As I find myself in both familiar and foreign territory visiting family overseas I have been appreciating the differences in the entrepreneurial rhythm of a different culture and society. Small business tends to dominate the economic fabric of most societies and in many places growing a small business beyond the local area it initially is set up to serve is just not be part of theRead More
The number one concern most business owners have – especially in the beginning – is how to manage their cash flows. It’s not just about generating the sales – but getting those clients to pay. Pay on time. So you can pay your bills on time. And just because you aren’t getting paid doesn’t mean that your vendors will excuse your late payment. And soRead More
Done correctly, going into business with a partner can be a great way to grow quickly as each partner brings expertise or assets that the other party is missing but which are crucial for business success. Yet, according to some studies, 80% of business partnerships fail. When you consider that the failure of a business partnership can often lead to loss of valued relationships, financial struggles,Read More
Over the past six to 12 months, I have worked with a number of franchise owners who plan to sell franchises. In all cases, they had sold franchises in the past and had seen mixed results. Sometimes it had worked out. Other times, not so much. This time, all of them wanted to make sure that they sold to someone who was likely toRead More
Do you blog for business? Many businesses feel that blogging isn’t worth the time it takes to draft articles and post them on the website. I get it. Blogging can be time consuming. It is even worse if you have writer’s block. That being said, writing a blog for your business can have extremely positive effects on your success. Here are four things that shouldRead More
Written by Canadian Small Business Women on behalf of our sponsor, Just Energy.
Households and small businesses in Ontario pay time-of-use prices for electricity that change according to the TIME OF DAY and DAY OF THE WEEK. The peak periods also change by SEASON. What this means though, is that households have to pay attention to the on-peak and off-peakRead More
Let’s start off by admitting that as much as we love what we do, as small business owners, we do this to make money. Let’s also admit that we have clients who have not really grasped this concept and who Just. Don’t. Pay. Us. On-time- or at all. How do you deal with it? As always, prevention is better than cure. Here are my top threeRead More
Okay, we’re halfway through 2017. It’s time to get real because there are goals that you set for yourself at the start of the year and now’s a good time to check on the progress you’ve made. I know that there were probably some rough patches and things you wish you had done better. The question is, what are you going to do differently in theRead More
Where is the Real Threat?
In the internet world festooned with apps we know it’s important to use strong passwords to secure our own email, social media accounts, and electronic devices. On the corporate side, another important consideration is the role that humans play in cyber threats. People with access to big data, personal information, intellectual property (IP), and critical infrastructure (e.g., power supplies, water treatment, hospitals, railways)Read More
Your company or product launch was a month ago, and you managed to connect with a few media outlets to get coverage. Now what? It is a challenge most business owners face consistently when it comes to generating buzz about their brand. While you may not notice the lull in buzz generated for a couple of months because you are on a high from your successfulRead More
I’ve written similarly on this topic before, for other media, in a lighthearted kind of way. However, now more than ever, I believe the message bears repeating. What’s the topic? What does “SOS” really stand for? In my world – it stands for “Shiny Object Syndrome” and I have it bad – particularly at this time of year. In the summertime, more than any otherRead More
Americanization is a term that has been around for many years and had different connotations at different periods of time. First used as a word associated with the integration and assimilation of immigrants to the United States by adopting American beliefs and values, Americanization now refers to the making something be it a person, a business or a culture “American” in character. Though we don’tRead More
FOR IMMEDIATE RELEASE
C.S.B.W. HOSTS EXCITING SMALL BUSINESS SEMINAR
THEME: Taking the Leap: Strategies to Entrepreneurial Success
Canadian Small Business Women, is proud to host our 9th Small Business Seminar. This time around, we will be in coming back to home to Mississauga. The Taking the Leap edition offers hands-on business building workshops delivered by industry experts withRead More
Delving into the fundamentals of confidentiality would not be complete without getting into why it matters to take steps to protect confidential information in the first place. There is no better way to illustrate the “why” than by considering the kind of confidential information that businesses rely on to gain an edge or economic advantage in the marketplace, a.k.a, trade secrets. Trade secrets represent defined subsetsRead More
- How can I raise capital?
The textbook answer that a corporate finance student will give you is that you should have both equity and debt financing. Arlene Dickinson, who has built an empire from her sheer will, says equity is the most expensive form of financing there is as you’re giving up a part of your business. Whichever option you pick, it isRead More