ISSUE 68 | AUGUST 2021
FINTECH
IN THE
YEAR
WITH TOP
PREDICTIONS AND TRENDS
THIS MONTH FOCUSING ON International Youth’s Day
Most Common Hr Challenges In The Modern Corporate Environment
Reasons Why You Need Mobile POS In Your Restaurants
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CONTENTS 05
M-rides, M-foodz & M-packages
07
How Innovative Technologies Impact The Business World?
09
Trends For Productive Human Resource Management
12
Eatery Owners Want Permanent Fee Caps
15
ration of State... Part Three
Part 2 - Success Vision For
28
Benefits Of Cycling For Weight Loss Mental Health & Legs
30
Biometric Payments TechnologyAn Innovation After Cash & Credit
32
Horoscopes
35
Botanical Gardens & Their Benefits For The Environment
37
What to Expect in Real Estate Market Post Pandemic Analysis
40
Amazon’s Advertising Rates Jump 50%
The Human Law, War and Sepa- 42
18
An Entrepreneurual & Key Characteristics To Cultivate
20
Event Calendar
Holidays and Observances in August 2021
22
August 2021 Leo
Fintech In The Year 2021 With Top Predictions Trends
44
5 Tips to Optimize Your Flexible Working System
Interview Leena Yousefi Founder Ylaw
48
How To Keep Your Customers Involved As They Are Part Of The Team
EDITOR'S LETTER Dear Readers, August issue is here with our 68th edition of the MBE Business Magazine. On the first Monday in August and, in some places, throughout the first week of August, various events are held to celebrate aspects of local culture, history and achievement. Many celebrations are low-key and are organized by community members. These include: making and distributing birthday cakes for the province; sports events; and communal meals, such as breakfasts, barbecues, lunches and suppers. Larger events include professional displays of fireworks, road races and cultural festivals. This 68th edition of MBE Business Magazine covers an important Article on Success Vision for M-rides, M-foodz & M-packages - A Key Business Ideology by Mr. Mansoor Naqvi; An insightful piece on How Innovative Technologies Impact The Business World by Mr. Mahmood Naqvi; Trends For Productive Human Resource Management by Mr. Alamdar; The human Law, War and separation of state, religion and businesses (Part Three) by Mr. David Ralph Mackereth; and other interesting articles are included in this issue. We hope you will find this issue just as interesting and informative as always. Our team has worked tirelessly to bring this issue to you through our digital and social media platforms. Your feedback is highly valuable to us, if you have suggestions or comments feel free to call us at 1-866-667-1377 or email us at info@mbeforyou.com to tell us what you think about this issue. For Ad placements and marketing related queries, please email us at digitalmedia@mbeforyou.com Thank you, Aurora Zabala, Editor In Chief.
Publisher MB Enterprises Editor-in-chief Aurora Zabala Senior Editor Peter Z. Vaisey Managing Editors Steve Montgomery Mahmood Naqvi Design Cynthia Tolson A. Khan Production, Technology & Print Simon Wilson R.J Advertising S. Hassan Shoeib Kamal Administration Alamdar Hussein Erum Asghar R. Adil HOW TO REACH US Website: www.mbeforyou.com Feed-back: 1-866-667-1377 E-mail: info@mbeforyou.com Mail: 100 Dynamic Drive, Unit 104, Scarborough, ON, M1V 5C4. Fax: 1-866-204-6888 MBE Business Magazine is a monthly issue business magazine published by MBE. Inc. Ontario, Canada. Printed by Vision Printers Contents © Copyrights 2017 by MBE, may not be reprinted without written permission. Subscribe / Unsubscribe or Advertise by emailing us at mbe-marketing@mbeforyou.com
Success Vision
For M-rides, M-foodz & M-packagesA Key Business Ideology Part 2 Syed mANSOOR Naqvi
PRESIDENT MBE
Apart from the business ideologies and defining the vision for
flows. An economy & business driven formula for higher
M-Rides, M-Foodz & M-Packages there are certain other
business investments that always is worthwhile for better
variables needed. One of them is the key significance
results.
associated with the cash flows and consistency in cash flows. All these factors influence the success of the businesses as
THE IMPORTANCE OF CASH FLOW FOR SUCCESS VISION:
investment is key especially in the initial stages. Having a
How important are cash flow for the success vision? This is a
diversified marketing strategy is the priority influence genera-
very common question as an investor or an entrepreneur, you
tor in cash flows, as it reduces the levels of associated risks.
might ask yourself with higher level consistency. The answer is very simple, because cash flow determines the importance
Hence, with due importance with regards to the group of
of generating profits and secondly, reducing the associated
people involved, the significance for cash flows is always icing
risk levels. Cash flow is also influential in determining a
on the cake. This is not only an affirmative scenario with
productive risk analysis and finding ways to reduce risks.
regards to the sustainability aspects, but as well for the
They help in risks reductions as divergence in investments is
nourishments of the future targets. Cash flows are deeply
directly linked with the cash flows.
influential for customer service that is always an edge in the newly started business. It always gives room for experimenta-
Highly integral in making fruitful predictions and finally
tion, bearing losses and training & development programs.
transforming them into results. This is vitally true for all the
These training and development programs always acts like a
three businesses, i.e. M-Foodz, M-Rides and M-Packages. As
fuel to a company's vision & ideologies. Ironically, an ideology
the nature of the three are the same, i.e. services industry
that always influences the desirable change that is needed
and there is a huge need of making true predictions. Obvious-
most.
ly, these are predictions with regards to the future business behaviors for M-Foodz, M-Rides and M-Packages.
The success of cash flow for market research is dependent upon the demographics. Depending on the locations where
While signifying the importance of cash flow for success, we
the businesses needs to grow and prosper, the importance of
must not ignore the consistency graph. This is for more
generating cash flow always counts. It also outlays a huge
consistent and accurate decision making while keeping an
dependability for segregation of investments in ratio with cash
eye on the company’s vision. Therefore, as a visionary
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
entrepreneur, there is a huge demand for consistent cash
es, i.e. M-Rides (commuting & ride-sharing), M-Foodz (Food
flows, which will always influence the positive results for the
Industry) & M-Packages (Courier Services). This consistency
company.
is always an influence generator for a clear vision with respect to the time frame. This is a time frame for let’s say a
CASH FLOW INFLUENCE PROFITABILITY:
period of five years or ten years. In this span of time, the
Cash flow highly influence the profitability levels and this a
alignment of the vision is very transparent for the businesses
good sign for the company’s future with the subsidiary
in the minds of the company think-tanks and higher manage-
businesses. Cash flow always ensure that profitability margins
ment.
are achieved on a consistent basis, thus making things easier for the investors and entrepreneurs. A twist in the tail is
Finally, this is always in connection with consistent cash flow
always good for profitable business results, and ensures the
& managing the cash flow effectively. Especially, with regards
margin of safety. Even though if the company achieves
to the changes in circumstances and keeping in mind the risk
break-even points the results shall make things safer for the
levels associated.
company’s future decision making. This is a scenario in most circumstances and is not the most wanted ones, but at least ensures safety levels for the firm.
HOW CONSISTENT CASH FLOW ALIGNS THE VISION? Consistent cash flow always are a breakthrough achievement in aligning the vision for the company. Same is the case that asserts for MBE Inc. with regards to its subsidiary business-
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MBE BUSINESS MAGAZINE AUGUST 2021
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How Innovative Technologies Impact The Business World
SYED MAHMOOD NAQVI Vice President | MB Enterprises
CONNECTION OF M-RIDES WITH TECHNOLOGY:
now to make effective usage of
technologies on the business world are a common debate in today’s
M-rides has consistently enjoyed a
difference or the only difference? For
business scenarios. This is especially
very useful connection with technolo-
some people it’s a huge difference,
vital after the recent happenings
gy in the business environment of
especially from the marketing point of
during the current pandemic
MBE. This is via making an effective
view and user convenience. The
COVID-19 where a series of
use of the mobile application for
technology factor is a massive time
lockdowns resulted in continuous
M-Rides which has made things
saver for the daily commuter, a person
business closures and losses. Hence,
convenient and faster for the consum-
who needs to be on the destination on
in unfortunate and unbearable
ers. The consumer mind is now more
time.
circumstances the factor that has
dependent on the usage of technology
played its part to balance the situation
than it was earlier. Let’s say, if we
Technology is also responsible for
has been technology. Whether you
discuss the scenario in more detail
passenger perks and for rider’s perks
need some essential grocery items or
some ten years back from today.
as everything is based on the frequen-
toiletries, the best solution via a
There was a monopoly of taxi rides or
cy of the usage. For the riders, the
technology app and you will find a
people getting the taxi service from
dependability is on the basis of good
rider in few minutes at your door.
taxi points or instantly while from the
customer feedback. All these scenari-
road. Things have changed positively
os were not there some ten years
since the last decade and it is easier
back from today. Therefore, as a
The ongoing impacts of innovative
technology. Is technology the
matter of fact, technology is a major W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
07
difference that should be cultivated
and being vaccinated is equal to
nities. The rate of self-employment
with time more effectively.
getting into the safe zone. The human
has declined more than before and
values needs to be analyzed more
people are working for different
THE POST COVID IMAPCTS & EFFECTS:
closely Post Covid-19, as the recovery
companies more than before. This
from the pandemic has already taken
positive impact has definitely caused
Post COVID-19, there was a huge
just more than a year’s time.
a sense of security in terms of the
danger of recession and that the
people’s employability. Ironically, a key factor that is responsible for
huge decline graph in terms of
THE EFFECTS OF TECHNOLOGY ON THE HUMAN RACE:
revenues generated. This is not only
After the launching of the ride-sharing
Surprisingly, even a pandemic like
true for Canada, but the rest of the
subsidiary M-Rides, things have
COVID-19 can’t bring financial
world as well as the pandemic has
changed a lot. Similarly, many other
recession of the order like before, and
seen some global devastations.
businesses are now outlaying some
cannot be a source of economic
However, the economy of Canada and
positive impacts on the business world
destructions like it used to be in the
many countries is expected to get
in Canada & overseas. The dependa-
past.
back to normal soon. Much to the
bility of the human race on technology
credit of technology that has been
is much higher as compared to let’s
The difference between today and few
really helpful in a fast recovery rate.
say a decade back.
years back is not only huge but its
Canadian economy will be facing a
This is vital as the consumer invest-
bringing stability to the economy.
impact is also massive in terms of the
ment is low and the returns they are
The effects of the technology has
technology applications. Obviously, it
reaping are much higher and faster.
changed many areas and sectors and
has made things sounder and more
Many things have changed for good
apart from this the focus has changed.
convenient for today’s consumer
recovery mainly due to the positive
The consumers are now more into the
requirements irrespective of the digital
impacts of technology on the business
variables of pricing, timing, conveni-
market needs.
world.
ence & shared excellence. Thus, the use of technology is automatically
We definitely need the vaccines for
generating higher income programs
better and much sustainable results
for people, and more income opportu-
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
Trends For Productive Human Resource Management SYED ALAMDAR HUSSAIN Country Head - MB Enterprises
Productive human resource manage-
Investing in Human resource manage-
of operations is always good for new
ment & the trends is the current need
ment will definitely turn out to be a
as well as the potential employees.
of the hour in the corporate world for
fruitful investment for future trends
Hence, ultimately it helps in creating a
effective business operations. It’s the
analysis. It is also a very detrimental
better work environment, keeping and
prolific role of the HR to make sure
substance with regards to the
recruiting excellent employees and be
that everything runs smoothly apart
sustainability elements in the field of
able to identify issues and the
from the factors that are important in
HR. Employees are considered a key
opportunities early on.
generating the revenue. In this case,
asset for the growth of the company,
effective standards are achieved
and investing in HR turns out to be a
Below are the few trends that can help
through the most efficient use of HR
safe factor for the employees. This
increase the productivity of your
tools that helps in future business
means business, as both the employ-
human resource department;
development and goals. This includes
ee and the employer comes on the
the handling of employee benefits,
same page for clear discussions and
recruiting and general interdepartmen-
collaborations. Gives the opportunity
1. EMPLOYEE WELLNESS PROGRAMS FOR FUTURE TREND SETTING:
tal relations that can have a direct
to boost employee morale, potentially
Employee wellness programs in
impact on the productivity levels and
leading to less absenteeism and
companies, especially multinationals
employee satisfaction.
employee turnover. The streamlining
helps significantly in achieving the
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
09
obstacles rising between employees and the employer. The
via the use of digital media tools. It is therefore a necessity to
programs are dedicated to support employee regards to their
merge the recruitment strategies with hiring strategies rather
job security aspects as well as giving employees a better
with a flexible eye.
earning environment. Taking good care of their basic rights, and simply understanding their right of say is all part of the
4. REMOTE TRAINING & DEVELOPMENT:
employee wellness programs.
