Displaying posts tagged with

“small business”

Small Business is NOT Like Big Business

There was something I discovered when I started working for myself about small business, and how it compares to larger businesses. Coming from a company with several hundred employees and many contract staff, I moved to a company that had exactly one employee – me. The difference was so fundamental, I wondered if any of […]

It’s a Good Idea, Now What?

Often in my line of work, I have conversations with people who have thought of an idea for a product or service, and are looking to turn it into a business. The first barrier they need to cross, namely, having a GOOD idea, has been crossed via validation from potential customers of the product or […]

Starting a Business

A recent course which was titled “Starting a Business” and ended being better named “Writing a Business Plan” got me thinking about what kind of advice I would give to someone just starting out. I thought back to a few businesses which started out as a single person, and have grown, and realized that there […]

Small Business and Small Business

A conversation recently with my insurance broker had me highlighting a problem in the economies of Canada and the US, to which policy is seemingly being addressed, but in reality is not. We are aware, of course, that small businesses play a significant role in our economies, employing large numbers of people and contributing in […]

True Source of Funding in Canada

In a discussion this week with the owner of another company, I was surprised to hear the following fact: It’s easier to borrow $5 million than it is to borrow $50 thousand. In fact, if all you want is $50,000 then most lending institutions are not really interested in your business. Surprised, I went to […]

10 Questions to Keep Asking About Your Business

Ten questions to be asking yourself constantly as you start and grow a new business.