Business News

BC port strike hurting hundreds of small businesses: CFIB

Breadcrumb Trail Links Transportation Small Business News entrepreneur economy Critical shipments getting caught up in the dispute, small businesses say Get the latest from Naimul Karim straight to your inbox Signup Published July 11, 2023 • 3 minute read An empty pallet at the Port of Vancouver. More than half of small businesses surveyed by CFIB say the strike at British Columbia’s ports is impacting their operations. Photo by Jason Payne/PNG Article content As the strike at the ports of British Columbia stretches into its 11th day, more than half of 1,400 Canadian small business owners surveyed by the Canadian…
Business Plan

How to Write a Great Business Plan

Woman in white shirt studies notes on a whiteboard Coming up with the million-dollar idea was the fun part. But turning that idea into a successful company requires a business plan. Here’s why: A great business plan helps you plot your course and focus your efforts, which is what it takes to meet short- and long-term goals. It also demonstrates to interested parties—employees, investors, lenders, partners, yourself—that you’re committed to building the company and that you’ve got what it takes. A considered business plan also shows how you’ll generate revenue and handle expense management, gets honest about how long it…
Business News

Merger talks between Postmedia and Toronto Star owner fall apart

Talks to combine two of the biggest newspaper publishers in Canada have fallen apart. Postmedia Network Canada Corp. and Nordstar Capital LP — the majority owner of The Toronto Star and dozens of other smaller newspapers under the Metroland banner — announced late last month that they had entered non-binding discussions about possibly merging. The framework of the proposed merger would have seen Postmedia transfer its dozens of newspaper titles over to Metroland, with voting control of the new entity split 50-50 between the two sides. But on Monday, the two sides announced that those talks had broken down, that…
Business Plan

2019-2022 Strategic Plan

To put it simply, a strategic plan is a roadmap with a predetermined destination. It guides operations and daily business while targeting an achievable end-goal. In early 2019, Nanaimo’s Mayor and City Council underwent a planning process with an independent consultant to define their vision and values ​​for their term on council. The 2019-2022 Strategic Plan is the result of that process, and outlines the Council’s long-term vision for Nanaimo. “To be a community that is livable, environmentally sustainable and full of opportunity for all generations and walks of life.” Stemming out of this vision statement, the document sets out…
Business Plan

High court quashes rules letting agency workers cover for UK strikers

Legal changes brought by the government to let agency staff fill in for striking workers have been quashed by the high court, with ministers’ approach to the policy being labeled “irrational”. A number of unions, including Aslef, the RMT and Unite, joined in the legal challenge to “strike-breaking” regulations announced last summer by the government as it faced widespread industrial action across rail and other sectors. In a verdict delivered on Thursday after a hearing in May, Mr Justice Linden ruled that the approach taken by ministers was “so unfair as to be unlawful and, indeed, irrational”. Unions argued that…
Business News

Microsoft to lay off more employees months after letting 10,000 workers go

Microsoft confirmed Monday that it’s eliminating additional jobs, a week after the start of its 2024 fiscal year. The cuts are in addition to the downsizing announced in January that resulted in 10,000 layoffs. The software maker also disclosed a small number of cuts this time last year. GeekWire reported on the latest cuts earlier Monday. Amazon, Google and other large technology companies have also scaled back this year after adding headcount rapidly to meet rising demand during the Covid pandemic. Microsoft has said in recent months that clients are looking for ways to save money on their cloud computing…
Business News

Watchdog probing claims that Nike Canada, a gold company benefiting from forced Uyghur labour

Canada’s watchdog for corporate wrongdoing says she has enough to launch an investigation of allegations that Nike Canada and a gold mining company are benefiting from the forced labor of Uyghurs in China. It’s the first time the office of the Canadian Ombudsperson for Responsible Enterprise (CORE) has launched an investigation since the federal government appointed Sheri Meyerhoffer to the role in April 2019. “These are very serious issues that have been brought to our attention,” Meyerhoffer said Tuesday. “Canadian companies are expected to respect Canadian standards for human rights and environmental protection when they work outside of Canada.” A…
Business Marketing

Twilio CMO Says AI Will Change Sales, Marketing at Every Company

AI is going to have a huge impact on the workforce, making many workers more productive. The chief marketing officer at Twilio says AI will soon be in use in sales and marketing at every company. The technology can be used both to boost productivity and to make ads more effective. loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app There are many parts of the business world where AI is going to have a huge impact, but sales and marketing are one of the…