As seen commonly during the pandemic, remote training & development has been a very common phenomenon lately. It
These programs are supported with employee benefits and
should be adopted more by companies for the sake of
perks, giving employees the due support they need and
bringing efficiency and effectiveness in training & develop-
higher employee empowerment.
ment programs. Remote training and development, a common synergy seen in MNC's, is slowly being diverted
2. EMPLOYEE EMPOWERMENT & OWNERSHIP:
towards smaller companies and medium sized enterprises. It
The employee empowerment and ownership brings in
significantly emphasizes the goals and strategies needed for
employees the trust factor as well as the confidence that is
better HR strategies. Seen as a HR tool that helps in focusing
necessary for the employees. It is one of the tools of HR to
on strategies of change management and sustainable
communicate smartly with employees and bringing them
developments.
close to company ownership and taking responsibilities at much higher levels. Being a solution provider helps in bridging
5. EQUAL OPPORTUNITIES & SOCIAL INJUSTICE:
the gaps between the employees and the employers. A sense
Equal opportunities for everyone irrespective of caste, color
of ownership is always a key factor which helps employees
and creed is a necessity in the light of modern HR practices
ponder more regards to their role and their prospects.
and trends. At the same time, having a stand on social injustice is a key responsibility of HR. This not only helps in
3. BETTER RECRUITMENT STRATEGIES:
the trend analysis on the way forward, but also creates an
Better recruitment strategies and designing hiring procedures
environment of trust in the employees. A work environment
are for the goodness of sustaining employees’ counts forward.
should be the shadow of equal opportunities and being fair in
It is a step that comes after a long time in a company.
every way while realizing the career goals of employees.
Especially, when the management starts realizing the
Every employee should be given the right of say while fighting
importance of crystal clear recruitment strategies for compa-
in any possible ways for social injustice.
ny’s sustainability targets and agendas. Keeping in mind that there are lesser geographical restrictions with regards to hiring strategies, i.e. interviews. Ironically, as interviews can be conducted remotely from the Internet
10
MBE BUSINESS MAGAZINE AUGUST 2021
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Eatery Owners Want Permanent Fee Caps STUART HIMMEL Staff Writer
Five Provinces forced delivery apps to lower charges during the pandemic
so (everyone’s saying) lets charge
first time and didn’t have the mecha-
triple for everything.
nism to offer delivery themselves.
Restaurant owners say food delivery
Her remarks come as caps on the
Ontario, Quebec, B.C., Nova Scotia
apps have taken too big a bite out of
fees charged by delivery apps have
and Saskatchewan temporarily
their revenues for too long.
been lifted or are edging toward
capped commissions between 10
Food delivery apps were forced to
summer end dates in several
and 20% for as long as stay at home
implement lower fees when dine-in
provinces.
orders or restaurant closures were in place.
service was closed during the COVID-19 pandemic, and restaurants
Food delivery companies typically
say the change should be made
charge restaurants a commission for
Asked whether they will consider
permanent if they are to recover from
every delivery, sometimes as much
extending their caps, the provinces
the crisis.
as 30% of the order cost. Fee caps
said the measures were meant to be
were added by five provinces after
temporary, though spokespeople
Sharon Bond, owner of Westbank,
dining rooms were forced to close
noted additional measures like patio
B.C.’s Kekuli Café, stated that I hope
months during the pandemic,
allowances continue.
they do keep the lower fees because
increasing their reliance meal
if does help a lot. Costs have gone up
delivery apps to pay their bills since
When the pandemic struck, Bond had
tremendously. We’re in a pandemic
many were offering takeout for the
little choice but to use third party
12
MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
apps for the first time to deliver bannockwiches and tacos to
If fees return to previous levels, the group said governments
customers of her Indigenous restaurants.
should consider how to ensure prices are reasonable.
She wants B.C.’s 15 % cap to stay because it helped the
Toronto restaurateur Chief Bosompra believes the sweet spot
restaurant survive and prevent staff layoffs, but she said it
for fees is between 10 and 15%, but admits even 20% is
will be months until they’re serving a full dining room again.
acceptable.
Kevin Edwards, the chief executive of SkipTheDishes, wants
Given how many people are affected by the fees, he would
to see restaurants rebound from the pandemic, but called the
like to see an industry working group giving app companies,
prospect of a permanent cap “scary”. There’s no chance
restaurants, couriers and cities a venue to discuss how fees
we’re going to be able to maintain our platforms with these
and policies can be fair to all.
commission caps, he said. “It’s like a gift and a curse” he said of delivery apps. “We SkipTheDishes charged restaurants a 25 % commission on
need them and they know we need them so they’re really
meals to prior to the pandemic, but when the crisis began, it
squeezing us.”
used a rebate to ensure local, independent restaurants pay less than 20% in commission while dining in is suspended.
He first encountered delivery app commission’s months into
New restaurants joining the platform during the restrictions
the pandemic, when he opened Aunty Lucy’s, a burger joint
were not charged any commission for 30 days and those
named after his late Ghanaian grandmother, who died on
using their own staff for deliveries received a 10.5 per cent
opening day.
commission. As a Black entrepreneur getting into business after the death Meanwhile, Uber, which typically charges a 30% commis-
of George Floyd, his restaurant was given prime spots on
sion, dropped fees on pickup to zero, online ordering to 7.5%
same apps, but simultaneously charged higher commissions.
and 15% for restaurants doing their own delivery.
He increased prices because of high fees and the rising cost of beef, chicken and lettuce.
When asked about caps, the company said in an email that if operates at a “negative margin” and fees don’t provide profit
But there’s only so much you can really charge for food and
for Uber, and the company needs to be able to cover
the profit margins are pretty slim. Things are becoming more
operating costs.
expensive and then when you have to pay 20 or 30 %, it just makes things really tight.
Provincial caps, Edwards said, were enacted with little consultation or notice and didn’t consider existing relief programs or more pressing needs of small businesses. For example, he said many of the caps didn’t zero in on independent restaurants alone, so national chains and other successful brands accounted for between 50 and 60% of the rebates Skip gave out. If caps continue, he imagines it will be even harder for delivery services to expand to new markets and manage costs. “The customer is going to have to bear the burden” he said. “You can’t not be viable”. But the higher fees weigh on restaurants, especially as they try to recover from a crisis, said the Canadian Federation of Independent Businesses. The organization, which represents at least 110,000 small businesses, said in an email that it trusts major food delivery apps will keep their fee structures at current or even lower levels.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
13
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The Human Law, War and Separation of State, Religion and Business Part Three
DAVID RALPH MACKERETH dmackereth@canimac.com
Michael Ignatieff, in his 2003 ‘The Lesser Evil: Political Ethics
entropic form of human activity. After all, there are only two
in an Age of Terror’ grabs our attention; “The war waged
things you can do with a missile – use it for destruction, or
against terror since September 11 [2001] puts a strain on
store it until it becomes obsolete and has to be scrapped.”
democracy itself, because it is mostly waged in secret, using
Jeremy Rifkin, Entropy: A New World View (1980)
means that are at the edge of both law and morality.” In 2007 Naomi Klein provided a disquieting statistic. “[From March 20
Rifkin’s observation makes clear that war could be considered
to May 2, 2003] the U.S. military dropped more than thirty
a ‘Make Work’ project, and if ‘War’ exemplifies a ‘Make Work’
thousand bombs on Iraq, as well as twenty thousand
project; it then resembles a ‘Socialist’ rather than a ‘Capitalist’
precision-guided cruise missiles – [an astonishing] 67 percent
approach to a Nation’s economy. In addition,” Trade should
of the total number ever made.” (8) Many would consider the
not be used as a weapon of war in times of peace. It’s a war
New York terrorist attack in 2001 (approx. 3,000 dead), as a
that everyone losses.” as reported in Anonymous [Miles
‘History Defining Event’. We are further enlightened in ‘The
Taylor], A Warning (2019)
Shock Doctrine’, “As of July 2006, according to the most credible study, the war in Iraq had taken the lives of 655,000
“Has commerce hitherto done anything more than change the
Iraqis who would not have died had there been no invasion or
objects of war.” Alexander Hamilton, Federalist Paper Number
occupation.” (8) Erich Fromm, writing almost forty years ago,
6 (1787), and having the results of the arms trade hidden
in 1981, emphasised, “[…] the most fundamental decisions –
from the population of the arms manufacturing countries, all
those of foreign policy which involves peace and war – are
we: “[…] really do is export our horrors elsewhere where we
made by small groups which the average citizen hardly even
don’t have to look at them.” Adam Gopnik (4)
know.” (3), and that is considered an example of a ‘Democracy’.
The historical record of wars has primarily been written by the victors. The following chart may revise our appreciation on
“On 11 September 1973, after an extended period of social
why other WWII participating countries may have an alterna-
unrest and political tension between the opposition-controlled
tive view, taking into consideration their extraordinary human
[Chilean] Congress and the socialist President, as well as
(especially civilian) losses.
economic warfare ordered by U.S. President Richard Nixon, a Military
group of military officers […] seized power in a coup, ending
Civilian
Total (A)
civilian rule.”, as reported at Wikipedia – 1973 Chilean coup
Soviet Union
9,750,000
14,250,000
24,000,000
d’état
China
3,500,000
16,500,000
20,000,000
“Above all, if we want to combat terrorism effectively, we must
Germany
5,500,000
2,200,000
7,700,000
realize that nothing the terrorists do can defeat us.” Yuval
Japan
2,100,000
750,000
2,850,000
417,000
2,000
419,000
45,000
Nil
45,000
Noah Harari (2) “In the end, warfare, and its preparation, are the most highly
United States Canada
(A) Website for The National WWII Museum in New Orleans, Louisiana W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
15
“There is no flag large enough to cover the shame of killing
“Nationalism is an infantile disease. It is the measles of
innocent people.” Howard Zinn (1922 – 2010) Esteemed
mankind.” Albert Einstein, Interview by George Sylvester
American Historian and Social Thinker
Viereck (1929)
At www.bbc.com on March 7, 2019, we uncover the following:
A couple of past American Presidents contribute their
“President Donald Trump has revoked a policy set by his
approaches to War. Jimmy Carter (Democrat) indicated in his
predecessor [President Obama] requiring US intelligence
1976 Presidential Campaign, “We cannot be both the world’s
officials to publish the number of civilians killed in drone
leading champion of peace and the world’s leading supplier of
strikes outside of war zones.” Noticeably hiding the truth of
arms.” While President (1981 – 1989) Ronald Reagan
War from the population! Many U.S. drones are used in the
(Republican) wanted America to, “[…] present to the world not
‘War on Terror’, and Elliot Ackerman brings to our attention in
just an America that’s militarily strong, but an America that is
his ‘Time’ article (October 2019): America’s Forever War
morally powerful.”
[Afghanistan]: “[…] we live in a highly militarized society [U.S.] but one which most of us largely perceive to be at ‘peace.’”
“A benevolent man would not even take from one man to give to another, let alone seek territory at the cost of human lives.”
