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Market Entry Strategies: A Step-By-Step Process for New Export Markets

Market Entry Strategies: A Step-By-Step Process for New Export Markets

Market Entry Strategies: A Four-Step Process for New Export Markets Information provided by Mentor Works Business owners need to evaluate the export opportunity, pilot and test exporting if possible, and have an export market plan. Now that you’ve decided that the rewards outweigh the risks and that there’s a positive return-on-investment (ROI) in your export market plan, you need to start planning export market entry strategies. In this article we’ll review some of the steps you should consider when developing an export market plan. While the following list is by no means exhaustive, it should help you start brainstorming to determine your business’ export market readiness, and some of the ways you can reduce the risks and increase your export plan ROI. Export Market Strategy Development: Review, Plan, Review, and Plan You should always review your company’s export history and…read more →

Live Well, Work Well – November 2019

Live Well, Work Well – November 2019

It’s That Time of the Year Again: Flu Season Is Here The arrival of the fall and winter months signals many things, including the beginning of flu season. According to the Public Health Agency of Canada, flu activity peaks between December and February. Flu Symptoms Seasonal influenza can cause serious complications for people of any age, but children and the elderly are more vulnerable. The flu is most often associated with the sudden onset of fever, headache, fatigue, muscle aches, congestion, cough and sore throat. Most people recover within a few days to less than two weeks. Occasionally, complications such as pneumonia, bronchitis or other infections can occur. Flu Prevention The flu vaccine is your best chance of preventing the illness. Currently, the Public Health Agency of Canada recommends that anyone over 6 months of age receive an annual flu…read more →

International Marketplace Insights | November 2019 Edition

International Marketplace Insights | November 2019 Edition

International Marketplace Insights | November 2019 Edition Events, developments, and opportunities in the international marketplace. We occupy a unique position in the international risk management and employee benefits marketplace, and have the ability and resources to help you globally. We provide our clients exclusive access to a dedicated, in-sourced international department, effectively on their payroll and fully integrated within their operations, acting as an extension of their team. Our network provides access to more experience, technical resources, and innovative industry expertise. We are able to provide direct local involvement worldwide and strengthen insurer relations, providing regional knowledge and expertise as well as regulatory compliance. Please contact us at 1-800-661-1518 if you have any questions or concerns regarding international insurance. Recent Successes: Placed an “All Risks” Contractors Machinery & Equipment policy in Kazakhstan for a company involved in an oilfield pipeline contract. Arranged the issuance…read more →

Canadian Government Funding Trends: 2019 and Beyond

Canadian Government Funding Trends: 2019 and Beyond

Canadian Government Funding Trends: 2019 and Beyond Information provided by Mentor Works Entering an election period always brings about change in the funding landscape as the incumbent government looks to continue to push their main economic development approach and a potential new government looks to establish their economic development priorities. Nearing the end of 2019, it’s time to reflect on the trajectory of government funding for small businesses in Canada. In this post we explore some of the funding trends and outlook for 2020 and beyond. R&D Funding, Innovation Funding & Technical Risk Support One of the largest business areas that the Canadian government supports through funding surrounds R&D and technical risk. Companies who are innovating, developing new products and services, and constantly trying to maintain or expand on a competitive advantage have found increased access to funding. On a…read more →

Benefits Connection- OHIP is Changing October 1st, 2019

Benefits Connection- OHIP is Changing October 1st, 2019

Changes to OHIP Effective October 1st, 2019 Changes to the Ontario Health Insurance Plan (OHIP) are now in effect, as a result of the Appropriateness Working Group’s (AWG) review: Some of the changes include: De-listing imaging for most sinus problems Loop recorders used for the monitoring of heart disorders will no longer be covered as the physician-led group claims the devices are an outdated form of technology OHIP will continue to fund more effective testing to diagnose infertility, but post coital testing of cervical mucous will no longer be covered Patients who ask their doctor to remove ear wax when it’s not medically necessary may be required to pay Dipstick urine pregnancy tests performed in a physician’s office will only be covered by OHIP when it’s imperative to determine pregnancy to prevent patient harm Physician premiums for house calls will be…read more →

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