com/payments-from-canada-to-india-are-live/ Protecting your small business from occupational fraud March is Fraud Prevention Month, an annual public awareness campaign aimed at helping educate the public, and providing the tools and resources businesses need to defend themselves against fraud. However, businesses are the target for many kinds of fraud, and small businesses are particularly vulnerable. Which is why we decided to take this opportunity to [...] https://ablii.com/protecting-your-small-business-from-occupational-fraud/