A business plan is the design and construction plan for a great small business. If you wanted to build a house, you wouldn’t walk over to an empty lot and just start nailing boards together. You’d follow a blueprint that tells everyone what the finished product should look like and how to build the home. Essentially, a business plan serves the same purpose. What does…
We know it’s not exactly the most thrilling aspect of Canadian small business sometimes, but keeping accurate financial records is important. The length of time your business needs to keep records of all activities is six years. Along with your financial statements (balance sheet, income statement, and cash flow forecast), you’re required to keep records for all the individual accounts that make up those statements.…
Whether your business has meetings daily, weekly, or hardly ever, you might have wondered how you can make them more interesting. Of course, remaining professional and sticking to the task at hand is paramount, but there are also ways you can make meetings more appealing can help your team feel more alert, creative, and engaged. Here are four ideas to help inject some variety into…
We hope you’re staying cool this summer! Why not take a break and read some of the small business blog posts and articles we’ve enjoyed recently? Government-backed Indigenous entrepreneur fund receives $3-million investment from fintech company Block at The Globe and Mail These aquatic ‘superplants’ are low-emission, local food for cows at Fast Company Cooking Up Content: New Opportunities Emerge for Early Professionals at Entrepreneur
We spoke with Canadian entrepreneurs when developing our small business education, and they identified legalities, applications, documents and filing as a major area of concern. They told us stories of getting hit with fines and lump sums of taxes due that they didn’t see coming. So learn from these entrepreneurs! Here are some legalities to make sure you keep in mind in your entrepreneurship journey:…