Research and development to build your business
It’s not reserved solely for big businesses – a business of any size can conduct research and development, and benefit from it.
It’s not reserved solely for big businesses – a business of any size can conduct research and development, and benefit from it.Bottom of Form
Your company likely operates in a fast-paced and highly competitive marketplace where other operators are constantly searching for ways to improve their products or services – anything that can give them an edge in satisfying the constantly changing preferences of today’s demanding consumers and businesses.
An investment in research and development may help you to stay ahead of those competitors by finding out today what your customers will want tomorrow.
Think of research and development (R&D) as a process involving these five steps:
Following the above steps can be expensive. Explore government resources that may help you.
‘Innovate or die’ is a popular mantra for many business owners who embrace the idea of continuous improvement. By investing in research and development, your business could enjoy greater profits further down the road.
If you have not yet started your business, let us help you determine the feasibility of your new idea.Go
If you've been in business up to 2 years select this option to identify how to run your business more effectively.Go
If you have been in business for more than 2 years, determine the crucial next steps for growth.Go
*No purchase necessary. The Contest commences at 12:01 a.m. (ET) October 23, 2016, and ends at 11:59 p.m. (ET) October 22, 2017. To be an entrant, you must be the named recipient of this notification, a legal resident of Canada and the age of majority, but not an employee, agent or representative of Scotiabank, its affiliates or subsidiaries, or a member of the household or immediate family of above parties. Selected entrant must answer time-limited mathematical skill-testing question. One (1) Grand Prize: $10,000. Five (5) Secondary Prizes: $1,000. Chances of winning depend on the total number of eligible entries received during the contest period. Click here for full contest details.