Setting the stage for success: Six steps for drafting a business plan
By Danielle Walsh
Whether you are launching a new business, five years in, or beginning to plan for the transition of ownership to the next generation, taking the time to write a proper business plan is certainly a worthwhile feat. This valuable document can help align the expectations of all owners/managers, while also serving as a blueprint for how to run the business and set the pace to achieve its goals.
Indeed, a new year is upon us—a fresh start! Why not kick things off by developing a formalized plan for you, your business partners, and the next generation can…
Minister Ng highlights budget investments to support small businesses
st. CATHARINES, ON, April 6, 2023 /CNW/ – Today, the Honorable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, concluded her tour in the York and Niagara regions, where she highlighted Budget 2023’s investments to support small businesses.
Budget 2023 is focused on making life more affordable, building a strong and resilient health care system, and investing in a green and sustainable future for Canada.
Minister Ng kicked off his tour by meeting with TROES Corp., a clean technology business in Markham that develops commercial and industrial-level battery energy storage systems. She spoke about the…
Stop tech hopping: How to select the right tech to sustainably run your business
How often have you seen a new tech platform that can help you grow your business or streamline your systems, and feel that twinge of excitement?
Okay, sometimes it can come with a touch of overwhelm too. But how many times have you wanted to abandon ship from your current CRM, course platform, or funnel builder for something new that looks better in some way? Sometimes it has more features, sometimes it looks more elegant, and sometimes it comes down to investment levels — but in working with more business owners than I can count, most entrepreneurs are ready to…
Oil price spikes have analysts second-guessing their work
Benchmark oil prices have increased more than 20 per cent above a recent low point in mid-March. (AP Photo/Matthew Brown, Files)
Soaring oil prices on the heels of this week’s announcement by the Organization of Petroleum Exporting Countries (OPEC) and its partners sent analysts scrambling to hike their estimates for the rest of 2023.
The surprise plan to cut production has lifted the price of US benchmark West Texas Intermediate (WTI) (CL=F) more than 20 per cent above its recent low point in mid-March. The cuts consist of a voluntary 1.157 million barrels per day reduction set to take effect…
Breaking new ground in healthcare with the next evolution of AI
Since the beginning of modern medicine, the arc of innovation has delivered previously unimaginable breakthroughs and treatments that have improved health outcomes and lengthened lifespans. We are now in an era where digital transformation is redefining the way organizations approach patient engagement, care team collaboration and the provider experience. From better access to patient data through electronic health records (EHR) to improved access to healthcare through telemedicine, technology has provided providers solutions that enable greater productivity and, most importantly, improve the quality of care available to patients.
But there is an opportunity to do more. The healthcare industry still faces…
Amazon to lay off 9,000 more workers
Amazon will lay off 9,000 more employees, CEO Andy Jassy said in a memo to staff on Monday.
The cuts are on top of the previous layoffs that commenced last November and extended into January. That round affected more than 18,000 employees.
Amazon made the decision to lay off more employees as it looks to streamline costs and take into account the uncertain economy, as well as the “uncertainty that exists in the near future,” Jassy said. The company just wrapped up the second phase of its annual budgeting process, referred to internally as “OP2.”
“The overriding tenet of our…
Free Resources: Leadership in Uncertain Times
In the wake of such immense global change and upheaval, it is more important than ever to come together in community and see how we can be of support for each other, leverage our various skills and capabilities, and be of service to those around us. We at Invisible Edge are adapting and stepping up our game to meet your current needs.
In that vein, it was an honor to offer our recent webinar, Leadership During Chaotic Times. We received a huge response, getting feedback that shows how meaningful this conversation is for so many of you right now. It…
13 Ways To Make A Business’s Content Marketing Stand Out
getty
People today have access to a variety of online platforms that are overflowing with an endless amount of content. Although these platforms have given organizations the ability to more directly reach current and potential customers, it also means that leaders have to devise effective ways of attracting attention in order to showcase their businesses’ offerings.
From taking steps to considering what actions will best resonate to developing useful content for the target audience, every action can positively generate sales. To help, 13 Forbes Business Council members offer additional recommendations businesses can use to differentiate themselves and make their marketing…
