Things To Consider When Buying A Franchise

July 26, 2010

Franchises are attractive to the first time business owner. They are sort of like one of those home theatres in a box. The business owner doesn’t have to pick individual components and make sure they work together. The franchisor has already determined all of that. The franchisee has to take the training, follow the instructions [...]

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How to Pick a Banker

July 21, 2010

Picking the right banker to deal with can make all the difference when it comes to get financing for your business. You might think that picking the right bank is the most important thing, and while it’s important, picking the right individual to deal with is equally important. The first thing I would look for [...]

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My Hunt for a New Car Part 2: The Purchase

July 19, 2010

On Friday, I bought a 2004 Nissan Maxima off a dealer lot.  It’s a nice looking car that filled my requirements – price, space, perceived reliability and safety.  While this is all fine and good, it doesn’t make for an interesting blog.  How the deal was made makes for a much more interesting story. On [...]

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My Hunt For a New Car

July 15, 2010

Two weeks ago, my car was flooded in a flash rainstorm. It’s a 1998 Honda Accord with 280,000 km on it and I bought it new. That car is by far the best I ever owned and I was pretty sad to see it go. It was as inexpensive and reliable as it gets. Here’s [...]

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Is The iPad Useful For Business?

July 12, 2010

I’ve had an iPad for over a month now and I thought it would be helpful to relay my experience with it so that other business people can judge whether it would be useful in their workday. I tend to be an early adopter of technology and all things Apple, so I ordered the 64GB [...]

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How to Win When the Game Isn’t Fair

July 7, 2010

Imagine yourself a major league general manager. Now consider this: your top three players from last year have left the team for free agency because you cannot afford to match competing offers. Your owner wants to run the team like a business and set the payroll at $40 million (the three free agents that left [...]

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What Is A Business Plan?

July 5, 2010

If you’re thinking of starting your own business, you might be doing some research online. Whether it’s in blogs like this one, forums or question and answer sites, they will all tell you to write a business plan. Unfortunately, that doesn’t do you much good if you don’t know what a business plan is. The [...]

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Cash Management Services

June 30, 2010

This post discusses an assortment of banking services that fall into a category loosely labeled “Cash Management”. These services are lessor known banking services that make it easier to make and receive payments. Merchant terminals that take debit and credit cards are a must for many businesses. These terminals must be qualified for, much like [...]

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Seth Godin’s Linchpin: a review

June 28, 2010

Have you read Seth Godin’s Linchpin yet? If not, you owe it to yourself to pick up a copy. In fact, this is the best business book I have ever read. It gets to the core of why some are failing and some are thriving. It gets to deeper meaning, like how to get more [...]

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Understanding Equipment Financing

June 23, 2010

Equipment loans are used for financing a wide variety of equipment such as agricultural equipment, construction equipment, and even equipment working in a factory. This post will discuss equipment loans that fall outside of the Canadian Agricultural Loans Act (CALA) program or the Canada Small Business Financing Act (CSBFA). Equipment loans have regular instalment payments [...]

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