Tag: Business

How Fund Budding Small Business During A Recession

In order to survive and even thrive during a recession, small business owners need to be strategic about their finances. Here are some tips on how to fund your budding small business during tough economic times.

1. Cut costs where you can, without sacrificing quality

In today’s challenging economy, businesses must be smart about where they spend their money. One area where businesses often cut corners is in the quality of the products or services they purchase. However, this can be a false economy, as inferior quality products or services can end up costing more in the long run. To get the most bang for your buck, look for ways to cut costs without sacrificing quality. For example, instead of buying the cheapest products you can find, look for ones that offer good value for the price. Similarly, when hiring staff, don’t just go for the lowest bidder; instead, look for vendors who offer good quality at a fair price. By being smart about where you spend your money, you can keep costs down without sacrificing quality.

2. Review your expenses and find ways to reduce them

One of the best ways to save money is to carefully review your expenses and see where you can cut back. This may seem like a difficult task, but it’s actually quite simple once you get started. The first step is to make a list of all your monthly expenses, including both fixed costs like rent or mortgage payments and variable costs like groceries or entertainment.

The founder of Joblio Jon Purizhansky says: “Once you have a complete picture of your spending, you can start to identify areas where you can reduce your expenditure. For example, if you’re spending a lot on dining out, you could try cooking more meals at home. Or, if you’re paying for an expensive gym membership, you could cancel it and start working out for free at your local park. By taking a close look at your spending patterns, you can easily find ways to trim your budget and free up some extra cash each month.”

3. Invest in new technologies that will save you money in the long run

While it may be tempting to stick with tried-and-true methods, investing in new technologies can save you money in the long run. For example, energy-efficient appliances often have a higher initial cost but use less power over time, leading to lower utility bills. Similarly, solar panels can reduce your reliance on the grid, and wind turbines can provide an alternative source of energy. In addition, new building materials and insulation techniques can lead to considerable savings on heating and cooling costs. As explained by Jon Purizhansky: “While the upfront cost of new technologies may be higher than traditional methods, the long-term savings can be significant. As a result, investing in new technologies is a smart financial decision.”

4. Streamline your operations to improve efficiency

Running a business is no easy task. There are a million and one things to keep track of, from inventory and staffing levels to marketing and sales. It can be all too easy for things to start slipping through the cracks, which is why it’s so important to streamline your operations. By streamlining your processes, you can free up time and resources that can be better spent elsewhere. For example, automating menial tasks such as data entry can free up your employees to focus on more important tasks. Additionally, streamlining your supply chain can help to reduce costs and improve efficiency. Ultimately, taking the time to streamline your operations can pay dividends in terms of both time and money.

5. Diversify your product and service offerings to protect against economic downturns

“In today’s economy, it’s more important than ever to have a diversified product and service offerings. By offering a variety of products and services, you’ll be better positioned to weather the ups and downs of the economy. When one sector is struggling, you can rely on other sectors to keep your business afloat. Additionally, diversification gives you an opportunity to reach new markets and tap into new sources of revenue. So, if you’re looking to protect your business from an economic downturn, make sure to diversify your product and service offerings.” – states Jon Purizhansky.

6. Prepare for a slower sales cycle – be patient and don’t give up on potential customers too quickly

In any sales cycle, there will always be potential customers who take longer to convert than others. It’s important to remember that every customer is different, and that each one will have their own unique timeline. While it can be tempting to give up on a potential customer who seems to be taking forever, it’s important to be patient. They may just need a little more time to make their decision. In the meantime, stay in touch and keep them updated on your latest products and offerings. By showing them that you’re still interested, you may just be able to win their business in the end.

By following the tips above, you can weather the storm during a recession and come out on top. By taking a close look at your spending, investing in new technologies, streamlining your operations, and diversifying your product and service offerings, you’ll be better positioned to survive an economic downturn. Additionally, by being patient and not giving up on potential customers too quickly, you’ll be able to maintain a healthy sales pipeline even when times are tough. So, if you’re looking to protect your business from an economic downturn, make sure to keep these tips in mind.

Originally Posted: https://vocal.media/journal/how-to-fund-your-budding-small-business-during-a-recession

How UN’s Sustainable Development Goals Can Help You Grow Business

In previous blogs, we’ve touched upon the importance of the UN’s sustainable development goals when it comes to building a better, more equitable future for all. While the goals are altruistic, their implementation will also benefit businesses of all sizes moving forward.

