Canada is one of the fastest growing economies in the world. With its accommodating and liberal policies, there are plenty of opportunities here.
The biggest advantage of being one of the small business owners in Canada is that there are various resources that can help you grow in any direction you envision! Here are 15 of the best resources that a small business in Canada can make use of in order to grow:
Business Development Bank of Canada
Keeping abreast of all the latest happenings in your area of work is one of the most crucial factors for a small business to flourish. The Business Development Bank of Canada does exactly that for you. You can learn a lot from this particular website about topics like:
- Technologies that you should be investing in.
- How to recruit the right employees
- How to improve official efficiency
- How to go about defining your business strategy.
- It is definitely one of the most helpful tools out there for Canadian small businesses.
Toronto is one of the most financially viable locations for small business owners in Canada. If you have a dependable plan and are looking to grow in this particular region, then Enterprise Toronto is sure to provide you with the right resources and connect you with them for free.
Whenever you need to find some expert small business management and marketing advice, then the 300-word articles from MarcGordon.ca are a good place to find it. The crux of the article revolves around five extremely effective and practical tips in the areas of marketing, customer service as well as sales. The section is referred to as Marc Gordon’s High 5 for Business Articles and is an extremely useful resource in terms of advice.
As the internet expands and the world grows smaller, social media is becoming one of the easiest tools for marketing and to reach the target consumer base. Rebecca Coleman helps you do the same by offering you the best social media advice that you require. You can use the same to create a social media presence for yourself.
Chamber of Commerce
The Canadian Chamber of Commerce, offer highly beneficial resources for its members. You can learn various free resources and adapt to them complying with your business. Another advantage of being associated with these highly acclaimed trade organizations is that they help you stay updated with the upgrades in policies.
There are plenty of events organized by the CAWEE (Canadian Association of Women Executives and Entrepreneurs) for the welfare of women entrepreneurs in Canada. Apart from helping women who are small business owners, the CAWEE also offers you a strong network of resources which can help your business grow tremendously. The relations and connections built whilst being a part of the CAWEE have helped various female Canadian small business owners grow and strengthen their business.
Canadian Federation of Independent Businesses (CFIB)
While the big cities have plenty of resources to tap, the less urban areas might pose a challenge for small business owners in Canada. However, the Canadian Federation of Independent Businesses helps people all across the country to use the best of resources and grow their ventures.
Canada Revenue Agency
Whether you are a bootstrapped startup or a growing venture, it is crucial to have somebody supervise your expenditures, revenues, and taxes. Each penny holds a lot of importance when you are just starting out. Canada Revenue Agency is one such resource provider. It helps businesses grow and develop while keeping up with the changing laws in the financial world.
As the number of entrepreneurs grows and the topics of impact increase, it becomes important to know about them. There are plenty of portals and websites that give you expert advice on changing trends in the market, but the community blog of Start-up Canada is particularly helpful. As a small business owner, there are plenty of experiences that you can draw on and use, by referring to their blog.
QuickBooks Small Business Centre
When you start out, procuring the right management, accounting and financial software can be challenging. QuickBooks Small Business Centre specializes in guiding you with the right resources and is available in the form of a free website which you can refer to.
With volatile economies, it is imperative that you stay updated on how to deal with constant changes in your areas of business. CanadianBusiness.com helps small business owners in Canada keep tabs on all changes and also gives them tips on how to deal with the same.
Canadian Association of Family Enterprise
The CAFE boasts of 1000 business family members and has 14 chapters across the country. If you aim at expanding your small venture with the addition of your family members, then this is a trusted organization to help you do the needful.
U of T
Sometimes business owners do not get the chance to complete formal education and miss out on important aspects of it. Rotman School of Management in Toronto has introduced a varied list of open enrollment programs pertaining to small businesses. You can enroll for one and learn all tricks of the trade formally.
If you have a business idea but don’t know how to go about turning it into a business, Futurpreneur Canada is your best bet. They offer pre-launch coaching to budding entrepreneurs and mentor ship programs to help young entrepreneurs navigate the rocky beginnings of a business. They also provide a variety of online tips and tools to help people accomplish tasks like managing cash flow or writing business plans easily. They have partnered with the Business Development Bank of Canada and can finance businesses too.
As a small business owner of a co-operative setup, you may want to consult experts who have dealt with this field. CoopZone does just the same and advises you about all of the formalities that are needed for your co-operative to expand.
These resources will help you grow your business in a short period at almost no costs, apart from the time you invest. We know small businesses take a lot of hard work, but there is help for you if you start looking. We hope you flourish!