The business world is changing rapidly in almost every industry, so keeping an eye on your current situation is essential. Many entrepreneurs think their business plan should be created at the start of their business and never looked at again. This is not the proper...
You are considering setting up a new business in Canada, but you cannot afford to lease an office. Business owners in Canada sometimes solve this by using their home address as their business address. The use of home addresses as business addresses is a security...
A business plan is a roadmap for your success in a new business. Business plans have a lot of components for a variety of reasons. It can be challenging to know how to write a business plan. Some business owners only need a business plan to keep their operations on...
5 Reasons Why You Need a Business Plan Would you have someone build a house for you without a blueprint? Would you be confident that the house would pass inspections and be up to code if they didn’t? Consider a business plan for your business the same as a...
Many entrepreneurs or first-time business owners wonder why is the bank asking me for a business plan if I have the collateral to back up the loan I am requesting? Banks ask for collateral to protect the money they will lend you. This collateral may be in the form of...
