If you do not always want to be a follower, you should buy a business. What are the advantages of owning your own business? (more…)

The first three years of a new business are critical and many of new businesses fail within that period to time.  Why do they fail?  Here is a partial list of reasons:

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In the economic climate, many banks have reached their limit on certain type of financing and many are not willing to take on new customers.  They may tell you that they (more…)

You have decided that you do not want to buy a business, you would rather start your own business.  Before you open the door and start getting new clients, you need to be prepared. (more…)

When you are selling your business you need to determine who will be a potential buyer.  If your business is too small, large companies will not be interested in your business.  If you (more…)

You are planning your retirement and you have no succession plan.  As a result, you need to sell your business.  The question is when do you sell your business?  Are you planning in (more…)

You have decided to purchase a business and are thinking of something that is a new concept, should you buy this or (more…)

You are growing your business and now you need to make decisions.  Whatever business decision you make, it will have a large impact on the business.  Do you want short term or (more…)

Many small business owners strip out the cash out of the business without ever determining if the money is collection of your receivables or actual profit of the business. Many years (more…)

Business banking has changed very significantly especially over the last 12 months.  At one time, if you were a customer of the bank for 35 years, that meant something.  If your bank (more…)