margaret, Author at Tech Finance Canada

July 19, 2024

Cash in on Crunch: Why Investing in Freeze-Dried Candy is Recession-Proof

Invest in high-demand niches like freeze-dried candy to outperform market fluctuations. Analyze consumer trends showing increasing preferences for shelf-stable, gourmet options. Partner with innovative producers like those in the bonbon freeze dry sector, offering unique products. Leverage scalable business models that accommodate cost-effective production and distribution. Evaluate the supply chain resilience and procurement strategies of companies to ensure stability amidst economic downturns.
Understanding Recession-Proof Industries
Economic Resilience Factors
In the realm of …

November 17, 2023

The Hidden Costs of Vaping: What Every Investor Should Know

For professional advice and products, visit vape shop taschereau to gain insight into industry-specific strategies and the latest devices. Evaluate vaping costs by tracking monthly expenses such as purchasing devices and e-liquids. Set a realistic budget to manage these recurring expenditures effectively. Research broader economic impacts, including potential health costs and insurance considerations, as these can significantly influence financial planning. Explore investment opportunities in the vaping industry by staying informed about market trends and emerging technologies. Analyze savings or …

August 2, 2023

The 4 Best Credit Score Apps to Monitor Your Credit

Want to keep an eye on your credit score, huh? Smart move. Monitoring your credit report and score regularly is one of the best ways to catch fraud early and prevent errors that drag your score down.
The good news is that some tremendous free credit score apps make it easy to stay on top of your credit 24/7 from your phone.
We found 5 of the top-rated credit score apps and put them to the test. While monitoring industries …

January 5, 2023

Which Industries Have the Highest Inventory Turnover?

Inventory turnover can determine whether a business is performing well or worse. To further define it, it is the rate of how fast a company buys and sells its products to its customers. It indicates an unfavorable scenario when a business has a low inventory turnover. It might mean that it has poor management that is prone to making unsound decisions, unsatisfactory sales approach of the Sales people, or having too many obsolete goods in the inventory list.
Based on recent statistics, here are the industries with the highest inventory turnover:

Financial
Services
Transportation
Technology…

September 9, 2022

Industries That Thrive During Recessions

Due to the COVID-19 pandemic, the US economy faces another recession. Like in 2008, the Great Recession has taught industries several lessons. Based on the data from the last recession, some industries have thrived while some have experienced the worst impact of the economic recession.
Since every industry differs from one another, some will be stable even during a recession because it depends on the varying consumer behavior in that particular period. Are you wondering what kind of industries will survive an economic downturn? Here’s a list of thriving industries:
1. Discount Retailers
During the 2008 …

November 10, 2021

Smoking Cost: Physical, Financial and Social

Smoking cigarettes and vaping can cost a lot financially as well as to your health. The societal problem of smoking-related diseases is boundless, resulting in an expensive cost of life and health insurance. Acc to Industry leaders vaping or smoking cigarettes is harmful to you and your family and loved ones as well since you are emitting toxic chemicals that can threaten their wellness and health. This article will further discuss the physical, social and financial costs of smoking to society.
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September 1, 2021

Understanding Vertical Market

Companies having a specific niche are considered to be a part of a vertical market. These companies provide specialized services for a specific market only. However, higher profits can still be expected since a narrower target market can result in producing marketing campaigns that are right on point and directed to the identified market. On the other hand, you call a market that targets multiple industries horizontal markets.
Why Choose a Vertical Market?
Though this market is intended for specific people only, several advantages can be highlighted:

As companies under this market target a …

Author: margaret