Far too often small business believe that no negative reviews means all is good, but sometimes they may not know where to look for reviews. Many small business owners believe that not being given any reviews can only mean that your company is doing every right, but they would be wrong. Believing the they have
Attracting and retaining employees can sometimes be difficult for small businesses, especially when they are competing for the same talent pool as large businesses with much deeper pockets. There are some rewards and perks that small businesses can offer that big business can’t, sometimes it is the small personal things that would get lost in
In the words of Benjamin Franklin, “If you fail to plan, you’re planning to fail.” This quote is one that every business student in most colleges here on the first day they attend. In order for mall business owners to plan their successes, they need to know what the five stages of business growth are.
Statistically speaking, small businesses are defined as being companies with under 100 employees. But those numbers are not often broken down by the number of office staff or staff who may work in manufacturing, distribution or other areas of the business. So, where and how do you choose to have your office space? Depending on
This week (October 19 to 25th, 2014) is BDC (Business Development Bank of Canada) Small Business Week. The idea behind this series of events is to celebrate entrepreneurs, as well as Canada’s small and medium-sized enterprises. This is an annual celebration of entrepreneurship that the Business Development Bank of Canada has been organizing for 35
Have you noticed in the past few years that many large North American call centres and IT departments that were outsourced to offshore companies are closing those operations? Yes, many large firms are still using offshore companies to fulfill certain roles and tasks, but deciding to use or not use offshore outsourcing does not always
Recently, I have read a few articles about small business owners making various rants and raves expressing their opinions about the tipping of their staff by customers. This brings up some questions as to why and what the whole tipping process involves. The acronym “TIPS” means “To Insure Prompt Service.” But to most small business
Starting a business is a big achievement for many entrepreneurs – but maintaining one is sometimes an even larger challenge. Some of the challenges faced by small business owners are actually ones that every business has to face, but they can be easily solved. But there are other challenges that are faced continuously by small
One of the best lessons that any college or university business instructor ever told me was to surround myself with experts. Nobody can be an expert at everything. Any business owner who thinks he or she can be an expert in everything in their business is setting themselves up for problems. Sometimes “do-it-yourself” solutions can
Renting office space is considered one of the highest expenses that a small business will incur, so making the right choice and getting the right deal is very important. A small start-up cannot afford to make the wrong choice and sign up for a long-term agreement in the wrong space, with possible “hidden” costs involved.