Adventures in small business ownership

My husband and I are giving business ownership a try. No, we’re not giving up our day jobs — this initiative is “in addition to,” not “in place of.” And no, I’m not going to tell you what the business is or what we’ll be doing (other than to say it’s home-based and involves a partnership with a larger organization). …Continue Reading

Chatterbox

Chatterbox

In recognition of this issue’s salute to small business, Atlantic Business Magazine asked our Facebook Fans for their thoughts on entrepreneurship, business management and economies of scale. Here’s what they had to say: What advice would you give people who dream of having their own business? You don’t own a business, the business will own you. So be prepared to …Continue Reading

Little Giants

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They may be small, but they deliver huge results. Yes, small businesses are the power liftersof the Canadian economy. Be honest. You don’t take your neighbour’s home-based accounting business seriously, do you? You probably figure that if he was really any good, he would have found a job with a big name firm. You don’t fully trust that four-person law …Continue Reading

The rise of Generation Plus

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Though their pools of wisdom may be shallow, their reservoirs of derring-do are as deep as an ocean trench. They are the next generation of Atlantic Canadian entrepreneurs – those men and women age 20 and younger who never met a challenge they couldn’t embrace, a computer they couldn’t master or a dream they couldn’t live. It was someone very …Continue Reading

Top Ten Reasons Why Your Business Will Probably Fail

Top Ten Reasons Why Your Business Will Probably Fail

Year One: You and four other entrepreneurs start your own businesses.   Year Five: Only one of you is still in business. The other four have tried and failed. (They most probably are working in someone else’s business now.)    Expressed as a percentage, less than 20% of businesses in North America survive past five years. Why is this? Are we perpetuating …Continue Reading