With that in mind, here are just some of the ways in which the SDG’s can help you to grow your business.

The SDG’s can solve the staffing crisis. 

Canada is currently facing a rather alarming staffing crisis. For example, “There were 34,315 vacant nursing jobs in Canada at the end of 2021, a 133% increase from 2019” As these figures are reflected in just about every industry, it’s clear that the problem isn’t going to go away on its own.

“By working to uphold the UN’s aim to “promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all”, business owners can find new ways to fill these vacancies, such as by hiring foreign talent or refugees,”  said Jon Purizhansky, CEO and Founder of Joblio.

This will enable you to find new employees from your company sooner. rather than later. This will save your business money as you are no longer facing the massive cost of unfilled positions. 

Joblio hopes to help achieve this goal – in fact, it was the entire reason we launched the platform. By helping employers across all industries connect with their ideal employees, we’re not only working to reduce the impact of the staffing crisis but also ensuring that people have access to fulfilling and rewarding careers.

This works to directly support refugees’ economic agency as they’re able to pursue work that is meaningful and aligns with their talents, instead of being turned away to positions they are already qualified for. For example, a recent survey found that 62% of immigrants aged 15 and over are employed in Canada. While this is considerably higher than in other nations, there is still room for improvement – especially as a considerable amount of able individuals are actively seeking work.

The Sustainable Development Goals empower future innovators. 

Through improving access to education (goal four), work opportunities (goal eight) and reducing inequalities (goal ten), we’re building the working landscape of tomorrow. This means that we’re creating more diverse spaces, where new and innovative ideas can be brought to the table. As a result, when hiring a refugee you are bringing in key skills and “diversity which can enhance local economics and promote innovation and creativity”.

“As a result, in doing so, we’re empowering the next generation of entrepreneurs and innovators who will no doubt change many industries moving forward,” said Jon Purizhansky.

You can read about the success of many refugee-led businesses here.

The SDG’s fight poverty.

There are many ways in which sustainable development goals work to combat poverty. In relation to refugees or displaced individuals, these goals are designed to reduce the severe economic pressures they face when settling into their new homes.

Many studies have found that “economic poverty was endemic and a growing problem for refugees”, likely because they have limited access to employment opportunities. By providing them with access to fair wages, they can begin to progress through upwards mobility. They have more money to support themselves and their family and as a result, can begin to spend more money too. This benefits the growth of small businesses as they’ll receive enhanced custom.

When there is more money being spent as a whole, businesses are given the funding they need to thrive. As a result, working towards the UN’s sustainable development goals can prove to be not only rewarding but profitable.

To find out more, please do not hesitate to get in touch via email at employer@joblio.co or visit https://joblio.co.

Originally Posted: https://joblio.co/en/blog/how-the-uns-sustainable-development-goals-can-help-you-grow-your-business/

Is It Smart To Open a Business During a Recession

As a business owner, you may be wondering if it’s wise to open a new business during a recession. After all, economic conditions are tough and consumer spending is down. However, there are some advantages to starting a business during this time. For one, competition is lower since many businesses have closed their doors. Additionally, costs associated with opening a new business are also lower. If you’re considering starting a business, here are some things to keep in mind.

  1. What is a recession and how do you know if one is happening

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative GDP growth.

There are various ways to determine if a recession is happening. The most common method is to look at GDP growth. If GDP growth is negative for two consecutive quarters, then it is generally agreed that a recession is taking place. Other indicators that are often used to determine if a recession is occurring are industrial production, employment, real income, and wholesale-retail trade.

Recessions can happen suddenly or they can happen slowly over time. They can be caused by a variety of factors, including financial crises, natural disasters, policy changes, or even just a slowdown in the economy.

“Recessions can have a significant impact on people’s lives. They can lead to job losses, lower incomes, and an overall decline in living standards. So it is important to be aware of the signs of a recession and to know what to do if one occurs.” – says Jon Purizhansky.

  1. Signs that your business might not be doing well during a recession

There are a number of signs that your business might not be doing well during a recession. One of the most common signs is a decline in sales. If you are seeing a significant drop in sales, it could be an indication that your business is struggling.

Another sign that your business might not be doing well during a recession is an increase in costs. If your costs are rising faster than your revenues, it could be an indication that your business is not as profitable as it once was.

