Category: Business Strategy and Planning

Manage your business

Discover how to run a business effectively

There’s so much involved in running your business. Monitoring your financial performance and maintaining relationships with customers, employees and suppliers are just some of the aspects of business management. Start with small improvements to build momentum for bigger changes.

What challenges are you facing?

Check out the content under the headings below to discover how to keep your business running smoothly.

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Business strategy and planning

Business plans are the foundation on which successful businesses are built.

Create the roadmap that lays out your business proposal and the route to your successful company. But don’t let it gather dust in a drawer. Use your plan to steer your strategic management. Keep your business strategy and action plan alive and updated and watch your business grow.

Define your strategy

Discover the steps to effective strategic planning

Strategic planning clarifies your long-term goals and the steps necessary to achieve them. Based on your business plan, a clear business strategy lets you envision where your company will be in the future—and provides you with a map for getting there.

What challenges are you facing?

Read the following and learn how to develop and implement a strategic plan.

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Effective financial planning is essential to keeping a business running smoothly both in good times and bad. Keep on top of the situation with a plan that lays out how you will manage your cash flow, secure loans to finance upcoming projects and prepare for longer-term investments to fuel growth.

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An Excellent Article from BDC Canada

An effective marketing strategy is crucial to the success and growth of your business. Learn what marketing is in today’s world of international business. Develop a marketing plan that draws on business intelligence and identifies opportunities for business development and trade. Make informed decisions that focus on your unique selling points and find new customers through lead generation. Open up to the expanding possibilities presented by international trade.

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Often the keeping of company minutes is neglected.

The law requires that a company have a book of minutes which contains the articles of association, by-laws, list of shareholders and directors and all written resolutions that is to say, all important decisions of the company which have been taken in accordance with the law and which have been authorized by the directors and / or the shareholders.

Your up-to-date minute book keeps track of all important company decisions.

Is your minute book up to date?

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An Excellent Guide from BDC Canada

Whether it’s small improvements that increase efficiency, an exciting new product or a major overhaul that steps up your productivity, innovation can help you take your company to the next level. Draw on your team’s full potential and find new ways to enhance processes, procedures and product development. Seize the opportunity to be an innovator and drive your company’s growth.

What challenges are you facing?

Explore the headings below and discover how to make your business more innovative.

Why is innovation important?

Innovation is about shaping change—to improve your ability to compete, set your business apart in the marketplace and force competitors to react to you.

Developing new products

Developing new products has its share of setbacks and failures. However, the payoff can be huge if your new product is a winner.

Making my business more innovative

Financing my innovation projects

No matter the needs and the scale of your project, innovation requires financing. Learn more about the different sources of funding available for you to finance your business innovation projects.

Collaborating for innovation

By tapping into a partner’s knowledge and expertise, you can add value and identify opportunities for innovation that you may have missed otherwise.

Protecting my intellectual property

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An Excellent Guide from BDC Canada

There’s so much involved in running your business. Monitoring your financial performance and maintaining relationships with customers, employees and suppliers are just some of the aspects of business management. Start with small improvements to build momentum for bigger changes.

What challenges are you facing?

Check out the content under the headings below to discover how to keep your business running smoothly.

Improving my business management

There is no magic recipe to help you to better manage your business. However, there are best practices to follow and common pitfalls to avoid that will help you be a more effective manager.

Finding advice for my business challenges

Nobody can build a company alone. As an entrepreneur, if you’re isolated and not getting outside advice, you may not be making the best decisions for your business.

Making my business more sustainable

Becoming a good corporate citizen can help you to improve your brand image, increase sales and get an edge over your competitors who haven’t embraced the same sustainable approach.

Planning for emergencies and disasters

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Discover the steps to effective strategic planning – Here is a great Guide from BDC Canada

Strategic planning clarifies your long-term goals and the steps necessary to achieve them. Based on your business plan, a clear business strategy lets you envision where your company will be in the future—and provides you with a map for getting there.

What challenges are you facing?

Read the following and learn how to develop and implement a strategic plan.

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