If you decide to start a new business, you will need to spend some time developing your business idea. One of the greatest advantages of being an entrepreneur is being able to work on something that interests you and that you are passionate about. Unfortunately, passion does not always translate into profits.
Now that you are thinking about starting your own business, have you considered your chances of survival? Before you get started, you should be aware of the statistics on small business survival and failure.
To be a successful entrepreneur requires business planning, innovation and risk-taking. In short, it is a lot of work! But, there are many benefits too.
Being your own boss can be very rewarding, but it is not for everyone. Before you take the first step, take some time to find out if you are well suited to being an entrepreneur, to understand the benefits of entrepreneurship and to learn about your chances of success.
It is a vast understatement to say that the current state of social and economic development within Aboriginal and First Nation communities is far from satisfactory. A recent study1 of the Aboriginal economic gap in Saskatchewan, for example, demonstrated that, compared to the non-Aboriginal community, Aboriginal people experience higher poverty rates, lower education levels, and chronic unemployment.
This paper is part of a larger research study on the Aboriginal co-operative movement (A Reporton Aboriginal Co-operatives in Canada: Current Situation and Potential for Growth). The study was initiated by the Canadian Co-operative Association (CCA) and le Conseil Canadian de la coopération (CCC). The objective of the study was to build knowledge and awareness about the current state and contributions of Aboriginal co-operatives to regional and community development. The present paper has been developed as a background paper for the complete study.
The Canadian Co-operative Association (CCA) has launched the First Nations, Métis and Inuit Cooperative Development Program to help Aboriginal communities explore the potential of co-operatives to meet their needs. The five-year pilot program is being developed in consultation with national Aboriginal organizations and the program’s steering committee will be composed of representatives of co-operative and national Aboriginal organizations. It is sponsored by Arctic Co-operatives Ltd.
The Canadian Co-operative Association (CCA) has created the First Nations, Métis and Inuit Co-operative Development Program to help Aboriginal communities explore the potential of co-operatives to meet their needs. The five-year pilot program was developed in collaboration with national Aboriginal organizations.