A third sign that your business might not be doing well during a recession is a decline in profits. If your profits are falling, it could be an indication that your business is not as efficient as it once was.

“If you are seeing any of these signs in your business, it is important to take action.” – states Jon Purizhansky.

  1. How to make your business more recession-proof

There are a number of things that you can do to make your business more recession-proof. One of the most important things is to diversify your products and services. If you only offer one product or service, you are more likely to be affected by a recession than if you offer a range of products and services.

Another important thing to do is to focus on cost-cutting measures. If you can reduce your costs, you will be in a better position to weather a recession.

Finally, it is also important to have a good marketing strategy. If you can increase your sales during a recession, you will be in a better position to withstand the effects of the downturn.

  1. What to do if you have to close your business during a recession

As explained by Jon Purizhansky, if you have to close your business during a recession, it is important to take some time to plan your exit strategy. You will need to think about how to wind down your business, how to deal with your employees, and how to protect your assets.

You should also consider whether or not you will be able to reopen your business once the recession is over. If you think that there is a chance that you will be able to reopen, you should make sure that you have a solid plan in place.

  1. How to survive financially during a recession

If you are struggling financially during a recession, there are a number of things that you can do to survive. One of the most important things is to cut back on your expenses. You should try to live as simply as possible and to only spend money on essential items.

Another thing that you can do is look for ways to increase your income. If you are able to get a part-time job or start a side business, it will help you to make ends meet.

Finally, it is also important to have a safety net in place. If you have savings, they can help you to weather the storm during a recession. You should also consider taking out insurance policies that will cover you in case of job loss or other financial difficulties.

A recession can be a difficult time for businesses, but there are things you can do to weather the storm. If you are aware of the signs of a recession, you can take steps to make your business more recession-proof. If you have to close your business during a recession, there are things you can do to plan your exit strategy. If you are struggling financially during a recession, there are also ways to survive. The most important thing is to be prepared and to have a plan in place.

Be An Entrepreneur On YouTube With Insights On 5 Business Opportunities

As a business owner, you’re always looking for ways to get ahead of the competition. You may have thought about starting a YouTube channel, but you’re not sure where to start. Fortunately, we’ve put together a list of five businesses that are perfect for entrepreneurs on YouTube. Keep reading to learn more!

  1. Start a channel about your passions and interests

If you’re passionate about something, why not start a channel all about it? You can share your interests and knowledge with others, and build a community of like-minded people. Plus, it’s a great way to connect with people who share your passions.

To get started, all you need is a camera and some basic editing skills. If you don’t have a lot of experience with video editing, there are plenty of online tutorials that can help you get up to speed.

“Whatever you choose to talk about, make sure you’re sharing informative and engaging content that will appeal to your audience. If you can keep them coming back for more, you’ll be well on your way to building a successful channel.” – says Jon Purizhansky.

  1. Teach people how to do things you’re good at

There are probably plenty of things that you’re good at that other people would love to learn. Why not share your skills with the world? You can teach people how to do everything from cooking and gardening to fixing cars and using technology.

“If you’re not sure where to start, try thinking about the things you get asked about most often. What do people always come to you for help with? Chances are, there are others out there who would love to learn how to do those things too.” – states Jon Purizhansky.

  1. Share your story and inspire others

Everyone has a story to tell, and yours could be just what someone else needs to hear. By sharing your experiences, you can inspire others and help them through difficult times.

If you’re not sure where to start, try thinking about a time when you overcame a challenge or made a significant change in your life. What lessons did you learn? What would you do differently if you could go back and do it again? Sharing your story can be a powerful way to connect with others and make a difference in their lives.

  1. Review products and services

If you love trying new things, why not share your experiences with others? You can review products and services, and give your audience an honest look at what’s out there. Plus, it’s a great way to connect with companies and get free stuff!

As explained by Jon Purizhansky, to get started, all you need is a camera and some basic editing skills. If you don’t have a lot of experience with video editing, there are plenty of online tutorials that can help you get up to speed.

Whatever you choose to review, make sure you’re sharing your honest opinion. If you can provide valuable insights, you’ll be sure to build a loyal following.

  1. Share business advice and insights

If you’re a business owner or have experience in the corporate world, why not share your knowledge with others? You can provide valuable insights and advice on everything from marketing and sales to management and finance.