The United States, Russia and Britain have demonstrated the
Mencius (372 – 289 BCE)
need for wars to maintain their influences in the arena of international oil. Naomi Klein, one of the world’s leading
(1) Rights of Man, by Thomas Paine (1791)
public intellectuals and environmentalist, provides excellent
(2) 21 Lessons for the 21 st Century, by Yuval Noah Harari
considerations: “Which is why many have speculated that
(2018)
Russia’s high-risk military involvement in Syria [since 2015] is
(3) On Disobedience and Other Essays, by Erich Fromm
partly driven by a desire to get oil prices back up.” (9) –
(1981)
“Saddam did not pose a threat to U.S. security, but he did
(4) A Thousand Small Sanities: The Moral Adventure of
pose a threat to U.S. energy companies, since he had
Liberalism, by Adam Gopnik (2019)
recently signed contracts with a Russian oil giant and was in
(8) The Shock Doctrine: The Rise of Disaster Capitalism, by
negotiations with France’s Total, leaving U.S. and British oil
Naomi Klein (2007)
firms with nothing […]” (8) – “[…] it has become increasingly
(9) No Is Not Enough: Resisting Trump’s Shock Politics and
difficult to discern where the oil and gas industry ends and
Winning the World We Need, by Naomi (2017)
the British Government begins.” (10)
(10) This Changes Everything: Capitalism vs. The Climate, by Naomi Klein (2014)
“A forerunner of the modern corporation was created in the
(11) The Challenge of Things: Thinking Through Troubled
seventeenth century with the formation of the British East
Times, by A.C. Grayling (2015)
India Company which, backed up by the British military, opened the floodgates of colonialism.” McKnight, Block and Brueggmann, An Other Kingdom: Departing the Consumer Culture (2015) “Organized by the CIA [US], MI6 [UK] and the Iranian Imperial Army, the 1953 Iranian Coup deposed the democratically elected Prime Minister Mohammad Mosaddegh.” Adbusters Number 129 (2017) A.C. Grayling provides further background on the continuous turmoil in the Middle East; “We certainly need reminding of the First World War’s responsibility [1919 Treaty of Versailles] for what is currently happening in the Middle East.” (11) “The frivolous matters upon which war is made, show the disposition and avidity of Governments to uphold the system of war, and betray the motives upon which they act.” Thomas Paine (1)
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AN ENTREPRENEURUAL & KEY CHARACTERISTICS TO CULTIVATE DMM DEPARTMENT MB Enterprises
One is not born as an entrepreneur,
passage of time these are significant
engineering success on a daily basis.
but develops and cultivates skills that
challenges and changes that needs
An entrepreneur must have higher
are a necessity to amalgamate in the
cultivation. This is similar to cultivat-
levels of control with them that can be
system as a ‘Business Leader’. The
ing a crop for better results and
a necessity for their concrete and
importance of business leadership
higher profitability levels.
synchronized decision making.
not only demands consistent
Cultivating business decision making
success, but also brings closer the
Highly necessary in an entrepreneuri-
in the system must come naturally,
values of trust in entrepreneurs.
al mindset is the attitude of a leader
i.e. as second nature for a successful
Exemplary leadership, style that
irrespective of his earnings and his
entrepreneur. It’s like a ship that
attracts people as mentors and
spending. A positive attitude is indeed
needs to be made steady especially
survival of the fittest are few qualities
the right pathway for other business
when the sea has the tendency to get
that are key ingredients for an
leaders to follow on similar traits.
rough. Remembering the saying
entrepreneur. What demands
Entrepreneurs should develop in
‘Time & Tide Waits for No Man’
entrepreneurial success are the
them the ability to take failure as far
variants that can change w.r.t. the
as they can take success. This is
1. A POSTIIVE MENTAL ATTITUDE:
industry and the size of the econo-
indeed a necessity for pure flexibility
Having a consistent positive mental
mies? However, it’s important to
reasons and having a larger under-
attitude for much better entrepreneuri-
realize that there are some character-
standing of the business world.
al success is good for sustainable
istics that are constant for an
Business is all about profits and
and profitable results. These are
entrepreneur. However, with the
losses at the same time while
results that matter for entrepreneurs
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W W W. M B E F O RYOU. C O M
while they sustain their business for even higher profitability
what he needs to say and how to deliver the message for
levels. The key is positivity, even in the darkest of scenarios.
better results. Results don’t need just being better, however,
Fluctuations in business circumstances is a common thing
bigger as well regards to the magnitude of investment.
especially in this current era. Hence, an example of this is the
Improvisations in business communications are cultivated for
current pandemic, a virus that has caused huge business
entrepreneurial success with the passage of time as well as
losses for entrepreneurs. However, their entrepreneurial
experience. Every experience is an enrichment for entrepre-
abilities and passion to cultivate characteristics has helped in
neurial success and brings an entrepreneur closer to his true
the survival. Known in the corporate business world as
worth. A value that he has managed to create for himself
survival of the fittest. Ironically, is needed more than anything
being trustworthy in communications.
to maintain a positive balance.
4. OUTSTANDING MOTIVATION & DRIVE: The key aspect that cultivates positivity in the mindset of an
Outstanding motivation & the drive to get to your goals is
entrepreneur is his ability to neglect the negativity. In other
highly critical in the business world. For an entrepreneur and
words, ignore the negative elements while seeing at the
his success abilities the motivation holds values of success
brighter side of the things. The light is bright at the other side,
apart from values of hard work. It’s like the fuel that drives
however, you need to be there with a planned and positive
your business and gives your business the edge that you
mindset. Look forward at things with a clear mindset and a
have always desired.
different perspective. This is while doing a comprehensive risk analysis of all situations. Ultimately, a friendly environ-
A characteristic that needs massive cultivation with good
ment is a positive environment.
profit margins. Apart from the margins, it’s mandatory for entrepreneurs to make higher targets for their ultimate
2. A CREATIVE MINDSET:
success. It’s an energy that needs to be cultivated by the
A creative business mindset is a very true asset of an
help of others involved, i.e. the employees, and customers.
entrepreneur. The element of creativity if cultivated with delicacy can bring tremendous results. This is true for
5. LEARNING FROM YOUR FAILURES:
business entrepreneurs who knows the right time for
As part of the entrepreneurial learning parameters it’s a
business expansions is and how businesses needs to
necessity to learn from your failures. Cultivation of this
expand. An element that takes an entrepreneur to new
unique ability helps to sustain losses and know the value of
heights w.r.t. to swimming along in diverse streams.
fruitful investments. Makes you more prone to understand risks and losses and being experimental in business to much
Creative elements in the business world are cultivated with
higher extents.
the help of diversity and thinking out of the box. It’s highly critical for an entrepreneur to think wise before taking a
6. BUSINESS DECISION MAKING:
critical business decision.
Entrepreneurs know the value of decision making more than an average employee. However, it’s important to analyze
3. EXCLUSIVE COMMUNICATIONS ABILITY:
business decision making through more refined cultivation.
Having exclusive communications ability and using business
Refined decision making & cultivating values will give much
communication for success is a characteristic that needs
better and sustainable results for future business decision
cultivation. It’s absolutely vital for an entrepreneur to evaluate
making.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
19
AUGUST
EVENT 2021 CALENDAR 2 AUG
MONDAY
Heritage Day
2 AUG
MONDAY
Civic/Provincial Day (Public holiday)
2 AUG
MONDAY
British Columbia Day
On July 1, 1867, Canada became a self-governing dominion of Great Britain and a federation of four provinces: Nova Scotia; New Brunswick; Ontario; and Quebec. The anniversary of this date was called Dominion Day until 1982. Since 1983, July 1 has been officially known as Canada Day.
The first Monday of August is a holiday for people in many parts of Canada. It is a statutory holiday in some provinces and territories but in others it has another legal status. It is often called the August Holiday, Civic Holiday, Provincial Day, or other local names, such as Terry Fox Day in Manitoba.
The first Monday of August is known as British Columbia Day, BC Day or B.C. Day, in the province of British Columbia. It is a statutory holiday and gives Canadians in the province the chance to celebrate their achievements or relax with friends and family members.
4 AUG
WEDNESDAY
The Royal St John's Regatta (Regatta Day) The first Wednesday of August is Regatta Day, a local holiday in Newfoundland and InLabrador, also known as “The Largest Garden Party in the World”.
10 AUG
TUESDAY
Muharram/Islamic New Year (Tentative Date) Many Muslims in countries such as Canada observe the start of the Islamic New Year on the first day of Muharram, which is the first month in the Islamic calendar.
16 AUG
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MONDAY
MBE BUSINESS MAGAZINE AUGUST 2021
Discovery Day Yukon’s Discovery Day is celebrated in territory of Yukon, Canada, on the third Monday of August. Also Klondike Gold Discovery Day, it commemorates the anniversary of the discovery of gold in Yukon. It differs from Newfoundland and Labrador’s Discovery Day, also known as Cabot 500 Day.
W W W. M B E F O RYOU. C O M
CROSSWORD PUZZLE SOLUTION
MONTH JULY
M A G I C
A A R G H
A F E W
R I V E
E A S E
L E O X
T R A L A
T E N O R S
K N I E N E K B A L S O T T I S
W W W. M B E F O RYOU. C O M
M A J S A S A P D D U K E O O A L I E B R E E N O N E A S H I N G T O O O L Y N O U N T Y L I U P F R I O T O O T Y W C
R O M
I S C A E V A W N I N S A C H
S H A H H U E E D T A
S N A R E S
U Z U T E R I A N L L S U X O R
T E O N O L L S
T R I N I
E L C I D
R E E D S
MBE BUSINESS MAGAZINE AUGUST 2021
21
INTERVIEW WITH Leena Yousefi FOUNDER YLAW
By Alex Derry Courtesy: www.canadianbusiness.com
YLaw Founder Leena Yousefi Is Building a Better Kind of Workplace "Providing autonomy and flexibility is going to help businesses become more profitable"
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Canadian Business gives these leaders—and those who
Why did you open your own private practice?
want to learn from them—the resources, networking opportu-
Over the course of my early career I was told by peers and
nities and inspiration to innovate, connect and continue to
colleagues that I’m irrational, crazy, a loser, unprofessional, or
challenge the status quo. One of the ways we are doing this is
I’m never going to make it. In 2013, I left the firm I had been
through launching the Canadian Business Leadership Circle,
at for two years and opened my own practice. I had about
CB’s leader-in-residence program where each month we
$10,000 in savings that just paid for renting 200 sq. ft. of
engage a different C suite-level executive making an impact
office space and a couple of computers. I worked my butt off
in their field. As part of the program, readers will have the
day and night—I was a full-time lawyer for eight hours of the
chance to connect with these progressive-minded business
day, I would come home and work for another eight hours on
execs for mentorship and professional development through
marketing. Then, within two or three years, I got to a level
exclusive content, virtual fireside chats and more.
where I couldn’t service all the people who were coming to me, so that started the expansion. Slowly, I started implement-
Joining us as leader-in-residence for June is Leena Yousefi, a
ing the things that people had called me crazy for, such as
multi-award-winning lawyer and the founder of YLaw, the
hiring women on maternity leave or part-time, single moms,
fastest growing female-led law firm in Western Canada—and
offering unlimited vacation to staff and having a massive
the first one of its kind to introduce a four-day work week.
digital presence. Every single policy and major decision that
Here, Yousefi speaks with writer Alex Derry about running a
I’ve made so far has paid me back tenfold. My aim right now
different kind of law firm.
is for YLaw become the test kitchen of the legal profession’s
What sets YLaw apart from other Canadian boutique firms?
future, and I hope to change it for the better.
We’re trying to move in the opposite direction of the way that
What trends are you seeing in the kinds of cases you take on?
traditional law firms are run. The priority for many firms is
Immigration brings out separation in a lot of situations.
making as much money as possible and it’s created a very
Spouses who immigrate to Canada from a country with a
unhealthy environment. It’s not working anymore, either for
different culture, laws, and gender or racial discrimination
clients or for lawyers. At YLaw we are moving back to the
realize they have rights, can work and can do better. That
human aspect of practicing law: Our lawyers’ bios include
might run up against the family dynamics they had in their
photos of their children and pets, and what makes them
home country, creating differences between the couples that
happy. We’re bringing a more personal approach forward for
results in separation. If a Canadian resident marries someone
our clients, who are typically going through emotional
in India and brings them here, disputes can arise if the
difficulty.
What drew you to a career in family and immigration law? I was kicked out of university in the second year of my undergraduate degree. I had failed five out of eight courses and I was going through depression and anxiety, having just emigrated to Canada from Iran. I moved here as a teenager to a new setting where other students didn’t want to be my friend because I looked different and didn’t speak English. That type of rejection and shock had a huge impact on my performance at school and life in general. I was lost, numb and confused. One morning, my mother came to me and said: “It looks like you’re not getting anywhere, so I can get you a job at my bank as a teller.” That jolted me to work as hard as I could and prove everybody, including myself, wrong. I realized I’m good at arguing and writing. I ended up getting straight A-pluses and got accepted into 11 out of 12 Canadian universities. I chose the University of Victoria to continue my education because that was the university that initially gave me my chance and accepted me back after being expelled. The rest is history!
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
23
person who comes here files for divorce. The Canadian
cent in just two months. I’ve done so many surveys of our
resident usually claims their spouse used them for citizenship,
staff trying to find out if it’s working for them and the uniform
while the newly landed spouse may view it as: “I came here to
response is that they’re more productive, focused, happier
a very financially controlling and belittling spouse, and I no
and loving life because that one day off gives them the boost
longer want to be with them.” It’s phenomenal how much
they need to better serve our clients.
immigration law causes family law issues, and as you can imagine, COVID-19 has only made this more challenging. We
What does being in a leadership role mean to you?
handle both family and immigration law because we under-
I think feminine business practices are the future, in balance
stand how the dynamics intersect.
with masculine ones. If you look at our society right now—New Zealand Prime Minister Jacinda Ardern, Germany
How has COVID-19 affected your firm’s practice and workplace culture?
Chancellor Angela Merkel or Dr. Bonnie Henry—women in
As far as our business goes, we have doubled in size since
into business with an empathetic yet assertive approach.
