Business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities. The primary purpose of a business is to organize economic production of goods or…
Small businesses play a vital role in the fabric of Edmonton’s economy and community. Let’s explore why they are so crucial: Economic Contribution: Small businesses make up 94.7% of all…
Local businesses in Edmonton play a significant role in contributing to the Canadian economy. Let’s explore their impact: Employment and Workforce: In 2022, businesses with 1 to 99 employees comprised 98.0% of all employer…
In 2024, Edmonton’s local businesses encounter several distinct challenges that impact their operations and growth. Let’s delve into some of these: Market Factors and Health Restrictions: Businesses have…
In Edmonton, despite the challenges posed by the COVID-19 pandemic, entrepreneurs have displayed remarkable resilience and creativity. Over 4,000 new businesses have emerged during this period, spanning a…
Edmonton’s economic growth has been driven by several key factors: Energy Resources: Increased international demand for energy resources has been a significant contributor to Edmonton’s…
Knowledge is the greatest asset for any business, as it encompasses the understanding of customer needs, the business environment, and the skills and experience of…
Creativity plays a vital role in business because it enables innovative problem-solving and helps companies find unique solutions to challenges. Let’s explore why creativity is important in business: Accompanying Innovation: For…