To get started, all you need is a camera and some basic editing skills. If you don’t have a lot of experience with video editing, there are plenty of online tutorials that can help you get up to speed.

Whatever you choose to talk about, make sure you’re sharing informative and engaging content that will appeal to your audience. If you can keep them coming back for more, you’ll be well on your way to building a successful channel.

  1. Help people launch their own businesses

If you’re passionate about entrepreneurship, why not share your knowledge with others? You can help people launch their own businesses, and provide valuable insights and advice on everything from marketing and sales to management and finance.

To get started, all you need is a camera and some basic editing skills. If you don’t have a lot of experience with video editing, there are plenty of online tutorials that can help you get up to speed.

Whatever you choose to talk about, make sure you’re sharing informative and engaging content that will appeal to your audience. If you can keep them coming back for more, you’ll be well on your way to building a successful channel.

  1. Offer marketing and branding tips

If you’re a marketing or branding expert, why not share your knowledge with others? You can provide valuable insights and advice on everything from social media and advertising to public relations and market research.

To get started, all you need is a camera and some basic editing skills. If you don’t have a lot of experience with video editing, there are plenty of online tutorials that can help you get up to speed.

Whatever you choose to talk about, make sure you’re sharing informative and engaging content that will appeal to your audience. If you can keep them coming back for more, you’ll be well on your way to building a successful channel.

There are many different ways to make a difference through YouTube. Whether you’re sharing your story, offering business advice, or reviewing products and services, you can use your platform to connect with others and make a positive impact in their lives. With a little effort and creativity, you can build a successful channel that makes a difference in the world.

Features of Refugee Employment in Canada

In the next few years, Canada is expected to welcome hundreds of thousands refugees. Among the individuals who will be coming through the program are almost 100,000 Afghans, 100,000 Ukrainians who fled the invasion of Russia, and up to 125,000 refugees annually from other countries. Businesses have announced that they will be hiring refugees. Let’s take a look at the various advantages and challenges of this process.

The influx of refugees presents both challenges and opportunities for businesses. On one hand, businesses may face difficulties in finding qualified employees to fill vacant positions. Refugees may not have the same level of education or work experience as other candidates. However, businesses can also benefit from the skills and experiences that refugees bring with them. Refugees often have strong work ethics and are motivated to succeed. They can also provide a cultural diversity that can be beneficial to businesses.

There are a number of ways businesses can support refugees as they make the transition to life in Canada. One way is by providing job training and mentorship programs. Businesses can also offer English language classes and help refugees connect with local community groups. By supporting refugees in this way, businesses can help them find success in their new home country.

Foreign employees can be a great asset to business, but the process of finding and applying for a refugee job can often seem difficult. In this article, we will provide you with some tips on how to find refugee candidates and employ them with high success rates. In the next few years, Canada is expected to welcome hundreds of thousands refugees. Among the individuals who will be coming through the program are almost 100,000 Afghans, 100,000 Ukrainians who fled the invasion of Russia, and up to 125,000 refugees annually from other countries. Businesses have announced that they will be hiring refugees. Let’s take a look at the various advantages and challenges of this process.

The influx of refugees presents both challenges and opportunities for businesses. On one hand, businesses may face difficulties in finding qualified employees to fill vacant positions. Refugees may not have the same level of education or work experience as other candidates. However, businesses can also benefit from the skills and experiences that refugees bring with them. Refugees often have strong work ethics and are motivated to succeed. They can also provide a cultural diversity that can be beneficial to businesses.

There are a number of ways businesses can support refugees as they make the transition to life in Canada. One way is by providing job training and mentorship programs. Businesses can also offer English language classes and help refugees connect with local community groups. By supporting refugees in this way, businesses can help them find success in their new home country.

Foreign employees can be a great asset to business, but the process of finding and applying for a refugee job can often seem difficult. In this article, we will provide you with some tips on how to find refugee candidates and employ them with high success rates.

WHERE TO FIND REFUGEE CANDIDATES

Employers can find potential candidates for their businesses by looking at data on newcomers to the country on the website of the administration of a particular region. Additionally, employers can refer to civil society in refugee settlement. Canada’s 40-year-old Private Sponsorship of Refugees (PSR) program allows community groups to enter into a contract with the federal government to welcome and provide financially, socially and logistically for a refugee individual or family for one full year after arrival in Canada. In that time, the sponsor group, using funds it raises itself, pays for accommodation, food, clothing and other essentials; the amount is stipulated by the government but groups may choose to be more generous. The group also assists refugees to find language training, register their children for public education

Refugees are settling unevenly throughout the country, with the main resettlement provinces being Ontario, Alberta and British Columbia. The main cities for refugees are Toronto, Edmonton and Vancouver.

