By far the most common question we find entrepreneurs asking is: “What financing options are out there to start or grow a small business?”. Although there are many traditional ways to finance a business, like through personal savings, family and friends, loans from financial institutions, and speciality financing programs, sometimes these may not be enough (or available at all) to get a new venture off the ground. That’s when you need to harness your creative energy and start thinking outside the box!
Posts By David Bayda
If you are starting a business, there are TONS of things you need to think about—everything from getting your business license to setting up a bank account to creating a website. But one area people often neglect relates to Intellectual Property (or IP for short). IP is broadly defined as being any “creations of the mind,” or the set of legal rights individuals or entities attain through intellect in the development of concepts, inventions, and creations. These may be ingenious new inventions, a unique logo, or a creative design.
Crowdfunding can be a great low-risk way for startups to get financial support for their business ideas. As I recently ran my own crowdfunding campaign, I learned a few things along the way that might assist other entrepreneurs. Here are a few tips that can help make your crowdfunding campaign a success!
Happy 2017! This 2017, Canada will be celebrating its 150th anniversary since Confederation. With this theme in mind, we wanted to gift you 150 business startup ideas to help inspire you and get you thinking outside the box.
Finding and securing financing is an important part of starting any small business. You need money to be able to start, operate, and eventually grow your operations. But when it comes to small business grants, there are a lot of misconceptions and even inaccurate information out there. There really isn’t any free money, but there are specific programs or incentives that may be able to assist very select types of businesses. Get your notebooks out, we’re giving you some handy grant tips!