Entering the mind of a small business owner you will find a tactical and strategic thinker. This is a person who has chosen to put their livelihood in their own hands and accepts complete responsibility for pleasing enough customers and clients every month to pay the bills and put food on the table. Perhaps small business people understand best what a technology solution costs as any significant investment may come directly from their pocket. Three Questions Small Business Owners Need To Ask – Why is it important for a small business to leverage technology? Empowerment is the catch word of … Continue reading Technology for Small Businesses – 3 Questions Owners Should Ask
When it comes to government investment in research and development different countries have different implementations of their incentives to research and development. In the USA, a competitive structure of grants empowers businesses by direct cash infusions. In Canada a system of tax refunds/credits are non competitive incentives to invest in R&D for small businesses. On the one hand, the US system encourages new ventures who do not have a track record or established business to invest in completely new innovations. Although this is not always the case, the competitive system limits funding based on a specific budget per year. In Canada, … Continue reading Government Funding for Research and Innovation in Small Businesses.