Startup Delays Become a Blessing
Summary
If it's any consolation to them, [Shelly Busch] and [Nigel Burns] aren't the first entrepreneurs to underestimate how long it would take to get their new venture up and running, according to the executive director of the Canada/Manitoba Business Service Centre (CMBSC).
Shannon Coughlin said it happens all the time, partly because people underestimate how many government permits they'll need to obtain. That's why the Business Service Centre has a free service that tells entrepreneurs what permits and licences they'll need for their type of business."It forces you to think about all the key ingredients you'll need," she said. "A business plan also forces you to do your homework and to know your business, your industry and your sector."See the full content of this document
Extract
Startup Delays Become a Blessing
Couple had time to get enough working capital
It's usually the bane of small businesses, but red tape has proven to be a boon for two budding entrepreneurs as they strive to launch their new enterprise.Nigel Burns and Shelly Busch have been trying since early February to ge...See the full content of this document
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