Starting a business is hard. Here's 5 things to know before getting started.
As a business owner, there can be quite a bit of red tape and paperwork to churn through. We've created a list of important programs and licenses that a BC business owner should consider registering for.
When we were naming our first child, I remember waking up in the night with a start. "We can't name her that!" I said to my wife. We were about to name our child Penelope Nicole and at that moment I realized she would be "Penny Nickle". Take that first-born child!
Here are a couple ways to incorporate your business, both with advantages and disadvantages. Read on to learn how to get’r done.
What is the perfect business? For me, it’s an entity that provides its owners with time, money and purpose. It’s a business that has processes in place to allow the owners to work at their highest and best level for portions of the week that are sub-superhuman. It knows its work so well that problems are anticipated and dealt with before they become catastrophes. It provides its workers and its owners with a higher purpose - making the world a better place in large or small ways.
No doubt there's a lot that goes into growing a successful company. You build a great product or service that people love. You have an awesome team and culture. You have processes to deliver consistent results. But one of the most important and often overlooked elements to growing a successful business is having someone to keep you accountable to your goals.
A compass can increase your productivity gains immensely. Joe explains what a compass is and why it’s the first step to being uber-productive.
Starting a business is no small feat, so we don’t treat it like one. It takes courage to take your caffeine-fuelled light-bulb idea and turn it into a legitimate business. It’s exciting and scary because you’re investing all your time and energy into a concept, without the assurance it’s going to be successful. Increase your chances of success by avoiding these pitfalls.
A valuable business is a bit of a Catch-22. If a business is truly valuable, it’s unlikely you will want to sell it. Unfortunately, there are a lot of owners that want to sell the business that they have worked so hard to build, only to find out that no one is buying what they are selling.
Building a thriving business means more than just making money (although that’s a big part of it). Here are the other factors that make for a thriving business and some steps to bring you closer to a business that works for you.