How BEBC is Helping Black Entrepreneurs in Canada

To be a start up owner means to take your destiny in your own hands. Also, being an entrepreneur means that only you will be in control of your future. Having a solid business plan in mind and executing those through a business is powerful. And running your own business needs emotional strength as well. But the road isn 't always easy. The journey of being an entrepreneur is full of learning experiences. If you are in Canada, you might know that the nation ’ s economy is hugely supported by the small businesses in the country. And if you are up for supporting the nation ’ s resilient business community through your start up, you ’ll find support from all arenas.

What is BEBC?

BEBC is the Black Entrepreneurs & Businesses of Canada Society. It is an incorporated and systematized voice for advocating and supporting the Black-owned businesses and Black entrepreneurship in Canada. In addition to their support, BEBC also helps in facilitating access to financing (Provincial, Federal and Local), and provides advisory and mentorship services to its members. Their goal is to provide aid to the Black businesses and help them grow, scale up and become sustainable.

Their Vision & Promise

Are you an aspiring Black entrepreneur in Canada? If yes, this is how BEBC can support you –

The BEBC society will get in touch with the federal, provincial and local governments to provide different aids to its members.

The society will facilitate access to capital for its members. They will also find out the right resources which are available and help its members to apply for the same so that nobody is left behind from getting adequate funding for their business. The BEBC society will also provide advisory and mentorship to its members which includes the ‘how-to ’ of business –starting, running, and growing.

The society will also take part in crosspromoting and networking on behalf of its Black Entrepreneurs and Businesses (BEBs) members.

The society will coordinate to gain collective access to professional services which is imperative for operational support towards the businesses like Lawyers, Marketing and Advertising partners, Accountants, etc.

The BEBC society will collect data and research thoroughly regarding the industries to support the Black entrepreneurs and businesses.

Do you wish to know more about them? Visit here https://www.blackentrepreneursbc.org/

If you wish to learn more about doing small business in Canada, do not forget to subscribe to our monthly CanadianSME Small Business Magazine.

WHY I.T. IS MORE IMPORTANT

THAN EVER FOR SMALL BUSINESSES

Have you ever wondered why technology is so important to small businesses? The answer is very simple. Technology saves labour and time and enhances business security. Because most business operations today rely on the latest technology, therefore, the corporate world cannot overlook the business benefits of technology. Businesses need technical support to keep their work updated.

Technology is becoming a staple of every startup. The use of technology in businesses has increased significantly over the past 20 years. Thanks to advances in computer technology and the Internet, SMEs are contributing more to the economy than they did in the past. Technology has made day-to-day business operations and tasks easier, providing tangible and intangible benefits to small businesses that influence corporate culture, attitudes, and performance.

New technologies have improved the security of small businesses by providing protected confidential information and transactional advantages. Here are some of the benefits of new technologies for small businesses.

Effective Customer Communication

Technology is critical to a company ' s

ability to communicate effectively with its clients. A small business ' s ability to grow depends on whether its employees can communicate effectively and sell its agenda to customers. The website allows customers to quickly find information about your company. Technology accelerates product shipments, allowing businesses to reach larger geographic areas.

Smooth communication between customers and companies leads to rapid growth. With the help of social sites, companies can sell their services to a large number of people faster and more conveniently. Good communication creates a good public image, attracting more customers. Thus, companies can improve their products to compete advantageously in the market.

Marketing

Technology has freed small businesses from the confines of print advertising when it comes to attracting new and existing customers. Internet marketing ranges from simple informational websites to search engine advertising and selling products online. Email marketing is an effective and affordable way to reach a large number of people with newsletters, coupons, or business news. Mobile marketing is a relatively new trend reaching people through text messages, mobile app advertising, and branded app delivery, connecting customers with what' s happening in your business in a fun and engaging way.

Productivity

Small businesses need to get the most out of their operations, and technology tools help employees get the job done faster, from printing marketing materials to customer service via email or online chat. The key is to keep your employees focused on using technology and using it appropriately to save time. Sometimes phone calls can be more effective and productive than email. Keep the right hardware and software up to date to keep your employees working at their best.

Security

Most businesses today are exposed to security threats and vandalism. Technology can be used to protect financial data, sensitive management decisions, and other sensitive information that provides a competitive advantage. Simply put, technology helps businesses move ideas away from competition. By using computers with passwords, businesses can prevent future designs from being copied by competitors.

Operations Efficiency

Technology also helps businesses understand their cash flow requirements and conserve valuable resources such as time and physical space. Warehouse technology allows business owners to understand how to better manage the cost of storing their products. With the right technology, executives can hold meetings online instead of at headquarters, saving time and money.

Mobility

Workspace technology virtually eliminates space and time. Videoconferencing technology allows businesses anywhere in the world to communicate with each other. Technology is cutting travel costs because businesses can host virtual meetings and share data without being in the same room. Technology enables companies to build a global presence at affordable cost.

Research Capacity

Companies with the technological capabilities to explore new opportunities will always be one step ahead of their competitors. In order for a business to survive, it must grow and seize new opportunities. The Internet allows businesses to virtually expand into new markets without the cost of a business jet or the risk of setting up an offshore plant.