Canada’s economy managed to avoid the worst of the global economic crisis, but for companies seeking rapid growth the current situation can hardly be considered ideal. However, the firms on the PROFIT 200 haven't noticed. Many of them are growing at astounding rates, soft economy or not.
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How are they doing it? Some have ventured afield in search of new markets — and new sources of capital. Exports have risen to the U.S., Western Europe and South America (to name a few regions), and entrepreneurs are tapping both conventional sources of financing and previously underused government programs.
Excellent growth would not be possible without excellent employees, the market for which is tightening as the talent crunch returns. In response, employers are brandishing a wide arsenal of retention strategies, including benefits plans, training programs and bonuses — along with the prestige of working for a leading-edge company.
The lessons on offer from the PROFIT 200 can be applied to any business, be it a fledgling startup or established player. Keep reading for insight and inspiration on how to take your company to the next level.