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business

Economy of Scale and a Bad Idea

Most people are well aware of the concept of economy of scale – it’s cheaper to buy the huge box of cereal that could feed a family of 10 for a month than to buy the small box that could feed you and your spouse for two weeks. When you buy a lot, the price […]

Rules of Work

When you’re in an employment situation where striking is not an option, what can you do to force negotiations with your employers? If you’re working with a contract, then you can play by the rules, and drive your employer crazy. Just follow the rules. Many rules are defined as part of any work agreement, but […]

Fickle Consumers

That’s right, we consumers are a fickle bunch. Today we buy from company A because we heard some great things about them, and tomorrow we run for the hills and look for the local products, because local is in. We like to follow fads, and we’re actually pretty good at doing that. Companies are well […]

Keep Track of This

Sometimes it’s not how good or bad a product is, or how solid the pitch and the numbers are. Sometimes it’s just about getting a plain return on the investment that will determine whether or not a deal can be struck.

Competition and Anti-Trust Law

In the markets of the past century, there have been various attempts to achieve the following – to increase the amount of competition in any given market. The reason for laws to govern this is simple – when a small group of individuals or companies controls a segment of the market, they can drive up […]

Lights are on in Dragons' Den

This week on Dragons’ Den on CBC the deals returned to normal – entrepreneur comes on the show, demonstrates his product, and leaves with a deal. Or perhaps, it wasn’t quite that simple. Robert Simoneau of Saint Laurent, Quebec, came on the show representing his company, Posilight. His company has developed a product which, if […]

Avoiding Layoffs at All Times

I was reading an interesting pair of articles on CNN (here and here) regarding 15 companies which have, despite poor economic conditions, managed to avoid laying off any members of their workforce. The stories were varied from one another, but there were still some common ideas behind all 15 companies. What struck me as being […]

Dragons' Den Episode 3 – The Air Mouse

This deal shows that if you know what you have, and know what you’re worth, it doesn’t have to be so tough on the Den!