TIMES OF CRISIS ARE NOT ALWAYS BAD FOR BUSINESS

March 19th at 8:56pm

Most organizations today are battling some kind of crisis – a situation triggered by significant internal or external factors, or several small incidents that build and have an enterprise-wide, multifunctional impact. These crises disrupt normal business operations and have the potential to harm or damage the reputation of the organization. Crises don’t discriminate and can threaten the existence of the organization if not contained in time. But times of crisis can also create business opportunities and you small business can capitalize if you take the appropriate action, here’s why: Downtrodden economies can lead to great innovation. Existing companies must find…

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LOOKING TO START A BUSINESS IN 2020?

December 28th at 8:09pm

The one thing that stays the same in business is…nothing stays the same. New hardware, software, services and other technologies are coming at a breakneck pace and all of these changes will have a significant impact on commerce, the global economy and individual businesses within the next few years.  The most significant trends and technologies that will be impacting businesses over the next few years, including: Internet of ThingsSecurity and privacyDrones and autonomous vehiclesArtificial Intelligence and software botsSelf service automationMobile apps for communications, collaboration and reportingRobotics in manufacturing and service For the most part Hitech is leading the pack when it comes…

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THE FITNESS FRANCHISE BUSINESS IN CANADA

December 20th at 12:20am

Canadians are an active bunch. According to Stats Canada, more than 16.2-million Canadians aged 12 and over reported participating in at least 150 minutes of moderate to vigorous intensity aerobic physical activity per week. This bodes well for franchise systems that give Canadians of all ages a place to pump iron, boost their cardio, and get fit. Investment in a dues-based business with recurring revenue, such as a fitness centre, is not only a smart move, but also provides entrepreneurs with the sense of satisfaction of keeping Canadians healthy and help them meet their fitness goals. Fitness is big business…

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REASONS TO CHOOSE VANCOUVER FOR YOUR BUSINESS

December 10th at 11:42pm

Having great access to goods from around the world is a great advantage for Vancouver businesses and forms the life-blood of the city’s trade. Port Metro Vancouver is Canada’s largest and busiest port, impacting over 120,000 jobs in the greater Vancouver area. The Mainland/ Southwest region of B.C. is home to about 64 per cent of small businesses, while Vancouver Island/Coast accounts for 16 per cent of the small business total. Small businesses in B.C. employ nearly 1.1 million people, accounting for 54 per cent of private-sector employment. Here’s a look at some of reasons why business love Vancouver: Easy to…

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NEW MEAL SOLUTIONS CONQUERING CANADA

July 11th at 9:23pm

The rise of superfoods and holistic health trends suggests Canadians are taking a new approach toward health.  Grocers and other industry leaders are paying attention and taking action. Loblaw, Canada’s largest grocery retailer is staffing up a new “meal solutions” division, which spans across the company’s business.  Among its goals: conquer the Canadian meal prep market. The company, which operates more than 2,300 stores and has reported earnings of $36.5 billion so far this year, is currently running a meal kit pilot project under its President’s Choice brand. PC Chef meal kits appeared early this fall in 13 stores in the Greater Toronto Area —…

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BIG DATA COMPANIES IN CANADA

May 14th at 5:45pm

Data (facts and statistics collected for analysis) is increasingly important to business growth. In fact, 90 per cent of all data ever collected was generated in the last two years. Connecting and understanding data related to people, platforms, the Internet and supply chains (and most importantly, turning it all into profitable insights) is crucial when achieving competitive advantage. The sheer amount of information and variables to consider can be overwhelming. That’s where nimble, data-focused startups come in. These companies help clients make the right business decisions, share data efficiently and increase effectiveness. Big Data Analytics has become a key requirement…

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BEST FASHION COMPANIES IN TORONTO

April 23rd at 12:07am

Canada is proving itself more and more as a country that has something to offer the fashion industry. While Canadian style might be known for denim tuxedos and flannel shirts, this image isn’t entirely accurate. Canadians dress well and are quick to wear and support labels from their home and native land. So much so that many Canadian brands have become world renowned fashion labels. New names in Toronto fashion are popping up and flourishing, all over the place. The substantial growth of e-commerce and social media over the last few years seems to have created endless marketing opportunities for…

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TORONTO’S BIOTECH INDUSTRY

March 6th at 11:29pm

The Canadian biotechnology and life sciences sector is a significant contributor to Canada’s innovation economy, and one of the country’s fastest growing industries. The Canadian biotechnology sector comprises occupations within research, development and manufacturing. With more than 400 biotechs, Canada ranks second after the United States in the number of biotech companies; it ranks third, following the United States and United Kingdom, in generating biotech revenues, with about $5 billion (Canadian). The Toronto area boasts 40% of Canada’s biotech industry. The Toronto region is home to the largest geographic concentration of health sciences assets in Canada, with strong connections to…

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