Tag Archives: owning a small business

Business Style: Family or Corporation?

By Paul Foster

One of the intangible assets of any small business is its culture or style. In developing your own style for your business, there is a big difference between operating it ‘like a family’ or operating like a large ‘corporation’. Continue reading

Employer – Employee Dynamics

By Paul Foster

One management philosophy states that business owners need to have control over their employee, in order to for them to be productive, and the other style says employees will thrive when given the freedom to be productive without supervision. Which one is right? Continue reading

Does IQ Matter in Business?

By Paul Foster

I have just completed reading Successful Intelligence by Dr. Robert Sternberg. He makes a good case for reducing the reliance on tests like SAT scores in order get accepted to a College or University. Continue reading

Easy Refunds or Epic Battle

By Paul Foster

There seems to be two very different schools of thought on how easy it should be for a business to issue a refund, deal with a cancellation or honour a guarantee. Continue reading

Now is the Perfect Time to Keep Your Small Business!

By Paul Foster

More and more regions are waking up to the reality that supporting the existing businesses benefits the community as much trying to attract big new businesses to come to town. These incentives are one reason to keep your small business. Continue reading

Now is the Perfect Time to Start a Small Business

By Paul Foster

Entrepreneurship is not for everyone. However, if you are planning to venture into the business world, you may be waiting for the perfect time. Besides waiting to build sufficient financial strength to properly capitalize your venture, the closest to the perfect time is now! Continue reading

How to be an Entrepreneur

By Paul Foster

So you want to be an entrepreneur? Before we figure out the ‘How’, we need clarity on the ‘Why’. One of the ingredients for entrepreneurial success is knowing the passion for what you do. When you have clarity on your ‘Why’ you can be passionate about ‘How’ you run your business. Continue reading

Differentiation by First Impressions

By Paul Foster

While you might not know if the products or services your business offers are better compared to your competitor, it is easy to know if you are cleaner. So clean often becomes the deciding factor. Above average on cleanliness can translate to above average expectations on price. Continue reading

My Business and Old Technology Retrospective

By Paul Foster

I’ve been working in business for 30 years and counting and so much has changed!
I can’t believe my first day of work in the accounting business was early July, 1981! Continue reading

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