True Bottom Line of a Long-Term Successful Business

By Victoria Lennox

0 min read

In this video, Startup Canada spoke with Jessica Ross from Nova Scotia, who took her post-university experience working for a catering company to the next level by becoming the founder of her own bread-baking business, Gold Island Bakery (http://goldisland.ca).

She is an example of today’s Millennial entrepreneurs, those born between 1980 and 1995, who will be taking over the workforce as the baby boomers begin to retire. Jessica says the biggest advantage to being an entrepreneur today is the opportunity to create work for yourself that matches your personality. Along with that, she says her top tip for young entrepreneurs is to make sure your financial skills are sharp. Having a proper financial understanding of what you’re doing and how you’re doing it is the only way to have a long-term successful business.

As an alumni of the Intuit Canada and Canadian Youth Business Foundation’s Financial Bridge Builders Program, she says her biggest takeaway was the access to the community of business people, fellow entrepreneurs, mentors and experts who she could ‘talk shop’ with and tap advice from.

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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