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What Makes a Great Entrepreneur?

Much is written about the qualities that set a few entrepreneurs apart. Much has been written here, on our own pages about it, but in the end it all comes down to a few important traits that the good ones all seem to share. If you really want to know the secrets of highly successful people read on.
They Have a Plan

They understand the importance of having a plan in place for everything they do. This is probably an unconscious trait, but it is one that sets them apart from so many others. They think things out and come to decisions via a process. That process differs from one to the other, but be sure, great entrepreneurs are process driven.

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What Makes a Bad Leader?

Not everyone can be a leader. Some say leaders are born not made. This may or may not be the case. Wanting to be a leader isn’t enough. It takes a combination of character, guts and an understanding of the skill sets working under you. What we can be sure of is that there are some pretty bad leaders out there in the business world. So what makes a bad leader?

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How to Handle a Tough Customer

Some customers are tough to deal with. This is a fact of life for all businesses. You can’t turn your back on a difficult customer. You have to somehow manage customers who for one reason or another are angry or upset with your business.

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World

Trademark Battle Over Coffee Logo

Creating a trademark in Canada can be a complex process, but it’s well worth the effort to protect your business. This story of a Kingston coffee shop owner and his battle with the Aramark Corp. over similar trademarks is one worth reading if you’re a small business owner.

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Repeat Customer

How to Create Repeat Customers

It’s great for a business to have a stream of new customers, but the real backbone of any business is repeat customers. Repeat customers remove the worry of having to rely on new customers all the time. It’s important to have a plan in place to ensure repeat customers.

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Economic Down-turn

How to Survive an Economic Downturn

Canada and the world have experienced a serious economic downturn since 2008. There are ways to insulate yourself and your business during rough economic times. It really all comes down to ongoing planning. Pull out your business plan to begin to update it based on current realities. Make that plan the road map for your business and share it with all members of your staff.

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Business Growth

Why Businesses Struggle to Grow

Few Canadian businesses show steady growth and there are many reasons why. Companies work on this all the time, managers spend hours trying to devise strategies to grow businesses and yet most fail at it. The main reason for slow growth is stagnation – companies stay the same.

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Business Failure

Why Businesses Fail

Much has been written about the failure rate of start-up businesses. Business failure happens for reasons that can be avoided in many cases. Here is a look at some of the reasons businesses fail.

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IP Protection

Protecting Your Business

Entrepreneurs like to talk about their ideas and often have to present them in different places like banks or to investors. It’s important to be aware that ideas can be stolen or compromised. Protecting your ideas is an essential part of doing business safely. Intellectual property, like written material, or web content is also vulnerable and should be protected.

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Home Office

The Promises and Pitfalls of a Home-Based Business Life

Much as starting a home-based business is an exciting project, it’s a good idea to take a good look at the practical implications before jumping in. Is it really the Shangri-la you think it is?

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Business Structure

What Business Structure is right for you?

Registering your business offers three business structure choices, a sole proprietorship a partnership and a corporation.

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