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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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.
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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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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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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New to being a business owner? That’s okay, everyone was new once, and they have all started at the beginning too. Here are some tips for new business owners entering stepping off the bench and onto the field or even well-seasoned business owners.
Go Paperless
A person will be surprised at the amount of saving that will occur from simply switching from ...
Starting a small business has a list of challenges all on its own, and one that makes the top of the list is more than likely money. From the collective experience of other small business owners, there are many ways one can give their business a financial revamp by a modification to their operations processes. On a smaller scale, there are some little things business owners can do in the day-to-day management of their business to improve their finances.
Below are ...
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Starting a business is equivalent to taking a leap of faith unless one has a plan, but just having an idea is not enough. One needs the self-discipline to follow through with the project and not vary from it. The startup at first can seem not as glamorous as one visualized, but to be successful one only needs to submit themselves to the process that lay ahead of them. Just stick to the plan and one day, one will enjoy ...
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The NEDC (Nuu-chah-nulth Economic Development Corporation) will be hosting the Thriving Nations: Aboriginal Governance Conference, and it will be held on October 27th & 28th at the Tigh-Na-Mara Resort in Parksville, BC.
NEDC will open the conference on day one with Dr. Manley Begay who will discuss nation building and share case studies in the A.M., a long with other speakers to follow, and then day one will end with NEDC’s annual Business Awards. Day two will go deeper into aspects ...
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If a business owner, or person, is looking to import or export in Canada, here is a guide that can help one understand reporting obligations and regulations that they will encounter.
Exporting/Importing
Most Importantly, as an exporter/importer one will have to report the goods, they are exporting. Goods that are shipped from Canada, or to, are required by the Customs Act to be declared. Canada has a responsibility. That responsibility is to ensure that anything crossing over its borders and ...
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