The areas where you are outperforming your competitors are known as your competitive advantages. Your business development strategies are designed to help you attract and retain more customers to ensure your ongoing success streak.

Conversely speaking, the areas where you are being outperformed by your competitors are known as your business vulnerabilities. If you continue to be outperformed, your business can fail to attract and retain enough customers.

The second year for small businesses in Ontario marks a critical juncture for entrepreneurs. The initial thrill wears off and the realities of business operations become apparent. Regrettably, approximately 20% of small businesses fail to surpass this crucial phase. However, by taking the time to comprehend common challenges faced by small businesses, and by implementing strategies to address them, you can markedly improve your odds of success.

Building a Successful Small Business in Ontario – Year 1 Owning a business is great. Keeping it running every day is greater and building one from scratch to the time that you have developed a team, and a loyal customer base, is the greatest. It is also a bit difficult to be honest. But persevering […]

The Framework of Canadian Small Business Set Up Here’s how you can set up your Canadian small business for success, from the get-go. Actionable Checklist to Start Small Business in Canada If you’re an entrepreneur based in Canada, all set to launch your own small business, one of the crucial aspects you will need to […]

Understanding Small Business Tax Planning in Canada The Significance of Tax Planning Let’s start with the basics. Taxes can be one of the most substantial expenses your business faces, and effective tax planning can significantly impact your bottom line. By minimizing your tax liability, you can increase your profitability and reinvest in your business. More […]