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Technology has facilitated entrepreneurship by providing digital tools for business development. Online platforms enable entrepreneurs to reach customers, manage operations, and expand their presence efficiently. Digital marketing and e-commerce solutions contribute to business success.
Challenges exist, including regulatory requirements, competition, and market fluctuations. Entrepreneurs must navigate these factors while maintaining financial stability and customer engagement. Adaptability and strategic planning contribute to long-term business success.
Entrepreneurship continues to shape the Canadian economy. As new businesses emerge, they contribute to economic development and foster innovation across industries.
