As for longer-term assistance, Munro mentioned it’d be nice to see the federal government forgive the Canada Emergency Business Account loans they issued earlier within the pandemic. Although appreciative to have an understanding landlord on her facet, she mentioned that the federal government assist she’d be most receptive to receiving right nows assistant with lease. With most government support requiring a demonstrated loss in income, they didn’t qualify. They started Business Strategy as franchisees in 2019 with a objective of opening in April 2020, but weren’t in a place to open until August of that year because of the pandemic sweeping the globe. More support is required “as quickly as potential,” Munro mentioned, pointing to the Canada Emergency Commercial Rent Assistance program to assist cowl the value of renting empty buildings as being a program price extending.

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If you are knowledgeable and passionate about a particular subject , consulting could be a profitable option. You can begin a consulting business on your own, then grow your corporation and rent different consultants over time. Many of the best small business concepts for 2022 involve a web-based business model.

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