COVID-19. There are so many inquiries coming in that we
Being in a leadership role is such a blessing in this time
don’t have enough lawyers for clients who want to retain our
because there is so much untapped potential. I’ve dedicated
services. But I don’t want these kinds of cases—they’re tragic.
over 1,000 hours of my time since last year mentoring other
Separations are so much more difficult to deal with during the
women—junior lawyers, students—to show them that it can
pandemic. We’re doing our best to serve those clients, but it’s
work. Especially since I have an infant, and I’m doing all this
been difficult.
while being a mother who isn’t cutting corners. Women with
leadership roles are doing wonderful things. They are coming
children are usually looked at as a liability, but I think they’re As far as our workplace culture goes, it’s been incredibly
an absolute asset for success.
positive. The implementation of remote work at the beginning the office five days a week? There are no other female-led
How are you managing these challenges of being a new mom and running your firm during lockdown?
law firms of our size in Canada that have implemented a
To be honest, sometimes I’m not. I don’t have a fairy tale
four-day work week mainly because there’s a huge fear that if
story that’s any different from what other people are going
you work one less day, you’ll make less money. Astonishingly,
through in the pandemic. It’s hard and, at times, horrible. I
we’ve increased profits by 10 per cent and staff size by 33 per
often go to bed thinking I just want to give up, and then I
of the pandemic raised the question of: Why do we work at
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W W W. M B E F O RYOU. C O M
What supports and resources should be implemented to help establish gender equity and inclusion in the Canadian workplace? It’s mutually beneficial for businesses to stop being so rigid. That rigidity is losing women. In my business, I tell women they can work at any time from anywhere in the world if they’re meeting clients’ needs. If you need to take time off and tend to your children, do that. Providing autonomy and flexibility is going to help businesses become more profitable. If you don’t, you’ll lose great talent.
What are the biggest issues facing women pursuing a legal career and what advice do you have? Fear is the biggest issue. Recently, an articling student came to me and said that at her law school, a partner from a law firm gave a seminar saying that you can’t be talking about work-life balance in an interview or you won’t get the job. That even a woman wearing a wedding band may be looked at as a liability. These people are planting fear in you. Women have internalized that we must put up with things that are wrong to ensure our security. It’s time for us to join together, be unafraid and support each other so that we can create environments that allow us to be more powerful.
wake up in the morning remembering that I’m a fighter. I’m a person with a lot of vulnerability and fragilities. Before COVID, I would balance myself with yoga, travelling, seeing friends or getting away from it all. These days, I sometimes feel extremely claustrophobic and unable to balance myself because so many of these options have been taken away. Anytime that happens, I apply two techniques: First, I close my eyes and imagine myself a year from now when none of this is (hopefully) going to matter. I look back and say to myself, “that was tough, but I’m okay now.” I speak to myself as if I’ve come to me for advice, because I find that I give better advice to others than I do to myself. Second, I try to take myself into nature.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
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BENEFITS OF CYCLING FOR WEIGHT LOSS MENTAL HEALTH & LEGS
DIGITAL MEDIA MARKETING MB Enterprises
Cycling holds many advantages for
As far as health benefits are
body work out which includes legs, but
the environment and health benefits
concerned, cycling is highly preferred
also is good for chest and shoulders.
for cyclists in the longer run. All in all
with regards to the weight loss
Cycling if adopted as an activity holds
regards to the environmental sustaina-
activities. This is along with mental
key advantages as the flow of blood is
bility it’s really a positive move to
health and fitness as well as exercise
faster and as a cyclist your enjoyment
happen. According to environmental
for legs. If done regularly, cycling
factor is always on a high.
researchers, a huge percentage of
helps a lot in weight loss and calorie
people are moving towards cycling as
management activities. These are also
Along with being environmentally
a mode of transport at work. This is
good for cardio exercises for people
friendly, cycling is the cheapest mode
especially true in Scandinavian
having heart issues.
of transport. Highly beneficial if you
countries and many other countries in
love to have an occasional cycle ride
Europe that includes Belgium &
According to health experts, it is not
to work while having your routine
Netherlands, also known as Holland.
only good for weight loss, but brings
exercise at the same time.
In Scandinavia, the countries with
fitness levels at par. Improves the
most cyclists as daily commuters
mental health of many people who
includes Denmark and Norway as the
love to exercise and look for innovative
1. CYCLING PROMOTES WEIGHTLOSS SIGNIFICANTLY:
country adapting to most environmen-
ways of exercising. This is apart from
An activity that promotes weight loss
tally friendly activities.
jogging and walking on a daily basis.
with significant results if undertaken
Not only is a huge positive for lower
on a much regular basis. A very
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simple equation regards to weight loss
blood pumping round the whole body.
and public transport along with the
is that calories out should be more
Ironically, burns the calories and limits
time.
than the calories in, i.e. calories taken.
the chances of being overweight. One
Cycling is an activity that burns
of the most recommended forms of
calories to a very prominent extent
exercises that are highly recommend-
and helps in immediate weight loss.
ed by doctors to cut risks to heart
5. CYCLING ENCOUNTERS SLEEP ISSUES- ‘HELPS YOU SLEEP BETTER’:
The calories that are burnt ranges
diseases and cancer.
An exercise or a mode of moving around, whatever it is, however, it
between 400-1000 per hour while depending on the intensity & the
A study conducted by University of
helps you have a good night’s sleep.
weight of the riders.
Glasgow by a group of researchers
Not only that, it helps towards
was done over 275,000 individuals,
improving the sleeping habits for
2. HOW IT BUILDS MUSCLES?
over a course of 5-6 years. The study
those especially who are struggling
Amazingly, a very good exercise for
found that for people going to work on
with their sleep patterns. This is
building muscles. This is because of
cycling on a regular basis can be
naturally, as cycling makes you tired
the resistance element of cycling. This
really helpful. In fact it cuts down the
and at the end of the day helps you
means that it doesn’t just burn fat, but
risk of cancer and heart diseases to
get a good night’s sleep.
also helps in building muscles. The
half. These are great results that can
areas in lower body that are highly
be achieved just by taking cycling as
According to a research conducted by
influenced includes glutes,
the mode of transport to work. It also
University of Georgia, men and
hamstrings, quads and calves. To
helps a great deal in cutting down
women from 20 to 85 years old over a
make muscles regularly, one has to
work pressure as well.
long research period, i.e. 30 years.
build a monthly or weekly program for
The research found that a drop in
cycling. Such a program will not only
4. HOW CYCLING SAVES TIME?
fitness levels of 2% for men and 4%
help in weight loss via a routine. But,
It saves time to a great deal and saves
for women has sleeping problems of
will also help you develop this activity
you from many expressions that are
various kinds. These includes sleep
as a daily routine that helps for your
for example: get in the car, queue to
disorders e.g. hypersomnia, sleep
muscles sustainability.
get into the car park, pay to park etc.
apnea and insomnia as being the
Commuting to most place nearer at
most famous ones. Cycling improves
3. SIGNIFICANTLY CUTS HEART DISEASES & CANCER RISKS:
home via cycling can be very helpful
this sleep condition for a better night’s
as it is a huge ‘Time Saver’ along with
sleep, and can be a permanent
Cycling is an exercise that significantly
being a fitness exercise. Short
solution for growing sleep problems if
cuts heart diseases and risks to
journeys via cycling not only contrib-
the exercise is taken consistently with
cancer. Cycling raises your heart rate
utes massively to global pollution
determination.
and also at the same time gets the
levels but also saves cash or patrol
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BIOMETRIC PAYMENTS TECHNOLOGY- AN INNOVATION AFTER CASH & CREDIT DMM DEPARTMENT MB Enterprises
Payment handlings and transaction
trusted and most secure methods of
security has always been a unique
payment transfer, as the biometric of
VARIOUS PAYMENTS METHODS & THEIR EVOLUTION:
interaction between the customers
any individual shall always be the
Cash, and its importance will always
and businesses. The new idea and
most unique. Not only unique, it is in
stay there being the most fundamen-
innovation in technology is the
fact the only thing that is used for
tal payment methods, either in form
involvement of biometric payments
even the closest family members to
of currency or liquid cash. It will
technology. It all started with cash
be distinguished. Ongoing research
always stay as the key part of the
payments, later switched to credit,
in the field of biometric payments and
economy. Whereas technology will
and moved to more secure, robust
secure payments is coming up with
keep playing its part regards to the
and innovative measures in payments
new and latest methods of much
various identity verifications. Either
handling. The various means are
safer payments options.
it’s in form of an automated system
simply to increase the security
call on your mobile for security
intelligence involved, the speed as
In other words, simply, your business
combinations, or in any other form.
well as the convenience factors. All
is secure in your own hands, and you
Hence, with time, this aspect will
these are challenges that have
can move trillions of dollars on just
keep transforming, but towards higher
increased the means of payments.
your fingertips. The idea was simple,
levels of security. Just over the last
This is to such an extent that they
however, the implementation always
decade we have come across so
can come in form of a credit card all
needs some doing that can be
many different forms of authenticity.
the way to Apple Pay or biometric
termed as extra measures.
These includes swipe debit and credit
payment. For a biometric payment, as
cards, to the integration of contact-
the name suggests, the use of
less payment methods.
fingers, i.e. finger prints are needed for payment processing. The most
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However, this year, the pandemic COVID-19 and its regulatory health and safety guidelines have highlighted the impact of contactless payments. These are payment methods where the card doesn’t even need a swipe or a password, and payments gets deducted just by placing the debit or credit card on the mobile or POS device for rapid Wi-Fi-payments. A huge upgrade regards to no-touch technology as contactless actually means simply having contact with your debit or credit card.
ROLE OF BIOMETRIC PAYMENTS FOR YOUR TRANSACTION ECO-SYSTEM: Similarly, like the highly pivotal role of contactless payments, the bio-metric payments also plays a very key role for the transaction eco-system. As we dive deeper into the biometric technology method using a unique physical feature for authentication. The technology has surprisingly moved forward from just fingerprints. This is a move forward towards facial recognition, to even voice and eye-scanners. This can also be using more than one of the checks thus making things even securer to combat the most intelligent minds, e.g. the most intelligent hackers. For a diverse group of customers, businesses and payment processors, the application is even more appealing. This is given the speed, ease and the security it provides for each transaction. In addition to all this, the peace of mind for customers, entrepreneurs and rich tycoons is at the peak of its height. Everyone can realize the significance of a transaction when they are dealing with biometric mode of payments as authentication methods.
HOW PEACE OF MIND MATTERS IN COMBINATION WITH BIOMETRICS? ‘Peace of Mind’, a terminology commonly used for safe, intelligent and highly secure payments. This is along with the usage of return policies in the retail industry. However, peace of mind for the customers who are important and VIP customers is actually regards to their health and heart matters. A healthy mind is a component of many unique things multiplied together. At the same time, the mental health is concerned with being happy and healthy from the heart. Therefore, from safety and a secure point of view, especially regards to transaction safety is entirely concerned with ‘Peace of Mind’ matters. The role of the technology in this regards is vital, improved and with some unique answers. One of them is biometric payments, and the innovations in payments technology.
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horoscopes
august 2021 leo Leo is the fifth astrological sign in the Zodiac. It starts on
You will be more patient, more perspicacious, and tenacious.
July 23 and ends on August 22. Leo is an excellent comrade
You will treat all the aspects, both private and professional,
and adviser, an ally, and an honest friend. Leo could never
with a lot of responsibility.
harm someone because their spiritual nobility is endless.
Is 2021 a lucky year for Leo?
Which months and days are lucky for Leo in 2021? The planetary aspects of March and April will make the
As reported by the Leo horoscope, 2021 will be a year of
Leos very creative, original, and inclined towards discover-
new projects, opportunities, and new horizons. Your
ies. Also, those who work in the research domain are very
business flair will be very sharp, and you can take advan-
likely to obtain unexpectedly good results. You can count on
tage of different facilities.
your intuition since it seems like you don’t fail by following your heart.
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
Throughout 2021, you have the chance to become a leader at
Health:
work. It is possible to have the opportunity to lead a team or
This depends whether your natal chart contains planets in
to receive a promotion within the same company. This
Cancer, and if so, digestive or dietary matters may need to be
opportunity could also generate a bonus at the end of the
attended to May and July.
year. 1-9 August births could be prone to infections. Those with In your sentimental life, your strong personality makes you
planets in Virgo could find mid-August to early September,
very popular. Make sure not to ignore the needs of your
bronchial areas could be weak.
partner, turning the relationships into something selfish.
What should Leo eat in 2021? If you allow your partner to discover you, you will let your
Health is vulnerable until October, which is why you should
generous and loving nature shine. This year, you may
permanently take care of yourself.
consolidate your current love relationship. Since Pluto is well established in the health segment, it
Finances:
means that at any moment, it can sanction you if you make a
You have the opportunity to increase for personal money flow
mistake in your thinking, attitude, words, or acts.
this year through the work you do. You should be cautious, follow a healthy and suitable lifestyle,
Career: Will Leo get a job in 2021?
and inform yourself properly regarding your general state of health.