Connecting with refugee resettlement agencies, immigrant-focused non-profits or welcome centers, and community colleges or adult education centers are all productive places to start if you are looking for potential new employees.

Resettlement agencies work with business to help them find qualified potential employees, assisting with new-hire paperwork, translation and interpretation needs, and follow-up services to ensure mutual satisfaction.

The founder of the global employment platform Joblio Jon Purizhansky believes that the process of hiring foreign workers and refugees should be as transparent and simple as possible in order to reverse the situation on the international labor market: “This would make it easier for businesses to find qualified employees, and would help to ensure that everyone has an opportunity to work. That’s exactly what we’re doing. Every day new businesses from all over the world join us to experience all the benefits of the system created by Joblio.”

SCREENING POTENTIAL EMPLOYEES

If you are considering hiring refugees, it is important to be aware that refugees may have gaps on their resumes that might typically exclude candidates from further consideration, but should not be disqualifying.

Recruiting foreign workers can be a difficult process. Joblio offers the gold standard in the field of international recruiting. Today’s base consists of hundreds of candidates from developing countries who seek to find security and stability in Canada. An individual approach and a thorough background check and resume allows you to identify the strengths of each individual candidate.

Employers do not have to waste time looking for foreign workers, they simply contact Joblio with a request and get the most effective staff from motivated foreign employees. At Joblio, we take the time to understand your needs and find the best possible candidates for your company. We have a large pool of qualified candidates who are eager to work in Canada, and our team will do everything possible to match them with the right employer.

Consider becoming a social impact employer ? Reach out to Joblio for solutions on refugees hire and retention: employer@joblio.co

Originally Posted: https://vocal.media/journal/features-of-refugee-employment-in-canada

How to Become an Entrepreneur With No Money or Experience

You don’t need a lot of money or experience to become an entrepreneur. With the right mindset and some hard work, anyone can start their own business. In this blog post, we’ll show you how to get started on your entrepreneurial journey with little to no money or experience. Whether you’re looking to start a small business from scratch or take your existing business to the next level, we’ve got you covered. So let’s get started!

1. Get started with a business idea that you’re passionate about

Many people have great ideas for businesses, but not everyone has what it takes to turn their idea into a reality. It takes a lot of hard work, dedication, and passion to turn a business idea into a successful company. However, if you’re passionate about your idea and are willing to put in the effort, you can increase your chances of success.

As explain Jon Purizhansky, the first step is to validate your idea by researching the market and talking to potential customers. If there’s a demand for your product or service, the next step is to start planning your business. You’ll need to create a business plan, raise capital, and build a team of talented individuals who share your vision. It’s not easy to start a business, but if you’re passionate about your idea and are willing to put in the work, you can achieve success.

2. Do your research and create a business plan

Before you start your business, it’s important to do your research and create a business plan. This will help you determine whether your business is viable and how to make it successful. Begin by researching your industry and target market. This will give you insights into the needs of your customers and how to best meet them. You should also research your competition, so you can differentiate your business and attract more customers.

“Once you have a good understanding of your industry and target market, you can begin creating your business plan. Your plan should include an executive summary, a description of your products or services, financial projections, and a marketing strategy. Don’t worry if you’re not sure where to start—there are plenty of resources available to help you create a comprehensive and effective business plan. With a little effort, you can set yourself up for success from the very beginning.” – states Jon Purizhansky.

3. Build A Network of Mentors and Advisors

A mentor is someone who shares their experience and knowledge with you to help guide you in your professional development. An advisor is someone whose expertise you can rely on when making decisions or solving problems. Both mentors and advisors can be valuable sources of support, so it’s important to build a network of both. Here are some tips for finding mentors and advisors:

– Identify people whose experience and expertise you admire. These can be people you know personally or people you’ve only heard of through their work.

– Reach out to potential mentors and advisors, and explain why you’re interested in learning from them. Be prepared to explain what you hope to gain from the relationship.

– Be open to mentorship and advice in unexpected places. Sometimes the best mentors and advisors are people we don’t initially think of, so it’s important to keep an open mind.

