Starting a new business is a tough task these days. Not because there would be any major obstacles in the process itself, but the market is incredibly competitive and only the very best entrepreneurs are able to thrive in such an environment.
May 10th 2012 was a day that will I will never forget as it was the day I pitched my invention called The HEFT in Toronto for the CBC TV show, the Dragons’ Den.
I talk to many people who have big, audacious dreams for opening a business. I’m amazed at how many great ideas I hear about that sadly, haven’t yet come to fruition.
In my last post, I offered tips on how to estimate the amount of capital you’ll need to open your small business. Once you know that number, it’s time to decide whether equity investment or a loan makes the most sense for your type of business.
So you want to start a new restaurant/accounting practice/gnome-themed birthday party company (insert your type of business)? If this is your first company, you’re probably wondering how to estimate your start-up costs.
Have you heard the news? Futurpreneur has increased its age limit by 5 years, to 39. This change represents the organizations first adjustment to the program to help better serve aspiring entrepreneurs.
So what do I mean by usual suspects? Think government grants and loans. Let’s face it folks, the competition is fierce, the volume of paper work is high, the deadlines are tight, and well, it’s no easy walk in the park to get fed bucks.
For the second year running the Canadian Youth Business Foundation (CYBF) has joined together with Spin Master Ltd., to offer the Spin Master Innovation Fund. If you are aged between 18 and 34 you could be eligible to apply for some amazing prizes.
Because your personal income is so closely tied to your business finances, it’s important for you to make the most efficient use of your hard-earned dollar. Read on to discover nine common investing mistakes that all small business owners should avoid.
If you are a small business focussed on innovation, there are a number of tax incentives and support programs that have been committed in the 2012 budget, dubbed the Economic Action Plan. Here is an overview summary of what the budget has in store.