GoForth Institute Small Business Training

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When to hire in your small business

Saturday, June 4th, 2016

When we interviewed successful entrepreneurs across Canada, one of the areas of difficulty they found in their businesses was the decision of when to hire employees. So – how do you know when to hire your first employees? Sum everything up in a big pros and cons list — identify what benefits an employee could […]

Using a line of credit to finance a small business

Saturday, April 23rd, 2016

Debt financing is money loaned to you or your business, for which the lender has a right to earn interest. Many small business turn to debt financing through commercial banks and credit unions. These institutions will lend a portion of the value of your business’ fixed assets. You can then use this financing to buy […]

How to set up a payroll account

Saturday, March 26th, 2016

You’ve made the leap and hired your first employee. Congratulations! This means your business is growing so much that you can no longer do everything yourself – a good sign! However, your duties as an employer have only just begun. Before you can pay your new employee, you will need to let the government know you’ve […]

Our favourite GoForth small business blog posts from 2015

Saturday, December 26th, 2015

As the year is winding down, we wanted to take a look back at some of our own blog posts we felt gave valuable advice or inspiration to our fellow entrepreneurs. Let us know what you think of these small business blog posts! Which social media outlet is best for your small business? Entrepreneurial Inspiration: Velcro […]

How much should you pay yourself as a small business owner?

Saturday, October 17th, 2015

If you’re starting out in small business, you may be wondering about what to pay yourself. When you had a traditional job, you got a salary or an hourly wage set by someone else, and you didn’t have to think about it much. But what do you do when you’re the boss? How and what should […]

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