Although luck is smiling upon you financially, you should adopt rather prudent or conservative strategies. The money will not fall out of the sky following a lottery win, but through work, productivity, and inventiveness. Although you have no reason to be tight on money, you need to manage carefully and smartly your income and expenses budget. There is no reason for major changes in your job, but the way you go about it will need to be more professional this year. May could bring some changes, and most probably involve traveling or being outdoors. The last 6 months are better than the first.
W W W. M B E F O RYOU. C O M
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33
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BOTANICAL GARDENS & THEIR BENEFITS FOR THE ENVIRONMENT ‘Botanical Gardens hold valuable attachments and essence to a city’s environment. It’s always an attraction to hear the
DMM DEPARTMENT MB Enterprises
PROMOTES MENTAL HEALTH & WELL-BEING: Apart from being an environmental advantage & a plus point
chirping of the birds while taking a fresh walk in the pathway
it is highly advantageous to go regularly to gardens and
of the gardens. Also, discovering the relevant & interesting
botanical parks. This expands one’s quest regards to botany,
statistics on the history of different plants and trees. The
if you are a botanist as well as if you generally want to have a
colorful blooms and the sweet fragrance in the air always
good know-how of trees and plants and their related history.
makes you feel good and fresh especially being an early bird.
However, having said that Botanical gardens are a huge
This is especially true, if you feel restless and very eager for a
source of promoting mental health & well-being. There are
change of scenery or a significant change in background.
numerous studies and research that shows that being
Why you prefer a garden visit today is something as part of
outdoors is good for the mental health, good for memory and
your own preferences. However, these are some of the key
being attentive. According to a relevant research in Stanford
advantages associated with the benefits of botanical gardens.
University, a 90 minute walk in a natural setting, as compared
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MBE BUSINESS MAGAZINE AUGUST 2021
35
to walking in an urban area is far better for handling depres-
even a yoga or meditation session. It is indeed a massive
sion and mental illness issues. At the same time, a University
booster regards to your mental attitude and your motivation
of Michigan study found that group nature walks were highly
levels. Also holds different sort of events that are good for the
linked to better moods, i.e. even after losing a job or having
activity levels and increasing your fitness levels to much
marital issues. Also includes, having family problems or
higher scales. This is primarily due to the energy level they
encountering academic issues while you are a student.
hold and gives you the true feel of nature. You would definitely
Improves effectively your thinking paradigm and your emotion-
love to take your dog for a walk if your nearest botanical
al strength in highly critical circumstances.
garden is dog friendly & holds the beauty you admire.
HOW THEY ARE GOOD FOR ENVIRONMENT PROTECTION?
Apart from all these activities, there are relevant cultural
How they are good for the environment is an interesting thing
the flowering exhibits, botanical gardens frequently offer
to evaluate for the environmentalists and people who adore
cultural events, for example musical performances or art
nature walks. Public gardens are generally good for the
exhibits. Also shows renowned sculptors and statues, which
environment in multiple ways as they conserve endangered
are an attraction for the tourism values attached with the
plant species through the use of living collections as well as
gardens.
activities according to the demographics. This is apart from
through seed banks. At the same time gardens benefit pollinators like the butterflies, honeybees, bats and birds. All these play an important role in the protection of crops and maintenance of health of other plant life.
GOOD FOR INCREASING THE ACTIVITY LEVELS: Botanical gardens are also a huge source to increase your activity levels as well as a great place to get your heart rate up. Whether you love a jogging session, a walking session or
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What to Expect in Real Estate Market Post Pandemic Analysis
SYED HASSAN Royal Le-Page, Royal Brokers As we enter Stage 3 in Ontario which
the perspective on living arrange-
started July 16th 2021, this is good
ments.
news for everyone. Condos became unpopular, due to Hopefully we are putting the
COVID-19 spread and social
COVID-19 Pandemic behind us.
distancing and stay at home orders. Closure of downtown cores and
The Real Estate Market was one of
Universities and educational institu-
the few sectors that remained active
tions put pressure on housing in
and busy during the Pandemic,
outskirts and distant cities.
Condos will be back in demand: Both for rentals, sale and purchases as their price
especially house prices. House Prices rose up to 40% in certain
Travel restrictions and immigration
range, affordability and activity will be come
areas. We have seen an uptick in
restrictions causes change in
back to the core areas.
prices which we have not seen in a
Investment priorities to housing
couple of decades.
instead of Condos.
Let’s analyze what happened: During the Pandemic, families need
Now what can we expect in months to come:
More activity in the Condo market due to the
more space, as everyone was
The price of homes skyrocketed!
above reasons.
staying home.
Now there will be a slowdown in
The commercial market is and will be
house sales and prices.
challenged for some time as businesses
As the downtown core, travel and Universities open, this will give the Condo market a boost.
Work and study from home changed
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suffered during the Pandemic.
MBE BUSINESS MAGAZINE AUGUST 2021
37
down payment, good credit and job security. Condo rentals
Author: Syed Hassan, Broker, Royal Lepage Exceptional
will get a boost while housing rentals will be weak.
Professional and Educational Background
This is the time to slow down and take professional advice.
B.Sc. Electrical Engineer, Real Estate Broker, Financial
Don’t speculate!
Advisor, IQCS Certified Lead Auditor & Consultant for ISO
Getting mortgages will be tough. They will require more of a
Management and Environmental Standards, Certified Total You can wait to sell a condo. This is a good time to sell resale
Quality Manager.
houses as the market will be stable for quite sometime. Professional Experience and Affiliations MB Group of companies, Royal Le-Page Exceptional, Royal Brokers, American Express Bank of Canada, Budget Rent a Car, Moody’s, SGS, PIQC.
38
MBE BUSINESS MAGAZINE AUGUST 2021
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AMAZON’S ADVERTISING RATES JUMP 50% STUART HIMMEL Staff Writer
Brands spend more to get eyes on products during lockdown shopping surge Amazon.com Inc.’s advertising rates jumped 50% in May from a year earlier signaling the online retailer’s rising profitability should continue through busy periods like summer
sale Prime Day and the holiday
Big brands like Proctor & Gamble and
shopping season.
Clorox are bringing billion dollar advertising budgets to Amazon to
The rise in rates, reported by industry
maintain their dominance as sales
researcher Marketplace Pulse, may
shift from stores to websites. They’re
give lawmakers and regulators
duking it out with small brands of the
momentum in their effort require
sort that have trouble breaking into
Amazon to pay higher taxes and push
physical stores with limited shelf
merchants on the e-commerce
space, but have a fighting chance
platform to raise prices at a time they
online if they pay to be seen on
are grappling with higher costs and
Amazon.
other inflationary pressures. The cost per click for Amazon search
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MBE BUSINESS MAGAZINE AUGUST 2021
The pandemic fueled surge in online
advertising was $1.16 May, up from
shopping has triggered greater
75 cents a year earlier. That’s driven
advertising competition on Amazon
the average advertising cost of each
where global shoppers will spend an
Amazon sale to more than 30% of a
estimated $578 billion (U.S.) this year
product’s price, up from about 20% a
according to EMarketer Inc.
year ago. Amazon’s advertising
W W W. M B E F O RYOU. C O M
revenue in the U.S. alone will surpass $20 billion this year,
Even at higher rates, Amazon advertising is a good buy
according to EMarketer, as it continues to nibble away at the
compared with other forms of digital marketing like
market share of Alphabet Inc.’s Google, the leader in digital
Facebook’s Instagram and Google because shoppers on the
advertising.
e-commerce site are ready to buy.
Prices will continue to rise over time. Smaller brands trying to
Amazon has to be cautious about pushing rates too high or it
enter the market, it will be increasingly expensive to do it
may lose its reputation with shoppers for competitive prices.
when they are up against established brands who are willing
It’s becoming very expensive to sell products on Amazon.
to pay to protect market share. The long term risk is merchants bring their inventory to The competition is also greater from deep pocketed aggrega-
Walmart or Target when they can sell for lower prices.
tors who are buying up popular Amazon brands in hope of becoming consumer brand conglomerates in the digital frontier. Companies such as Thrasio, Perch and Branded have announced debt and investor funding exceeding $2 billion to buy and expand Amazon brands, with advertising a key tool for growth.
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41
FINTECH IN THE YEAR 2021 WITH TOP PREDICTIONS TRENDS
DMM DEPARTMENT MB Enterprises
Fintech, a celebration in the world of finance and financial
a daily basis. This is variably inform of money withdrawals
technology is coming up with new predictions and trends in
from ATM, using the virtual cards, money transfer through
the year 2021. A vital fact is that the landscape of fintech is
mobile payments and making payments via the digital wallets
changing with a very rapid speed which is quiet surprising.
plus many more. This is with the inclusion of more
This is something that is being witnessed with each passing
cutting-edge technologies, it’s the horizon that is expanding
day, as we are encountering a radical change in the Fintech
and changing rapidly every day. Apart from the horizon, the
Industry. These are very key transformations as they are
applications and use of technology has changed many things
directly impacting everything that is related to payments,
and made things easier for the consumers. In support of the
money and banking.
consumer’s ease, the security aspects have changed significantly, i.e. towards being more secure and safe in terms
As a very common consumer of banks and the banking
of transactions peace of mind.
technology, people experience the fintech transformations on
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HIGHLIGHTING THE TOP FINTECH TRENDS AND PREDICTIONS IN THE YEAR 2021: ARTIFICIAL INTELLIGENCE: Machine learning & Artificial Intelligence is the new age
as a very reliable and safe measure. An aspect that has taken security in the banking operations to the next level. Not only provides the consumers, but also the institutions with the growing confidence that the data is safe and highly protected.
phenomenon in digital banking & support of fintech. Almost all the global banks across the world are now looking to
This is also a major fact that the biometric industry is in its
incorporate the use of AI in their operations. This is according
transformation stage. It is not only that, but the industry is
to an anonymous research, AI will bring reductions in 23.5%
also witnessing some major shifts for example the usage of
of the bank’s operational expenses by the year 2033. This is
biometric sensors. At the same time, in the upcoming years
in the next twelve years this rapid development means a huge
the biometric solutions are all set to overtake the touch-based
percentage decrease in reductions in banking operations.
biometric solutions.
Hence, increasing the use of technology to a significant extent.
REG-TECH: Reg-Tech is an abbreviation for Regulatory Technology. As
Another effective usage of AI or Artificial Intelligence is to
the name clearly identifies it is the management of the
manage cyber-crimes in a much more orthodox way. This is
processes that are regulatory in the financial industry via the
through the identification of financial frauds and threats that
use of technology. There are three major functions that are
are increasing with the growing innovations in the world of IT.
deeply involved in Reg-Tech and these involve reporting,
Artificial Intelligence has already proved to a great extent that
monitoring and finally compliance. The last two ones being
how useful it is and it has been. Furthermore, how more
the major ones in terms of security aspects and relates to
useful it can be in managing the customers via the use of
high-level monitoring. The Reg-Tech apart from being
cutting-edge client service solutions. An example of such a
regulatory is something that empowers companies with the
technology is Chatbots. Therefore, it’s only a matter of time
power of advanced software. The effective usage of the
that the banks and the Financial Institutions will be adopting
software can definitely make the process of compliance much
the technology for the same good reason.
simpler with the existing regulations and laws.
BIOMETRIC SECURITY SYSTEMS:
Hence, the rise in the digital products has also increased the
This is yet another use of fintech, known as BSS or Biometric
level of frauds. This includes money laundering, fraud
Security Systems which has brought mobile banking services
activities, as well as cyber hacks and data breaches.
and banking to our fingertips. At the same time, there are a huge number of security concerns that have risen, as the cybercrimes related to banking are increasing on a daily basis. The BSS or Biometric security systems have emerged W W W. M B E F O RYOU. C O M
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43
5 Tips to Optimize
Your Flexible Working System ENTREPRENEUR.COM
In the not-so-distant past, flexible working was not very
process. This begins with asking for their input on whether a
common. It was something only the very hip companies
flexible work policy is needed and extends to exactly how to
implemented while most others believed it just wouldn't be
implement it. For instance, although the most popular type of
right for them. The public health disruptions of the past year
flexible work arrangement is allowing employees to work from
have changed all that. Now, flexible working is the norm and
home on certain days (better known as telecommuting) there
most employees won’t even consider a company if it doesn’t
are also other types — flexible work periods, compressed
have some type of flexible work policy.
workweeks, job sharing and reduced hours arrangements. Be sure to engage with your employees and gather their
According to a Harvard Business School study, 81% of
opinions before implementing any plan. This will help to
surveyed professionals either don’t want to go back to the
ensure that they have a sense of ownership regarding the
office or would choose a hybrid schedule post-pandemic.
plan and will likely keep them more motivated than if the
However, putting a great hybrid working plan in place is not
policy was just handed down from management.
as easy as just saying “you can work from home two days of every week” and leaving it at that. To be sure that you are
2. Test and track
getting the best results for the company and also keeping
When you have decided on which type of flexible working
employees happy, here are some of the steps you can take to
arrangement to implement, it is important not to be too rigid in
optimize your flexible work strategy.
the implementation. Have a test period where you try out different nuances to the main plan to see which one balances
Charting DEI efforts
productivity and employee satisfaction best. You can even do an A/B test with different employee groups to see the results
1. INVOLVE YOUR STAFF
of different arrangements.
