It is a well-known fact that profitability is the lifeline of any business existence. Profits are crucial for a business to carry out its activities and grow in due course. However, due to unanticipated situations, your business would need to boost profits instantly. For example, the minimum wage hike in the province of Alberta would affect small…

Time Management Source: https://en.m.wikipedia.org The first important step to managing multiple companies is to manage time. Time management is important so that you give the required time to each company. It is not possible to give an equal amount of time to each of them. Allot your time to each company as per your priority.…

For a startup or a medium business company, it is always an uphill task to beat big companies. There are many big companies who have learned to adapt and survive  in difficult business environments. This has made them almost immune to any form of competition. The big competitors have achieved a sustainable competitive advantage over…

As an entrepreneur, you require funds to help your business expand. Securing a loan is a big business risk for any aspiring entrepreneur. Lenders have a number of resources that will help them provide the right financial services for your situation. One such small business funding resource is the Canada Small Business Financing Program (CSBFP),…

The biggest challenge for any business person is finding the funds that are required to launch and grow the business. Without any capital, you can’t hope to launch your business idea. There are various ways with which you can gather funds to help you run the business. Here are a few ways with which you…

Crowdfunding your business is just about persuading people to give you donations- say $20, $50 or more. When you get some thousands of donors, you sure have some serious cash with you. In the era of social media, it has become possible to promote your ideas, your work and has helped or rather allowed various…

Starting a business in Edmonton is not an easy task. From finance to human resource to tapping into the market, you are going to face an uphill battle of startup challenges in Edmonton. Each one is going to be exciting and frustrating at the same time. However, by knowing the challenges the Edmonton business community…