Six proven strategies to boost productivity and profits

Increased productivity leads to a stronger competitive position, higher profits and better quality

Six proven strategies to boost productivity and profitsPaying attention to productivity leads to better profits in one-third of the Canadian small and medium-sized companies that measure their overall productivity index. Seems like a slam-dunk, doesn’t it? But a 2016 survey of more than 1,500 Canadian entrepreneurs by the Business Development Bank of Canada (BDC) showed that less than half of Canada’s small and…

CMHC mortgage changes aimed at helping self-employed own homes

Changes target Canadians who may have difficulty qualifying for a mortgage as their incomes may vary or become less predictable

CMHC mortgage changes aimed at helping self-employed own homesCanada Mortgage and Housing Corp. is making it easier for self-employed people to own homes. The federal agency has introduced some changes to help self-employed Canadians who may have difficulty qualifying for a mortgage as their incomes may vary or become less predictable. The CMHC said on Thursday that self-employed Canadians represent about 15 per…

The Ace Class is changing the way women connect with women

Mandy Balak of The Ace Class talks about the importance of community and mentorship in growing your business

The Ace Class is changing the way women connect with womenMandy Balak is founder and CEO of The Ace Class. Calgary’s Business: Can you explain what The Ace Class is and its purpose? Balak: Ace is an acronym for activate, cultivate and empower – we are a Canadian media and events company designed and created by women for women. We are founded in our intention…

Finalists named for EY Prairie entrepreneur of the year

A gala event on Oct. 18 in Calgary will announce the winners out of 48 finalists across 10 categories

Finalists named for EY Prairie entrepreneur of the yearForty-eight finalists across 10 categories have been named for this year’s EY Entrepreneur Of The Year Awards 2018 Prairies. “A common theme among this year’s Prairies finalists is their tremendous passion for their teams, communities and businesses,” said Rob Jolley, program director, in a statement. “This translates into a strong vision, relentless innovation, and motivated…

Is now the right time to exit your business?

There are unmistakable signs that it is the right time to move on, with more than a few steps to get the transition right

Is now the right time to exit your business?It’s one of the most important decisions you will make. And one of the most difficult. Is it time for you to exit stage left and say goodbye to your business? There are a few unmistakable signs that it is indeed the right time – for you and the business – to move on. You A…

Need help tapping into the marketing power of digital platforms?

Crystal DeCnodder of Full Blast Creative talks about how to put social media to work building your business

Need help tapping into the marketing power of digital platforms?Crystal DeCnodder is partner and vice-president of digital marketing for Full Blast Creative. Calgary’s Business: Why is it important for businesses today to adopt social media and social media advertising into their operations? DeCnodder: Social media marketing has come a long way since 2011 when I started my social media company. When the industry first…

Putting the personal touch back into public relations

Shauna MacDonald of Brookline PR talks about putting together campaigns that lead to measurable results

Putting the personal touch back into public relationsShauna MacDonald is principal of Brookline PR. Calgary’s Business: Tell us a little of the history of Brookline. How and when it got started and why you started the company? MacDonald: I founded Brookline in October 2004 after returning to Calgary from Boston, where I attended Boston University for my master’s and began my career…

Community pharmacies key drivers of economic activity in Canada

Nearly 10,500 community pharmacies in Canada generate $1.68 billion in benefits to all levels of government: report

Community pharmacies key drivers of economic activity in CanadaA new report by the Conference Board of Canada says the community pharmacy sector generated more than $16 billion in economic activity and supported nearly 250,000 jobs in Canada. The Pharmacist in Your Neighbourhood: Economic Footprint of Canada's Community Pharmacy Sector report, which was released on Thursday, said Ontario contributed an estimated $6.3 billion, followed by…

Helping Alberta drivers maintain line of site

Caleb Cummings of Calgary PPF talks about the hazards awaiting Alberta drivers and how to protect your vehicle

Helping Alberta drivers maintain line of siteCaleb Cummings is general manager of Calgary PPF. Calgary’s Business: Why are vehicle windshields so prone to chips and cracks on Calgary and Alberta roads? Cummings: For safety reasons, Alberta roads are covered in gravel and salt during the long winters. Road salt only works in temperatures above -5C, so due to Alberta’s extreme temperatures,…

Tax hikes discouraging entrepreneurship in Alberta

'Entrepreneurship is inherently risky and higher personal income taxes decrease the potential income (and reward) for entrepreneurs'

Tax hikes discouraging entrepreneurship in AlbertaA report by the Fraser Institute says Alberta’s personal income tax rate hike may prevent 1,374 new businesses from starting in the province. “Recent tax hikes by the Alberta government are discouraging entrepreneurs from starting new businesses, which are vital for economic growth and prosperity and drive innovation,” said Charles Lammam, director of fiscal studies…