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Business Vault

Welcome to The Business Vault, a resource of informative and interesting features for the business community.

Entrepreneurship

BUILD A NETWORK TO GROW YOUR BUSINESS

Provided By: , March 22, 2023
The Business Development Bank of Canada (BDC) recently published an article outlining the importance of business networking. The message was simple — build a network to grow your business as the right contacts  will enable the business to grow.
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SMALL BUSINESSES CAN BENEFIT FROM HAVING AN ONLINE PRESENCE

Provided By: , March 20, 2023
Whether it’s a website, social media accounts, or both, having a strong online presence allows small businesses to reach a wider audience, establish credibility, and streamline their operations.
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HOW TO SUCCEED AS A SMALL BUSINESS WITHOUT A BRICK-AND-MORTAR PRESENCE

Provided By: , December 7, 2022
Times are changing, and businesses no longer needs a brick-and-mortar presence to be successful. Online businesses proved their importance during the pandemic. When brick-and-mortar stores closed due to public health measures, consumers depended on virtual retailers to meet their needs.
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HERE’S A BIG LIST OF SMALL BUSINESS TAX DEDUCTIONS

Provided By: , November 28, 2022
Turbo Tax Canada has updated its “Big List of Small Business Tax Deductions.” This comprehensive guide will help ensure small businesses never leave any of their hard-earned money on the table.
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HOW TO GET A BUSINESS LOAN IN CANADA

Provided By: , November 1, 2022
Getting a business loan can help you get a new company off the ground or propel an established business to new heights of growth and profitability. But before you can access funds to grow your company, you’ll need to convince a bank to lend you the money.
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HOW TO BENEFIT FROM THE NEW ERA OF HYBRID WORK

Provided By: , October 26, 2022
There are pros and cons of remote and in-person work for a business: remote work provides greater flexibility for the employee and is cost-effective for the employer while in-person interaction with staff is important as well. Instead of choosing one or the other, businesses have opted to embrace the hybrid work model to reap the benefits of both work environments.
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5 Steps to Strengthen Your Business During a Downward Economic Cycle

Provided By: , October 7, 2022
Canadian economists are predicting the country is headed for a mild recession, which can affect consumer buying power, the cost of borrowing and rates of employment. Learn what this environment might mean for you and how you can fortify your business in the face of a challenging economy.
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The rewards and risks of a four-day work week

Provided By: OLIVIA LAWRENCE, September 9, 2022
The idea of a four-day work week would be considered a luxury for most employees. Working one less day a week would mean more time around loved ones, more time for leisure and less time thinking about work. All of these variables sound very appealing, but let’s break down the advantages and disadvantages of the shortened work week for a business. 
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Education

AS THE PANDEMIC SLOWS DOWN, ARE SUPPLY CHAIN ISSUES IMPROVING?

Provided By: , May 31, 2023
Supply chain issues were a main concern during the pandemic and, like COVID-19, its impacts lingered on into the years following.
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HOW TO PROTECT YOUR BUSINESS OR OVERCOME SUPPLY CHAIN ISSUES

Provided By: , May 5, 2023
As a business owner in Canada, it is important to be aware of the potential issues that can arise within your supply chain. With so many people having their products shipped directly to their home, stress on our international supply chain has increased drastically in the last decade.
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WHY IS LINKEDIN IMPORTANT FOR BUSINESS?

Provided By: , April 19, 2023
As the most popular social media for business professionals and with over 900 million users worldwide, LinkedIn is a great tool to grow your business. The website provides businesses and individuals with a platform to connect with other professionals, build brand awareness, and drive engagement.
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FIXED-RATE OR VARIABLE-RATE LOANS: WHICH IS BEST FOR YOUR BUSINESS?

Provided By: , February 22, 2023
Fixed rate or floating rate? What type of loan should you get for your company? Decision depends on rate trends, risk appetite, growth prospects and much more
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ESG: WHAT IT IS, HOW IT WORKS & WHY IT’S IMPORTANT

Provided By: , February 14, 2023
ESG stands for Environmental, Social and Governance, and relates to issues surrounding these three topics. ESG is broader than just a company’s impact of on the environment and society – it is a framework that integrates the risks and opportunities in each of these areas into a company’s strategy to build long-term financial sustainability and value creation.
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EVERYONE CAN PLAY A ROLE IN ENSURING THE WORKPLACE IS FREE FROM HARASSMENT

Provided By: , February 1, 2023
Harassment is unacceptable and we can all play a role in preventing it in the workplace by understanding what harassment is and how to report it.
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IS THERE A RIGHT WAY TO DISMISS AN EMPLOYEE?

Provided By: , January 27, 2023
Dismissing an employee is rarely an easy decision, and it can be a stressful and emotional experience for all parties involved. But is there a right way to go about it?
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HOW TO PREVENT EMPLOYEE BURNOUT

Provided By: , January 13, 2023
January is peak busy season for many businesses. The new year may bring reorganization, goal setting and shifting the focus to new projects. While these professional adjustments are happening, it is important to remember people’s personal lives undergo the same changes. Employee burnout occurs when the buildup of personal and professional stress becomes too much for one person to handle.
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HOW TO ATTRACT AND RETAIN TOP TALENT

Provided By: , December 20, 2022
As any business owner knows, employees are the backbone of every professional operation. At times it can seem that talented employees are difficult to find, or once found, they move on to different employment quickly after.
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SOCIAL MEDIA CAN BE AN IMPORTANT BUSINESS TOOL

Provided By: , November 23, 2022
With so much negativity often flowing through our feeds, it can be difficult to want to stay active on social media. Doctors and influencers agree, social media can be harmful when used in excess or in the wrong way. When used the right way, like to grow your business, it becomes a valuable resource for connection, communication and education.
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HOW TO CREATE QUALITY WEBSITE CONTENT

Provided By: , October 28, 2022
Social media has become a crucial news and marketing tool for business in this digital age. Individuals are hired solely for the purpose of managing and producing content for businesses social media channels. For that reason, it’s vital that a business knows the steps in creating great content for its website.
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LEMOINE SHARES ADVICE ON ATTRACTING & RETAINING A PRODUCTIVE WORKFORCE

Provided By: , October 25, 2022
The Regina & District Chamber of Commerce hosted its All-Nations Career & Job Fair on Oct. 20 with Eddie LeMoine serving as the event’s keynote speaker. LeMoine’s presentation – Understanding The Current & Post-Covid Realities (Attracting & Retaining A Productive Workforce – contained a wealth of information to help businesses move forward and grow.
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HOW TO PROTECT YOUR BUSINESS FROM CYBERATTACKS

Provided By: , October 13, 2022
It’s not only large businesses and corporations that get victimized by ransomware, data breaches or other forms of online attacks. The Business Development Bank of Canada (BDC) recently published a survey which indicated in 2021 that 16 per cent of Canadian small businesses and 28 per cent of medium-sized businesses were the target of cyberattack.
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The importance of conversational writing

Provided By: OLIVIA LAWRENCE, September 9, 2022
Writing in a conversational tone is necessary for a business to implement when addressing clients and staff because the reader connects and understands the message easier than formal writing.
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