Virtus Insights

Businesses, non-profits, and charities that have experienced a decline in revenues while weathering the COVID-19 crisis are eligible for a variety of government support measures including direct subsidies to support workers and pay rent. The Canada Emergency Wage Subsidy helps employers retain and quickly rehire workers previously laid off. The Canada Emergency Rent Subsidy provides...

Leadership is essential in any business or organization if you want to succeed. In the below video we explore a snap shot of the importance of leadership. You will learn about leadership areas of focus, managing versus leading and about the leadership styles and when its appropriate to apply each. Please contact us if you...

In the next video of our strategic solutions series, Virtus Partner, Marc Hoffort will go through an easy to understand four step approach to problem solving using some of the tools and the framework that we’ve previously gone over. Whether you plan on utilizing as part of your longer-term strategic planning process or on an...

Explore a Strategic Planning model and other best practices to apply to your business in these challenging times. Take another look at your Sustainable Competitive Advantage, try a blank canvas exercise and use a decision matrix to overcome indecisiveness. Use these strategies and other tools to come out ahead. Get in touch with us for...

Change can be difficult and uncomfortable, but it is necessary. By using a Change Success Model you can better diagnose and manage challenges before initiating change to ensure the best chance of success. In the below video, watch Virtus Group Partner, Craig Reed explore tools to help execute a successful change, learn about three factors for...

This presentation explores tools business owners can apply to achieve and sustain a competitive edge. It lays out a competitive analysis to shed light on areas of growth and strategic priorities to reach or surpass the competition. Following the competitive analysis we delve into a sustainable competitive advantage tool – once you are on top...

This video provides information to help business leaders take a fresh look at their products and services. Take a look at your products and services through the lens of Product Surround, examine four ways to grow your business and perform a strategic SWOT analysis to assist in determining the areas that may need to be...

The below video discusses best practices for improving Sales Process. We consider gaps that have previously existed or may have arose during the pandemic in 2020. By keeping what works well and addressing gaps in best practices you can implement a new hybrid sales process for 2021. We can help you with Sales Process or any other...

Tools to help business owners navigate this crisis In the below video you will learn about effective tools to help guide business owners through this crisis including a survive checklist, a waste audit to identify areas for potential cost savings, a pivot/adapt checklist, a competitor analysis to pinpoint areas of strength/weakness for further development or improvements, a COVID-19/PESTEL checklist (political, economic, social, technological,...

Canada Revenue Agency announced this week that they are temporarily simplifying and expanding the office-in-home deductions for employees. Background Traditionally office-in-home deductions are only allowed when the employer has a contractual expectation that the employee fulfill some of their duties at home; the deductions are then based on actual expenses incurred in residing in the...