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Ten Key Elements To Consider

“Without a plan, even the most brilliant business can get lost. You need to have goals, create milestones and have a strategy in place to set yourself up for success” (Yogi Berra, American professional baseball catcher and entrepreneur)

A business plan is an essential document for any business. It sets out what the business’s objectives and offerings are, how the business will operate from day to day, covers sales and marketing strategies, management and key personnel, and financial forecasts and goals. Having a clear plan helps to keep the business on track and

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China’s economy misses growth forecasts, raising the odds of more support for its edged recovery – Business News

China’s economic growth missed forecasts in the second quarter of the year, adding to worries over surging youth unemployment and a weak property sector and raising the likelihood the government will double down on support for the faltering post COVID-19 recovery.

The world’s second largest economy grew at a 6.3% annual pace in the April-June quarter, much slower than the 7% plus growth analysts had forecast given the anemic pace of activity the year before.

Unemployment of youths aged 16 to 24 rose to a record 21.3% in June, up from 20.8% the month before.

Investment

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Nearly 2,400 stores are closing across the US in 2023. Here’s the full list.

Store closing signs at a checkout counter of a Bed Bath and Beyond.

Bed Bath & Beyond closed 896 stores in 2023.Ben Tobin

  • More than a dozen major retailers have said they will close US stores in 2023, a combined total of 2,373 locations.

  • Amazon, Bath & Body Works, Walmart, and Foot Locker are among the chains shutting down stores.

  • Bed Bath & Beyond closed 896 locations amid bankruptcy — the most of any retailer on the list.

It’s not exactly the retail apocalypse of prior years, but it’s still a shakeup.

An Insider tally of announcements by major retailers in 2023 finds as many as 2,373 stores set to close across

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Apollo to Launch Private Fund in Asset-Based Financing Buildout

(Bloomberg) — Apollo Global Management Inc. is launching its first-ever fund dedicated to asset-based financing, laying the groundwork for what the firm is telling investors could be the largest vehicle of its kind in the market.

Most Read from Bloomberg

The new fund marks a move by one of the world’s largest alternative asset managers to expand its more-than-$100 billion platform for asset-based financing by tapping external investors directly, according to a person familiar with the matter who asked not to be named because the matter is private. The vehicle stands to climb to more than $5 billion in size,

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How to split RRIF income with a spouse to get the $2,000 tax credit

For most people, it makes sense to convert enough of your RRSP to a RRIF and claim the pension tax credit

Published July 14, 2023 • Last updated 6 days ago • 4 minute read

The pension tax credit is non-refundable, meaning you can't reduce your income below zero and expect to get a tax refund — it is non-refundable.
The pension tax credit is non-refundable, meaning you can’t reduce your income below zero and expect to get a tax refund — it is non-refundable. Photo by JIM WELLS/CALGARY SUN/QMI AGENCY files
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Small business tax hike is ‘the straw that breaks the camel’s back’

Published July 12, 2023 • Last updated 6 days ago • 3 minute read

out of business
‘This could make or break businesses right now’: Over 31,000 small businesses in Saskatchewan will see their taxes go up after the province raised them by two per cent on Canada Day. Photo by Lyle Aspinall/Postmedia Network /Postmedia

Over 31,000 small businesses in Saskatchewan will see their taxes go up after the province raised them by one per cent on Canada Day.

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One Source Direct Announce Ground-Breaking Small Business Marketing Platform Launched on Indiegogo

PRESS RELEASE

Published July 18, 2023

Say Goodbye to Traditional SEO One Source Direct Introduces Innovative Platform to Empower Small Businesses in the Digital Age.

One Source Direct, has announced the launch of its groundbreaking platform, a peer-to-peer business networking app poised to revolutionize small business operations in today’s fast-paced digital landscape. With the aim of leveling the playing field and overcoming the limitations of traditional marketing strategies, One Source Direct pushes the boundaries of traditional marketing by empowering entrepreneurs, small business owners, and freelancers to succeed in a competitive market.

Unlike traditional algorithms that favor brand popularity or advertising

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Students snag top prizes during national business plan competition | In Class column

IN CLASS: This feature is part of an ongoing education column highlighting the various activities that engage school communities.

STATEN ISLAND, NY — Staten Island middle school students at Egbert Intermediate School (IS 2) recently won top prizes during a national business plan competition.

Seventh- and eighth-graders at the Midland Beach school participated in the Virtual Enterprise Junior Venture second national business plan competition. Each program throughout the country submits a plan and pitch during the preliminary round and select teams make the national semifinals. During the semifinals, students pitched the plan during a Zoom interview with a panel of

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