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In the beginning, you may choose to operate your business on your own or with a select number of employees. As your business gets established or begins to grow, you may need to hire additional staff to help you with the tasks of running your business. Character, commitment and...

As you approach the launch of your business you will have more clearly defined business goals and objectives. A good “next step” is to map out an operational plan detailing the daily tasks required to achieve your business goals. Your operational plan will direct the day-to-day...

Your business plan is a put-your-thoughts-down-in-writing approach to bringing your business from an idea to reality. It is a clear description of your business, a written summary of what you hope to accomplish in business and how you intend to organize your resources in order to...

Depending on the type of business you are planning, you may have regulatory control or require a licence or permit to operate. It is your responsibility to understand any regulations related to your business, which licences or permits you need to operate, and when you need to...

Hiring from the PEI labour pool is a cost-effective investment. Islanders are known as dedicated, hard-working, loyal employees. Recent data indicates labour costs in PEI are among the lowest in Canada and more than 60 per cent of the Island workforce has a post-secondary degree...

Starting a new business begins with a good idea or a great opportunity. Starting a successful new business begins with a well developed idea and a solid plan. Any successful entrepreneur will tell you the first step to a successful start - Do your homework! Owning your own...