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 staff. The way a business gathers, shares, and exploits this knowledge is central to its ability to develop successfully. Knowledge management can benefit businesses ofContinue Reading
Edmonton’s economic growth has been driven by several key factors: These factors collectively contribute to the resilience and continued economic growth of the Edmonton region. The city is expected to outperform Alberta’s GDP growth in 2023 and 2024, with strategic investments in diverse sectors and prudent economic policies playing a crucialContinue Reading
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 diverse range of industries. Let’s explore the scope for new ventures in this vibrant city:Continue Reading
In 2024, Edmonton’s local businesses encounter several distinct challenges that impact their operations and growth. Let’s delve into some of these:Continue Reading
Local businesses in Edmonton play a significant role in contributing to the Canadian economy. Let’s explore their impact:Continue Reading
Small businesses play a vital role in the fabric of Edmonton’s economy and community. Let’s explore why they are so crucial: In essence, small businesses are more than just economic entities—they are the lifeblood of Edmonton, shaping its identity, fostering growth, and creating a sense of community. The City of Edmonton actively supports theseContinue Reading
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 services. Let’s explore some key aspects: Remember, a business can be as small as a local bakery or as large as a multinational conglomerate. The essenceContinue Reading
