Canada Small Business NEws Round-up – 2009/05/12

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Canada:

  • Venture capital breakdown: Canada’s challenged system forcing entrepreneurs to turn to the U.S. for cash
  • Capital Cost Allowance: A definition of Capital Cost Allowance and an explanation of how Capital Cost Allowance relates to income tax deductions for Canadian small business owners.
  • Part-time Business: The best time to start being self-employed is when you’re already employed. You’ll only be able to work at or in your business part-time, but you’ll have these three big advantages that will smooth your business start up and give your new business a better chance of success.
  • Private Lender: Where can entrepreneurs go when the bank says, “No”? One small business financing alternative is the private lender. This interview with one private lender tells what private lenders look for before investing and one way to find one.
  • Home Business Tax Deductions: One of the advantages of running a home based business is that there are additional income tax deductions that you can claim. How many of these home based business deductions apply to your Canadian home based business?
  • Think Like an Entrepreneur:In my “What motivated you to take the plunge and devote yourself to your own business full-time?” poll, the answer “losing my full-time/part-time job” is the runaway winner (if you…
  • Turning Failure Into Success: Failure isn’t something to be avoided; it’s a stepping stone on the path to success. Richard Fenton presents five strategies for turning failure into success and explains why you need to change from a success model to a failure model.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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