Grow North: How Doing Business in Canada Presents Immediate Growth Opportunities
The passion to grow is the same love and passion that spurs one to become an entrepreneur and open their own staffing firm. As the great Wanda Sykes once said, “If you feel like there’s something out there that you’re supposed to be doing, if you have a passion for it, then stop wishing and just do it”. Once we are out there doing it, growth is the natural byproduct of doing what we love. Whether you like travel or prefer to stay local, another country might just be where there is surprisingly low hanging fruit that you can take advantage of in your growth strategy without leaving your local office.
Two Simple Questions
Many US Employers have Canadian operations and with the US economy at roughly 20 times Canada’s, that means there is the potential for 5% more business from your current US Clients by asking your key relationships two simple questions:
Do you have business in Canada?
Can we serve your needs there?
A Great Differentiator
It can also be a differentiator when bidding on contracts or negotiating with clients when you can serve their needs out of country. One great supplier relationship is usually preferred.
The size of the Canadian Staffing Industry Marketplace is 10.8 Billion and is the 11th largest market in the world (SIA). The industry as a whole boasted $648 billion global revenue in 2023, reported by SIA, with approximately 75% of the business as agency work, according to Statista, with the remaining 25% recruitment services.
Interesting statistics to note, Canada is roughly the population size of California, on a land mass that spans the United States with multi-jurisdictions and two legal systems. California’s population of 39.5 million as of 2023 is just shy of Canadas national population of 40.1 million as of July 2023 and you have easy access to it all.
Getting Set Up for Canada
Setting up to provide staffing services in Canada takes less than two weeks.
Through our partnership with Advance, we make it easy to get set up.. With a single service agreement in place in Canada, everything is managed for you from employer of record services (EOR), back office, payrolling, 24/7 system access and reporting with national compliance in any Canadian jurisdiction. The best part? It all runs seamlessly through your existing partnership with Advance Partners. There is no need to set up an office or take on any additional expense, except maybe a phone plan. Plus, when your clients give you Canadian business to fulfill, there’s always the benefit of visiting some beautiful and vibrant Canadian cities… all in the name of business of course!
I suggest at least a week.
