Finally, A Book That Unlocks the Realities of Owning a Small Business in Canada! How Much Money Can I Make? is so much more than the title implies. Not only will you learn how much money you are likely to earn (or lose), you will also discover what it's really like being a small business owner, and how to crush your competition at the same time!
Readers will find this book to be unique as it is a hybrid between a "how to" book and a "reference manual". It includes both proven management techniques and 100 income statements covering the majority of Canadian small businesses.
If you already own a small business or are considering self-employment in Canada, then this book is for you! From security systems to swimming pools, Tim Young has owned and operated more than a dozen vastly different business ventures over the last 35 years. Eight of these have been successful. Tim and his partner JoAnn have earned (and lost) hundreds of thousands of dollars. Yes mistakes were made, and HMMCIM will teach you how to avoid them.
This straight-talking book answers the following questions and many more:
- How Much Money Can I Really Make? HMMCIM answers this question using the most factual data available for national averages, and 100 specific business categories covering over 900,000 Canadian small businesses. From car washes to car dealers, florists to funeral homes, restaurants to real estate agents . . .
- How Is My Business Doing and What Can I Do To Make It More Profitable? Using Key Performance Indicator (KPI) metrics can really help SBOs become far more profitable. This book is the first publication ever to offer data that will help Canadian SBOs formulate their own KPIs. Add proven small business marketing and management tips, and you will discover how to propel your business into the top 25% of your industry!
- What Is My Business Really Worth? Tim has bought and sold numerous businesses and helped many more do the same. He explains in detail how to properly value a business.
- What's It Like Owning a Small Business? Fifteen of these 45 chapters describe some of the ups and downs of being self-employed. Real situations, real numbers all of which Tim has been quite shy about sharing . . . until now.