Last week on the blog, I shared part one of my list of the top ten challenges.
Let’s continue with the rest of the list!
Once again, these are my opinions and certainly not the only challenges new business owners face, and the list is in no particular order.
Three big ways this can manifest:
You’ve taken on too much because there’s no one else, or you don’t trust anyone else to do it right.
You’re still working for...
All businesses grow from an idea. Like a seed, they need nurturing, the right conditions, and persistence to blossom.
A lot can happen in the early stages that make us lose sight of the passion that drove us to act on the idea in the first place.
It takes courage to stay the course, and the process can become overwhelming, even exhausting.
Here are my top ten challenges of starting out in business. (Note: this is a 2-part blog with the top five coming next week!)
I’m sure you can...
Do you have a business dream you’ve decided to make a reality?
One of my favorite things about teaching business to my University students, is hearing about their ideas.
It's why my business – my passion – is about helping Canadian entrepreneurs succeed, from building the foundation to growing success years into their business.
As a Certified Professional Bookkeeper, I built a successful bookkeeping firm, so I know exactly what it’s like to...
I say that because everything on this list I learned the hard way during my first year in business.
Not every lesson came hard, mind you; I ran my own bookkeeping business after all, so I came equipped with a lot of the tax know-how.
Nonetheless, when you’re running a business, you’re hard at work everyday.
Often times, we only learn when we encounter a situation that makes us realize we don’t know the thing we need to know.
This list is...
A common dream of many entrepreneurs is one day buying their dream home.
A status symbol for some, it’s the manifestation of years of hard work, determination and success.
Others just want a little corner of the world to call their own.
At last, you feel you’re there.
Off you go to your financial institution about that home loan.
They ask to see the financial records for the last two years, to ensure you’re making money and that you have ongoing...
It’s a lesson that every business owner has to learn.
For some, it comes after the first year in business when the realize they weren’t prepared, or after a few years of struggling to stay afloat.
For others, it’s something they take time to learn early on, and these entrepreneurs have a much higher shot at success.
It’s a little like when your kids go out to play in the yard.
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