Before deciding whether or not to incorporate your company under the Canada Business Corporations Act or any of its provincial counterparts, there are a number of important considerations which must be taken into account.
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If you enjoy gardening and spending time outdoors year-round, you might want to think about starting your own landscaping business. The work is very physical and the hours are long - but you are your own boss and you can get your business up and running quickly for a relatively small initial capital outlay.
When looking for commercial office, retail or warehouse space for your business, there are a number of issues you need to consider. This checklist will help you determine the pros and cons of each space, and allow you to compare each property you view in terms of its relative strengths and weaknesses.
In planning for business and economic challenges, succession, retirement, sale of a business, or the withdrawal of equity from a business, the entrepreneur should properly consider the question of how to extract or protect his/her equity in the business. This planning process begins by a careful examination of the issues faced by the entrepreneur, then consideration of the options available, and then the formulating of a step by step process of documentation and action.
Owning a small business is not for the faint of heart. It's hard enough to keep your head above water at any time, and it becomes exponentially more difficult in a tough economic climate. Here are 5 tips that can help you weather the financial storm.
Every business partnership, no matter how good the relationship, has the potential to end in dispute. So long as the parties agree on significant matters, minor disagreements generally resolve themselves. The best and most proactive way to attempt to resolve or avoid potential conflicts and to minimize the costs involved in conflict resolution is to have a Shareholder Agreement in place to deal with significant business issues before they arise.
A business plan is one of the most important tools of doing business. Not only does a business plan lay out your vision for your company and its future direction and growth, it’s also a key component in obtaining financing and attracting investors. A business plan explains what your company does, how it plans to succeed and why lenders or investors should have confidence in its potential.
Thinking of starting your own cleaning business? It's a great opportunity for anyone who is hard working and responsible, and you can start working from your own home with only a minimal investment for start-up expenses. You can expand the business at your own pace and hire extra staff on an "as needed" basis.
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