Category: Business Planning

Many business owners wonder how much their business is worth, but when they get to the point of actually having their business valued, do they know what to look for? Brokers, realtors, accountants, and chartered business valuators offer valuation services at different price points. Some even offer them for free. But not all valuations are […]

Tips for Business owners dealing with pandemic debt

A year ago last week, the World Health Organization declared COVID-19 a pandemic. Since then, Canadian small businesses have racked up a collective $135 billion in debt as a result of the pandemic, with the average business’ debt load approximately $170,000, according to a recent estimate by the Canadian Federation of Independent Business (CFIB). If […]

The last 12 months have brought a lot of changes to the workforce, including an increase in remote hiring and recruiting, people working from home, job transitions, and adjusting time-off policies, to name a few. Whether you’re looking to grow your team now or find new ways to re-engage your existing staff, learning or brushing […]

Strategic Thinking is the kind of thinking that creates insights that are crucial to pivoting quickly in rapid moving times. I think that just might be about now.  This is the type of thinking that looks at alternative perspectives, challenges assumptions and is aimed at creating new possibilities. It’s not hard to do a little strategic […]

The beginning of a New Year is a great time to sit down to brainstorm and strategize what you’d like to pursue, achieve and change in the next 12 months and beyond. Don’t put too much pressure on yourself! Remember that nothing is set in stone, and that you can always adjust and recalibrate along […]

The holiday season is upon us and with that can come some extra stress for business owners who have been working tirelessly all year. This year (and every year), we encourage you to take advantage of this much needed holiday break and step away from your business. Even if you’re only able to step away […]

You have a great idea, and you wonder why no one has thought of it yet. Before you start filling out loan applications or renting office space, ask yourself some tough questions – and be prepared to do your homework. 1. Do you have what it takes to be your own boss? To manage a […]

My husband and I purchased a food manufacturing business at the end of fall 2019 and launched it on December 1. After one month of training by the previous owner, we thought we knew everything about our business. And we were so wrong!! We faced many challenges. The good part is we learned a lot […]

Over the past month, we’ve worked with lots of women entrepreneurs, and we’re starting to see them turn a corner and settle into this new normal. Some are even getting ahead of the curve and embracing some of these changes! If you’re somewhere between surviving and thriving, here are four ways to help you find […]

7 ideas to keep your small business going during the pandemic

It’s a scary time right now for many business owners, especially those that have had to close or modify their business to comply with social distancing to stop the spread of the coronavirus. Whether your small business is your full-time income or your growing side hustle, many of us have to figure out how to […]

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