The Best Ways to Pay Overseas Suppliers from Canada

Bank wires, Wise, PayPal or a letter of credit? An honest comparison of how to pay overseas suppliers from Canada, including the hidden exchange-rate cost.

Bank wires, Wise, PayPal or a letter of credit? An honest comparison of how to pay overseas suppliers from Canada, including the hidden exchange-rate cost.

Runway is how many months your cash can cover expenses. Here's the simple formula, why product businesses need more, and how to build a real cushion.

A realistic look at what it actually costs to start a small product business in Canada, from registration and Shopify to your first import and tax reserve.

Markup and margin are not the same number, and confusing them quietly kills profit. Here are the two formulas, a conversion table, and which to use when.

The simple formula for pricing to a target gross margin, worked examples at 40/50/60%, and why you must price off true landed cost, fees, and GST included.

An honest, line-by-line breakdown of one Kind Loom shipment — product, freight, duty, GST, brokerage, currency, last-mile — and the true per-unit cost it landed on.

A plain-English walkthrough of every input in a landed-cost calculator, how to find your CBSA duty rate, a worked example, and the mistakes I made.

The monthly plan is only part of the bill. Here's the honest breakdown of what running a Shopify store in Canada actually costs — transaction fees, payment processing, apps, and themes — from someone paying it twice.

Running an online product business, your bank account needs multi-currency, low fees, and a clean way to pay overseas suppliers and set aside tax. Here's an honest comparison of the categories.

A real founder walkthrough of setting up a product business in Alberta — structure, registering your name, your CRA Business Number, GST, a Calgary business licence, WCB, and insurance.