The expression "growth hacking" was coined in Silicon Valley in 2010 and has since taken off like wildfire. Both SME and startup owners could benefit from learning about this approach, which is considered more of a mindset than a marketing technique and can used by any type of business looking to maximize its growth and revenue, regardless of whether it has a transaction website.

Since it was first launched in 2009, the Tax-Free Savings Account (TFSA) has been an unqualified success. The proof: some 8.2 million Canadians currently hold this investment vehicle, which allows them to grow their savings tax-free and pay no income tax on withdrawals. But if an RRSP and a TFSA provide the same return, would the TFSA always be the better choice for everyone? Here follows a description of the advantages of TFSAs in each of the four cycles of life.


The headache of trying to obtain financing can put the brakes on many potential SMEs. Without sufficient financial means, entrepreneurs often throw in the towel, when all it takes is knowing where to turn.

Like any other type of business owner, SME entrepreneurs need to make protecting their intellectual property a top priority. The four major types of intellectual property are governed by separate pieces of legislation.

Maybe someone has already suggested that you work with a mentor, business coach or consultant. But what exactly does each of these professionals do?