In a recently released report, Canada Post revealed the average number of online purchases made by Canadians increased 58 per cent between 2016 and 2018. Is your business ready to take advantage of this rapidly growing shift to online? Learn the strategies and tips you need to succeed at […]
This July, take your small business to summer school with the learning opportunities available at Small Business BC. June’s month of free education was a massive success thanks to the enthusiasm and support of BC’s small business community. And, to help continue growing your entrepreneurial skillset, we’re giving you 15% off […]
The Comprehensive Economic and Trade Agreement between Canada and the European Union (CETA) entered into force on September 21, 2017. This agreement will give Canadian companies access to the world’s second largest integrated economy (28-member states), with more than 510 million consumers and a GDP of more than $21.7 trillion. […]
Entrepreneurs are always looking for the next big efficiency that will save them money. Every advantage you can find, no matter how small, can make a huge difference to your bottom line. And, for a growing business, smoothing out the wrinkles in your supply chain will boost revenue and get […]
The Government of Canada recently signed the CPTPP Trade Agreement. This acronym represents the Comprehensive and Progressive Trans-Pacific Partnership, a new free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. It creates one of the largest trading blocs in the world, […]
Exporting offers almost limitless growth potential for Canadian small business, but before you start prepping your product for foreign shores, you need to craft a written strategic export plan. Exports represent a huge driver of the Canadian economy. In September 2017 alone, exporting amounted for CAD 43.6 billion in […]
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 […]
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.
“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.