The first thing you must do when setting up a flexible working policy is involve your employees in the decision-making
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MBE BUSINESS MAGAZINE AUGUST 2021
It will be important to track the results of these tests religious-
W W W. M B E F O RYOU. C O M
ly and continue to track performance on an ongoing basis.
companies looking to give their employees the very best tools
This helps you make accurate and fact-based decisions on
to perform their roles excellently even in unorthodox circum-
how to change the plan in the future and will also make it
stances.
easy to engage employees and other stakeholders to get their buy-in for those changes.
Companies must ensure that they drill beyond marketing hype to find the right tools for their specific use case, in terms
3. Train your employees
of the companies plan and the employees’ satisfaction. This
Staff must be trained on working efficiently in the new
covers everything from ergonomic furniture to cyber-security
arrangement. Depending on the kind of work your company
software, and although it might require the investment of
does, the skillset needed to do the work in the office might be
sizable funds and a bit of time, the investment will certainly
no different from the skills they need to work productively
pay for itself by boosting the bottom line.
from home, but that does not mean there isn’t a need to train your staff. The ability to work without the stricture of the
5. Keep feedback channels open
workplace keeping distractions in check, for instance, is
As the company is keeping track of progress with its flexible
something that many employees will need help with.
work plans, employees will certainly be doing the same, too. Oftentimes, though, the metrics will be markedly different,
Also, many managers who might excel at taking charge of
with the company prioritizing income and the bottom line
teams they see on a day-to-day basis might falter when it
while employees are prioritizing their health (especially
comes to leading remote teams. Getting those managers
mental) and job satisfaction.
trained on the nuances they need to implement in their leadership strategies will likely boost their — and their teams’
Companies need to facilitate consistent engagement to make
— productivity significantly.
sure that management and the company are aligned on how the flexible working arrangement is working and what, if
4. Provide the right tools
anything, needs to be changed. That’s how you will be able to
The number of companies allowing telecommuting has grown
build a healthy company culture that’ll make the flexible work
by 159% over the past year according to Dreamshala. Along
system work, promote employee satisfaction and boost
with that rise, there has been a corresponding increase in the
productivity.
variety of software and hardware solutions available for
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45
CROSSWORD PUZZLE
LET'S HEAR IT FOR THE MOOSE
ACROSS 1 Argue against 6 Discount rack abbr. 9 Bread spreads 14"My Fair Lady" character 15 Shade 16 !Roxie's dance partner in "Chicago" 17 Diminutive pitcher with jerky moves? (2 wds.) 20 "Gross!" 21 Glove compartment item 22 Male fliers 23 Short punch 24 Baseba 11 stat 25 Good warmup at Safeco Field? (2 wds.) 34 "American______,, 35 Hammerin' Hank of major league baseball 36 Rowboat need 37 August to Auguste 38 Stalemate in chess, e.g. (2 wds.) 39 "Que __ ?" (What's up?) 40 " _____ Doubtfire" 41 Last Supper question (3 wds.) 42 Controversial conservative org. that circulates model laws 43 Good way to get to first base? (2 wds.) 47 Hearth residue 48 Delivery vehicle 49 Portuguese town where six apparitions of the Virgin Mary were reportedly seen 52 _______-tac-... 53 ... -tac-_______ 56 17-, 25-, or 43-Across (3 wds.) 59 Play up to the max, as a radio 60 Forever and a day 61 Join forces 62 Nymph chaser 63 _______sauce 64 Trails Down 1 Mortgage adjustment, for short 2 Basic util. 3 Defraud 4 Terrorist's weapon 5 Beatles tune with the Ii ne " ...be
thankful I don't take it all" 6 Breakfast chain with lots of links? 7 "Ay, there's the ___ .. :': Shakesp. 8 Country singer McEntire 9 Infested 10 ______ Brothers (Banking giant that folded in 2008) 11 Gen. Robt. ________ of Civil War fame 12 Neighbor of Yemen 13 Needing a lift 18 George Herman Ruth, fa m ii iarly (with "the") 19 Stay out of sight (2 wds.) 23 Th row over, as a romantic partner 25 City known for its Heat 26 Decorate
27 Debunk? 28 Forearm bones 29 Painter Andrea del_______ 30 Gray matter 31 Aussie "bear" 32 Stand for a portrait 33 Warning ______ 38 Respiratory disorder often caused by allergies 39 Lowly chess piece 41 One who knows the scoop 44 Diner 45 Tel______ 46 Like some shoes and boots 49 F.D.R:s Scottie 50 Amo, amas,________ 51 Roll call calls 52 Minuscule
See previous issue answers on page # 21
53 Nincompoop 54 Swearing-in words 55 " ... only have _____ for you .. :' 56 Literary monogram 57 Moo_gai pan 58 It makes men mean (2 wds.)
HOW TO KEEP YOUR CUSTOMERS INVOLVED AS THEY ARE PART OF THE TEAM DIGITAL MEDIA MARKETING
MB Enterprises
Involving & engaging your customers
ful brand adopt a different approach
customers always keeps them
is part of the latest customer service
as well as take the time to engage
engaged and feel them wanted. Just
strategies that are vital for a highly
with their customers. This is while they
as they say ‘The Customer is Always
interactive environment. If they are
have customer opinions and key
Right’, the customer response is most
part of the team, you should have a
suggestions on board.
acknowledged. This is especially with
decent know-how to keep them highly
regards to customer needs and giving
tions. Just like your interactions with
CUSTOMER INVOLVEMENT VIA AN E-MAIL SYSTEM:
the team, there should be fruitful
Customer involvement through an
engagements with the customers in
e-mail system is itself a huge compli-
USING EMOTIONAL INTELLIGENCE FOR A LONGLASTING RELATIONSHIP:
any feasible form as preferences are
ment regards to customer-brand
‘Emotional intelligence’ is a key factor
generated by the company.
relationship. This is through gift cards
that can spark dynamic and long-last-
involved for better customer interac-
them their due importance.
on memorable occasions, maintaining
ing relationships in the customers
Customer involvement for a highly
relationships via e-mail notifications
regards to the branding significance.
smooth customer relationship and
and promotions, and asking consist-
This can be achieved with good effect
maintaining branding strategies
ently for feedback. A good and
in form of an in-depth market analysis
always helps in future. Many success-
interactive feedback system from the
that will allow you to learn how to
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connect with your target audience. Hence, it is vitally in order
media based technology is very commonly used to find what
to boost customer loyalty and developing an effective pricing
customers are looking for. In short what they want to stick
strategy. Obviously, this is one of the most proven and
with the brand, and how customer retention can be used for
approved methods of building emotional connections with
retaining most wanted customers.
customers. This is while ensuring that they know that they are not dealing with simply masked corporations. On the contrary they are actually dealing with people who have emotional
Using technology to ask your most acknowledged customers
values with them.
to improve your services and brand image is indeed a great thing on part of the brand. The power of technology, and the
Celebrating with your customers and involving them every
Power of Customer feedback are both merged together to get
day in your celebrations is a vitality. This can be in form of
best results. These are results that are supportive and highly
celebrations of the brand’s silver jubilee or a Golden Jubilee,
regarded in the markets due to the power of the combination
or an anniversary of a new product launch. Also includes
of both.
celebrating success of a brand that has been successful with record breaking sales.
MANAGING COMMUNITY FOR YOUR BRAND: The existence of virtual forums and communities allow the
Furthermore, as a brand ambassador, you feel your utmost
businesses to engage directly with customers. This is inform
duty to offer huge discounts to your regular customers and
of relevant discussions that relates to the industry, answering
the most important players. Rewarding your customers for
question in detail and updating them on important develop-
their loyalty and keeping a good relationship will also be a
ments. Also, includes sharing other relevant information while
huge encouragement for customers in the future.
using the social media tools.
HARNESSING THE POWER OF TECHNOLOGY:
The major social media networks that are used are Google+
There are a large number of companies that harness the
Communities, Facebook, and LinkedIn all providing you the
power of technology and use social media and online
ability to create communities for your business.
platforms to answer customer queries. They also use technology for the sharing of business related content. Still there are many other ways to use virtual tools to your advantage. Social
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MBE BUSINESS MAGAZINE AUGUST 2021
49
(HONS), B.L, LL.M, OLUBUNMI LL.B BARRISTER, SOLICTOR & NOTARY NPUBLIC OGUNNIYI
FisNhD A Chips Tel: (905) 655-5544 Address: 67 Baldwin St. N Brooklin, ON L1M 1A3 Website: www.stanleysfishandchips.com
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MBE BUSINESS MAGAZINE AUGUST 2021
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MBE BUSINESS MAGAZINE AUGUST 2021
51
INTERNATIONAL YOUTH’S DAY THE GLOBAL VALUES ATTACHED TO THE YOUNG WORLD
DMM DEPARTMENT MB Enterprises
International Youth’s Day will be celebrated on 12th August
When the young people are given the opportunities to
2021’ globally and holds huge values attached to the agendas
contribute to the society in terms of their roles. They feel more
and aims for the development of Youth. The first International
empowered and keener for future development activities that
Youth’s Day was observed on 12th August 2000, since it was
are centered on the shoulders of youth. The problems of
first initiated. This is with special attention to the development
youth are discussed and covered globally in form of seminars
of Youth in Canada and the rest of the world in light of the key
and conferences, as these are related to the future develop-
activities of WHO, i.e. The World’s Health Organization &
ment strategies for the younger world. These strategies also
UNICEF.
includes mental awareness programs, youth problems w.r.t. their age groups and problems that are categorized as
Youth are the backbone of society and their future is like
generalized youth problems according to demographics.
oxygen for the future development strategies of a particular
Examples includes youth problems in Canada that can be
nation or a society. Today’s young girl, is future’s mother, and
different as compared to youth problems in Asia for example,
on her shoulders are the responsibilities associated with the
Russia, India or China.
future of tomorrow.
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MBE BUSINESS MAGAZINE AUGUST 2021
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A society plays an integral role in the development strategies
UNICEF is an organization that is linked with the United
of youth and are focused deeply on the personality develop-
Nations while recognizing the efforts of the youth on a global
ment of the youth. These are developments that initiate since
scale. Key efforts are being made globally regards to child
the teen ages and covers vital aspects regards to the
trafficking and child labor which is most common in African
problems faced by young people while growing up.
and Asian continents and International Youth’s Day is a key
RESPECT FOR THE YOUTH:
observance in this regards.
Respect for the youth and integrity levels attached to the
CELEBRATING A CULTURE OF SAFETY & SECURITY:
youth is a necessary element that is recognized globally. This
A culture of safety & security for the children & youth is highly
is with special attention to respect for children & their privacy
demanding especially in countries like Canada, U.K, Italy,
while they are growing up. Hence, in this case, it is the vital
USA, & the Nordic countries. All these countries realize the
responsibility of the parents to make sure that their children
importance of International Youth’s Day to be celebrated on
are respected and treated fairly.
the 12th of August while these countries realize the importance of a safe work & study culture for the youth globally. It’s
According to WHO, the vital need for respect for youth arises
their basic right that needs to be given to them in the light of
in the developing nations which includes India, Pakistan, Sri
many other activities regards to managing safety & security.
Lanka & Bangladesh where the youth are mistreated and
Issues related to these especially in the developing world
their rights are violated. This violation is regards to the
includes children being deprived of their basic rights of
disrespect & being used for child labor and slavery. World
education, and child abuse being a very common curse in the
Health Organization & UNICEF, i.e. United Nations Internation-
developing world.
al Children’s Emergency Funds are working 24/7 in countries of Africa & Asia. This is with regards to the rights of youth and
All these are center of attraction and agendas of discussions
their mistreatments and the violation of basic rights in
regards to Int. Youth’s Day to be celebrated globally.
education.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
53
MOST COMMON HR CHALLENGES IN THE MODERN CORPORATE ENVIRONMENT DMM DEPARTMENT MB Enterprises
In the modern corporate environment
company. This is in parallel to making
dedicated HR department. The
the number of HR Challenges are
firing or layoff strategies as part of
department is totally focused on the
growing and holds key importance for
the maintenance of HR policies
activities of the people, i.e. the
training & development aspects. This
regards to the staffing policies in
employees. The factors that are
is also due to the fact that the role of
place. Ensuring strict disciplinary
considered are discipline, training &
HR has grown significantly in
measures in a company is part and
development and hiring procedures.
corporate environment due to their
parcel of the HR strategy and their
Apart from this, having an eye on the
challenges. There are a significant
policy frameworks.
performance management aspects of
number of responsibilities that are
employees and keeping a wide-eye open on their struggles and organiza-
role in an established company. The
HR CHALLENGES IN SMALL & LARGE COMPANIES:
responsibilities for HR includes Job
According to experts HRM can be a
evident in larger companies regards
design and analysis, work force
huge challenge for small companies
to the organizational behavior
planning, training & development,
and small businesses. This is
activities and challenges.
performance management, compen-
typically, as they don’t have a HR
sation and benefits and finally legal
department that they can rely on.
