June 27th, 2019


Business Beat: Don’t be afraid to let your inner entrepreneur shine

By Christie Wilson on June 26th, 2019

edc@mhc.ab.ca The value of entrepreneurship is much more than dollars and cents. While we often focus on the revenue generation of a business as a guiding marker of success, there are many added benefits to the practice of entrepreneurship than cash alone. The advantages of entrepreneurship cross over cultures, demographics and financial status. The ability ... Read More »

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Business Beat: Group taking action for business

By medicinehatnews on June 19th, 2019

Entrepreneurs, there is a new initiative underway! Are you ready to join the movement?   With a focus on existing and developing businesses, and a changing landscape to employment, our region is facing a shift in how we view economic diversity. A newly-formed consortium of business, governments, and service agencies called Invest Southeast Alberta is ... Read More »

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Business Beat: Why your assessment request for information form is important

By medicinehatnews on June 12th, 2019

In order to prepare an estimated value of your property an assessor needs to know about the physical characteristics and condition of each property. Providing this information is important, as this data is used to prepare not only your assessment, but the assessment of other properties throughout the city using a mass appraisal process. A ... Read More »

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Business Beat: An edible insect opportunity?

By Jon Sookocheff on June 5th, 2019

I was out for coffee the other day with an investor that I admire. He suggested I look into edible insects as an opportunity for Medicine Hat. So, I did. This is what I found. The edible insect industry started back in 2013, when the Food and Agriculture Organization of the United Nations released a ... Read More »

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Business Beat: You need a plan for your business exit

By medicinehatnews on May 29th, 2019

Last year the Canadian Federation of Independent Business reported that 47% of Canadian business owners are planning to exit their business within the next five years.  With statistics like that, if you are a business owner, there is a one in two chance that you are thinking of making an exit yourself. Eighty-one per cent ... Read More »

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Business Beat: Three days could change your business

By Tracy Stroud on May 22nd, 2019

edc@mhc.ab.ca Having worked with a variety of business owners in southeastern Alberta for more than a decade now, I feel very fortunate to have met many who are the best at what they do. From an engineer who sold one of her first sports technologies to Nike, to others who made a name for themselves ... Read More »

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Business Beat: The seven burdens of business

By Lisa Kowalchuk on May 15th, 2019

Canada has long represented a country of opportunity with businesses being the backbone of our economy, driving opportunity and prosperity forward. Within Canada 97.9% of all businesses represent small businesses, with 96.5% of our businesses locally representing small business in our region. These businesses have to make hard decisions everyday about labour, investment, cash flow, ... Read More »

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Business Beat: Medicine Hat continues to draw business investment

By Jon Sookocheff on May 8th, 2019

Area Development, a corporate site selection magazine, recently released the results of its annual executive survey to do with site selection plans and priorities. I read the report curious to see if U.S. companies plan on expanding to Canada. If so, where? And why? The survey says that 40% of corporate executives plan to open ... Read More »

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Business Beat: Female business owners continue to shine in 2019

By Tracy Stroud on May 1st, 2019

edc@mhc.ab.ca At the Entrepreneur Development Centre at Medicine Hat College, we help all students and recent alumni start businesses. When spring comes, however, I personally become more observant of female entrepreneurs and their accomplishments. I am not sure if it’s because March is National Women’s History Month and we look to nominate females for the ... Read More »

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Business Beat: The use of assessment tools in human resource management

By medicinehatnews on April 24th, 2019

Every leader in business faces the ongoing challenge of maximizing the potential of their team. The goal is to hire great people, develop great people and, ultimately, to keep great people. As author Jim C. Collins has famously explained, we want to get the right people on the bus and get them in the right ... Read More »

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