Small business in canada
•Download as PPT, PDF•
4 likes•508 views
Starting a small business in Canada. Presented by Accounting Troubleshooters of Canada.
![Do you know that….. ,[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
Recommended
More Related Content
Similar to Small business in canada
Similar to Small business in canada (20)
Recently uploaded
Recently uploaded (20)
Small business in canada
- 1. Doing Business in Canada Trends and Prospects Presented by Accounting Troubleshooters Network
- 14. Origin of new immigrants 9% Miscellaneous 11% Africa 11% Mexico/Carribean 16% Europe 2.5% Iran 3% Korea 5% Pakistan 7% Philippines 12% India 14% China
- 18. Frozen Filipino foods-USDA inspected Pronto Foods- Chicago
Editor's Notes
- The kinds of small businesses that are being formed is affected greatly by external factors such as: Increased immigration (real estate businesses, durable goods such as furniture, car, musical instruments, ethnic magazines, ethnic foods) – bubble tea, indian restaurants. Aging demographics – home care businesses, senior homes, tourism Increased internet use and connectiviity – computer services, online businesses, web businesses Globalization -
- Opportunities can come at any time. For example, a business is for sale because the owner is ill, retiring or died prematurely. Accountants have access to opportunities presented by clients either in the purchase of a business or in a partnership. Some people find themselves underemployed and therefore created an opportunity for themselves to do what they do best.
- If a big investment in fixed assets is required. Undercapitalization may be a problem. If the product or service is too general, the market may be too crowded. Is the business equipped to provide the product or service quickly. If not customers might just go away. Is the cost structure of the business preventing the small business to maintain a sufficient level of profitability. (For example, a business may be profitable when operated out of home, but not in a commercial location)