As an entrepreneur it's important to learn from failure. In this article we look at a few failed startups and why they didn't succeed.
You run a successful small business that sells products or services in person or over the phone. You'd like to expand online. How?
When you hire someone, you usually do it with the idea that they'll be with your company long-term. Keeping them around will also mean creating opportunities for them to grow and enhance their skills. This should require a comprehensive training program for new and existing employees. Here's how to do it.Read More >
You own a startup which has developed an idea for a product or service to offer, but something is missing! Your business won't truly be formed until you establish your core values. This article will allow you to assess your core values according to what you and other stakeholders feel is important.
It's natural for startups to evolve from “everybody does a little of everything” to developing specialized sections such as marketing, finance, operations, etc. But you don't want these divisions to work completely separate from each other and become "siloed". Here's how to prevent a silo effect and keep every department working together.
Once you have recruited talented individuals to work for your small business, you will need to retain their interest and keep them motivated by providing them with an environment that allows them to continue to grow professionally. Here are some methods you can implement to make that happen and keep your top talent engaged.Read More >
For a small business startup it is vital to employ a team of experienced and adept employees. This is important for companies of all sizes, but particularly so for small business start ups because employees on small teams must take on larger responsibilities. Who you hire has a direct impact on company growth, stature and startup success. Here's how to find and attract top talent.Read More >
Enables Anyone to Reserve Meeting and Conference Rooms and Executive Office Space at U.S. Intelligent Office Facilities Directly from LiquidSpace and MeetingRooms.com
As a small business you may require an office outside of your home or a local coffee shop, but is signing a long term lease on an office space cost effective? Let's break down the average costs of a long term lease for a small business.
Social media is increasingly popular with people of all ages and backgrounds in Canada. A couple of decades ago, social media did not even exist but today everyone from the Prime Minister to the Pope recognizes the power of social media. Businesses have likewise become savvy to the fact that social media is an exceptional tool, capable of developing new business and promoting the services and products offered. Small businesses are rapidly expanding their online presence, in particular on social media sites, as the latter provide an excellent method of attracting new clients. Social media sites such as Facebook, Twitter, Pinterest, Instagram, Linkedin, Youtube, Talkbiznow, Google+ and more, allow small businesses to have instant access to thousands of users to promote their message, gain brand recognition and seek new business opportunities as well as partnerships. This article will give you an overview of all you need to know to successfully use social media to boost your small business.Read More >
Chances are, if you're a savvy entrepreneur instead of starting your own independent business you've thought of buying a franchise. There are many elements you will have to look into when buying a franchise. The first thing you should do is evaluate the master franchiser to insure that they will deliver what they are contracted to do. The second thing you should do is look into the business model of the franchiser. Does their company have a successful business model? Can you replicate this concept? Once you are sure you are ready to buy a franchise and have a way of reproducing this great business plan you will have to deal with the numerous technical and legal aspects. There are useful websites that should give you guidance on buying a franchise in Canada, but it is likely then you will need the help of experts and legal advice may well be a prerequisite. Who are the experts you need to turn to for advice?Read More >
As your business grows, you might consider new funding sources. These can be used to help you grow or to act as a sort of security blanket for the business. Either way, it's important to go have everything you need in place before opening new lines of credit.