Ship contracts in B.C.

On Monday Seaspan Marine’s net  $3.3-billion federal contract to build 10 coast guard ships to training new people.

That’s good news for a province that has more than $73 billion in possible industrial construction projects, also the educators fill the demand of province needed to invest in skill training.

The company faces competitive pressure from other industries that need workers with the same skills, such as welders, machinists, and engineering technicians. But a revived shipbuilding industry can offer long-term employment where other construction projects cannot, Shaw said.

It is good that B.C. tries to improve employee’s skill based on their training.  It will help the ship company to increase their profit.

Article link: http://www.vancouversun.com/news/Ship+contracts+increase+need+skills+training/9010035/story.html

Small Business Owners vs. Big Business Owners

Small business or big business, both have their advantages and disadvantages.  Both needed times to operate in a right way.

Based on a recent BMO survey, it suggests that small business owners in Canada are more confident about the future than they were last year.  BMO uses the survey to calculate a business confidence index, which takes into account how a business is currently performing.  “The positive outlook among businesses for 2014 is consistent with our forecast for accelerating

growth as we move into next year.”

Compare to big business, small business has the more ability to improve their profit.  Therefore, we cannot only look at one side of a business.

The article link: http://www.cbc.ca/news/business/small-business-owners-gaining-confidence-bmo-survey-suggests-1.1928656

Different Factors to Negotiate a Business

If we want to negotiate a business successfully, there are lots of factors have to be considered.  Not only the factors link to the company, but also connect with the government.

From this CBC news, Manitoba Telecom Services tries to sell its business unit Allstream to Egyptian investment group Accelero Capital.  However, the federal government has rejected a deal for it to sell its business to Accelero Capital, because the “unspecified national security concerns.”  On the other hand, MTS said: “MTS Allstream and Accelero continue to believe this transaction is to Canada’s net benefit and to the best of our knowledge would not be injurious to national security.”

This article shows that sometimes government will interference the business that dangerous to the nation.  When to create a business plan, different factors may lead to different consequences.

The article link: http://www.cbc.ca/news/canada/manitoba/allstream-sale-to-accelero-rejected-over-national-security-1.1929191