“Building a network of mentors and advisors takes time and effort, but it can be incredibly rewarding. These relationships can provide invaluable support as you navigate your career journey.” – says Jon Purizhansky.

4. Raise money from family and friends

One of the most common ways to raise money for a small business is through family and friends. This can be a great option, as it allows you to tap into a support network of people who are invested in your success. However, there are a few things to keep in mind if you go this route. First, it’s important to have a clear and concise pitch for your business. You should be able to articulate what your business does, how it will make money, and how much you need to raise. second, you need to be prepared to answer tough questions about your business. Your family and friends are likely to want to know more about your plans, and they may even ask for collateral or a personal guarantee. Finally, remember that raising money from family and friends is a big commitment. These people are putting their trust in you, so make sure you use the funds wisely and repay any loans as soon as possible.

5. Launch your business and start marketing it

Starting a business is an exciting and daunting task. There are many important facets to launching a successful company, from developing a unique product or service to building a website and marketing your business. However, one of the most important aspects of starting a business is market research. Without understanding your target market, it will be difficult to create an effective marketing strategy. As you develop your marketing plan, consider who your target customers are, what needs they have that your product or service can address, and how you can reach them most effectively. With a well-researched and targeted marketing plan, you can set your business up for success from the start.

6. Keep learning and growing as an entrepreneur

As an entrepreneur, it’s important to never stop learning and growing. There are always new Opportunities and challenges to face, and the only way to meet them is to be open to new ideas and willing to adapt. Learning doesn’t just mean taking courses or reading books – it also means networking, listening to experts, and attending conferences. Keep your eyes and ears open, and you’ll be sure to find new ways to improve your business. Additionally, don’t forget the importance of self-reflection. Every so often, take a step back and examine your successes and failures. What could you have done better? What would you do differently next time? By constantly striving to improve, you’ll ensure that your business is always moving forward.

There’s no doubt that starting a business is a challenging task. However, by following these six tips, you can set your business up for success. From raising capital to marketing your business, each of these steps is essential to launching a successful company. So get started today, and see where your entrepreneurial journey takes you.

Originally Posted: https://vocal.media/journal/how-to-become-an-entrepreneur-with-no-money-or-experience

3 Common Tech Mistakes For Early-Stage Startups

There are a lot of important things to think about when you’re starting a business, and technology is often one of them. But even if you’re not particularly tech-savvy, there are still some basic things you need to know in order to avoid making common mistakes that can hurt your business in the long run. Here are three of the most common tech mistakes early-stage startups make, and how to avoid them.

  1. Not Having a Clear Plan for Technology

One of the biggest mistakes early-stage startups make is not having a clear plan for how they will use technology. This can lead to a lot of wasted time and money as you try to figure things out as you go along.

“It’s important to sit down and map out exactly what you need from a technology standpoint before you start spending any money or signing any contracts. Once you have a plan in place, it will be much easier to find the right tools and resources to help your business succeed.” – says Jon Purizhansky.

  1. Failing to Understand Your Target Market

Another common mistake startups make is failing to understand their target market when it comes to technology. Just because you’re using the latest and greatest technology doesn’t mean your target market will be interested in it.

“It’s important to understand what type of technology your target market is using and how they want to interact with your business. Only then can you make sure you’re using the right tools to reach them.” – states Jon Purizhansky.

  1. Not Keeping Up With the Latest Trends

Finally, another mistake that startups often make is failing to keep up with the latest trends in technology. This can lead to your business being left behind as others adopt new and better ways of doing things. Make sure you’re staying up-to-date on all the latest trends in your industry so you can be sure you’re always ahead of the curve.

As explained by Jon Purizhansky, avoiding these common mistakes will go a long way towards helping your startup succeed. Technology is a critical part of any business, so it’s important to make sure you’re using it in the right way. Plan ahead, understand your target market and stay up-to-date on the latest trends to give your business the best chance for success.

Technology is a critical part of any business, but it’s important to avoid making common mistakes that can hurt your business in the long run. Plan ahead, understand your target market and stay up-to-date on the latest trends to give your business the best chance for success.

Labour Shortage Trends In Canada

The demand for labour in Canada is constantly increasing, but the number of available workers is not keeping up. This has created a labour shortage in many industries, which is predicted to get worse in the future.

