What is a Personally Guaranteed Loan? A personally guaranteed loan is a type of loan where an individual guarantees repayment, typically with their personal assets, even if the loan is taken out for a business.  This means that if the business defaults, the lender can go after the guarantor’s personal assets, like their home or...Continue reading

A consumer proposal is an incredibly valuable tool for relieving your debts. You can have some of your debts forgiven without enduring the same financial repercussions as a bankruptcy. However, as many Canadians kickstart their own small businesses, it becomes harder to understand what debts qualify for a consumer proposal. Popular questions we get are...Continue reading

In this post, I’ll share key lessons about how to start a franchise. These lessons are based on what the founding partners of 4 Pillars and I learned while building our business from zero to 80 locations across Canada. “So what’s the key to building a franchise? How do you actually get the business up...Continue reading