If you are in business, you should keep good financial records. It just makes sense, but so many small businesses neglect this tedious and somewhat time-consuming task. Careful records take …
Restaurant Opportunities!
The franchises are pretty expensive, with the franchise fees alone often amounting to over $1 million. After that, you have to acquire the site, furnish the restaurant and pay regular …
Deposit Forfeited in Full Notwithstanding Sustantially More than Actual Losses
Another case for the Ontario Court of Appeal to consider respecting the deposit forfeiture in a contract. The Court concluded that even though there were two additional plaintiffs who suffered …
Beware of Environmental Liability
Recently a restaurant proprietor wanted to determine his liability for payment of a tax bill to the City. Two previous tenants had operated restaurants out of the premises. So, here’s …
Proliferation of Litigation ~ Always Somebody to Sue!
Owner of a commercial plaza hires a contractor who engages a plumber who gets his lines crossed. Several years later after the Owner has sold the property and a second …
Real Estate for Entrepreneurs
One of the best opportunities for investment is owning your own building. This is a great advantage for small business entrepreneurs. If you have a location for your business that …
Ingredients For a Successful Business
“The Nine F’s” Just about everyone looking to start a business is looking for the ingredients for success, so I thought that I would provide some to you. Here are …
10 Steps to Successful Advertising
1 Graphics Presentation One of the first items you will require is a business card. Have it graphically designed with your company logo and your website address. Use this new …
10 Steps to Starting a Successful Business
1 People You need good people. You can’t do it all yourself, so you better find them now. Possibly, you will have a business partner who can share some of …
10 Steps to Successful Business Financing
1 Right Lender You will have to find the right lender for your business. This might be yourself, family, friends, business partners, former owners or institutional lenders. Remember that you …