If you are in Vancouver on January 18th and 19th at the BC tech fest come see SME Strategy at booth 17
On July 23rd we'll be hosting our quarterly business mingler at the Pint in Downtown in Vancouver.
Earlier in the month the founder of SME Strategy: Anthony Taylor got interviewed by Vancouver entrepreneur podcast about his experience as a business consultant in Vancouver.
Wilmington Tennis is a startup in the greater Toronto area trying to move through public procurement to get the ball rolling on their tennis programs that support the community. Working with public organizations is easier said than done, and takes a specific strategy to get into the hearts and minds of the decision makers.
We are super excited!!!
I'm very happy to announce that through my work with various small business support centers in Vancouver, I've been chosen to participate in this workshop to increase international trade and small business development across the Americas.
“There are plenty of jet cutters in the city, but we’re one of only two companies with 3-D capability,” says Mr. Boogaerts, Nu Dimensions’ chief financial officer. “The big advantage for our clients is that they no longer have to do any machining after, because we can cut precisely to virtually any shape they want.”
Anthony C. Taylor, principal at SME Strategy Consulting in Vancouver, says focusing on a niche market is one way a small business can stand out in a crowded space. But it does come with a risk: if that market slows down or collapses, so can the suppliers serving that niche.
He commends Nu Dimensions for building a diversified client roster.
“This is a really smart strategy,” he says. “When one industry is down, others will be up and vice versa.”
While there may be less competition in a niche market, getting a foot in the door can be hard because prospective customers will likely have tight, long-standing relationships with a select group of suppliers.
“If they’ve been using the same suppliers for years, the odds of you getting in there are pretty small,” he says. “Unless you have a significant differentiator, which seems to be the case with Nu Dimensions.”
Measure what matters over the next year and beyond.
Adapted from the Vancouver Board of Trade- Sounding Board article January 2014