100 Essential Small Business Skills

Choosing the Right Small Business Path for You

There are many different kinds of small businesses out there – which one is right for you? We’ll review the different paths to business ownership, from buying an existing business to franchising to running a family-owned business to licensing your idea to someone else. 

Lesson Instructor: Rivers Corbett

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Lesson 1

Should I Buy an Existing Business?

In 2010, over 2.5 million businesses were bought and sold in North America. Learn about how to buy an existing business: where to find them, what to look for, costs, negotiation and paperwork.

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Lesson 2

Should I Buy a Franchise?

Get all the information you need about buying a franchise: The benefits and disadvantages of buying a franchise, the ways they can be bought, different levels of investment, where to get a franchise and all the documents you might encounter.

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Lesson 3

Should I Build a Family Business?

Family businesses make up 80% of all small businesses in Canada. Find out the three ways to get involved in a family business, success stories and how to keep both the business and the family happy.

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