In business, cash is king. Understanding how to manage your cash flow properly will save you from undue stress and ensure that you’re paid for your products or services. Meticulous cash flow management is one of the most important elements to running a strong, successful business. Cash is needed to complete new projects, pay employees,…
The Interactive Digital Media Fund provides Ontario government grants for businesses that are conceptualizing or producing interactive digital media content. Through two unique streams, the program provides small business funding worth up to 50% of project expenses to plan and produce content. Ontario companies may wish to pursue this opportunity if they are producing interactive digital…
Over the last few weeks, many of the most popular and lucrative wage subsidies have re-launched and are now providing funding to Canadian small businesses. If your business is planning to hire new employees during the year, now is the best time create those employment opportunities because of your ability to receive Canadian government funding….
Disclaimer: The views and opinions expressed in the following article are those of the guest author and do not represent or reflect Mentor Works Ltd. It’s official that proper business training and development pays off for everyone – employees, employers and companies. Not only does training develop employee skills, it also has been proven to…
Career development is a lifelong process of managing learning, work, leisure, and transitions in order to move toward a personally preferred future. Regardless of your current career level, there is always room for improvement. Traditionally, professional development was the responsibility of employers to ensure their workforce had the right skills. While this is still the…
Canadian exporters received good news earlier this month when Statistics Canada announced that national exports rose by 1.5% in April. This momentum was largely attributed to rising prices (1.1%) and an increase in export volumes (0.5%). What’s better still is that the Canadian dollar continues to rebound and is, at the time of this article’s…
A manufacturer based in the region of Chatham-Kent has undergone substantial growth in recent years, increasing their revenues, employees, manufacturing abilities, and position as a manufacturing leader. The company’s expansion has largely been enabled by receiving Canadian government funding for their strategic projects. By being able to accomplish more strategic projects in less time, the…
Business professionals can learn a vast amount of leadership skills from competitive athletes. There are powerful similarities between elite athletes and business leaders; both are hard-working, dedicated, and persevere through challenges to become better than they were the previous day. Business leaders and athletes both strive for goals, work hard for marginal gains, and endure…
Recently, “innovation” has become one of the most popular buzzwords in Canadian business, politics, and the economy. While there are many definitions of innovation, it can simply be stated that innovation entails revolutions to make the subject matter faster, more efficiently, or simply better than previous version, sometimes creating a completely new product/technology category altogether….
As Canada approaches its 150th year since confederation, the federal government has renewed its support for renovating, enhancing, and growing existing infrastructure within the country. The Canada 150 Community Infrastructure Program (CIP 150) provides Canadian government grant funding for municipalities, regional governments, not-for-profit organizations, and Aboriginal band councils to complete infrastructure projects such as building…