Vivision Consulting

Small businesses are the engine of employment in Canada, responsible for 41.1% of private-sector jobs. The Accommodation and Food Services sector alone added 113,300 jobs, showcasing its immense growth potential and the critical role it plays in the economy. Similarly, Professional Services contributed 32,400 jobs, highlighting the increasing demand for expertise and innovation. However, the path to long-term success requires strategic planning and resilience. Goods-producing businesses demonstrate a strong survival rate, with 69% enduring beyond five years, reflecting their stability and adaptability. In contrast, service businesses face more volatility, with only 41% surviving past eight years. This disparity emphasizes the need for diversification and adaptability in service-oriented industries to thrive amidst changing market dynamics. Embracing technology integration, exploring new markets, and adopting sustainable practices are essential strategies for small businesses to enhance their competitiveness and ensure long-term success. By leveraging data analytics and fostering collaborations, businesses can unlock new opportunities and drive innovation. #EmploymentTrends #BusinessSurvival #Innovation #Sustainability

Merry Christmas. Wishing you joy, love, and happiness this holiday season

The Canadian business landscape is heavily segmented between the Goods and Services sectors, each offering unique opportunities for growth and innovation. The Services sector, comprising 78% of all businesses, is a testament to Canada's shift towards a knowledge-driven economy. Professional, Scientific, and Technical Services lead with 16%, reflecting the growing demand for specialized expertise and innovation. In contrast, the Goods sector, though smaller at 22%, is dominated by Construction, which represents 58% of businesses in this category. This dominance highlights the ongoing demand for infrastructure development and building-related activities, presenting lucrative growth opportunities for businesses within this sector. Furthermore, traditional industries like Agriculture, Forestry, Fishing, and Hunting, alongside Manufacturing, each hold a 20% share, showcasing the diverse nature of the Goods sector. This diversity underscores the potential for businesses to innovate and expand within both resource-based and production-focused industries. #BusinessInsights #SectorGrowth #CanadaBusiness #Innovation

Every week at Vivision, we have “Tuesday Learning,” where one of our team members gives a presentation.  This week, Donya presented on FOMO in marketing. A question that came up among the team was: Is it right to use the FOMO technique? Is it correct to create a fear of missing out for the customer in marketing? Please leave your thoughts in the comments. You can check out the slides here:  #FOMO #MarketingStrategy #DigitalMarketing #TuesdayLearning

Small businesses are not just contributors to the Canadian economy; they are the architects of innovation and community development. Representing 97.8% of employer businesses, these enterprises are pivotal in shaping economic landscapes across provinces. Ontario leads with 455,064 businesses, accounting for 37% of the national total, while Quebec follows with a significant 21% share. This dominance underscores the dynamic and vibrant nature of Canada's business ecosystem. The sheer volume of small businesses (over 98% with 1-99 employees) highlights their crucial role in fostering economic resilience and adaptability. As key drivers of innovation, small businesses are instrumental in creating jobs and nurturing local economies. Their ability to pivot and respond to market changes positions them as vital players in Canada's economic future. #SmallBusiness #CanadaEconomy #Innovation #EconomicGrowth

The "whole" doesn’t just come from the parts—it reshapes them. Learn how system causation transforms creativity into a collective process. #SystemCausation #EmergentCreativity

Forget linear thinking—creativity thrives in non-linear systems. Learn how emergent systems produce innovation through patterns of possibilities. #NonLinearCausality #Emergence #Creativity

Assemblages are networks of relationships shaping the creative process. By focusing on these interconnected systems, we unlock new paths for innovation. #Assemblages #CreativeNetworks #Emergence

Creativity isn't just about individual genius anymore. It's about understanding how systems, relationships, and interactions produce innovation. Let’s explore the concept of emergence and why it’s redefining creativity. #Emergence #Creativity #Innovation

📈 Growth is exciting—but is your business ready to scale? A well-designed organizational structure is the backbone of sustainable growth. As your business evolves, complexity increases. Without the right framework, productivity and efficiency can take a hit. Here’s how you can prepare: ✅ Adopt Hybrid Models: Combine flexibility and authority for the best of both worlds. ✅ Regular Reviews: Ensure your structure evolves with your market and goals. ✅ Optimize Resources: Allocate efficiently, minimize redundancy, and maximize impact. Ready to future-proof your business? Let’s dive deeper into the strategies. 🚀