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Top 5 Financial Tips For Canadian Entrepreneurs

Whether you are new to the entrepreneurial game or a seasoned pro, understanding the common pitfalls (and how to avoid them) will put any business plan on the path to success. In the sections below, we’ll share the top five financial tips for Canadian entrepreneurs. Follow these tips and you’ll be well on your way to enjoying better financial health—not just for your business today, but for your own personal finances, too.

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How to Purchase an Existing Business

As entrepreneurship and self-employment continue to rise, more and more people are looking for ways to go into business for themselves. Sometimes this is done via freelancing, entering the gig economy, starting a business, or even purchasing a business. With the proper execution, buying an already existing enterprise can be beneficial; however, without the required steps and precautions, such a purchase can be financially devastating. Thankfully, the following steps will …

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How to Hire the Right Employees

Hiring the right employees is one of the most important factors for any entrepreneur or business owner. Many individuals who are responsible for running an enterprise often find themselves wondering about the best ways to hire the most qualified candidates. Granted, there are some age-old tips: perform background checks on potential prospects, require references, and determine whether or not the candidate will add value to the company. Still, merely following …

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How to Make Money on Instagram

Many individuals dream of earning thousands of dollars each month on Instagram. While this can happen, lucrative Instagram careers generally take time and require interactive, plentiful followers. Strategic marketing, partnerships with brands, offered services, etc are some ways in which people can earn income from the use of their Instagram pages, according to Shopify . Each month, there are 800 million users who use Instagram; each day, there are 500 …

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Financial Advice for Small Business Owners

As the world of work evolves, more and more individuals are deciding to become small business owners. Of course, there are various motivations behind this decision: some people like the idea of owning an enterprise, others may be in search of higher pay and more lucrative, professional opportunities. Nevertheless, regardless of one's reason for starting a small business, it is quite a big step. There are several common and critical …

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Signs That You Should Go Into Business For Yourself

In current times, more and more individuals are choosing to go into business for themselves in one form or another. However, self-employment is not for everyone. Despite the many upsides and benefits that come along with entrepreneurship, going into business for oneself for the wrong reasons can have horrific impacts. Individuals who feel ready to take the plunge into self-employment should first make sure that going into business is their …

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