We are currently witnessing a remarkable transformation driven by artificial intelligence (AI) and automation. While these advancements promise to enhance efficiency and speed, business owners must recognise the enduring importance of soft skills in their teams for long-term success and competitiveness. The World Economic Forum’s Future of Jobs Report highlights the disruption of skills we […]
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It’s amazing how some books stand the test of time. Stephen Covey’s The 7 Habits of Highly Effective People is one of those. Although it was first published over three decades ago, its lessons are still incredibly relevant for business owners. You might wonder – how do these habits fit into today’s landscape of changing […]
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In business, your capacity to meet deadlines can significantly influence your reputation. It’s not just about delivering quality work—it’s about delivering it on time. Meeting deadlines not only builds trust with clients but also ensures your operations run like a well-oiled machine. Let’s explore ten essential tips to help you master the art of timely […]
Starting a business is a thrilling adventure, filled with dreams of innovation and success. But let’s be honest—it’s also a bit of a gamble. Many startups face obstacles that, if not navigated carefully, can lead to failure. While vision and leadership are often highlighted as crucial elements, it’s the relentless grind of hard work and […]
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Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Why is inflation heating up at the grocery store again? A weak Canadian dollar is being blamed as a key culprit behind sticky inflation at the grocery store, a trend one expert says he expects to […]
Running a small business is a constant juggle, and one of the more frustrating tasks is managing your receivables. How often have you found yourself waiting on overdue invoices, wondering if you’ll have enough cash flow to cover next month’s expenses? If this sounds familiar, you’re not alone. Many small business owners struggle with keeping […]
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Have you ever paused to think about the real impact of the customer experience your business is offering? Is it lifting your brand up or dragging it down, along with the morale of your team? The consumers of today expect nothing short of excellence, so understanding the consequences of poor customer service is vital. So, […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada Post strike: What’s at stake for the Canadian economy? The Canada Post strike is set to have the sharpest impact on small businesses and customers of the postal service, particularly those living in remote […]
Setting financial goals for your business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections, they form the backbone of your road map for success, internal and external. Financial goals are something that every single business should possess regardless of […]
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Delegation is a skill often discussed but rarely mastered, especially by small business owners who are wearing multiple hats. The balancing act of managing daily operations while pushing for growth can be overwhelming. Imagine if you could free up hours in your day to focus on strategic decisions rather than getting bogged down in every […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. What the Bank of Canada’s cut means for the economy The Bank of Canada’s decision to cut its overnight interest rate by 50 basis points was as significant as it was expected. Following on from […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. After Bank of Canada’s oversized cut, is lower and faster the new pace? The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Jobs report tops economists’ expectations in September The Canadian labour market exceeded many economists’ expectations in September, adding more than twice as many jobs as the previous month while unemployment ticked lower. Statistics Canada […]
For small business owners, leveraging LinkedIn can be a powerful strategy. Unlike platforms that primarily focus on casual interactions, LinkedIn fosters an environment specifically designed for networking, collaboration, and business growth. By using LinkedIn’s latest features small business owners can effectively showcase their expertise, build a robust professional network, and engage with potential clients or […]
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A solid sales strategy will help you consistently grow your business. It will give you a framework for generating more leads, closing more deals, and ultimately increasing your revenue. From nurturing existing accounts to thought leadership and effective pricing discussions, here are some actionable steps for a winning sales strategy. Nurture existing accounts: Schedule regular […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada survey shows business, consumer sentiment remains low The Bank of Canada says business and consumer sentiment remained low during the third quarter of this year, citing high interest rates and higher costs as […]
Procrastination can be a formidable foe for small business owners. With endless responsibilities, it’s easy to fall into the trap of putting off important tasks for later. But fear not! Here are some practical solutions that can help you slay procrastination once and for all. 1. Eat the frog first Ever heard of the saying […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Can T-Swift stop a T-cession? What’s next for Toronto’s flagging economy Toronto’s economic growth slows, prompting fears of recession. Experts cite global uncertainty, trade tensions, and housing market issues. Meanwhile, Taylor Swift’s upcoming concert […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Economists see Canadian soft landing even without jumbo rate cuts The Bank of Canada will be able to pull off a soft landing for the country’s economy without resorting to half-point interest rate cuts, analysts say. […]
Working hard can only make you more money but does not grow your money or keep it safe. And that’s where investing comes into the picture: it fights inflation, grows money multiple times, and can help secure your future. Here we have curated a list of eight factors that you need to consider before investing: […]