Get help, advice and information on all your Business issues. http://advice-and.info/Business/budget.htm Mon, 04 Aug 2008 15:35:27 GMT en "If you think you have to have a multi-million- or multi-thousand-dollar marketing budget to draw in customers, think again. Yes, you do have to spend some money marketing is an investment. You just need to make smart marketing decisions and make the most of your marketing budget, whatever it may be. Here are seven ideas on how to broaden your marketing budget and boost your bottom line: http://advice-and.info/Business/86471_Stretch_Your_Marketing_Budget.html Wed, 14 May 2008 19:59:45 GMT The myth that nine out of ten small businesses close in their first year may or may not be completely true. According to more recent Dun and Bradstreet data, 76 percent of new companies were still in business after two years. But since these statistics are based solely on the number of business license applications forfeited, they may not be entirely accurate. Many business owners dont immediately contact their licensing office; some never do. Studies show businesses that do survive longer had more cash up front to invest. Other survival factors include the owners age, higher education, and previous experience in their field. The number one cause of small business failure is lack of planning, and the most common mistake in planning falls with making poor financial choices right from the start. http://advice-and.info/Business/85321_How_To_Budget_Your_Business_Start-up_To_Avoid_Painful_Failure.html Tue, 22 Apr 2008 19:12:49 GMT One of the biggest advantages of owning a Canadian company that specializes in furthering knowledge in your field is that you probably qualify for the scientific research and experimental development tax incentive program. Obviously, any country stands to gain if a specific invention, breakthrough, or improvement is developed there; not only will it gain face internationally, but the process will probably pay dividends in terms of attracting like minded individuals and the further development of business. It is therefore in the best interests of the country to encourage this type of development among their businesses. The Canadian federal government in the 1980s first acknowledged this fact, and today it is the countrys largest government program in support of industrial research and development. Every year the program receives over 11,000 claims totalling around 2 billion dollars. http://advice-and.info/Business/85106_Federal_Budget_2008_-_Changes_To_The_Research_And_Development_Tax_Credit.html Fri, 18 Apr 2008 12:39:14 GMT Just over 32 percent of new business owners needed less than 5,000 to start or acquire their business. Amazingly enough, 25 percent of business owners needed no dollar amount to start up. The following is just a small list of some ways to start your new business with little or no money. 1.Work from home Starting a home business is easier and much less expensive than renting commercial space. Most small business does not require a special location. Benefits to home businesses include flexibility in hours, less travel expense, no rent, great in-home tax advantages, and being able to comfortably work in your PJs. If you can start your new business from home, do it; there will be enough expenses without the added cost of commercial rental space. http://advice-and.info/Business/85038_5_Best_Ways_To_Start_A_New_Business_On_A_Shoestring_Budget.html Thu, 17 Apr 2008 12:36:34 GMT