Stay in Business: How to handle small business debt

Running a business through financial pressure isn’t easy. Sometimes we need clear guidance to protect what we’ve built.

Stay in Business: A Guide for Small Business Owners Under Financial Pressure

If debt, CRA obligations, or cash flow stress are putting your business at risk, this free guide shows you how to regain control, without judgment or guesswork.

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Real Solutions for Business Debt, Without Going Under

When business debt starts to feel personal, it’s hard to know what to do next. This guide, created by Spergel’s Licensed Insolvency Trustees, explains your real options in plain language. From managing CRA debt to understanding consumer proposals and keeping your business operating. You’ll learn what’s possible, what’s protected, and how to take the next step with confidence.

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See What’s Inside

  • How business and CRA debt work — and what the CRA can (and can’t) do

  • The most common emotional and financial roadblocks business owners face

  • A 5-minute debt health check to understand where you stand

  • Practical ways to stabilize cash flow, even under pressure

  • The truth about consumer proposals, consolidation, and bankruptcy

  • Real Canadian case studies from business owners who rebuilt

  • A clear decision guide to help you choose the right path forward

  • What to expect after debt relief — and how to rebuild with confidence

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The Emotional Toll of Debt

Spergel’s 3rd Annual Study explores the relationship between debt and mental health in Canada, including how financial stress affects Canadians’ wellbeing, relationships, and daily lives – and why many delay seeking help even when their debt has become overwhelming.

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