Since the first travellers visited the hot springs in Banff in the railway era of tourism, Alberta has been a compelling destination for visitors worldwide. More than 100 years later, tourism still plays a vital role in Alberta's continuing economic success and contributes to the social vitality of the province. Today, tourism in Alberta is comprised of 19,000 businesses, provides 127,000 jobs in Alberta and generates $8.1 billion in expenditures.
In our interdependent and interconnected world, it has become increasingly important for children to be able to foster a growth mindset to prepare for tomorrow’s problems. While not every child needs to grow up and become an entrepreneur, instilling an entrepreneurial mindset can be incredibly beneficial. If a child can become comfortable with risk and have a positive attitude towards failure, they will not be afraid to learn and share their creative insights.
When “working for the man” just wasn’t cutting it anymore, Justin Ladouceur and his partner Billy Kay believed they were capable enough to branch out on their own. Having grown up with exposure in and around construction sites, they decided to take a stab at it and forge their own path in the concrete business. Aside from skill and experience, the desire to build a better life for themselves and their families led them to starting their own concrete business, Advantage Concrete Solutions Ltd.
During summer in Alberta, festivals, rodeos, farmers’ markets, and other events flourish throughout the province. Edmonton in the summer is known as festival city, and with good reason – there are over 55 festivals in the capital region during the summer! Calgary is home to the Greatest Outdoor Show on Earth: The Calgary Stampede.
Last May we brought you the story of Sam Chow and his business, Hobblit: Calgary’s “Airbnb” for Activities. We know that in business, things are always changing, so we caught up with Sam to see what he’s working on now.
Our team at Business Link has been keeping very busy this summer. We have fully embraced festival season in Alberta by attending, hosting, and partnering on as many events as we can!
All of our team members are dedicated to visiting and serving as many cities, towns, and communities as possible to help clients start and grow businesses. They are often travelling around the province to ensure everyone has access to our services. Let’s take a peek at what they’ve been up to so far this summer!
We had the pleasure of introducing you to our client Massey Whiteknife, a successful Indigenous business owner, in the June 2016 blog post: “First Nation entrepreneur stays true to himself”. His tremendously successful company, ICEIS Safety, continues to grow while Massey also takes time to pursue other interests.
One of the most challenging considerations when developing a business idea is incorporating quality characteristics to make it successful. With so much clutter out there when searching for “successful business idea characteristics”, it was essential to create an improved list that echoes the thoughts of successful entrepreneurs.
Kyle Closen's roots are in the prairies. He grew up on a farm in Saskatchewan with fond memories of working at his grandparents’ upholstery shop, an experience that opened him up to the world of textiles. While he’s worked in other areas during his professional life – having been a truck driver and welder – he always came back to his passion of working with different materials and creating unique handmade items. He took the leap to start his own business in 2014 and Clo’s General Leather Co. was born.
When it comes to finding a home for your new (or even expanding) business, there is a great deal of truth in the adage of “location, location, location”. The commercial space chosen by a tenant can, in fact, be a deciding factor in the success or failure of the business.
Considering the importance of this issue, we have devoted an entire chapter to finding a space that is right for your business in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES (Wiley, 2013). Consider the following additional factors before signing a lease.