The Canadian economy is more flexible to take into
consideration the investment by the women. In Canada, you can take startup from
a small scale business which could be developed in large scale business. There
are many sectors where women can invest to maximize their wealth in Canada. As
a working woman, you can take start with a mini investment to test your ability
to whether you can form a business or not. If the outcomes are reliable to
invest more in the business you can expand the level of your business from
small to medium scale, as so your investment could be expand within the limited
time. As concerned with Canadian economy, the statistics show that the Canadian
women are directly involved in controlling the assets which are valued about to
$4-trrilion within the decade, which is a high rate for an economy that a large
number of workforce are women.
The business firms are conducting under the supervision of
women in the compatible market for males by doing more efficient work than some
males. The workforce of Canadian economy contains 47% on women. The working of
women in the field is most likely increase from past decades. Women are
co-operating in the development of countries among these countries Canada is at
8th position in participation of women which shows that it is right
place to invest in new business by the women. In my personal opinion I don’t
accept the dilemma that Canada should pay difference between the men and women.
The female working ratio is increasing day by day which shows that as an
ambitious woman, you should invest in different kind of business. These
businesses are may be of different types which required small investment with
low-risk rates, such as mining consulting business, transport business, freight
brokerage business, equipment leasing, and software or technological product
repair business and many more are available which you can start with a low
investment to compete with the market situation.
Analysis of the Canadian economy will make you know about
the market as you should invest in which kind of business. The analysis of a
country could be made on both macro and micro level. It is divided according to
the features of the country in which area is suitable for the investment in
what field of business. In perspectives of doing business by the female is
important to study about the culture. For instance, some eastern countries have
culture that women should stay at homes and are not allowed to work in the
combined economy, but in Europe it is trending to work for female. Large
entrepreneurs are mostly owned or lead by women. In history we can see that the
work of women is almost connected with her men, with less access to hold the
family, which shows gender discrimination. As labor, the women work as mothers
and wives, which have no consideration counted in the economic development of
the country. On other hand there were some women who was participating in the
workforce equal to the men.
In view to invest in any business, women should well-aware
about some strategies which are compulsory to take into account to avoid the
risk element. If you want to be ready to invest in any business you should
follow the following principle;
•
You should ensure that
you are starting to deal with an authentic professional body which can regulate
any professional body.
•
Keep a glance o the
sale purchase of your competitor’s to ensure that you are getting the fair
value of your product. For example, if you are dealing with the business of
garments, you should visit outlet of another brand to find out the position at
which you stand in the market.
•
Keeping in view the
situation of the market, decide to enhance your investment to overcome the
exposure of loss. The expansion of investment should only make when you are
sure about the demand and supply forces in the market. If there is gap
which could be filled by your investment then invest your capital in expanding
your business.
•
A successful business
mind always prefers to make progress in future instead of reminding green garden
of past. Make strategies for future investment because the past performance
never gives the guarantee for a bright future.
•
As you are a new
starter of your business, try to follow the instruction of the financial
advisor who gives the advice on professional documentation which is issued
according to the legal requirement of the principle of business. The financial
advisor is the professional expertise which could protect your investment from
sinking and give you fire alarm before you lose your whole investment.
•
While you are
investing in a new project, read all the terms and agreement carefully and
think about those conditions which you can fulfill remaining in the limits to
avoid the exposure of loss with the investment. Keep the investment in terms of
legal documentation as it could be used as you required to prove it. Legal
documentation is issued by the registrar at the time of forming your
business.
•
Maintain the record of
all the payments which are made at the time of investment making or while
withdrawing the investment. With time, check the status of investment if there
is any discrepancy in the investment, save your amount till you can afford to
lose or withdraw it if you could not handle it. The records of the business are
also used by the owner while taking loan for further investment. So that it
could be easy for the business to report on transections when it is required by
some authority.
•
While investing keep
in mind that you have to pay some percentage to the state in account of tax in
favor to contribute to the development of the country as well.
•
You should ask from
the state that if you are investing in foreign investment, you have right to
enjoy the privileges given by the government to explore the investment in the country.
If your investment relates to this kind of product then claim the subsidy to
refund your tax amount. The government is most likely to assist the business
which is suitable for the country, so they give subsidies to the business to
make it strong in the economy.
•
Check your annual
statement to ensure the profit or loss position to evaluate the investment
results, if you are not happy with the outcomes of investment you can decide
according to the agreement. Annual report of a business shows the ultimate
position of business, so you should thoroughly examine the past and present
report of the business that gives you ideas to be successful in the market.
These are all the steps which you should take into
consideration while being ready to invest in new startup. The industry needs
capital to grow beside this matter that who are investing in the business.
Researches of European economy shows that the females are more conscious about
their investment which make their investment more fruitful with concern of
getting maximum return. The Canadian economy has successful women entrepreneurs
who set an example for the other working women as you are a female and
concerned with the business to use your abilities in maximizing your wealth.
After investing in a business you can earn more return if you focus on the
points which relate to your business such as; making your investment in
business which falls in the commercial area. Create web-page and social pages
for the promotion of your business. Make sure that you have a business plan
with documentation of the rules and regulations according to you will run your
business. At this stage, you need to be clearer in term of dealing with your
investors and business partners to stay honest with them. You should take steps
to achieve the targets to check the profit position of business.
Always be prepared to perform in business to expand or
reduce according to the market situation. Search which business could give you
more and more output in minimum investment. For this purpose, you can create a
feedback box in which you can get response from your customers about your
services. This will help you to evaluate the business position of your
investment. The most common saying “action speaks louder than words” elaborate
the terms that you should focus on the doing instead of making long
discussions. If there is gap in the market that needs your business product
find it and fill it with your product. You can make your investment more
effective by making a solid concept to work on with an ultimate target of
working. You should have an attitude to listen your customers in both positive
and negative response with due care and patience. It would be effect your
business, if you show patience and listen your customers with care and response
them, they will consider it great courtesy by your side, and if you show
negative behavior, it may be a loss for the business. All these steps will
assist you in making good and fruitful investment which will take your business
at that position on which you have ever dream for.
The Canadian economy is most reliant and flexible for
working women as they give privileges to save the rights of the women in the
fast-growing economy. It is culture of European countries to promote the women
in the field of business as there is no gender discrimination. You can invest
and earn the results to develop your living standard and career. The Canadian
business community is mostly governed by the women, they are completely
involved in dealing with women, so it could be beneficial to invest in this
kind of opportunity. You can invest in small project t initial stage, after the
progress of small scale you have opportunity to expand your business, or you
may start a new one large scale business unit. First of all, you should analyze
the culture where you are investing your amount, if it is suitable for your
type of business then take further steps like, you should go for further
process. To gain in the market, you should invest in business which mostly
fulfills the needs of the people living in the region which you are going to
start the business. It helps you to detect the customer for your product.
In Canada, there is much business which could be started by
the female as they have flexibility for the women and their culture I also
helpful for the working women. There is much business such as garments, pet
caring, beauty salon, baby care center and many more which could be handled by
the women easily. These businesses are easy to start with minimum investment,
and it could return maximum output. Therefore these are considered as best
business forms for the women. So this opportunity is good for you as you are
new in the. Market. If you can fulfill all the requirements of the economy
which is above discussed, you can earn the market with your investment. You
should be ready for investment if you find any opportunity related to your
interest take advantage from it and prove yourself that you can work better
than male, you are not dependent on males for your future and career security.
You can find a way which can lead you towards a bright future. You
could invest in accordance to get the maximum satisfaction that you can go in
the market and could work in competition with other compatible people.