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How to Open Your Business and Grow Your Business During COVID-19
May 28th at 10:07pm
You have two options during this COVID-19 – cower in fear, lament all day and accept defeat, or you roll up your sleeves, take a firm stand and fight it out head long. If you choose the latter, then this piece on how to open your business and grow your business during COVID-19 is for you. As far as anyone knows, coronavirus may miraculously disappear overnight or become a part of us, like HIV/AIDS. But rather than fold your hands to wait it out, you are here, looking for a way to earn money and stay in business, pandemic or…
DOES YOUR SMALL BUSINESS NEED A PARTNER?
March 14th at 5:23pm
When you are considering joining businesses with another person, there is a lot to be considered before you sign on the dotted line. If you are married, think back to when you first met your spouse. Most people refer to going into business together like a marriage. And, in many regards, they are correct. Both agree to a long-term commitment that requires a lot of time, trust, and devotion. The most important part of this package is trust. The worst that can happen is the business is a bust. Even the tightest friendship can end in a nasty way if…
BEST BANKS FOR SMALL BUSINESSES IN CANADA
February 21st at 10:41pm
It is critical when running a business that you avail of the services of a bank. Many businesses have a bank but do not have a banker. Nurturing a good bank relationship can lead to various benefits for your business that can help it grow. Many institutions claim they have the best banks for Canadian small businesses and entrepreneurs. However, there are so many different options that choosing the best banks with great options for small businesses is a difficult task. Along with the well-known, established ‘Big Five’ Canadian banks—Scotiabank, TD, BMO, RBC and CIBC—there are also newer, online-only banks that offer…
BEST BUSINESS IDEAS IN TORONTO
February 15th at 5:11pm
Toronto is one of the greatest cities in the world to do business,consistently ranked at the top when it comes to global competitiveness, innovation and quality of life. Very few cities in the world can offer such multi-sector strength, depth of talent and a driving economic and financial engine. HERE ARE SOME GOOD REASONS TO START A BUSINESS IN TORONTO Population With 2.8 million residents, Toronto is the 4th largest city in North America. One-quarter of Canada’s population is located within 160 km (100 mi.) of the city and more than 60% of the population of the USA is within…
WAYS TO GROW YOUR STARTUP’S SOCIAL MEDIA AUDIENCE
January 31st at 8:16pm
In order for social media marketing to work, you need an audience. Unfortunately, growing an audience is also one of the most difficult tasks for businesses. Not only are you competing with other brands for your audience’s attention, but you’re also up against content from their friends and family. No matter what stage your startup is in, you’ll want to start or continue to grow your social media audience. The first thing you need to do is start planning and strategizing. Otherwise, you’ll fall into the trap of aimlessly publishing content and randomly engaging. When you know who you want to target…
ROADMAP FOR SMALL BUSINESS SUCCESS
January 28th at 9:42pm
Many people see the beginning of a business as just having one good idea, but to actually reach success and draw investors, a lot more hard work is needed. Writing and setting up a business plan is crucial to start your business. Think of your business plan as a roadmap to success. It’s a living document that should guide you through the startup stage and prime your business for successful growth. It can also help you obtain funding by highlighting why your business is a valuable investment. Show potential partners that you’ve thought through your business concept and you’re confident…
TOP TORONTO STARTUPS
January 18th at 4:44pm
Toronto is known throughout Canada as a business powerhouse. It provides a whopping 10% of Canada’s entire GDP and has one of the world’s most reliable banking systems. Toronto is one of the most business-friendly places in the world. Statistics shows the number of active startups in select Canadian cities as of 2017. In 2017, the Toronto-Waterloo startup ecosystem had an estimated 2,100 to 2,700 startups operating. Toronto has become a major centre for artistic and creative industries such as film, design, music, movies and video games. It consistently vies with the much smaller city of Vancouver on the west coast for the title of Hollywood North and Silicon Valley North. Here are some of the…
RESOURCES FOR SMALL BUSINESSES IN CANADA
January 11th at 12:14am
Industry Canada’s definition of “small business” is firms that have fewer than 100 employees. Number of Businesses. • There are just over one million small businesses in Canada that have employees (excludes self-employed entrepreneurs). Ninety-eight percent of businesses in Canada have fewer than 100 employees. Small and medium-sized companies represent 99.8 percent of all companies and employ 64 percent of private sector workers in Canada. If you’re looking for help with funding, need advice for growing your business, or want to become a better marketer — these resources can help. 1. Chamber of Commerce In addition to the number of benefits that…