• Scientific Research & Experimental Development (SR&ED) Overview:

    Author: Paradigm Business Plans | | Categories: Business Consultant , Business Plan Expert , Business Plan Writer , Business Planner , Canada Small Business Financing Program , Entrepreneur Immigration , Immigration Business Plans , Marketing Plans , Small Business Loans , Small Business Plans , Writing a Business Plan

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    The federal scientific research and experimental development (SR&ED) program is a tax incentive program to encourage all Canadian businesses to conduct research and development (R&D) in Canada. In fact, the SR&ED program has been the single largest source of federal funding for industrial R&D performed in Canada for many years, and remains one of the …

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  • Starbucks Before COVID-19

    Author: Paradigm Business Plans |

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    Starbucks has developed dynamic and successful strategy that has created values to its stakeholders and shareholders. The company strategy stems in ‘Starbucks Experience’ (Grant, 2016). Starbucks serves the communities and strive to provide the best coffee and customer service to the member of the communities. The core of the strategy is in connecting with people; both the employees ‘partners’ and the customers. Each partner has been trained to know all the details about the coffee and empowered to connect to the customers who are visiting the Starbucks store to be treated differently (Michelli, 2007).

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  • Ontario Immigration Nominee Program (OINP)

    Author: Paradigm Business Plans | | Categories: Business Consultant , Business Plan Expert , Business Plan Writer , Business Planner , Canada Small Business Financing Program , Entrepreneur Immigration , Immigration Business Plans , Marketing Plans , Small Business Loans , Small Business Plans , Writing a Business Plan

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    Ontario Immigration Nominee Program (OINP) is a practical framework to recruit international talents (foreign workers, international students, business owners or entrepreneurs from outside of Canada) to apply for permanent residence in Ontario. The program falls under the province’s economic immigration program, which works in partnership with the Government of Canada through Immigration, Refugees and Citizenship …

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  • Owner Operator Labour Market Impact Assessment (LMIA)

    Author: Paradigm Business Plans | | Categories: Business Consultant , Business Plan Expert , Business Plan Writer , Canada Small Business Financing Program , Entrepreneur Immigration , Immigration Business Plans , Marketing Plans , Small Business Loans , Writing a Business Plan

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    The owner operator LMIA program is a great option for foreign nationals who are looking to become permanent residents and settle in Canada. A foreign national must own a controlling share (50%+) in an existing Canadian business or launch their own business in Canada in which they have a controlling interest. The owner operator LMIA …

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  • Supply Chain Disintermediation

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    Disintermediation could happen in any supplier/manufacturer and intermediaries (retailers or wholesale) relationships. The supply-demand imbalance creates an opportunity for the supplier to disintermediate and to reach out to other intermediaries or end users, to sell the products at a lower price that could create a price war between the intermediaries. This is an inherent risk …

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  • Human Resources Management

    Author: Paradigm Business Plans | | Categories: Business Consultant , Business Plan Expert , Business Plan Writer , Business Planner , Canada Small Business Financing Program , Entrepreneur Immigration , Immigration Business Plans , Marketing Plans , Small Business Loans , Small Business Plans , Writing a Business Plan

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    Human resource flow “HRF” fundamentally defines the inflow, outflow and movement of human resources “HR” within the company under full time, part time, or contingent contract structure, whichever would best suit the corporate strategy. Creating human resources talents’ pool, in line with the company’s competitive advantage, is responsibility of human resources department. The policies, best …

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  • Nonprofit Organization’s Governance

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    A Nonprofit organization’s governance relates to a broader range from perception, structure, legal context, accountability, quality, effectiveness, social capital and ethics. The role of governance in a nonprofit organization’s performance is inevitable. Funders and donors usually evaluate organization’s governance and its correlation to accountability, trust, social impact and performance prior committing or allocating money to …

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  • Corporate Governance and Due Diligence

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    According to The Three Pillars of Good Corporate Governance theory, corporate governance, due diligence and compliance programs are related and are key focus areas (Adams, 2004).

    Corporate Governance:

    Abramov (2011) states the corporate governance generally serves to encourage long-term planning, establish an effective management structure, promote integrity within the company, provide a framework for establishing and carrying out corporate objectives, and ensure that the interests of all relevant constituencies, including investors, employees and the general public, are not overlooked. A well-designed corporate governance regime delineates board of directors and officers roles and responsibilities to implement a control and audit process that maximizes risk management capabilities. “It is imperative that the company establish a governance structure that provides its management with the proper tools and knowledge to satisfy its duties to the company and its shareholders.” (Abramov, 2011).

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  • What is Strategy?

    Author: Paradigm Business Plans |

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    Strategy is about making decisions to differentiate in providing services and products to the customers. Such decisions, difficult in nature, outline the organisation’s success and failure. It would take a while the outcome of the decisions proves if the choices made were right or wrong. Developing strategy, not necessarily a straight forward process, is a mixture of science, experience and art. It takes comprehensive studies to come up with action-plans, clear communications to buy in the stakeholders and thorough implementation to ensure its efficacy. The prudent approach may suggest testing the developed strategy before full implementation to evaluate its effectiveness, short coming and drawbacks. This would add more clearance and confidence to the large-scale implementation.

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  • Organizational Resilience: non-profit versus for-profit organizations

    Author: Paradigm Business Plans |

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    The purpose of this blog is to compare and contrast non-profit and for-profit organizations on organizational resilience, which is the ability of the organization to respond to changes effectively and transform challenges into opportunities. The concept of resiliency is not a system capacity to withstand disruptive change, but also to adapt and transform to the market conditions.

