Transitioning Business Ownership

Selling your business or retiring? Here's how to transition ownership so the business stays in a good position going forward.

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Choosing Between Multiple Startup Ideas

Every entrepreneur has had multiple ideas in their lifetime, often at the same time. How do you choose which is the right one for you? As an entrepreneur you may have many great ideas but you may not be sure which one is best-suited to base your startup upon and which will have the most financial success. Whether launching a product or service, the most vital factors that you should examine include demand, margins, finance and feasibility.

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Why Entrepreneurs Need To Slow Down Before Taking Risks

We always hear that entrepreneurs are insane risk takers, but this doesn't mean they dive into situations without considering those risks. Here are the reasons entrepreneurs should make a deep assessment of business opportunities before taking action.

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Keys To Choosing The Right Location For Your Small Business

Location is a big deal for any business. How do you choose the right spot for you and your customers?

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How To Keep Your Most Talented Employees

A great company needs great employees to succeed. How do you keep your best ones long term?

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4 Ways To Save Time At The Office

Trying your best to get it all done in eight hours but constantly find yourself pressed for time? As a small business owner, your time is precious and you need to prioritize your tasks so as to meet deadlines and grow your business. It is vital to saving time to accomplish tasks rapidly and successfully. Try these four key ideas to save time at the office.

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Determining How Much You Should Pay Yourself

When starting a new business venture it is important to determine not just your employees’ salaries, but also your own. After all, when you work for someone else, it is pretty easy; you earn the salary they determine for the work you do for them. However as your own boss, you need to earn enough that you can cover your personal bills but also have sufficient funds to input into your business and deal with any emergencies. Deciding how much income you should take versus what you need for the business can be a challenge. Although there are no hard and fast rules, certain guidelines can help. Here's how to figure out how to compensate yourself for your work.

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Setting Up An Ecommerce Store

As a small business you need to constantly have access to new customers so as to grow. With a physical location it will not be possible to reach out to as many clients as you could by having an online presence. If there is only one way for potential customers to buy your products, you run the risk of losing the large percentage of shoppers who prefer or only have access to your products online. For many people, distance, traffic or a busy schedule might preclude them from visiting your store. If your small business sets up an ecommerce store, customers can shop from wherever they want, even when your physical store is closed. Setting up an eCommerce store will permit you to expand your customer base across the globe, reaching clients far beyond your physical location, this will correlate in an increase in your profits.

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Working Too Hard: Can It Be Detrimental To Your Business?

You spend all hours of the day working and stressing over your business, but this can cause you to lose focus and your performance can slip. Here's how overworking yourself can be more negative than positive.

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The Cost Of Opening An Office In Canada

What is the average cost involved when purchasing or leasing office space in Canada and how can you work to lower those costs?

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How To Deal With A PR Nightmare

Every once in awhile your company may face an incident that results in some poor PR. How do you handle this and prevent negative news from becoming a long term reputation?

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Most Innovative Canadian Startups

Which Startups in Canada are Currently Considered the Most Innovative, and Why?

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Keys To Setting Yourself Apart From Your Competitors

If you don't have great brand recognition, your customers might confuse you with your competitors. Here's how to set yourself apart.

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Best Practices for Killer Customer Service

Customer service is the key to keeping customers and spreading positive word of mouth. Running a successful small business can be difficult at times. You often have to compete with large household-name companies that have a lot of funding so they may offer a wider selection of goods and/or services, more numerous locations, and lower prices. So why is it then that customers keep coming back to small businesses? In many cases, it is due to the excellent, personalized service. Here are some tips to ensure you maintain the best customer service.

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Small Business New Year's Resolutions

A New Year Means New Goals for Your Business. What Should Your Small Business Goals be for 2016?

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Prioritize Your Work Day

Lost in the clutter of thousands of to-dos? Here's how you should prioritize your tasks to get the things that really need attention done.

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Why You Should Still Have Meetings In Person

It's very easy to schedule a conference call or simply communicate online, but the face-to-face meeting is still the best way to get things done in business. According to a study by the Harvard Business Review face-to-face meetings are the most effective for negotiating important contracts, interviewing senior staff for key positions and understanding and listening to important customers. Why is this?

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