There are several reasons for this labour shortage. Firstly, the baby boomers are retiring in large numbers, and there are not enough young people to replace them. Secondly, many people who might have been interested in working have been discouraged by the weak economy. And finally, many Canadians are choosing to work in other countries where the wages and benefits are better.

The government and businesses are trying to find ways to address this issue. The government has been encouraging immigration and expanding the list of eligible occupations for temporary foreign workers. Businesses are offering higher wages and more flexible working arrangements.

In the first quarter of 2022, the average reservation wage was $22.00 an hour, while the average offered hourly wage was $25.00. This represents a significant increase in both wages over the past year.

Despite these efforts, the labour shortage is expected to continue for the foreseeable future.

“The recruitment process is a critical factor in the success of any organization. In order to find the best candidates, it is important to have a system that is fair and efficient. I believe that the best solution in global recruiting is the use of the gold standard.” — says founder of the global recruiting platform Joblio Jon Purizhansky.

The unemployment-to-job vacancy ratio in Canada

Unemployment in Canada is currently at a record low of 5.8%, amid a record tight labour market. This has created a situation where there are more jobs available than there are unemployed workers to fill them. This has led to a situation where the unemployment-to-job vacancy ratio is at a historical low of 1.6%. This means that for every 16 job vacancies, there are only 1.6 unemployed workers. This situation is forcing businesses to get creative in order to find the workers they need and is resulting in higher wages and better benefits for those workers who are able to find employment.

The unemployment-to-job vacancy ratio is lowest in Quebec and British Columbia. If you’re looking to hire new employees, you may want to consider targeting these provinces.

Despite the challenges, there may be a way out for your business.

As explained by Jon Purizhansky: “You could consider reorienting your hiring strategy and bringing in foreign workers. Foreign workers can help to fill critical gaps in your workforce and can contribute new skills and perspectives to your company. Additionally, they can help to reduce costs and improve efficiency. If you’re looking to expand your business, hiring foreign workers may be the solution you need.”

If you’re thinking of hiring foreign workers, delegating the recruitment process to professionals could be the winning solution. By working with the global employment marketplace Joblio, you’ll have access to a large pool of qualified candidates, and you’ll be able to avoid the hassle and expense of recruiting on your own.

“Joblio platform is accessible globally, so we can help you find the best candidates for your business. We also have expertise in immigration law and HR procedures, so Joblio can help you navigate the complex process of hiring foreign workers.” — states Jon Purizhansky.

Joblio’s team can help your business find qualified candidates to fill open positions quickly and easily. We have a large pool of talented professionals who are ready to be hired, and our program is designed to make the process as simple and efficient as possible. Reach out to us today to learn more about how Joblio can help you find the best employees for your company. We know all about hiring international employees and how to hire immigrants legally.+

Thank you for taking the time to read this article. We hope it was helpful. Reach out to Joblio’s team employer@joblio.co to learn more about the program and how it can benefit your business.

Originally Posted: https://joblio.co/en/blog/labour-shortage-trends-in-canada/

How Refugees Facilitate Business Growth

There has been a lot of discussion in the media about refugees in recent months. Some argue that they are a burden to society, while others claim they provide essential skills and talents that benefit the economy. What is often overlooked is the fact that refugees can facilitate business growth.

Jon Purizhansky, the founder and CEO at global recruitment platform says that refugees can be beneficial to our economy. He offers his reasoning why in this article by telling us about how they’ve helped him grow his business into what it is today with hard work but also highlighting some key benefits we’ll receive from welcoming these newcomers on board!

1. The global refugee crisis and its impact on businesses

The current global refugee crisis has led to an influx of refugees seeking asylum in developed countries. This has put a strain on social services and infrastructure, as well as creating challenges for businesses trying to operate in these countries.

However, it’s important to remember that the majority of refugees are not fleeing their homes because they want to; they’re doing so because they have no other choice. And many of them are highly skilled and educated individuals who can contribute a lot to our economy.

2. How refugees can facilitate business growth

Refugees often arrive in new countries with few belongings and little money. This can lead them to start their own businesses, as they have nothing to lose and everything to gain.

3. How businesses can benefit from refugees

Despite the challenges that businesses face when accommodating refugees, there are also a number of ways in which they can benefit from doing so. For example, refugees often have skills and talents that can contribute to the growth of a business. Additionally, providing assistance to refugees can help to improve a business’s image and reputation.

