The experts agree small and medium-sized enterprises need to invest in innovation to stay competitive.
“It’s essential in today’s world, and that’s regardless of industry,”
“You want to make sure that you stand out in terms of your key competitive advantages in relation to your other competitors in the market.”
Innovation, is “the introduction of something new. It can occur in the way companies are structured, in the products and services they offer, and in the way they develop, produce, market and deliver those products and services.”
when it comes to small and medium-sized businesses, which make up 97.5% of all Canadian companies, innovation is continuous and incremental.
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Aside from being able to stay competitive in the market, innovation in small and medium-sized businesses is crucial to economic development of Communities of Tomorrow.
“Innovation helps companies grow and expand, and when small businesses grow and expand, it has a significant impact on the economy through job creation [and] new tax revenues for government,”
“But one of the things that folks also don’t realize is that as companies grow, they also need to buy services from other companies in the province, or in the region, or in that particular city where they do business. Not only does their business grow, but it helps others around them grow and develop.”
That’s why we come up with innovation of FSBO listing at www.vijaygandhi.com
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