When you want to receive protection as a Newfoundland & Labrador business owner by separating your business finances and liability from your personal finances and liability, incorporating your business is one of the best options.Going through the extra work to incorporate a business may not be the right choice for every business, but it’s worth…
Newfoundland & Labrador is well known for its mining and petroleum industries. For entrepreneurs here, though, those aren’t the only successful potential business opportunities.Agriculture, tourism, fishery, and forestry are also key industries in Newfoundland & Labrador. Understanding both the traditionally successful and emerging industries can be a key component to developing a successful business venture…
Starting a business is no small undertaking. However, the potential rewards are off the charts. Few things in your professional life are as rewarding as developing a business idea and seeing it come to fruition (and never having to listen to your boss again). Nova Scotia has a growing economy and workforce, with a government…
Although some people may think of Prince Edward Island as being primarily rural, it remains a great environment in which to start a business. PEI’s economy traditionally relies on fishery, agriculture, and tourism. However, new entrepreneurs here don’t have to stick to those industries to have a chance at success. Growing industries and segments of…
In Newfoundland and Labrador, business ownership is an important part of the economy. And small businesses constitute the majority of business ownership in this province. Of the 15,200 small businesses in Newfoundland and Labrador in December 2021, more than 13,400 of them employed fewer than 20 people. More than 8,200 small businesses employed fewer than…