4 Reduce the shortage of labor at the expense of refugees

“The current global refugee crisis has led to a shortage of labor in many industries. This is especially true in the agricultural sector, where refugees make up a large portion of the workforce. In order to reduce the shortage of labor, some countries have begun to allow refugees to work in their agricultural sector. This policy has several benefits. First, it helps to address the root cause of the labor shortage by increasing the supply of workers. Second, it provides refugees with much-needed employment opportunities, which can help them to integrate into their new communities. Finally, it helps to boost the local economy by increasing the demand for goods and services. Consequently, reducing the shortage of labor at the expense of refugees is a win-win solution for all involved.” – states Jon Purizhansky.

5. The importance of welcoming refugees

As explained by Jon Purizhansky, while businesses may be hesitant to welcome refugees due to the challenges associated with doing so, it is important to remember that these individuals are human beings who deserve our compassion and assistance. By welcoming refugees into our businesses, we can help to make their lives better and contribute to the growth and prosperity of our economy.

Overall, it is clear that refugees can facilitate business growth in a number of ways. They bring with them a wealth of skills and talents, and their entrepreneurial spirit can help to boost the economy. Additionally, helping refugees to integrate into the workforce can alleviate labor shortages in many industries. Finally, welcoming refugees into our businesses helps to show compassion and humanity. In light of all these benefits, it is evident that businesses should do everything they can to welcome refugees.

Business Growth Opportunities In A Slowing Economy

An economic slowdown can affect some companies more than others. However, when the recession hits, most executives and their teams will need to find ways to overcome the challenges that arise. Contrary to popular belief, a recession does not mean that all hope for growth is lost. A slowing economic climate can create business opportunities if leaders know how to take advantage of them. Here are four ways to start a business, as suggested by Jon Purizhansky, the founder of Joblio Inc.

To grow your customer base, focus on increasing your marketing efforts

Any business owner knows that acquiring new customers is essential to the growth and success of a company. However, during tough economic times, it may be necessary to increase marketing efforts to your existing customer base. Although they may not be spending as much, people generally don’t buy products and services they don’t know about. So, by increasing your marketing efforts to current customers, you can help maintain sales and keep your business afloat during a recession. It’s important to remember that even though times are tough, people still need (and want) your product or service. By reaching out and reminding them of what you have to offer, you can stay top-of-mind and ensure continued success for your business.

“When the economy slows down, business owners and managers may start to worry about how they will maintain profits or continue to grow if consumers reduce their spending. The difficulties associated with the recession are prompting business leaders to take actions that reflect consumer behavior, such as finding ways to cut costs, postponing major projects, or freezing hiring.” – says Jon Purizhansky.

2. Review your pricing strategy

A recession can be a good time to review your company’s pricing strategy. When consumers are spending less, businesses need to find ways to make their products and services more affordable. This may involve discounts, bundling, or other types of price adjustments.

In addition to making changes to the prices of individual products and services, companies may also want to consider changing their overall pricing strategy. For example, during a recession, businesses may want to move from a premium pricing strategy to a value-based pricing strategy. This involves offering customers lower prices in exchange for loyalty or repeat business.

3. Cut costs without compromising quality

In order to maintain profits during a recession, businesses need to find ways to cut costs without compromising quality. This can be a difficult balance to strike, but it is important to remember that customers still expect high-quality products and services – even when the economy is struggling.

One way to cut costs without sacrificing quality is to streamline your operations. This may involve automating processes, outsourcing work, or reducing staff. Another option is to negotiate better deals with suppliers. If you can get the same level of quality for less money, it will free up more resources to invest in other areas of your business.

As explained by Jon Purizhansky, quality should never be skimped on, as this can lead to losing loyal customers.

4. Focus on cash flow

During a recession, businesses need to be extra careful about managing their cash flow. This means tracking expenses closely and making sure that you have enough money coming in to cover your outgoings.

“One way to improve cash flow is to offer customers more flexible payment terms. For example, you could allow them to pay in installments or offer discounts for early payment. Another option is to invoice customers as soon as the work is completed, rather than waiting until the end of the month.” – states Jon Purizhansky. 

Following these tips can help your business weather a recession and come out the other side stronger. By focusing on your existing customers, cutting costs, and managing cash flow carefully, you can keep your business afloat – even when times are tough.