Articles
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Business Plan Essentials
The time it takes to plan for the future is time well spent at any stage in the life of your business. A business plan is a blueprint for the future of your business.
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Long-Term Goals: Succession Planning
Sooner or later, every entrepreneur must consider long term business goals: this includes the question of transferring business ownership.
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Personal Strengths and Weaknesses
Studies conducted by BMO Bank of Montreal Institute for Small Business have identified six critical abilities contributing to the success of small business in Canada.
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Setting up a Business Account
There are many different types of business accounts:
- some offer interest on daily closing balances
- some operate like savings accounts and do not offer cheque return
- some are "Plans" with bundles of services for set monthly fees.
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Sources of Capital
Businesses receive capital from a wide range of sources, banks being only one of them. After looking at your financing proposal, your banker may suggest alternate sources of capital.
