Summary Small business ownership offers significant advantages, from financial independence and creative freedom to personal fulfillment and community impact, but it also carries real challenges that require honest self-assessment before taking the leap. This guide explores the key pros and cons of owning a…
Are you expecting to die with your boots on? Or do you intend to kick off your shoes and seek other surroundings, near or far? Some eight per cent of us who own small businesses in Canada do not plan to retire at all.
Do you have fun running your business? Research from The Guardian Life Small Business Research Institute shows it’s more likely if you stay small. Some keep their business small by choice, finding it more personally rewarding than running a bigger company with more employees.
Many small business owners love what they are doing. It’s the fuel that powers them through long days and adversity. It’s why three out of 10 in Canada opened up shop. But it’s also the kicker that can make it so hard to leave—a milestone that some seven out of 10 of us will be approaching this decade.
A small business partnership is like a marriage - you need to choose your partners wisely. That is some smart advice. Especially in business, many do not.
Summary The traits of a successful entrepreneur go far beyond a great idea. They encompass vision, resilience, empathy, and disciplined execution across every stage of business. This guide breaks down 18 core characteristics shared by high-performing business owners, offering a…
If you own a small business and require a share freeze, partnership dissolution, or are starting to exit plan for the sale of your business, the first question owners often ask themselves is, “What is my company worth?” Most accounting…
Many Canadians feel that the cost of local housing, whether purchased or rented, is beyond their means. Affordability is especially an issue in Toronto, Vancouver and Calgary. Less in the news are non-residential properties and the hardships their rising property taxes are causing to small businesses. It’s an expense that is causing small businesses to relocate, reconsider expansions and, in some instances, shutter, notes a recent Globe and Mail Report on Business.
The evidence is out there: more women in Canada now own businesses and more women in Canada are now engaged in starting businesses. The count varies according to who reports what and where.
