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Taking heart and sole east
Louise Dirks is chief executive of Gravity Pope, which began as a small import shop in Edmonton and has grown to a $15-million independent enterprise with an online store and multiple footwear and...
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Timing, team and working capital are key elements
One key ingredient in the recipe for success in business is understanding how your market is changing and seizing new opportunities at the right time. Montreal’s Budge Studios made its name producing...
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Video: Budge’s game plan for growth
For some businesses it takes time for the stars to align. When they do, it clears a path to attack new opportunities. For Wave Generation, a Montreal-based audio production company serving the video...
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Insight: Innovation, success go hand in hand
A bold new idea is the genesis of many business startups. But it’s not always enough to keep them healthy over the long term, says Peter Lawler, Ontario senior vice-president of financing and...
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How Il Fornello changed its game plan to turn its business around
When Ian Sorbie opened his first Il Fornello Restaurant in Toronto, he created a market niche that was unrivalled for several years. He built a successful family of franchise and corporately owned...
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Video: Gray Tools twists what it means to go offshore
It’s a milestone few companies hit: Brampton, Ont.-based Gray Tools has been manufacturing high quality, professional hand tools for the automotive, oil and gas, mining and manufacturing industries...
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BDC Insight: New strategies for a new marketplace
When a changing marketplace calls for new business strategies, the first thing a company should do is “step back and assess the landscape,” said Peter Lawler, senior vice-president of financing and...
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Video: Gray Tools twists what it means to go offshore
It’s a milestone few companies hit: Brampton, Ont.-based Gray Tools has been manufacturing high quality, professional hand tools for the automotive, oil and gas, mining and manufacturing industries...
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BDC Insight: Succession plan includes value creation
Succession planning is crucial for any business and to see how it can be done well, Canadians can look to the example of the iconic clothing company Stanfield’s. The fourth-generation chief executive...
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Stanfield’s looks beyond toasty long johns
A transition is set to take place in the executive ranks of Stanfield’s Ltd. While the company won’t say exactly when, Jon Stanfield will replace his father Tom at the helm. The president of...
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BDC Insight: When making a dramatic change, play the company’s strengths
When a company sets a new course, its greatest priorities should be a long-term strategic plan and total commitment to the new direction, said Patrick Latour, senior vice-president of financing and...
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Video: Evans Consoles goes global to stoke double-digit growth
Ross Evans, a chartered accountant in Calgary’s oil and gas industry, began building a frame structure capable of supporting computers in the 1980s, after visiting clients and seeing tables bowed...
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BDC Insight: Managing growth can be most difficult task faced
A growing business will reach numerous turning points in its life cycle. Whether moving from a home-based micro-business to a small commercial entity, or transitioning from a mid-market player to...
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How Real Food for Real Kids handled a growth crunch
Faced with processed, canned and frozen foods at her son’s daycare, Lulu Cohen-Farnell opted instead to pack him lunch every day. The daycare director noticed Max’s meals — fresh fruits and vegetables...
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BDC Insight: Web presence key to good marketing
A detailed marketing plan is essential for any new product entering the market, particularly when online sales are part of the business strategy. “The biggest thing about a digital sales model is that,...
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Video: Lee’s Music puts focus on innovative guitar manufacturing with...
Lee’s Music was simply a retail store with a specialist repair arm until Lee’s son, Mike Miltimore, came up with an innovative technique for building stronger, better guitars in a fraction of the...
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BDC Insight: Lab to commercialization
Many startups begin with a nugget of technology, says Glenn Egan, vice-president at BDC Venture Capital. To transform it into a product that will generate revenue, entrepreneurs must find ways to...
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How Trusted Positioning is navigating the route to growth
Whether it’s finding a good deal at a store, navigating through a busy airport or through the woods, when there is no Wi-Fi or GPS reception, Chris Goodall and his team have a reliable solution....
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BDC Insight: Plan now for the next crisis
Any business is likely to face adverse circumstances at some point. It might be a major external crisis, such as a recession, the emergence of a new competitor or a change in customer demands....
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Video: How Luxury Retreats used technology to transform the travel industry
When he was 11 years old, Joe Poulin started recycling computer disks from his home in Montreal, at 13 he was buying and reselling computer parts, and by age 15 had taught himself web design. He was...
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