Business Thrives on Change
“This summer a group of people on Twitter sharing their negative reaction to GM’s latest SUV helped nix the release of that vehicle just weeks after it had been announced. A few well-placed tweets to a global audience and the still unnamed hybrid was gone before it even made it to market. That’s the kind of power the Internet and social networking sites wield and that’s why the marketplace is changing at lightning speed. Any business that wants to stay relevant has to respond in kind. They have to shift disturb: to create a culture of innovation.”
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How Do I Find An Overseas Manufacturer?
Three years ago, Hylton Karon, president of Coconut Grove Pads Inc., an intimate apparel and accessories manufacturer, had 70 employees and did all of his manufacturing in Canada. “Now, I’m down to 25 employees and I have a lot of machines collecting dust,” Mr. Karon says.
Still, 2007 proved to be his most successful year in 15 years of business. Mr. Karon credits that success to a decision made 18 months ago to look beyond Canada’s borders and outsource manufacturing to Asia and Turkey. A single Coconut Grove garment may now have touched hands in as many as 10 countries before reaching its destination.
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TFSAs a BIG help to small business
While Canadian investors are flocking to tax-free savings accounts, many small business owners are still not aware of all the benefits that these registered accounts have to offer, for themselves and for their employees, experts say.
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How to Freshen Your Brand Without Wasting Dollars
Clearly, traditional media aren’t dead. But increasingly, the bold new ideas are coming from marketers who are working with their ad agencies and media partners to combine new technologies with traditional media approaches.
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