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After many weeks of patiently waiting, the majority of Canada is well into Phase 2, meaning many Canadian brick-and-mortar small to medium-sized businesses (SMBs) are reopening. While this may sound exciting for most, this is an extremely crucial time for SMB owners to be looking at their finances, to create a solid plan in order to survive post-pandemic. I am hopeful that Phase 2 will give retailers a chance to get back to work and make up for the loss of profit over the past four months, if they remain agile and follow these three learnings.
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