It is worth noting that over half of new small businesses usually fail in the first five years. This is mainly due to their inherent weaknesses. Entrepreneurs can however, boost the likelihood of success past this period by learning about their entity’s weaknesses and overcoming them.
Use the tips below to find and overcome small business weaknesses.
Analysis/Prepare a Business …Read Full Article
If you are looking to get assistance from the government in the form of funding or any other type of support for your startup, you will need to make a successful pitch. This tends to be quite a challenge to most entrepreneurs due to the bureaucratic nature of government agencies.
Below you will find a list of tips to help …Read Full Article
Government funding tends to be invaluable to small business owners who usually find borrowing from traditional lenders more or less impossible. However, most entrepreneurs usually have very little information about government funding requirements and processes. This works to keep them from enjoying the benefits associated to using government funding.
When it comes to launching a successful business operation, timing plays …Read Full Article
As an entrepreneur, you have to come up with a viable business idea and then demonstrate why other people (investors) should put their money in it. This is usually easier said than done.
Follow the tips below to prepare a winning pitch to potential investors.
Pick Investors
There are many types of investors out there. Each group of investors focuses …Read Full Article
The Canadian government has put a lot of effort into creating a variety of funding programs meant to stimulate business and economic growth. However, it is worth noting that even with the available programs most entrepreneurs and small business owners do not take advantage of these programs. Such funding programs offer a more affordable option to access some much needed …Read Full Article
Government funding sources provide entrepreneurs and small business owners with the opportunity to secure financing to establish, or grow their operations. However, it is worth noting that this type of funding is not available to just about anyone. Applicants must satisfy the specific eligibility criteria.
Each government funding program is designed to cater to the needs of the targeted applicants. …Read Full Article
As a small business owner or entrepreneur looking to get their operation off the ground, securing government funding can be exactly what you need to succeed. The government funding application process can be quite strenuous; as a busy business owner you want to know that each minute you spend on this endeavor will pay off with an accepted application at …Read Full Article
The government offers a variety of funding options for small businesses. Entrepreneurs and small business owners, both have the opportunity to realize their business goals by seeking this funding avenue. In a world where private lenders tend to shy away from funding small businesses, government funding has become a vital source of financing for them.
It is important to note …Read Full Article
To ensure the successful launch and growth of your small business, you will need accessible funding. Entrepreneurs and business owners have the opportunity to seek government funding through the laid out application process. Since government funding options involve accessing public funds to be used in starting and growing a private entity, the application process tends to be highly rigorous. This …Read Full Article
Getting your new business off the ground can be quite challenging. In most cases, entrepreneurs lack the necessary capital or qualifications to seek capital from established private sources such as banks and venture capitalists. However, it is worth noting that you can still get the necessary funding to start a business by taking advantage of government funding programs.
In a …Read Full Article