Does Business Structure Matter
One of the first decisions you have to make when you decide to start a business is what its structure will be. Your chosen structure can affect everything from taxes to liability and growth potential. The three main ones in Canada are sole proprietorship, partnership, and corporation. Let’s explore each of these. Sole Proprietorship A […]
Why Did You Start Your Business?
If you follow Simon Sinek you know he has made his name by asking the question WHY. And it is an important question to ask yourself about your business. When you know why you started your business and it has meaning to you and your ideal clients, you have an advantage over other businesses. Go […]
Business Strategy is Your Roadmap to Success
Business strategy is something every business owner needs to think about in their business but do you know what it is? The Oxford Dictionary defines business as ‘a person’s regular occupation, profession, or trade’ or ‘the practice of making one’s living by engaging in commerce’. Its definition of strategy as ‘a plan of action or […]
Credit Card Surcharges in Canada
I’m sure you’ve seen the new articles about how companies in Canada can now charge customers surcharges for using their credit card to pay. But what does this really mean for you as a business owner and why did the rules change? Prefer video? Check out my YouTube video on this topic here Class Action […]
Do you really need a business plan?
Do you believe that you only need a business plan when you are looking for financing? When you start your business, you are excited, you want to get started, and unless you need to bring lenders or investors, a business plan is the last thing on your mind. And even then, the plan is created, […]