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  • Personal Real Estate Corporations and New Advertising Terms

    Author: Paradigm Business Plans |

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    Government of Ontario introduced and amended regulations related to incorporations and advertisement terms on October 1st, 2020. The legislation has been amended to allow real estate salespeople to form Personal Real Estate Corporations (PRECs). British Columbia became the first province to allow for incorporation of those who trade in real estate in 2008. This was followed by Quebec, Manitoba, Saskatchewan, Alberta and Nova Scotia.

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  • Value Network Business Model; Amazon’s Success

    Author: Paradigm Business Plans |

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    Amazon strategy has been formulated around pursuing online commerce opportunities, in different segments, utilizing technology to create a powerful economic model. Long-term thinking, customer centricity, investment on infrastructure and focus on employees have been Amazon values as the CEO’s, Jeff Bezos’, clearly outlined in his letter to Amazon shareholders in 1997 when we apply retrospective approach (Amazon.com, 2019). Amazon has implemented value network business model successfully in the retail space to create differentiation in competing with brick-and-mortar stores since inception.

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  • GE as History

    Author: Paradigm Business Plans |

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    Jack Welch was chairman and CEO of General Electric ‘GE’ from 1981 to 2001. GE’s value increased by 4000% during his tenure. He is well-known to streamline GE by “Growing fast in a slow-growth economy” (Jack Welch, 2019). He transformed the company by selling unprofitable businesses, reducing management layers, laid-off non-performers, implementing six-sigma, conducting 600 acquisitions while shifting into emerging markets, pursuing lean manufacturing by trimming inventories, and dismantling bureaucracy. His Employee Management System ‘EMS’, which was called “rank and yank”, was designed to identify performers and non-performers. He would fire the bottom 10% of his managers and rewarded those in the top 20%. The EMS was adopted by other corporates as a resource management platform later.

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  • Leadership and Level 5 Leaders

    Author: Paradigm Business Plans |

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    Leadership can be hard to define, and it means different things to different people. It could relate to community, religious, political, and campaigning groups' leadership. Regardless of its definition, it is about mapping where we need to go to win as a team or an organization. It is dynamic, exciting, inspiring and a complex phenomenon that includes the interaction between the social environment of organizations and their leaders. It is more than just a skill, is has been conceptualized as a social process.

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  • Sustainability as Strategy

    Author: Paradigm Business Plans |

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    The increasing demand for sustainability in business, as result of enhanced social, ethical and environmental responsibilities, has turned sustainability strategic to corporations. Sexty (2017) defines sustainability strategy as “a plan that views economic, ethical, social, and environmental responsibilities more intensively and integrates corporate social responsibility (CSR) into all facets of the corporation’s operations.” The integration of ethics into corporate strategy would fulfill the corporations’ responsibilities to the society and make an enduring trust level between the society and the corporations. The corruptions and unethical behaviors of some corporations demonstrate that ethics is not widely practiced in some organizations.

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  • Paradigm Business Plans

    Author: Paradigm Business Plans |

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    Strategic and Custom Business Plan Writing!

    A systemic approach designed to develop the business plan. Five processes of data collection, data analysis, business plan design, business plan development, and business plan presentation are defined to gather, analyze and integrate the data.

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  • Paradigm Business Model

    Author: Paradigm Business Plans |

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    Management consulting sector is continuously evolving, and business models are emerging to respond to industry demand. Some major industry players such as McKinsey have developed innovative consulting business models that are disruptive in nature. Some have focused on change management and organizational processes, took a balanced approach to develop a new consulting business model based on value proposition, profit formula, processes, and resources. Paradigm Business Plans is adopting a simplified version of this balanced business model to serve its clients as this model is easy to understand and follow, both for the clients and the company.

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  • Canada Small Business Financing Program

    Author: Paradigm Business Plans |

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    The Government of Canada has implemented various financial instruments to support Small businesses. Canada Small Business Financing Program (CSBFP) is one of the financial programs tailored for small businesses. The Canada Small Business Financing Act (CSBF Act) aims to increase the availability of financing to establish, expand, modernize and improve Canadian small businesses. Lenders should refer to the Act and Regulations, as they constitute the legal authority for the Canada Small Business Financing (CSBF) program. They contain the procedures and conditions for making and administering CSBF loans and for submitting claims for loan losses.

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  • Business Social Responsibility

    Author: Paradigm Business Plans |

    Blog by Paradigm Business Plans

    Business ethics is cornerstone of corporate social responsibility. “Business ethics is the rules, standards, codes or principles which provide guidelines for morally right behaviour and truthfulness in specific situations” (Sexty, 2017). Corporate social responsibility (CSR) is a general management concern; that is, it is important to all aspects of business, and it is integrated into a corporation’s operations through its values, culture, decision making, strategy, and reporting mechanisms. International Organization for Standardization (ISO) has formulated standards for risk, quality, environmental, and energy management. Its ISO 26000 standard defined social responsibility as the responsibility of an organization for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour that:

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  • Management Consulting Landscape

    Author: Paradigm Business Plans |

    Blog by Paradigm Business Plans

    The vast number of SMEs operating in the Canadian economy suggests a niche market for the operators who would recognize the needs of SMEs and could offer customized solutions to meet their needs. Such services contribute to specialization, which is in nature strategic to SMEs’ businesses as there is a positive relationship between specialization strategy and small business performance.

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