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Ask An Advisor - Episode 5 of The Local Edge Podcast - Release Date: July 3, 2026

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Ever wonder what it takes to start a business in a new community? Here's the truth: it's all about finding the gaps!

Successful businesses often begin by solving a problem. 
Are there services or products missing in your area? 

Start by being a detective! 
- Talk to local business owners and ask what they wish existed. 
- Check demographic data; is there a growing need for child care or senior services? 
- Remember, sometimes it's about improving existing services, not just starting from scratch. 

And don’t forget to reach out to local economic development officers; they can guide you on available properties and local regulations. 

Your first employee is a milestone—don’t see hiring as an expense, but as an investment in your growth. 

The biggest mistake? Trying to do it all alone. 
Embrace support and resources available in your community, and turn your business idea into a success!

Click on these links to watch this episode and others!

Youtube - https://youtube.com/playlist?list=PLsJYf5F0RDLmvgYlqdkbkifFIeL6f3CN0&si=j2-LRoSIWAqZUhmk

Spotify - https://open.spotify.com/episode/32Q17s7xbGkZiC4uCjwpjf?si=3NtdApqDRgW65V8gU1aMAg

Apple Podcasts - https://podcasts.apple.com/us/podcast/sedc-the-local-edge/id1896269457

SEDC exists to promote sustainable economic and social development throughout, Arran-Elderslie, Chatsworth, Brockton,

Grey Highlands, Hanover, Minto, South Bruce, Southgate, Wellington North and West Grey.

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