Now that the world is slowly getting back on track, the stock market is at its all time high, and the world economy is starting to recover, many entrepreneurs ask themselves: which country is better, US or Canada? There is of course no straightforward answer, but we’ll try to examine the strong sides of each,...
Read More »
You want to avoid marketing mistakes, right? All entrepreneurs make mistakes. Some are larger than others. Some will hurt your business more than others. Marketing mistakes are among the larger mistakes businesses can make. The worst thing about marketing mistakes is that most entrepreneurs are unaware of them. To avoid marketing mistakes, we have listed...
Read More »
Once upon a time, there was a dreamer who wanted to succeed in business. Starting your own business can be a daunting process. You have the business idea that needs to come to fruition. You have the gumption. You have the drive. But, you have fear too - fear of not succeeding. You have...
Read More »
Mistakes are roadblocks to business success. If you want to succeed in business, you need to avoid mistakes. This is especially true when you are starting a business. You want to avoid making the worst business mistakes, right? More businesses fail than succeed. Businesses fail because entrepreneurs make too many mistakes. Some mistakes...
Read More »
What does it take to build a $25 million business? Rick Day is a serial entrepreneur. For over 25-years Rick has been starting, growing, downsizing, restructuring, and selling his businesses. One of his more recent businesses not only survived the Great Recession, but it grew to over 55 people and over $25 million in...
Read More »
Businesses succeed and fail, but they all start with an idea. But, where does a business idea come from? When entrepreneurs describe how their businesses were conceived, the common thread is “passion.” Their passion for one thing or another leads them to start a business related to that one thing. Seems simple, yet many of...
Read More »
What does it take to come up with great business ideas? There has never been a better time to be an entrepreneur. According to the Small Business Administration (SBA), there were 27.9 million small business in the US. Every business starts with an idea, but most ideas, even great business ideas, never turn into...
Read More »
You’ve decided it’s time to expand your business overseas. Growing your business beyond your domestic market is a big achievement. Too often, companies hastily jump in with both feet. Unfortunately, that doesn’t always end well. International expansion is not a project you think of one day, start the next, and finish within a month....
Read More »
What is a brand? Brand vs. Business Your business or company is the physical/virtual entity that sells your products or services to your customer or clients. On the other hand, your brand is how both your current and potential customers or clients perceive your business. Your brand includes your company’s name, logo, motto, mission statement,...
Read More »
Do you dream of selling your business one day? Just a short time ago, one of the stars of the ABC show Shark Tank, Robert Herjavec, was considering the sale of his international company. Before making his decision, he spent some time talking to one of the other sharks from the show, Mark Cuban and...
Read More »
You want to succeed in business, right? While it’s not ideal to be pessimistic when launching a business, you should be aware of common reasons why some businesses fail. Knowing these flaws will decrease your chances of making the same mistakes. A large percentage of new businesses fail within the first few years....
Read More »
In estate planning, this phrase refers to planning to transfer business ownership and control to the right persons while minimizing the tax cost. The concept usually applies to closely held family-owned businesses. A business is owned by a father whose wife will probably survive him, or both spouses own it in a typical situation. They...
Read More »