Here are some of the most common
issues. Hiring & recruitment
However, in MNC’s and bigger
human resource challenges along
strategies are a key part of the HR
companies, Human Resource plays a
with the solutions that can be
responsibilities w.r.t their role in the
key role as big enterprises have a
implemented in the business.
associated with HR regards to their
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MBE BUSINESS MAGAZINE AUGUST 2021
tional behavior. HR’s role is also very
W W W. M B E F O RYOU. C O M
3. RECRUITING THE TALENTED EMPLOYEES: Recruiting the talented employees is itself a challenge for HR, and they know well how to perform their duties with regards to the recruitment challenges. This is a fact that attracting talent can be challenging and takes a substantial investment of time as well as money. It can be difficult for the entrepreneurs to keep a balance between a running business and hiring the right people at the right time.
1. STRICT COMPLIANCE WITH THE RULES & REGULATIONS:
The solution for this problem is hiring the services of a
The strict compliance with rules and regulations is part of the
your business. As a company, you will be saving the time,
HR’s most common challenges. It is a significant part of their
money and the frustration as well. Hence, finally you can
prime responsibilities that they operate in an environment of
even find a future executive or a business partner in form of a
trust with the company and apply the rules strictly on every
talented employee.
staffing company as the best way to find the right people for
individual. However, keeping up with the changing employment laws is a struggle for the business owners. There are
4. RETENTION POLICIES FOR TALENTED EMPLOYEES:
many who chose to ignore the employment laws and they
Employee retention is yet another challenge that is very
believe strictly that laws don’t apply to their business.
common for the HR as a vital part of their challenges. Retention policies are made in this light with the vision for
The solution for HR for such a scenario is to abide with the
retaining the talented employees. This is a primary reason
laws irrespective of the size of the business or the company.
why HR needs to be very alert regards to highlighting and
This is known as strict compliance with local, state and
spotting the talent that can be productive for the company.
federal labor laws. There are also strict regulations to
The talent hunt or talent spotting is a key aspect that HR
everything which includes the hiring practices, wage payment
needs to overlook in the light of retention policies.
and work place safety.
The solution for such a problem is through ‘Onboarding’. According to an anonymous research, through a structured
2. THE WORK FORCE TRAINING & DEVELOPMENT:
onboarding process, 61% of the employees are more likely to
Work force training & development policies are key part of
stay with the company for at least three years or more.
the HR strategies. However, investing in the training & development of lower-level employees is another common
5. DIVERSITY AT THE WORK PLACE:
HR problem. There are some businesses that have the
According to international workplace laws, diversity at the
trouble of finding suitable resources to do so. Some of the
workplace is a necessary element of finding the desired
employees can be some of your hardest workers and may
balance at the workplace. Therefore, workplace diversity is
not even have the time for a training course.
attained via hiring of staff according to the equal opportunities policies in the light of the recruitment policies.
A solution for such a problem is that HR should guide the
Merging both policies and finding a desired solution means
employees for online training courses, so that people can go
the company is achieving their diversity targets effectively.
at their own pace. They can perform the courses while they get to their home or even on weekends. The best thing forward is to invest in your workforce and you will definitely enjoy a loyal and a productive team. A team that will influence your HR strategy in future.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
55
SYED MANSOOR ALI NAQVI
AUTOBIOGRAPHY The Autobiography of Mr. Syed
Mansoor Naqvi, The man who made it
possible just with a vision and a dream in his eyes.
“As a mentor a person gets paramount importance from their
followers, but success comes from true following & demonstration of work.
MENTOR –CHAPTER 11”
“A Successful Canadian Entrepreneur”
MOST COMMON MISTAKES MADE BY RETAILERS WHEN CHOOSING A POS SYSTEM
DMM DEPARTMENT MB Enterprises
CWhen choosing a POS system it’s useful for the retailers to
more effectively managing your business. Below are the most
make the best choice of the POS system. As a profit earning
common mistakes that retailers make when they choose a
retailer there is lots of precious time as well as the resources
POS system. Hence also how to avoid such mistakes.
into finding useful ways to generate sales. Hence, the next step leads to opportunities for the potential growth of your
NOT SUFFICIENT TRAINING:
business. However, what is the best way to keep a track of all
One of the mistakes when choosing a POS system is regards
the business operations that as a retailer you have been
to not sufficient training. This is a fact that your staff is your
working on.
most valuable resources and your investments on your staff are mandatory. Having said that, many retailers tend to save
POS, Point of Sale, the choice is not that easy for retailers
money in staff training on POS systems. Mainly due to a
while they have to overlook many things in mind. A highly
wrong judgement that training is not so vital while making
efficient POS system brings together useful information
effective use of POS systems. This can truly be expensive in
regarding more than one thing. This includes information
the long run for retailers and can cost you more instead.
regards to sales, inventory, employees as well as customers
Knowledge is not only key, it is King when using POS
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
57
systems and making customers your potential business
suitable or compatible enough for the next POS system you
players. Therefore, your employees are simply the one who
buy. Therefore, it’s important to make the correct decision at
directly process sales, manage inventory and print barcodes
the correct time keeping in mind the compatibility aspects.
etc.
The hardware compatibility with POS software will turn out to be the best decision in the current course of time.
It’s considered a bonus to dedicate time to give a good overview of the system. This includes management functions
SYSTEM NOT BEING TESTED:
e.g. reporting, management, purchasing, receiving, barcodes
If you are a retailer who is well aware of how to deal with
and inventory. Basic training for better use is the best way to
POS systems you should know the importance of testing.
proceed with POS systems. Something which is far more
POS testing along with all the errors and potential mistakes in
beneficial in longer run than no training at all.
mind will turn out to be fool proof for the retailer. It’s just like going for a test drive before buying your new car. You will
INITIAL INVESTMENTS IN HARDWARE:
definitely have the pros and cons of buying that particular car
Initial investment in POS hardware is yet another common
as your future dream car.
mistakes made by retailers while they invest in POS systems. As a retailer, one shouldn’t limit themselves by making initial
The best thing is to avoid the mistake is to go for a free trial
investments in the computer hardware first. It’s a fact that
so you can test the software. Just schedule a demo to walk
each POS system requires operating platform as well as
through every part of the system. Testing not only makes
certain types of card readers. Also includes, scanners,
things easier for consumption purposes, but also gives the
printers, and cash drawers. This initial investment in hardware
‘peace of mind’ that you are looking as a retailer. Enjoy being
in computer means you are sort of wasting your time as well
a chooser and make your best choice as a retailer.
as money on incompatible resources. These might not be
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
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59
Reasons Why You Need Mobile POS In Your Restaurants
DMM DEPARTMENT MB Enterprises
The value for the retail industry is lesser in magnitude without
How Mobile POS is good for the restaurant business in terms
mobile POS in the restaurants. Has been significantly
of the large number of benefits. This is shown below in form
identified and overwhelmingly accepted in the hoteling and
of their benefits;
hospitality industry on a higher and a global scale. The mobile POS and mobile payments have a significant impact in the
1. INREASING THE TABLE TURNS:
past few years, and in the future the impacts will be even
Mobile POS is very effective in making the POS operations
bigger. This impact is due to the huge amount of confidence
more efficient. This is precisely in terms of the orders that are
people have shown in POS, as well as the competition that
taken and sent to the kitchen more quickly. The relevancy
POS has sparked in the hotel industry. The time factor is one
here is attached with the frequency of orders, i.e. the speed of
of the main reasons that is the source of competition in the
orders in a specified duration of time. This simply means in
retail industry. Analyst firms are optimistic regards to the
restaurant terminologies as more table turns, i.e. double win,
amount of growth in POS systems in the next few years. The
one for your business and the other for the respectable diner.
growth has been seen to be stronger in the retail environment
For the restaurant owner, the Table gets free earlier, and
than the restaurant, i.e. the hospitality sector.
he/she as a restaurant owner is not losing the customer. However, according to the customers, they enjoy the prompt
The mobile POS significantly improves the workflow in the
service that means business for an important or a VIP
restaurant, also boosts customer satisfaction, and the bottom
customer.
line is it improves the marketability. A retail environment holds huge elements of marketability that are highly responsible in
2. REDUCING THE ERRORS:
the growth strategies of the specific sector.
It has been experienced that having cash payments is less
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
preferable than dealing with POS payments. The aim is to
reliability is always good for customer retention aspects. This
bring reduction in errors and improve the service delivery. In
is most of the time customers want to come back, obviously
few restaurants as part of the older traditions most waiters
depending on the retention strategies.
memorize the bill for the payments being taken, and can potentially mix up. However, mobile restaurant POS is the
4. RETAINING CUSTOMERS GOOD FOR YOU:
most recent upbringing in bringing transparency to POS
Customer retention is the biggest aim in the services industry
operations in the hospitality business. Waiters carrying
that is targeted by most businesses. The service sector is
mPOS, they can easily take orders at the table, instantly
mostly influenced by referrals and customers who are loyal
entering them into the system, as they go around the table.
customers, while they believe in making a good relationship. Hence, effective mobile POS systems helps inmaking the
3. ENJOY A FAR BETTER CUSTOMER EXPERIENCE:
mandatory goodwill, and increases the security and safety
Reasons for choosing a mobile POS in restaurant is also to
elements attached in performing huge payment transactions.
give the customers a far better customer experience. The
A highly effective customer retention truly determines the
integration of POS systems with CRM systems makes the
sustainability elements attached with the business as well as
customer’s record friendlier as well as important in terms of
part of good business intelligence. Thus, ironically since POS
service deliverables.
systems have been made common in the restaurant business, it has significantly caused an increase in the
Mobile POS makes the customers feel safe while giving their
‘business intelligence’ to much higher levels.
payments, as well as it helps them monitor their dining experiences. Good customer service, faster payments and W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
61
SPORTS TOURISM CANADA & THEIR ACTIVITIES IN CANADA DMM DEPARTMENT MB Enterprises
Sports Tourism Canada is an
qualification as the host country for
for the third time in 2026. Surprisingly,
organization for the promotions of
the FIFA world cup that will be taking
also the first nation that will be
sports events and activities in
place in 2026 in North America. This
hosting the FIFA tournament for the
Canada. The organization was
will be the next one in line after Qatar
third time.
founded through a partnership with
2022, and hosting nations includes
the Canadian Tourism Commission
United States, Canada & Mexico as
Sports, especially football, unites the
with the key objective to increase the
being the three host countries.
whole world together, while at least a
capacity of Canada to host Interna-
Whereas, Canada will be hosting the
bit more than thirty qualified teams
tional sport tourism events. These are
prestigious trophy for the very first
fight for the biggest prize money. The
events that attract and promote
time, while both USA and Mexico has
passion is not only the World Cup &
sports Tourism in Canada, a country
been hosts previously. Mexico were
competition, but also global unity via
that has suffered in the past, but is
the host of FIFA World Cup in the
sports, as well as promoting Interna-
realizing fast the importance of sports
year 1970 & 1986, while USA were
tional Tourism. Hence, while recogniz-
events in Canada.
the hosts for the very first time in
ing and giving chance to new
1994. FIFA World cups are by far the
countries and venues as host nations
CANADA HOSTING THE FIFA WORLD CUP IN 2026- ‘FIRST BLOOD’:
most followed and most covered
for first time. The objective of tourism,
sports trophies in the world, whereas
truly signifies the values of emotions
Sports is a highly healthy activity that
the 21st version of FIFA world cup
linked up with marketing & other
emphasizes on importance of
took place for the first time in Russia.
promotional activities.
competition and tourism being
The first FIFA World Cup in North
promoted. An example of the success
America was held in Mexico in the
of such activities is winning the
year 1970, and they will be the hosts
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
KEY OBJECTIVES OF ‘SPORTS TOURISM CANADA’:
international tournaments. Another key aim of the organiza-
The sports Tourism Canada is an organization that holds
tion is to develop and facilitate access to industry tools.
highly constructive agendas for tourism sector in Canada. This is the prime objective of the organization to establish
A BRIEF HISTORY OF SPORTS TOURISM CANADA:
Canada as a preferred sport tourism destination. Also, aims
The organization was created in November 2000 in partner-
to enhance the image and the profile of the sport tourism
ship with The Canadian Tourism Commission. ‘CSTA’ or
industry in Canada.
