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10 High Growth Business Ideas

To whet your entrepreneurial appetite, we scanned trends in society, our economy, technology and government regulations and came up with 10 businesses expected to grow in the next 10 years.

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Getting Started

  • What’s in a Great Business Name?
    • Congratulations! You’ve decided that your small business idea will make a great small business. You’ve done some research and you’re ready to hang your shingle and become an entrepreneur. So – what will you call your business?
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  • 10 High-Growth Business Ideas
    • Most small businesses start with a great idea. However, we know that sometimes a great small business idea can be coaxed out with a bit of help. To whet your entrepreneurial appetite, we scanned trends in society, our economy, technology and government trends and came up with a list of businesses expected to grow in the next 10 years. Your next great small business idea could be in this list!
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  • Jumping Off the Deep End: What Would-be Entrepreneurs Must Know
    • Starting a business of your own can be like jumping out of a plane without knowing how to open the parachute.
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  • Managing Your Family Business
    • Approximately 80% of all Canada’s businesses are family-owned. Not only that – family-owned businesses are responsible for 50% to 70% of our gross domestic product each year. Many of Canada’s largest and most well known businesses are family-owned, such as Bombardier, Molson Breweries and McCain Foods Limited. What’s the secret to a family business’ success?
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Marketing Wizardry

  • Defining Your Brand Pillars
    • Defining your small business’ brand is a critical component of marketing. When planning your small business’ marketing strategy, identify your brand pillars very early in the process.
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  • Creating a Strong Value Proposition
    • As a small business owner, you’re going to spend a considerable amount of time telling potential customers why they should do business with you. They’ll want to know what you can do for them that others can’t – and how.
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Managing People

  • Five Tips on Hiring Your First Employee
    • Whether hiring employees took you by surprise or was part of your business plan all along, it’s not a task to take lightly. Your very first employee must fill a position that is necessary, well-planned and even fulfilling.
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  • Be a Great Leader in Your Small Business
    • Your business is booming and, almost without noticing it, you’ve found yourself the manager of a small team of employees. Small business leadership is similar to any other kind of leadership – you must make the high-level decision, inspire employees to be their best and keep a cool head.
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  • Inspiring Your Employees in Productivity and Creativity
    • You’ve committed yourself to being a great manager of your small business. You want your team to love coming to work and you want them to be productive, creative and happy. Here are four ways you can inspire productivity and creativity in your small business.
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  • Planting a Seed That Will Grow
    • What happens when the small business seed planted begins to grow? According to Dick Robinson, President of The Robinson Consulting Group, an HR consultancy, you need to be prepared on how to find and retain the best fit to fill the new positions made available.
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Accounting and Taxes

  • The Tax Side of Buying and Selling a Business
    • When you are looking into buying or selling a business, there are really only two options — to buy/sell the assets of the business or to buy/sell the shares of the company that runs the business. The first is known as an asset sale; the second is a share sale. There are tax advantages to both.
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  • Claiming Home Office Expenses
    • If you are an employee and are required by your employer to maintain and use part of your home as your principle place of business, you may be eligible to deduct home office expenses from your income.
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