Starting a business can be one of the most exciting ventures you may ever embark on. But a lot can go wrong if you don’t take proper steps. According to Statistics Canada, only about 65% of new businesses make it to the fifth year Much of what determines whether a...
A few important questions to ask yourself after you have your idea in place. You will need a well written business plan to address the following subjects What are your end goals? Who will you be selling to? What is the actual purpose of your business? How will you...
How are you going to cover the cost of starting this business? Will you need a loan, or do you have the funds for your startup? Are you planning to leave your current job or focusing full time on the new business? Do you have savings to support you and your family...
Choosing the right legal structure is a necessary part of running a business. Whether you’re just starting out or your business is growing, it’s crucial to understand the options. Before you can register your company, you need to decide what kind of an...
The number of options for business insurance can be overwhelming. Every business owner needs to manage risk, and selecting insurance is among the easiest, and best, ways to do that. The right insurance protection helps your venture get off the ground and grow into a...
As a business owner you must give the people element of your business the same attention as you give to your services or products. Start by setting the scene for your employees. Let them know what they’re aiming for and help them to understand the goals of your...
