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Taking the time to map out a realistic plan for your business before you open will pay off in the long run. Many successful entrepreneurs will agree that solid planning, both short-term and long-term, is the key to business success. The plan you begin to develop now will guide...
Developing a successful marketing strategy requires careful planning based on quality research. Much of that planning can and should happen before your product or service is ready for sale. Your marketing goal is to present your product or service in a way that will motivate as...
At Confound Films’ office, atop Receiver Coffee on Charlottetown’s historic Victoria Row, there is a unique piece of furniture. It’s a coffee table made from the trunk of a 100-year-old maple tree that filmmaker Kyle Simpson remembers playing under in his grandparent’s Walthen...
There are four common types of business ownership. Which structure you choose will depend on key factors; the nature of your business operation, whether you prefer to have full control of your business or want to share management responsibilities, and who you want to be...
Rental Incentive Assistance contributes to rental costs for Prince Edward Island businesses to establish a new business or to expand existing production capabilities. Who is eligible for Rental Incentive Assistance? To be an eligible applicant, a business must be located in Prince Edward Island and: be registered to conduct business and actively operating on Prince Edward Island; manufactures, processes, or develops goods or services primarily for export; operates within one of these strategic sectors: bioscience aerospace and defence advanced manufacturing and processing renewable energy and...
The availability of stable, high‑speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund provides financial assistance to local Prince Edward Island...
Overview The availability of stable, high-speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund (PEIBF) provides financial assistance to local Prince Edward Island internet service providers (ISPs) for the installation of infrastructure for enhanced broadband services. Through this program, partnerships and collaboration are encouraged and support is provided for increased service levels, improved access and consumer choice for connectivity. The PEIBF...
The importance of proper planning cannot be over-emphasized. Planning should include the preparation of a business plan which encompasses management, marketing, production and financing details. See the New Business Check list for assistance.