Posts Tagged ‘MHBusinessBeat’
Business Beat: The Multiplier Effect at Work in the Hat
What if I gave you a $50 gift card to your favorite restaurant? You could go for lunch by yourself and try to stuff two meals into your belly, but it’s more likely that you’d invite a couple friends for dinner and wine and run up a bill of $150. The restaurant just multiplied a…
Read MoreBusiness Beat: Local First – Building our Business Ecosystem through Recovery
Almost 98% of businesses in Canada and within Alberta are small businesses with approximately 76% of Canadians employed by private sector businesses. In the southeast Alberta Palliser region, we have 4700 businesses with 96.5% of those being small businesses. When you factor in our agricultural businesses, that adds an additional 3,100+ farms to the business…
Read MoreBusiness Beat: Pivot your Business with Automation and Technology
Many creative ideas have come as a result of the COVID 19 pandemic. Companies large and small have had to act quickly to change the way they do business in a now isolated world. This new business environment has forced many to come up with solution based ideas and act on them quickly. When business…
Read MoreBusiness Beat: Adaptation and Transformation – Why life will never be the same
Both adaptation and transformation refer to the process of change, but the motivation and approach is what differs. Adaptation is a reaction to or anticipation of new conditions or environment. Whereas transformation is change that is physically or qualitatively different. Transformation may also be a response and reaction of conditions; however transformation may also be…
Read MoreBusiness Beat: The Impact of COVID-19 on Small Business and What the Chamber Is Doing To Help
Over 96% of businesses in our region are small businesses and through provincial survey data, over 50% of businesses had to lay off employees, with the same number having used up most of their cash reserves. There are concerns about mid- to long-term impact, particularly with an extended shut down and slow recovery. For 70%…
Read MoreBusiness Beat: Solve a Problem, Change the World
Building and selling products around a passion is not enough to ensure a business concept has a valid market opportunity. There is plenty of commentary encouraging entrepreneurs to take a passion and convert it into a business but it takes more than inspiration to build a venture that works. It is though, a promising area…
Read MoreFuelling our Business Community in 2020
Our local Chamber of Commerce is a member driven and people focused organization who believes that the positive impact we create for local businesses ultimately affects the lives of business owners, employees and our community. That’s why we’re active problem solvers, equipped to help our business community by connecting our members with various resources and…
Read More