Showing Tag: "financing" (Show all posts)

8 Things To Do to Help Maximize the Value of Your Business

Posted by Rudy Fischer on Thursday, October 20, 2011, In : Business Practice 
Karen Fischer

It is estimated that approximately 60% of the small businesses in Canada today are owned by baby-boomers. Over the next 15 years these business will need to be transitioned to ownership. Estimates are that only 10 to 15% will be transferred successfully. The other 85 to 90% will die and leave room for new market entrants. These are not good odds if you are thinking that your current small business is material in funding your retirement.

Whether you are transferring, selling, ad...


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Why Are Investors Not Interested in My Business?

Posted by Karen Fischer on Monday, October 17, 2011, In : Business Practice 
Karen Fischer  
 I had the pleasure of attending the MoneyChase which was put on by ventureLAB in Markham a couple weeks back. There were eighteen presenters who presented to an audience of Angel Investors.  Since I am a huge fan of the Dragon’s Den, this was like a mini-version but up front and personal.


Since one of our services is working with small business and introducing investors, it was a great exercise to listen to the presentations and try to figure out myself why one company would ...

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Are You Planning to Fail or Failing to Plan?

Posted by Karen Fischer on Wednesday, August 24, 2011, In : Business Practice 
Karen Fischer

I recently saw a statement on a question/answer board from a consultant outlining why so many start-up businesses fail and have to admit I was not surprised by what was said.   An example given was an internet business that failed because they did not have the funding to support the pull marketing that is required for the business. What was listed was the symptom of why the business failed, but not the reason of actually why.  Another example was a technology company that the â€...

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The Difference in a Financial Plan and a Business Plan

Posted by Karen Fischer on Thursday, June 16, 2011, In : Business Practice 
Karen Fischer

Be sure when you engage someone to write your business plan that you are going to receive a full business plan and not just a financial plan.   A financial plan is key to the overall business plan but is not something that can really be done accurately until you have done due diligence on your overall business plan which includes:  market analysis, company direction and history, have an understanding of your products/services, product strategy, pricing strategy, promotional stra...


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How Did Your Free Business Plan Template Work in Obtaining Financing?

Posted by Karen Fischer on Thursday, June 16, 2011, In : Business Practice 
Karen Fischer

There is so much more to a business plan than the right template or format.  A template is nothing more than an outline but together by those who understand what is needed in a business plan and they provide the headings and few sentences on each section.  It is actually the content itself that is most important along with understanding what the bank, grant provider, or investor is looking for in a business plan.  Many entrepreneurs are able to articulate the overall premise of ...


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Our business focus is on providing small business content and advice to small businesses in the Canadian market.  Our only focus is on Canadian small businesses or businesses outside of Canada who want to do business and provide new jobs to Canadians, but welcome visitors from outside of Canada in hopes that the advice we provide can help them as well.

Visit us often, or subscribe to our small business blog, as we will continue providing small business advice, small business tips , and techniques on topics of interest for your small business, whether you are a start-up or a mature small business.  We would also be interested in hearing from you on small business topics of interest, or hearing questions that you might have in areas of your business.


 

 


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