Canadian banks are hopping with applications for small business loans. It would seem that a lot of small businesses are taking a strategic approach to this recession. They are using this time to invest in their businesses for the long-haul. What everyone wants to know is, how much tougher is it to get credit […]
Should Small Professional Practices Have Business Plans? – Q & A
I recently answered a question on LinkedIn about the value of a business plan for small professional practices. I am posting my response here, as I thought it would of interest to Toronto Marketing Blog readers: QUESTION Should the owner of a small professional practice take the time to write up and formalize a business plan? […]
Preparing to Meet with an Investor or a Bank to Generate Financing
The CBC’s new venture capital reality-show Dragon’s Den presents us with the ultimate meeting with an investor. Lessons abound for any start-up business or professional practice seeking to generate financing. Contestants are forewarned to be well prepared to meet with their ‘dragon’ a.k.a. their investor. Sean Wise, the show’s online host, provides them with […]
Business Planning Tips – 10 Common Errors And How to Fix Them
I have had the opportunity to coach lawyers, doctors, architects and other professionals on the business planning process. This exercise has been instructive as to the common errors that professionals make when they write their business plans. Here are the 10 most common business planning errors I have encountered along with suggestions as to how […]
