From employee to entrepreneur: Points to consider St. John's NL

If you're thinking of starting a new business, there are a lot of things you should consider. Here is a list of what and what not to consider.

Business Guide To Government Programs
(709) 754-8433
8 Bindon Pl
St. John's, NL
 
Microtek the Cad Group
(709) 739-1222
St. John's, NL
 
Memorial University of Newfoundland
(709) 737-2625
St. John's, NL
 
Pinsent Management Consulting Inc
(709) 738-5300
21 Pippy Pl
St. John's, NL
 
Bdc Business Development Bank of Canada
(709) 772-5505
215 Water St
St. John's, NL
 
Sheppard Barry Consulting
(709) 754-3235
50 Pippy Pl
St. John's, NL
 
Project Management & Design Ltd
(709) 722-8602
53 Bond St
St. John's, NL
 
Anderson Group
(709) 722-5648
Terrace On the Square
St. John's, NL
 
Nlowe (Newfoundland and Labrador Organization of Wom
(709) 368-6697
St. John's, NL
 
Institute For the Advancement of Public Policy
(709) 739-0833
140 Waterford Bridge Rd
St. John's, NL
 

From employee to entrepreneur: Points to consider

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By Stephanie Regan

(NC)-Many Canadians leave the workforce and start a business, whether to fulfill a dream of entrepreneurship, or because of an employment disruption such as lay-off or injury.

Entrepreneurship can be exciting and rewarding. It can also be challenging. It isn't for everyone.

Some points to consider when starting your own business

Many people start a small business in order to enjoy the perceived rewards of freedom and independence. The reality of small-business ownership can be quite different. Many small business owners will tell you they work more hours than when they worked for someone else.

A few questions to consider:

Do you like to make your own decisions?

Do you enjoy competition?

Do you have will power and self-discipline?

Do you plan ahead?

Do you get things done on time?

Can you take advice from others?

Are you adaptable to changing conditions?

Do you have the physical stamina to handle a business?

The Canada-Ontario Business Service Centre (COBSC) provides free government information for small business in Ontario. A full questionnaire on what to consider before starting your own business can be found on-line at www.canadabusiness.ca/ontario.

Specially trained business information officers are available to assist you in English or French when you call the COBSC toll-free (1-888-576-4444 or TTY: 1-800-457-8466) weekdays between 8:30 a.m. and 6 p.m. EST.

You'll also find online The Business Start-Up Info-Guide, to help you navigate the federal and provincial government programs, services and regulations that may apply to individuals starting a business in Ontario. As well, you can access informative and useful fact sheets, such as Legal Issues when Starting a Business, Naming a Business and Buying a Business, plus checklists and questions to help you think about what you need to know before you go into business.

- News Canada