Starting your own business from scratch often results in failure. Forbes states that 90% of new businesses fail within the first 5 years! If you are new to entrepreneurship, why start your own business when the statistics are clearly not on your side? Why not buy an existing business and mitigate your risks? Here are…

10 Tips for Small Business Owners and Start-Up Owners    With 90% of new ventures failing, acquiring or starting your own business can be very challenging and intimidating. There is nothing wrong with seeking advice regarding your new venture to help get your business off on the right foot. These tips are here to help…

How to Verify that a Business Really Exists   Just as consumers check to make sure a business is legitimate before they buy, you likely do the same before your business has dealings with someone new. Whether you’re looking to buy from a supplier, donate to a non-profit organization, or collaborate with another business on…

What is the Most Important Characteristic that an Entrepreneur Should Possess?   What it takes to be an entrepreneur? What are the most important characteristic that will make you a successful Entrepreneur? Russell Oliver, the “Cashman”, shared with us what he think is the core of an Entrepreneurial Spirit.   Video transcription   Pamela Labelle…

The Good and Bad of Buying a Franchise Vs. Buying a Business   Starting a new business is quite the endeavor, regardless of what format you choose is best for you. It is important to understand the attributes of whichever format you choose for your business and that you know how these will impact your…

So… You Want to Open a Restaurant?   I heard a great joke a while back, if you want to make a million dollars in the restaurant business start with $2 million. But seriously the restaurant business is not for the feint of heart, if you don’t enjoy hard work, long hours and have little…

Top 10 Qualities a Franchisor looks for in a Prospective Franchisee   Finding the right franchise is a lot like dating. It can be awkward, uncomfortable, pretentious and just darn difficult to figure out what people really mean when you are trying to find the right franchise investment. Much like dating, it can be helpful…

If You Have an Idea For a Business, Don’t Wait For Everything to Be Perfect! There are some of you out there who want to start a business. So you research your market, write a business plan and then get stalled. You want everything to be perfect so you obsess over the details. The difference…

Buying A Franchise: [Checklist Of 50+ Crucial Questions You Must Ask] Download FREE the Checklist for Buying a Franchise Seeking the right franchise for you does not have to be a daunting task, if you follow some simple guidelines. In order for you to make an informed decision, here are three questions for you: Do…

Guide on Different Types of  Businesses: Corporation vs Partnership vs Sole Proprietorship     When starting a business in Canada you must register your business with the government but there are some important things to consider before doing so. First, you will need to decide on a name for your business. Second, you will need…