It’s October, fall is in the air, and we’re joining in the national celebration of Small Business Week from October 16-20. This presents an opportunity to recognize the contributions entrepreneurs and small business owners make to the economy as well as our local communities. To mark the event, Small Business […]
Small Business Week is October 16-20, 2017 and presents a welcome opportunity to acknowledge the contributions entrepreneurs and small business owners make to the Canadian economy, and our local communities. Events are taking place around the country, including here at Small Business BC. Together with the Province of British […]
Canadian business received a boost today as the Comprehensive Economic and Trade Agreement, or CETA, between Canada and the European Union provisionally came into effect. The deal grants Canadian companies much greater access to the world’s second-largest economy and our second-largest trading partner. Over 98 per cent of Canadian goods […]
Summer is finally here, which means one thing…summer school! Take advantage of our flexible learning options and access our webinars and Skype appointments, wherever you are this summer. This month’s focus is on growing your business. Start by understanding your financials and go on to learn how to explore new […]
When I started my career in international business, I was working at a startup selling medical equipment to Colombia. And I quickly learned the challenges of international business the hard way. So learn from my mistakes and read the 10 Words I wish I knew before engaging in international trade.
When many small businesses think about growing their market, they often think about heading south to the US as a first step. The close proximity, similar culture and demographic make-up, makes it seem the obvious choice. But if you haven’t exported to another country before, and you’re not familiar with […]
Export Advisors work with you to determine whether exporting is right for your business. One of the first steps of the Export Navigator is an assessment process. Export Advisors carefully assess your current situation – such as products, services, and business model – and your ability to commit to […]
As entrepreneurs start to think about expanding their product acquisition beyond Canada, they often find themselves trying to do it all on their own to save money. But international trade can be complicated. While some goods are easy to import and classify, others may require an advance ruling done […]
“You’re travelling abroad for business. You discuss. You shake hands. Then you return home and get busy. You must follow-up.” Mr. Sukesh Kumar, Partner and National Leader of India Practice in Canada at KPMG LLP International business travel is a great way to investigate new markets and opportunities, but if […]
The decline of the Canadian dollar has been a mixed blessing for the small business community. While those who import goods from the US or have US service providers, the news is not so welcomed. But, the bad conversion rate also means local consumers tend to stay home and purchase locally, finding that their dollar no longer goes as far, over the border. This benefits the tourism industry too, not only with Canadians wanting to vacation in their homeland, but with US customers finally returning to our shores after a long drought because of the bad conversion.