To buy or not to buy, which is the better decision?
Starting your own business is often a dream for many entrepreneurs, but this dream can be very expensive and overwhelming. If you have a great business idea, and are ready to devote a lot of time and effort into building it from the ground up, then go for it. …Read Full Article
As a small business owner or entrepreneur in Canada you may have at one point given some thought to the idea of applying for a business grant or loan. But if you are still “giving thought”, something must have stopped you from moving forward with obtaining funding.
Grants and loans are a perfect way to give your business the financial …Read Full Article
A good idea never costs a penny, but making that idea into a reality is another thing.
A good idea never costs a thing, but to put that good idea onto paper and turn it into a successful business doesn’t always come cheap. Whether you need $5,000 or $500,000 to building your business, you more often than not must pitch …Read Full Article
Understanding the procedure from idea to business launch is not a simple one. Having a check-list to follow is highly recommended. From writing your first business plan, to obtaining funding and hiring employees – small business resources and tools are available.
It seems that when you decide to start up a business, the greatest challenge you face is the initial …Read Full Article
Banks are there to lend you money to start-up your small business, but some convincing may need to be done.
When it comes to financing your small business start-up, or expanding of your small to medium sized business, don’t take anything for granted. At banks, even though each application for financing is very unique there are a number of factors …Read Full Article
When you are in need of a capital infusion into your small business, you don’t really care if the money you obtain is from a credit card, a bank loan, a government grant or from family or friends. But should you care where it comes from? Is there a difference between one type of funding versus another?
The simple answer …Read Full Article
Growth can only occur when you understand what it will take to achieve.
As a business owner you are always looking for ways to grow your business. But what are actual things you can do to grow your business, and when is the right time to do so?
Growth of a business is natural and expected if all is going …Read Full Article
When it comes to people, anything that may be tough to do, confusing or time consuming we tend to back away or delay it. It is no different to government funding and small business owners. Maybe even more so, entrepreneurs cringe at the idea of having to apply for government funding and fill out those long, confusing applications.
But what …Read Full Article
Making money isn’t always a reason to celebrate. Look at your business challenges and overcome them before celebrating.
Each and every single day a large number of businesses fail for a number of reasons. According to Industry Canada, a big percentage of failed small businesses end up failing within the first two years of operating, simply because of the lack …Read Full Article
Once your business plan is ready, the next step is to obtain the funding you need to get your organization to achieve success.
A business plan is the most important and critical tool you can have when trying to obtain funding for your small business. Whether this funding is coming from friends or family, banks, investors or from the Canadian …Read Full Article