Building Our Future

Entrepreneurship is at the heart of every economy, whether it’s a skill, a product, or a service, every great entrepreneur has to start somewhere. The number of Indigenous businesses has grown steadily since 2000 and this emerging sector is well-positioned to deepen its economic footprint. The 21st Century has fostered great change when it comes to the availability of information and technology making it easier now, more than ever, for young people to pursue their career goals.

NEDC has been a ...

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NEDC Grant Success: Panago

As the NEDC continues to help Aboriginals and First Nations communities on Vancouver Island through grants and services it’s always important to celebrate the successes. Recently Christian and Carrie Olney received grant funding to aid them in becoming business owners. By working with a Business Development Officer they were able to receive support to ...

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Strengthening the Entrepreneurial Spirit

The NEDC has been continuing to develop and grow, helping Aboriginals and First Nation Communities on Vancouver Island become healthy, wealthy and socio-economically independent by offering a variety of workshops, helping to strengthen the entrepreneurial spirit across Nuu-chah-nulth territories.

If you’re thinking of embarking into the world of business but find the ins and outs of business to be overwhelming and a challenge, you’re not alone. Even people who have been business owners for years still face challenges in managing and ...

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Turning the Tides of History

Since 2006 the five nations of the Nuu-chah-nulth First Nations have been fighting the Federal Government for Aboriginal fishing rights. In a 400-page judgement the federal government failed to justify its infringements of these five nations. The judge gave the federal government one year to make changes to government policies. Not only is this an historic win for the Nuu-chah-nulth First Nations, but the court’s decision will affect all of B.C.’s First Nations as there are other First Nations in ...

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How to Rebuild Your Credit

Poor or bad credit can close doors for you when you’re trying to qualify for loans.  Often you end up having to settle for less than desirable terms such as higher interest rates or insurance premiums.  Some employers even check credit reports before deciding to hire someone.

Rebuilding your credit doesn’t have to be a complicated process, whether you’ve been through bankruptcy, divorce, or just made a few of your own financial mistakes.  Starting with a simple step-by-step plan you’ll soon ...

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Do you have what it takes to be an entrepreneur?

If you have an idea for a business or product, taking on the hat of an entrepreneur can seem like a daunting task.  Having a great idea is half the battle.  But have no fear, anyone can become an entrepreneur.

Simon Sinek is probably one of the most outspoken people when it comes to the subject of business leadership and his talk on TED.com is the third most watched talk of all time.  According to Simon, the best advice is to ...

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7 Highly Affordable and Effective Ways to Promote Your Product

Marketing a product never comes easy, even if you have a team working behind the scenes for you.  In the 21st century, if you’re just staring out, you don’t necessarily need to hire a team of experts.  With the internet at your fingertips, you got all the expert you’ll ever need.  Check out the top 7 ways to market your way to success online.

 

  1. Blogging – If you aren’t already blogging, you need to! Having a blog associated with your business ...
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Tips to help save for a rainy day

Everyone has heard the expression “save for a rainy day” until the verge of cliché. For a small business owner, creating an emergency fund may not only be practical, but critical. A “rainy day” fund is the best insurance one’s small business has for continuing operations in the face of unexpected financial issues or helping one recover from an unplanned, costly event.

In the small business world, every penny counts are stretched like one of those machines does at the big ...

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Rebuilding Credit

If one has bad credit, many closed doors may be the case for them. Did you know that a poor or bad credit score falls at below 619 on the FICO score. A 619 will result in a person not qualifying for loans, or a person might have to settle for less-than-desirable terms that cost them thousands of dollars during the loan’s terms. Not qualifying for a loan can break a business or ground it before it gets in the ...

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How to Hire a Bookkeeper

When a business first starts up, the numbers start pouring faster than a running faucet. No matter the size, every business keeps a record of its transaction. The history of transactions includes sales, expenses, and wage/salary payments­­. The paper trail is similar to white blood cells in the body, and it keeps track of and carries information through one’s business like blood through the body.

One could do this task their self, most entrepreneurs are ambitious but not trained in bookkeeping. ...

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