Blog

Two Experts: Structuring Your Small Business

Category: Accounting Legal issues

Do you ever wish your two best friends were a lawyer and an accountant so you could get free advice for your small business? We can help you with a lot of things at Business Link, but we're not magic. Or are we? Through the magic of relationships, we've asked two of our expert volunteers, Crystal Lucier, an accountant, and Jordan Mertz, a lawyer, to answer some of the most pressing questions we get about structuring your business in Alberta.

The Birth of Your Baby: A Look at Your Corporation’s Paperwork

Category: Business planning Legal issues Startup

Classes of shares? Maximum number of shares? Directors? Many a Business Link client has called expressing frustration in trying to set up their own corporation. And while we strongly recommend you utilize the services of a lawyer to fill out this important documentation, that shouldn’t stop us from giving you a little background into the form and what you should be considering for the birth of your corporation.

Shared Spaces: Entrepreneurs Helping Entrepreneurs

Category: Success stories

Many of our success stories showcase entrepreneurs who have brought a service or product to market successfully. Today, we’re sharing the story of two entrepreneurs who wanted to give back to their community and provide space for business owners to share their arts, home-based, online, and startup business ideas.  But, if you’re a startup nerd like me, even more important than their success is the way they got their start.

Easy Social Media Analytics Tips for Small Business

Category: Operations Social media marketing

Once you've got a solid grasp on using social media to share your products, services, and experiences and to connect with your customers, you'll start thinking about what's next. What would be next in your entrepreneurial journey? Getting better, of course! This infographic has tips for accessing and using analytics on top social media platforms. All you need to do is get your toes wet to improve your social media marketing, even if numbers aren't exactly your thing!

B2B to follow P2P in Sharing Economy

Category: Entrepreneurship Innovation

Peer-to-Peer Sharing
The fast-growing economy of monetizing unused or underused assets goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy,” and the “collaborative economy.” Whether sharing goods as in Uber, renting homes as in Airbnb, or serving up micro-skills as in TaskRabbit, consumers are using technology to find and buy one another’s extra resources.  These companies are peer-to-peer marketplaces focused on C2C or B2C sharing.

Negotiating the Best Lease and Location for Your Business

Category: Operations

What is one of the most important issues when opening (or relocating) a business? Proper site selection. Site selection is so important, in fact, that we have given the topic a full chapter in our book, Negotiating Commercial Leases & Renewals FOR DUMMIES. Proper site selection includes a number of criteria: your business location, the monthly rent, available parking, signage, visibility, the location within the location (you may be in a busy shopping mall; however, your business may be located at the end of a quiet corridor), and so on.

When Losing Leads to Success: Dunnebells

Category: Success stories

Lucy Dunne noticed a gap in an oversaturated market after losing weight and realising that her journey was largely unsupported. After the incredible journey of losing and maintaining 80 pounds of weight loss, Lucy launched Dunnebells in April 2017. Dunnebells is an online personal training company with a social mandate that helps clients to lose weight, build muscle, develop healthy habits, and truly become the best version of themselves.

Challenges and Changes in Retail Space

Category: Business planning Entrepreneurship In the community

If you’ve ever been to the Business Link office in downtown Edmonton, you know it can be hard to find. Not because it’s hidden, but because it has a Bermuda Triangle-like quality about it. But, if you’ve been in our neighbourhood this summer, you might have noticed a business that actually did pop up then disappear.

What does it mean when we say "trusted advisor"?

Category: Business planning Operations

Oxford Dictionaries respectively defines trust as a firm belief in the reliability, truth, or ability of someone or something, and the term advice as guidance or recommendations offered with regard to prudent future action.
According to Strategic Psychology, trust allows us to navigate the uncertain and complex world we live in today.

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