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Management:
Practicing strategic management and organizational dynamics involve dealing with organizational plans, culture, power, forecasting, change, control, leadership and more. Getting things done in organizations can be complex and dynamic. Effective ways of managing organization can be challenging especially in today's market, where future is a combination of market changes such as communication, innovation and international competition.
Website address for contents:
Managing for business success: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/Home
Leadership: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/lu00010e.html
Management success stories: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/h_lu00053e.html
Sales and Marketing:
Practicing sales and marketing is crucial to the success of the business. Practical advice on marketing, pricing, advertising, branding, sales techniques, customer management, customer support and more can help organizations establishing successful sales and marketing methods and policies. Knowing about other competitors and what they are offering can help make the product, service and marketing stand out and it enables to set the prices more competitive. More in this topic is to create marketing strategy that helps to decide how to market the product and to service potential customers, write a marketing plan to identify the objectives to generate sales, attending trade events and how to use market research to gain knowledge about the marketplace and customers.
Website address for contents:
Marketing and sales: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/lu00015e.html
Financing:
By preparing financial package for the organization, which has to be kept up-to-date, can help organizations to act quickly on financial opportunities. Financial documents needed for most financial activities such as loans and investments. Balance sheet report shows the status of the company assets, liabilities and owners equity which gives a complete picture of the worth of a company. Profit and Loss Statement which is a summary of the revenues, costs and expenses during one accounting period which shows how profitable a company is. Cash Flow Projections estimates of schedule on which money will actually move into and out of the company. Additional financial information may include audit financial statements, business tax returns, list of accounts, business plan and list of personal assets and liabilities of owners.
Website address for contents:
Finance: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/lu00011e.html
Mergers and Acquisitions:
A merger can happen when two companies decide to combine into one entity or one company buys another. An acquisition always involves the purchase of one company by another. Synergy is the logic behind mergers and acquisitions. Having synergy between two companies allow the new entity made from two to run more cost efficient. Merger is a very complex process and it requires management qualities from both sides. Merger can fail for many reasons such as lack of management foresight, inability to overcome practical challenges and loss of revenues.
Website address for contents:
Merger Enforcement Guidelines:
http://www.competitionbureau.gc.ca/internet/index.cfm?itemid=1245&lg=e%20
Business Development:
Business development includes a number of techniques that designed to grow the business. Such techniques include sales activity, marketing, target markets, customers, competitors, business plan, and strategy for growing the business, financial, legal, advertising, creativity, customer service and more. Business development is an ongoing process and it never stops. Multi disciplinary approach is often require developing the business. Companies need to establish procedures for business development instead of relying on their existing contacts. Business development focuses on implementation of the strategic business plan.
Website address for contents:
Business Self-Assessment Tools: http://strategis.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/h_lu00002e.html
Business Development Group - Website address for general contents
Industry in Canada - http://www.ic.gc.ca/epic/site/ic1.nsf/en/home
Canadian importer database - http://www.ic.gc.ca/sc_mrkti/cid/engdoc/index.html
Company directories by sector - http://www.ic.gc.ca/epic/site/company-entreprises.nsf/en/Home
Consumer information - http://www.ic.gc.ca/epic/site/smt-gst.nsf/en/h_sf01843e.html
Current economic condition - http://www.ic.gc.ca/epic/site/eas-aes.nsf/en/Home
Small business research and policy - http://www.ic.gc.ca/epic/site/sbrp-rppe.nsf/en/Home
Canada small business financing program - http://www.ic.gc.ca/epic/site/csbfp-pfpec.nsf/en/Home
Economic Analysis and Statistics - http://www.ic.gc.ca/epic/site/eas-aes.nsf/en/h_ra01877e.html
Canadian Textiles program: http://www.ic.gc.ca/epic/site/ctp-ptc.nsf/en/Home
Innovation in Canada - Financing: http://innovation.ic.gc.ca/gol/innovation/site.nsf/en/in03618.html#overview
Sources of Financing: http://www.ic.gc.ca/epic/site/sof-sdf.nsf/en/Home
Opportunities for Investment & Partnerships: http://www.ic.gc.ca/epic/site/lsi-isv.nsf/en/h_li00269e.html
Intellectual Property Policies: http://www.ic.gc.ca/epic/site/ippd-dppi.nsf/en/Home
Competition Bureau - for Business: http://www.competitionbureau.gc.ca/internet/index.cfm?itemID=16&lg=e
Managing for Business Success: http://www.ic.gc.ca/epic/site/mfbs-gprea.nsf/en/h_lu00000e.html
Steps to Competitiveness: http://www.ic.gc.ca/epic/site/stco-levc.nsf/en/Home