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Special Report

Small Business - Part 2

Small and midsize business is the engine that drives the Canadian economy. But engines need tune-ups and small/midsize businesses need to change to stay on top and stay competitive in a tough economic environment. Small Business Week in Canada celebrates entrepreneurship. As small and medium enterprises are the power behind the Canadian economy, this report aims to keep the employees, customers, owners and operators of these enterprises up to date about what's new in areas that affect their everyday existence.

SMEs harness innovation in Canada

'One of the reasons the economy is doing better is because of the entrepreneurial class'

Flexibility has helped entrepreneurs cope

'One of the reasons the economy is doing better is because of the entrepreneurial class'

When entrepreneurs don't know tax rules, results can be costly

Small-business corporations are often advised to pay enough salary to reduce their annual income to $225,000.

How young entrepreneurs make a difference

BDC's award winners continue to shine in national economy

Canada's network for success

Women Entrepreneurs of Canada are 'out there in business and the professions, but we're saying that as women, if we have issues like balancing life and career, these are things we can really address in a private forum'

Older workers often prove to be huge asset

Experience a winner for employers

E-business veterans share valuable tips for success

Before your small or medium-sized business enters into the world of e-business, it's wise to educate yourself.
Part of your required research, experts suggest, is asking e-business veterans what insight and advice they'd offer.

SMEs will benefit from what's new in technology

From ultra-slim desktop PCs to new software, small businesses stand to reap new rewards

How to see beyond the burgers in franchising

What makes one franchise succeed while others chew up their franchisees' lives and fortunes is the essence of wise franchise investing.

How SMEs can take control of their communication

Single Number Reach streamlines the management of your customer calls to a single point of contact — a virtual telephone number that integrates messaging and real-time call processing.

Inventory management can mean trading time against money

At the University of British Columbia, Garland Chow is associate professor of logistics and transportation in the Sauder School of Business. He has taught supply-chain management for 20 years.

How retailers can help small business

When Max Johnson put in his order to prepare a mass mailing for his travel company, the print shop did more than get the font right. Rather than just taking the order and collecting another customer payment, the printer made an assessment of what was going to be entailed for the fellow Winnipeg small-business owner.

Retail survival skills are changing

Diane Brisebois, president and chief executive officer of the Retail Council of Canada, says downtown revivals and the gentrification of slums, the movement back to downtown living by those who have no kids or whose kids have grown up and gone their own ways, will contribute to a renaissance of downtown retailing.

Deflation poses danger to business

Deflation is a fact of life in Japan. In the past 10 years, consumer prices have tumbled, real estate values have plummeted and banks — unable to collect their loans — have been driven to insolvency or into forced mergers with stronger partners.

Case studies: How to learn from success of others

It is an axiom of investing that the larger a portfolio, the more its returns must mimic those of the markets in which it invests. Indeed, if a portfolio were to grow fast enough, it would gobble up its investment market and then its returns would have to be identical to those of that market.

Ceridian: Helping wrestle payroll problems to the ground

At a typical small business in Canada, the payroll manager, human resources officer and recruitment head are usually the same person. And that busy soul has yet another hat to wear: owner.

Eastbay I.T. Consulting: Keeping computers of others running

In a niche of the computer-services industry, Toronto's Eastbay I.T. Consulting Inc., a firm with eight employees and $500,000 in annual revenue, is making a business of keeping the computers of other small companies running.

Etratech: Exporting to success

In Burlington, Ont., Etratech Inc. has moved from being a tiny company with two employees, as it was in 1989, to being a small company with 130 employees

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