Process Visualization: Mapping and Improving your Operations
Business Strategy

Process Visualization: Mapping and Improving your Operations

Understanding your core processes is critical to managing the growth and development of your company. As you grow, you need to be able to understand how your company can take on additional sales (what’s your capacity, do you manage all aspects of production internally, how does the company interact with customers), develop new products (what…

Zero-Based Budgeting (ZBB): Shifting Mentalities
Business Strategy

Zero-Based Budgeting (ZBB): Shifting Mentalities

Traditional approaches to business budgeting often rely on adding or subtracting from previous budgets according to anticipated changes over the coming period. While this approach can provide reasonable budgets, it can also instill the wrong mentality in employees. With the traditional approach to budgeting, people try to make sure they’ve spent their budget so next…

Northern Ontario Development Program Awards Sault College $1M
Government Funding

Northern Ontario Development Program Awards Sault College $1M

Sault College, located in Sault Ste. Marie, is one of 24 publicly-funded colleges in the province of Ontario and is the largest deliverer of apprenticeship training in northern Ontario. The College has been announced a recipient of research and development funding which will allow them to acquire advanced equipment. This investment will benefit entrepreneurs, businesses,…

Top 10 Sources of Ontario Agriculture News
Business Strategy

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 access to free, high-quality information…

How to Embrace USMCA with Canadian Government Funding
Business Strategy

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 are concerned about these changes,…

YSpace Markham: Scale-Up Resources for Innovators
Business Strategy

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 for these firms to get…

Tourism Growth Innovation Fund: Alberta Government Grants
Government Funding

Tourism Growth Innovation Fund: Alberta Government Grants

Alberta’s municipalities and non-profit organizations have significant potential to expand tourism within the province. But despite Alberta’s strong reputation and ability to cater to tourists, each year there are many missed opportunities to draw Albertans, Canadians, and international tourists. Groups that organize tourism events should consider ways to expand and create new tourism opportunities within…

NOHFC Funding Supports Northern Ontario Forestry Industry with $1.4M
Government Funding

NOHFC Funding Supports Northern Ontario Forestry Industry with $1.4M

Two companies within the forest industry have recently received northern Ontario government funding for their business expansion projects. Manitou Forest Products and Henry’s Trucking will move forward with projects to support the local industry and create 10 jobs for the town of Emo, Ontario. A combined total of $1,376,157 in grants for forestry equipment has…