entrepreneurship tips canada

Understanding the break-even concept is critical for entrepreneurs

August 21, 2024 admin break-even point, business plan, entrepreneur, entrepreneur tips, entrepreneurship tips canada, money & business, money and finances, profitability, small business

Credit to Author: Shalini Dharna| Date: Wed, 21 Aug 2024 13:10:04 +0000

Starting a business can be an exhilarating adventure, filled with hope, creativity, and the promise of success. However, it also comes with its own set of challenges and uncertainties and for most entrepreneurs a common area of anxiety is finances.

The post Understanding the break-even concept is critical for entrepreneurs first appeared on Canadian Immigrant.

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The importance of a mid-year review for entrepreneurs

July 2, 2024 admin business plan, entrepreneur, entrepreneurship tips canada, mid-year review, money & business, Performance, project management, small business

Credit to Author: Shalini Dharna| Date: Tue, 02 Jul 2024 14:52:29 +0000

A mid-year check-in serves as the perfect opportunity for entrepreneurs to reflect on your achievements, realign your priorities, and make adjustments for the remainder of the year. This practice not only helps you stay on course but also allows for course correction and improved focus.

The post The importance of a mid-year review for entrepreneurs first appeared on Canadian Immigrant.

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Entrepreneurs, your bank balance doesn’t reflect your success

December 4, 2023 admin business success, cashflow, entrepreneurial immigrants, entrepreneurial mindset, entrepreneurship tips canada, finance tips, money & business, profitability, small business

Credit to Author: Shalini Dharna| Date: Tue, 05 Dec 2023 01:03:53 +0000

Having a negative bank balance doesn’t necessarily mean you don’t have a profitable successful business. It does, however, mean you have a cash flow problem.

The post Entrepreneurs, your bank balance doesn’t reflect your success first appeared on Canadian Immigrant.

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Balancing personal and business finances as an entrepreneur

March 21, 2023 admin entrepreneur tips, entrepreneurship tips canada, money & business, small business

Credit to Author: Shalini Dharna| Date: Tue, 21 Mar 2023 15:39:05 +0000

When you are employed, financial life seems so much easier. You know when you’re getting paid, and how much, and everything goes towards your personal expenses. But all this changes when you become an entrepreneur.

The post Balancing personal and business finances as an entrepreneur first appeared on Canadian Immigrant.