top of page

News and Tips

Useful Information

Wall of ideas
Standing Meeting


Machine Learning

Planning a 5-Year Business Strategy


Investments in research and development (R&D) can be a critical step in the production of innovation at a firm. Regardless of whether a firm is a new entrant or a well-established business, innovation can play a vital role in improving a firm's ability to survive, in addition to maintaining its market share in a competitive business environment. In particular, innovation had a considerable impact on small and young firms, a highly relevant result for Canada as 98 percent of businesses in Canada are considered small (Industry Canada).

Machine Learning & AI

Managed Service Consultancy is the service of recommending and outsourcing solutions that will increase the efficiency of corporate operations and reduce costs by making analyzes as needed. It is used as an alternative to the business model in which the service provider provides services with the knowledge of the customer and invoices for the work performed (breakdown, update, or optional outsourcing). 

Managed services are an excellent service for organizations that want to scale their business processes and increase business efficiency, but do not have enough resources, or who want to fix the system with the right strategy instead of postponing the problem with temporary solutions.

Why Make a Five-Year Business Plan?

Establishing a long-term plan can help you determine your priorities and goals for your business. Do you want to expand to new locations? Maximize sales? Transfer the business to a family member? Each goal will involve different priorities for your time and resources. By mapping out a plan, you can make sure that you and your staff are pursuing these goals and not wasting resources on something else.

Additionally, a five-year plan can help you identify any potential obstacles, as well as the possible strengths that could help propel you toward your goals. This kind of strategic thinking can help prepare you for the unexpected so that you aren't caught off guard.

Finally, if you ever plan to raise money from investors, they will want to see your business plan. Having a five-year plan can help prepare you for these meetings.

Privacy Policy:

The owner does not provide a list of Personal Data types collected. Complete details on each type of Personal Data collected are provided in the dedicated sections of this privacy policy or by specific explanation texts displayed prior to the Data collection.
Personal Data may be freely provided by the User, or, in case of Usage Data, collected automatically when using this Application. Unless specified otherwise, all Data requested by this Application is mandatory and failure to provide this Data may make it impossible for this Application to provide its services. In cases where this Application specifically states that some Data is not mandatory, Users are free not to communicate this Data without consequences to the availability or the functioning of the Service.
Users who are uncertain about which Personal Data is mandatory are welcome to contact the Owner.
Any use of Cookies – or of other tracking tools – by this Application or by the owners of third-party services used by this Application serves the purpose of providing the Service required by the User, in addition to any other purposes described in the present document and in the Cookie Policy, if available. Users are responsible for any third-party Personal Data obtained, published, or shared through this Application and confirm that they have the third party's consent to provide the Data to the Owner.

bottom of page