Business Bootcamp | What Can Help Entrepreneurs Succeed
While there is a very high failure rate of entrepreneurs in Canada, Spurrell and associates created a business bootcamp to help business owners succeed. The reason why many entrepreneurs fail, are due to three common reasons.
Industry Canada wanted to find out why so many entrepreneurs were ending up going out of business. And found that there were three common reasons why business owners were failing.
The third most common reason was that business owners were unable to find or keep staff in their business. Which attributed to 23% of entrepreneurs going out of business.
The second most common reason why entrepreneurs were not successful. Is because 29% of them simply ran out of money.
And the number one most common reason why entrepreneurs failed in Canada. Is because 42% of them were unable to find enough customers in order to sell their products and services to.
Using these three common reasons why Canadian businesses were failing. Is why Spurrell and Associates created their business bootcamp. So that entrepreneurs can learn what they need to do. In order to be more successful.
The reason it so important to help entrepreneurs succeed. Is because 50% of the entire population of Alberta. Are employed by small business owners.
Therefore, when Spurrell and Associates teach more business owners what they need to do in order to succeed. Then they can help keep more of the population of Alberta employed. Which will help the economy.
The topics that they will cover at the business bootcamp. Include what our common beliefs that business owners hold. That are keeping them from forming the right habits that can help them succeed.
They will also learn how to schedule their business effectively. So that they can time block their schedule. When used in conjunction with their business plan.
Can help entrepreneurs ensure that they have enough time in their schedule. To accomplish all of their strategic priorities. That they need to accomplish in their business to succeed.
Business owners also need to learn how to minimize their personal taxes. Not only so that they can keep more money in their business. But so that they can start accumulating wealth for themselves.
Since many business owners have gone into business for themselves. So that they can make a better living than they had as an employee. In this part of the bootcamp teaches entrepreneurs how to do that for themselves.
As well, business owners will learn how to read their own financial statements. So that they can make better and more informed financial decisions. That will allow them to avoid doing things such as spending more money than they have.
Which can help them overcome the reason why 29% of small businesses fail. Which is because they ran out of money in their business.
When used proactively, business owners can see that they are running into issues. And can be proactive in learning that this is the best time to increase their marketing.
There are so many great things that business owners can learn by attending this bootcamp by Spurrell and Associates. That they should contact the office in order to buy to get for their next event.
We Are Helping You Learn All About Business Bootcamp!
The learning curve for entrepreneurs when they first open the doors to their business is straight, and this is why attending a business bootcamp can be beneficial. They will get to hear from fellow entrepreneurs. Who own top rated businesses, what the best things that they can do to help them succeed will be.
Since the failure rate for small business owners in Canada is 50%. Learning any of these topics can make a huge impact on business owners, no matter what business they are in.
The range of topics that are going to be covered at this business bootcamp can benefit any business. No matter what the business is, what size the business is, or how long it has been open for.
One of the first topics that they are going to learn about. Is about how to create a business plan that can help them succeed. And while studies have shown that business plans can make entrepreneurs 46% more likely to grow their revenue.
Very few businesses actually have a business plan. Or have a business plan, but do not actually use it. In this seminar can show people and business owners why they need to have one. And how to use one effectively in their business.
In fact, they will learn how to complete a four hour business plan. So that they can do this every single year. So that they are always setting goals for where they want their business to be in the future.
The next thing that they are going to learn at this bootcamp. Can actually help them overcome the number one reason why entrepreneurs fail in Canada. Which is being unable to find enough customers.
This topic is how to get on the first page of the Google search engine results. Many business owners think that the first step to marketing their business is developing a great website.
However, a great website will not help entrepreneurs convert people into customers. If people are not finding the website in the first place. And this is why it is very important for entrepreneurs to learn that search engine results are going to be the first to accomplish.
Once business owners are getting found in search engine results, they will learn what their website needs to have. In order to continue ranking in Google search results. I what else they can do to help them find more customers for their business.
They will also learn how to create checklists and templates. To automate processes and procedures in their business. And this will allow them to eventually grow their business, by having a system that is easy to teach as well as easy to learn.
This will free up an entrepreneurs time to spend more time working on growing the business. Instead of doing all of the tasks in the business. To make it easier to grow.
These are just some of the great topics that entrepreneurs are going to learn that the Spurrell and Associates business bootcamp. And the sooner they contact the office to buy a ticket. The sooner they can be that much closer towards business success.