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Category: Business Plan

14/03/202311/07/2024

Mitsubishi Motors announced a new business plan to gain EV presence

Japan-based Mitsubishi Motors is poised to scale up its EV business in the next few years. It revealed a new mid-term business plan, Challenge 2025, aiming to increase spending on R&D and CAPEX in electrification. The carmaker also plans to roll out four battery EVs in five years.

Mitsubishi announced the plan for fiscal years 2023 to 2025 on March 10. Since launching its first EV, i-MiEV, in 2009, the company has been sluggish in growing EV lineups compared with rivals in China or Europe. The xEV accounted for about 7% of its total sales in fiscal year 2021 ending

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13/03/202311/07/2024

7 tips for keeping your business finances organized

Colleagues discussing over financial receipts with digital tablets at the checkout counter in the store

Bildbyrå mascot/ DigitalVision/ Getty Images

Whether you’re a seasoned entrepreneur or just starting your own venture, one of the best things you can do for your business is organize the finances.

With the right techniques, developing a great strategy for your business finances can help you reduce business costs, project for the future and prepare for the tax season.

Here are seven great organization tips you can start implementing today:

1. Start off on the right financial foot

If you’re in the beginning stages of starting your business, now is the perfect time to set yourself up for long-term financial

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12/03/202311/07/2024

Western News – Expert insight: Canada needs a strategic plan to combat counterfeit goods

Counterfeiting is a chronic problem faced by Canadian consumers. According to Canadian manufacturers and exporters, counterfeiting — or the sale of products that purport to be something they are not — costs Canada between $20 billion and $30 billion annually.

Canada is not the only country struggling with counterfeiting — the practice is prevalent in many other countries and across different industries. A 2017 World Health Organization study found that around 10 per cent of medicines sold in developing countries may be deceptively counterfeit.

Similarly, the US Government Accountability Office found that 20 of 47 items purchased from third-party sellers

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11/03/202311/07/2024

Strong business startups can stray from conventional approaches | Local News

The dynamics of the south and intercity business areas of Thunder Bay are continuously changing as startup businesses emerge, many of them with women at the helm.

Up Shot Coffee House owners Crystal Co and Aundrea Rajamaki opened their coffee shop seven years ago with the help of Paro Center for Women’s Enterprise, which helped them with resources for preparing their business plan.

When looking for financial assistance, Rajamaki described a little turbulence with the process, which resulted in them bypassing the entire financial system.

“When we went to the bank to ask for assistance, I felt like we weren’t

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10/03/202311/07/2024

24HR Business Plan launches 24HR Marketing Plan

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24HR Business Plan, a business growth consultancy, has launched a new product offering – the 24HR Marketing Plan – to further drive client growth opportunities.

Jarther Taylor will lead 24HR Marketing Plan (24HRMP), joined by renowned global marketing leaders David Rebetzke and Bronwyn Powell as the senior advisory team.

Aimed primarily at small to medium size business enterprises or larger companies with small marketing teams, 24HRMP builds on the successful principles of the 24HR Business Plan and will help organizations bridge the gap between business and marketing strategies.

Andrew Baxterfounder and senior advisor, 24HR Business

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09/03/202311/07/2024

In two years, LLYC has doubled its EBITDA

Published: Mar. 9, 2023 at 6:30 AM MST|Updated: 4 hours ago

LLYC’s 2022 Results

MADRID, March 9, 2023 /PRNewswire/ — In spite of uncertainties triggered by the war in Ukrainian and its impact on the global economy, the audited figures for LLYC’s 2022 results revealed significant growth. Total revenues of the communications, digital marketing and public relations consultancy amounted to €89.5 million (+39% versus 2021) and operating income (totals less re-invoicing of client expenses) was €72.7 million (+36%). Recurring EBITDA (gross operating profit) improved by 26% to €16 million and consolidated net income rose by

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09/03/202311/07/2024

City’s pier project scenarios could compete with existing downtown businesses: business owners

A plea to keep the city’s waterfront pier project free from the grasp of a profit-driven business plan was made by a downtown business owner.

Speaking in regard to the report on the business plan for possibly raising revenue to help pay for construction at the pier, Brenton Raby noted at the Feb. 28 committee-of-the-whole meeting there were several inconsistencies with the city council’s intent.

He said the business plan rendering showed some intent of the city to operate a farmer’s market at the pier as a revenue source.

“This is in addition to the two other markets that the

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08/03/202311/07/2024

Peace River School Division approved for Class 1 Driver Program business plan

The Peace River School Division (PRSD) has received approval from Alberta Education to develop a business plan for a Class 1 Driver Education Program. Superintended Adam Murray says they have received feedback from people who own and operate truck farms on Class Drivers’ needs.

“Currently, I’m getting feedback from people who own and operate small trucking farms, that on any given day 30% of the trucks that could be driving and transporting goods are parked due to a shortage of drivers.”

Murray says they are exploring the program as it is quite beneficial for students’ success and will create a

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