Canadian Sports Tourism Alliance has grown from 18 founding members to approximately 500 members including
Further aims to facilitate networking, educational as well as
200 plus municipalities. The organization is associated with
communications opportunities. Investments in the Tourism
250 plus national and provincial sports organizations that
sector via sports is a huge necessity of Canada’s sports
aims to promote the sports in Canada. Apart from this,
industry. The aim of the organization is to build investment in
surprisingly, 20 plus educational institutions that are involved
sport tourism from the public and private sectors.
with Sports Canada w.r.t. sports activities and sports research. Also includes a variety of product and service
Research in the industry is now a common phenomenon for
suppliers to the industry.
the sake of sustainable measures in sports and for the
.
well-being of the stakeholders especially the players involved. The organization also aims to coordinate research as well as data collection of activity within the sports tourism industry in Canada. This is for bringing more sustainable measures in the sports industry in Canada which is more inclined on local and national leagues as compared to
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
63
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MBE BUSINESS MAGAZINE AUGUST 2021
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For all business inquiries 1-866-667-1377
global@mbeforyou.com
W W W. M B E F O RYOU. C O M
THE CLIMATE CHANGE FIGHT & THE IMPORTANCE OF YEAR 2021 DMM DEPARTMENT MB Enterprises
The importance of the year 2021 in
progress made late last year in
the fight against climate change is
putting in place key elements of a
THE INAUGRATION YEAR FOR JOE BIDEN- 46th US PRESIDENT:
taken very seriously by the three
more ambitious climate plan. The
There are a huge number of commit-
major economies, i.e. USA, Canada
most recent budget, i.e. 2021 Federal
ments made by US President Joe
& the U.K. apart from participation
Budget is highly focused on extra
Biden and his Govt. regards to efforts
from the rest of the world. The world
spending and tax breaks. This is in
being made for climate change,
marked the fifth anniversary of the
order for the reduction of emissions.
Global warming and GHG, i.e.
groundbreaking Paris climate
Furthermore, prepare the Canadians
Greenhouse gases. The intentions
agreement in December. UNEP or
to face growing climate-related
are high while the commitment levels
The United Nations Environment
impacts. These are impacts such as
are determined from American
Program noted that many countries
rising of sea levels, increased
president’s inauguration speech.
that includes Canada are still
flooding, high intensity heat waves
President Joe Biden will have good
divergent from the track even to meet
and finally forest fires.
intentions for the reversal of the past
the modest Paris Agreement targets.
As the world is facing the devasta-
four years of climate neglect. This
Hence, leave alone the more
tions of the recent challenge, i.e.
was the time from 2016 onwards, i.e.
important and ambitious ones that
COVID, there are some key develop-
in the era of Donald Trump, the 45th
are highly needed to avert a climate
ments that will be determining the
US President. Hence, a commitment
catastrophe later this century.
course of the global climate effort.
on the global stage by Joe Biden to
However, in Canada, the progress
Hence, apart from its impacts on the
bring USA back into the Paris Accord.
has been found to be more shining &
energy sector.
Apart from just self-commitments and
determined. This is in connection with
W W W. M B E F O RYOU. C O M
plans, Joe Biden’s Govt. intents to
MBE BUSINESS MAGAZINE AUGUST 2021
67
engage other leading nations with USA for mutual efforts.
Glasgow, Scotland. The 26th UN climate conference is
These governments includes China and India that are key
planned in November this year under the UK’s presidency in
economies and global players in the fight against Climate
Glasgow. This conference is taking place in partnership with
Change.
Italy, and will be a vital step towards sustainable climatic developments. Governments, including the Canadian Govt.
However, President Joe Biden will have to rely considerably
are the ones that are most expected to submit their on-going
more towards executive branch action. Also includes, new
targets for emission-reduction. An ambition that the Canadi-
fuel efficiency standards for vehicles that Canada will be
an Govt. initially showed some five years ago at Paris
likely to sign into.
Conference.
THE FEDERAL CANADIAN BUDGET:
Similar to proceedings in Copenhagen, Denmark in 2009
The announcement of the federal budget in Canada includes
and in Paris in 2015, the Glasgow Climate Conference will be
higher level spending for climate change and global efforts to
a key conference in showing the world’s ability to tackle
the fight against climate change in year 2021. Environment
climate change. The COVID-19 pandemic will also be
and climate change previous years were disappointed with
discussed in this climate conference apart from the warnings
the budget that lacked the spending level to which it was
of scientists.
initially committed. The British PM Boris Johnson, has been active regards to According to the Freeland’s budget there will be additional
the Pre-Conference efforts for Glasgow Climate Conference.
spending this year. This includes key areas such as public
He has already appointed former Bank of England chairman
transit, and clean infrastructure. Also includes, measures for
Mark Carney as his finance adviser for the conference
risk reduction of massive property damage from extreme
meeting. Practically, dealing with the idea of future invest-
weather conditions. This has been a norm in Canada due to
ments to tackle Climate Change issues at world’s end. The
extreme cold weathers. In addition to these efforts Ottawa is
need is to analyze the risks and opportunities that relates to
also considering new tax incentives for the sake of carbon
financial investments that climate change poses in future for
capture. As well as vital investments in hydrogen infrastruc-
UK’s business strategies.
ture. The Climate Conference in November 2021 in Glasgow will
THE FEDERAL CANADIAN ELECTION:
be yet another step by United Kingdom apart from Canada
According to the conservative’s new leader Erin O Toole who
and United States to tackle global climate challenges.
is looking heavily for the sake of establishing higher levels of credibility towards climate change. The goal is focused on an agenda of 2050, i.e. 29 years from now and the mission is that Canada achieves net-zero emissions by 2050.
COP26 IN GLASGOW: As part of the efforts from United Kingdom, there shall be some critical happenings that will take place in 2021 in
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
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MBE BUSINESS MAGAZINE AUGUST 2021
69
Career Overview As a resort manager, your job will include managing all aspects of a resort, including lodging, food and beverage management, human resources, housekeeping, attractions, and guest services. You'll be in charge of employees, finances, customer service, promotions, and quality control. Resort managers often have to work nights and weekends, putting in long hours to ensure the success of their establishment. Job Description Includes duties in three major areas: Daily Operations, Finances, and Marketing Resources
|
Customer Service
|
Human
Daily Operations, Financial, and Marketing Duties Resort managers oversee product stocking, accounting, and marketing efforts at the resort. As a resort manager, you'll hire contractors to perform services, such as painting or plumbing. You'll ensure that all supplies, from housekeeping materials to furniture, are in good condition and in stock. You'll monitor payroll, customer billing, and expense accounts. Customer Service Resort managers ensure positive customer experiences by maintaining high-quality facilities and remedying problems. At the resort, you'll conduct room, kitchen, and grounds inspections to make sure that they are all up to code. You'll greet guests at arrival, create standards surveys, and find acceptable solutions to problems that may arise. Human Resources Responsibilities As a resort manager, you'll be in charge of hiring, training, and scheduling new staff members. You'll set goals for employees and help your staff achieve these goals. You might also have assistant managers who you'll work with to manage departments, such as housekeeping, dining, security, and desk personnel.
Contact: 4382 HWY # 60, RR#1 DWIGHT, ONTARIO P0A 1H0 CANADA 1-800-387-2244 stay@algonquininn.com
WE ARE HIRING! RESORT MANAGER
WE ARE HIRING!
HEAD CHEF JOB REQUIREMENTS
THE SENATOR HOTEL
&CONFERENCE CENTRE
LANGUAGE: ENGLISH EXPERIENCE: FRESH ABILITY TO SUPERVISE: 5 TO 10 PEOPLE SKILLS: Maintain Records of Food Cost; Consumption; Sales & Inventor y ; Prepare & Cook Food on a Regular or for Special guests and Events; Meals and Speciality Foods; Train Staff in Preparation; Cooking & Handling of Foods; South Indian; International; Super vise Cook & other Kitchen Staff. WORK INFO: Room & Board Provided
HOW TO APPLY Email: gm@senatorhoteltimmins.ca Phone: (416)-918-1356 (12:00 PM to 05:00 PM) Mail: 14 Mountjoy Street, South Timmins, ON P4N 1S4 Note: Anyone who can legally work in Canada can APPLY for this job, If you are not currently authorized to work in Canada, The Employer will not consider your job application
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
INTEGRATED
TALECH
Works with Elavon’s processing services. Dedicated talech© support team is available 24/7 to help. Protect your business with data encryption. Accept payments from chip (EMV) cards. Accept payments from mobile wallets, including Apple Pay. Create product variations and define multiple prices/quantities.
talech© Point of Sale Solution
Designed for today’s small businesses, talech tablet based solution is easy-to-use and will help you manage your inventory, track sales and grow your business.
SMART TERMINAL
POYNT
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Wireless freedom WiFi capabilities enables you to take the checkout (and tipping) to your customer, inside or outside your business.
Accept major payment types Process all payment types - contactless EMV cards, Interac and mobile payments such as Apple Pay®* (NFC) and many more...
Smart Terminal Solutions
Function meets form in a new breed of wireless terminal that delivers an exceptional guest experience. Poynt is an all-in-one smart device that looks great and gives both you and your guests a great view of every transaction.
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Address: 104-100 Dynamic Drive, Toronto, ON M1V5C4 Call: 1-866-667-1377 Fax: 1-866-204-6888 E-mail: pos@mbeforyou.com Web: pos.mbeforyou.com
E-Commerce
VACCINE PASSPORTS – A NEW ERA IN TRAVELLING DMM DEPARTMENT MB Enterprises
Vaccination to encounter and combat
that refer to paper or electronic
However, a very high, i.e. 80% of the
the hazards associated with
documentation that gives proof or
respondents support the requirement
COVID-19 has been made mandato-
shows that someone has received a
of vaccine passports for travelling
ry for most of the countries. Vaccine
vaccination against COVID-19. It truly
within the Canadian provinces or
passports, a new and a common
is a mandatory statement in current
from foreign countries. A last but not
terminology has been seen lately
circumstances, as it guarantees with
the least, i.e. 82% favor requiring the
while bringing a new era in travelling.
a medical proof that you have been
non-Canadians entering their country
An era that makes vaccination a
vaccinated and have entered the safe
with some proof, i.e. proof of vaccina-
mandatory procedure for the sake of
zone for further travels.
tion.
business activities. These activities
According to a very detailed and
also includes business travelling and
highly significant research conducted
HOW FULLY VACCINATED PEOPLE CAN BEHAVE:
getting through the business proce-
by an anonymous organization
These are w.r.t. the behaviors apart
dures, as if the vaccination is the new
indicates that 61%, i.e. a huge
from travelling as fully vaccinated
injected passport. The trauma of
majority of Canadians supports the
people can travel without any
COVID-19, is still a considerable
Canadian Govt., regards to establish-
restrictions or any mandatory checks.
apprehension among many individu-
ing proof of vaccination as means of
After getting vaccinated people can
als.
participating in public gatherings.
resume activities without wearing
travelling and following other
64% says that is it mandatory to
masks or physically distancing.
Vaccine passports also known as
require a vaccine passport for the
Exceptions holds regards to require-
immunity passports are the terms
sake of attending a gathering.
ments by federal, state, local, tribal,
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MBE BUSINESS MAGAZINE AUGUST 2021
W W W. M B E F O RYOU. C O M
or territorial laws, rules and regulations also including local
for temporary country requirements it is best to have a
business and workplace guidance.
glance at the WHO website for most recent changes. It is very important for the travelers in order to make sure
After getting fully vaccinated one can resume domestic
that they are well aware of the requirements of the country
travel as well as refrain from testing before or post travel or
to which they are travelling. For further confirmation, it is
even self-quarantine after travel. There will be no need to
best to check with the relevant consulate or the embassy. It’s
getting tested apart from some exceptions for specific
much better to follow the precautionary measures rather
settings. Finally, also refrain from routine screening testing if
than miss your travel or your travel authority.
feasible. As far as being exposed to risks is concerned, the indoor and outdoor activities pose minimal risk to fully vaccinated people. Most of the fully vaccinated people have a reduced risk level of transmitting SARS-CoV-2 to unvaccinated people. Even if the fully vaccinated people are experiencing the COVID-19 symptoms they need to get tested. Finally, all the vaccinated people must continue to follow any applicable federal, state, local or territorial laws as well as rules and regulations.
WHO – ‘THE COUNTRY REQUIREMENTS’: The WHO, i.e. World Health Organization, country requirements are subject to change according to the country, i.e. the geographical location. WHO recommendations are almost the same for most country requirements. However,
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE AUGUST 2021
73
A NEW WAY OF APPROACHING THE ATM INDUSTRY AND PROCESSING ATMS ACROSS CANADA
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