As a technology startup or small business, it can often be difficult to consider your growth potential outside of your current Canadian market. Tech companies have reason to look outside of Canada though. In the artificial intelligence field alone, global investments have risen by over seven times from their 2010 levels. This market is now…
Canadian businesses should evaluate the benefit of entering international markets to grow, as export expansion has been a key pillar to many businesses growth. Beginning to export, however, poses a number of challenges for small businesses within Canada. Often times, business leaders are successful within their industry however lack the expertise or connections needed to…
Small business owners and executives must ensure they have reliable project management in place before investing in new initiatives. Being prepared with a strategic plan, as well as the managerial resources to execute the project, is integral to the success of any business activity. Especially in an increasingly globalized market, businesses must invest, innovate, and…
Viscor Inc. is a Toronto, Ontario-based manufacturer of lighting and sheet metal products for commercial and industrial use. Since 1952, the company has had incredible domestic success and has expanded to offer three product lines, Visioneering, Certolux, and TBR Lighting Brands. Although Viscor Inc. is the leading producer of LED and fluorescent lighting products in…
Many Canadian businesses assume that the domestic market provides them with enough opportunities to grow and succeed. On the contrary, due to an increasingly globalized marketplace, businesses must expand their market and attract new customers outside of their country’s borders in order to reach their full growth potential. Business owners can take the necessary steps…
Canadian businesses of all sizes can attend networking, workshop, and conference opportunities throughout March 2016. As winter fades into spring, business owners and executives will want to ensure that they’re staying up to date on all industry and business funding news. Don’t miss your opportunity to learn about grants and loans from members of the…
With the relative weakness of the Canadian dollar against the U.S. dollar, many Canadian small businesses have ramped up exporting activities south of the border. The lower costs of buying from a Canadian company has made it very attractive for American businesses to purchase from Canadians. This trend is even impacting consumer markets with many…
Accessing and capitalizing on export expansion opportunities will be a critical strategy for businesses this year. A weakened Canadian dollar has increased the number of trade and export opportunities available for Canadian entities, and Canadian businesses must be willing to pursue these new markets to capitalize. Many small and mid-sized Canadian businesses that are new…
Canadian businesses looking to scale their operations and grow into new export markets can access CanExport funding for marketing and sales projects. Available for startups to medium-sized businesses, CanExport supports projects such as modifications to product packaging, conducting market research, and participating in international trade shows. Businesses can receive cost-sharing support from CanExport for up…
Small businesses in Canada’s evolving food and beverage manufacturing industry have new opportunities to grow their business in export markets. Increasing worldwide demand for high-quality Canadian products, in addition to a weakened Canadian dollar, has created additional opportunities for manufacturers to develop international relationships. A popular export expansion strategy is to participate in trade shows…