Business Consulting

Tips for Developing an Export Marketing Plan

Regardless of whether companies have previous exporting experience or are entering markets for the first time, there are risks involved in exporting. It is crucial for organizations to set clear goals and study the desired market before initiating new export sales growth activities. To help moderate the risks, align exporting

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Essential Small Business Technology Trends in 2019

Small businesses will benefit greatly from new technologies launching in 2019. But despite the massive competitive advantages that can be accessed through new technologies, nearly 35% of small businesses state that technology is not a primary focus.
To step into the ring with bigger corporate competitors, small businesses must embrace the

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Top 10 Sources of Ontario Agriculture News

Ontario agricultural producers and processors can benefit greatly by staying up-to-date with industry news. Yet for many agri-businesses, it’s difficult to find resources and publications that help inform growth strategies and improve competitiveness. While there’s no one definitive source of information for Ontario businesses, there are several sites that provide

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What are Technology Readiness Levels (TRL)?

Businesses conducting product development and commercialization activities often refer to a nine-point Technical Readiness Level (TRL) scale. This scale helps categorize development stages which is helpful to define project scope, progress, timelines, and resource requirements.
The TRL scale is a critical project management tool that helps businesses keep track of activities

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How to Mitigate the Risk of Export Expansion Projects

For many businesses, entering a new market is a risky, time consuming, costly, and stressful endeavor. While businesses that already export can benefit from previous experience, existing processes, and internal know-how when entering a new market, there are still many risks in export expansion.
Risk is amplified for businesses entering their

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apmaTEC: Autonomous Vehicle Technology Wanted

Before connected and autonomous vehicles (C/AVs) are deployed on Canadian roads, there must be significant improvements to how these systems work. Individual technologies must be improved, and their integration needs to be thoroughly tested to ensure driver safety. While innovators have historically had few opportunities to develop and test connected

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How to Embrace USMCA with Canadian Government Funding

The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that

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YSpace Markham: Scale-Up Resources for Innovators

Ontario’s innovation ecosystem is growing exponentially. With this growth comes the need for more resources for innovators to develop globally-competitive products and services that shape today’s knowledge-based economy. Access to incubation space and entrepreneurial expertise are two areas of support often requested by young, high-growth businesses, but it’s often difficult

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Scaling Manufacturing Production: Problems and Challenges

In an age of lean and just-in-time (JIT) manufacturing, rapidly increasing production to meet temporary fluctuations in demand can present challenges.

Upscaling typically requires modifications to production plant, material handling processes and staffing – as well as high availability of existing machinery and assets. Let’s dive deeper into all these things.
Planning

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