The proposed 25% tariffs on Canadian imports to the U.S. have raised significant concerns about their potential impact on the Canadian economy. These tariffs could lead to increased costs for Canadian exporters, disruptions in key industries, and broader economic challenges. Here’s a deep dive into the economic repercussions and proactive measures small business owners can
Yesterday in British Columbia there was a statutory holiday called Labour Day. Most offices and businesses took the day off. It’s a nice break from all the hard work everyone has been putting in this year. I wanted to take a moment and appreciate the labour that goes into your organization and how you can
Do what you love and you’ll never work a day in your life. Or is it “do what you love and you’ll turn it into a life-sucking chore”? A bit dramatic? Maybe. The idea of turning passion into profit can be exciting for some, and for others… not so much. Perhaps the idea of financially
Running a small business is hard. There is so much to know to just maintain a business, let alone grow it into a profitable and thriving company. An entrepreneur may be a skilled technician (ex. a hairdresser) yet when they go to open their own company (ex. hair salon) they face a huge learning curve.
The startup stage of entrepreneurship holds a strange duality; you are excited to pursue this new venture and nervous that it may not work out. Perhaps you are itching to quit your job and dive into this business, but you haven’t made the leap yet because of the financial security your day job offers. You
As an entrepreneur, your business plan is one of your most important documents. Your plan is the best way to share your goals and secure financing. A well-written plan shares your story, drive, passion, and tells the world that you are serious and committed to making your dream real. So what should you include in
Are you looking for a strategy that can turn your small business from chaos to calm, struggling to profitable? If so, you are going to love systems thinking. What is systems thinking? Systems thinking is a mindset and strategy for solving problems. When someone uses systems thinking they analyze HOW something is happening and make
It’s no secret that entrepreneurs wear many hats. Especially when you are first starting out, and sometimes even until retirement, small business owners have a lot to do. It is no wonder so many businesses fail: there is so much to know and apply to be successful in business. What’s most important to focus on?
You may think of a theme as something saved for parties or English essays. Did you know it’s also an effective tool for leading your small business? A theme is a simple thing. It’s a recurring idea that shows up in all your business goals. When you identify your theme, it acts as a guide.
The systems/processes you use to produce and deliver your product or service will determine your ultimate business success. If you can’t get your product to your customers or create a product at a reasonable price, you won’t make money or retain customers. If you get your customers their products at the expense of your team,
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