While U.S. was hit by a recession and Europe was under severe debt, Canada’s economy grew by 3.1% last year, 9th largest in the world. The ranking was based on 11 factors such as property rights, innovation, technology, corruption and so on. It compared 134 countries. Canada is among the top 5 in investor protection… Read more »
Posts Categorized: Entrepreneurship
From India with Money
Average household income of Canadian immigrants from India is $95,000 which is 14% more than average income of Canadians. The expenditure for Indians who have immigrated to Canada since 2006 have increased by 46%, compared to an average of 19% increase in the expenditure of Canadians. An average of 56% immigrants from India own new… Read more »
Canadian Business owners put their companies at risk by ignoring need for succession plan
As mentioned by the head of Business Transition Planning of CIBC, Sean Foran, small and medium businesses contributes $600 billion to Canadian GDP. With an average age of 60 years for Canadian small and medium business owners, and with almost two third Canadians employed by these owners, it is important for business owners to have… Read more »
How to build a cross-Canada sales force
Enjo Canada Cleaning Inc. is a Toronto based firm that offers chemical free cleaning products and sells its products through home parties like Tupperware and Mar Kay Inc. Its present sales force of 350 consultants are targeting to a sale of $4 million this year with 85% of its sales concentrated in Ontario. In its… Read more »
Benefits of working from home
According to a survey by Workopolis, people believe they are more productive when they work from home and businesses believe they are able to retain employees longer by offering them flexible options to work from home. It is felt that working from home helps employees to maintain their work life balance and also save time… Read more »
Establishing a new business
Sean Fahey, an MBA from Florida Atlantic University, wanted to be self-employed. During his MBA he started a retail store of belt buckles, which he eventually expanded to 13 stores in the U.S. and Canada. However, his business was severely hit by recession, and in 2009, he was forced to shut down his business. While… Read more »
New Generation Entrepreneurs
The 2011 N.C. Governor’s Entrepreneurship summit was a two day event held to promote entrepreneurship in North Carolina. One of the panels was hosted by Donna Fenn, who is the author of the book “Upstarts”. The book speaks about the rise in entrepreneurs born between 1977—mid nineties (called Generation Y). The rise in role models… Read more »
The Business of Being Mom
In the first of five features on women in technology businesses, Erica Ehm is featured. The former host of video-based MuchMusic founded mom-oriented website YummyMummyClub.ca and now manages a staff of 10 writers and 25 bloggers. Along the way, she learned a little about the importance of marketing and creating a brand to which her… Read more »
He Won’t Be Twittering His Time Away
When Evan Williams decided to walk away from an everyday role at Twitter last October, he easily could have faded into a comfortable life of retirement. Rather than do so, Mr. Williams is working on a new startup company. As his role began to change at Twitter, Williams realized the time was right to move… Read more »
If At First You Don’t Succeed . . .
Research from the University of British Columbia suggests that initial entrepreneurial success leads to future success. Peter Gustavson certainly hopes this is true. The entrepreneur spent nearly two decades developing Custom House Currency before selling to Western Union. Now he is partnering with another entrepreneur, Marv Holland, to take his company to a new level… Read more »
