All business owners have foresight. Here's how to tap into yours and grow your business.

Foresight often comes with experience.  How are you supposed to anticipate what might come next if you have never been in a similar situation to foresee the possibility of it?

When it comes to business, the same applies, except, there is a caveat for business owners.  Even without experience, business owners can foresee possibilities.  It's their personal money on the line. Nothing motivates people more than that.  That is the best way to tap in to your foresight.  

Here are a few tips for new start-up business owners who recently have taken a side hustle full time, or have invested into their small business and gone all in to become an entrepreneur.  

First, watch the economy and the interest rates closely.  Even when we are in the recovery stage of the cycle.  These dictate possible outcomes and potential future buying habits. 

Next, be sure to sign up for 'free information' from bloggers who are experts in finance and trends.  They predict possible outcomes well before the news media does.  You can learn to read between the lines as you go, but this will be a great start to getting value from free information in the early stages of your start-up.  

Finally, if you are new to small business in Canada, loop yourself into the networking communities for small business owners so you can stay in touch with other business owners and talk openly about what you see happening in the future and how it can impact your business.  Connect with the Canadian Chamber of Commerce in Toronto, Ontario Canada.  

Need more tips, or a Business Coach or Retail Advisor?  Reach out for a for a free consultation.

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