U.S. Tariffs How to navigate Trump’s potenital tariffs: Focus on what you can control he recent buzz around Trump’s pro -posed tariffs has many Canadian busi -nesses—and their American counter -parts—feeling uneasy. For exporters and domestic manufacturers alike, the concerns are real: • Higher costs • Tighter margins • Shifting trade dynamics But while these challenges are signif -icant, they are far from insurmountable. In fact, businesses that take a proactive approach have an opportunity to emerge T By Richard Kunst leaner, stronger, and more competitive— regardless of the tariff environment. So, how do you prepare for this poten -tial shake-up? The answer lies not in panic but in process. By optimizing efficiency, businesses can offset rising costs and nav -igate an uncertain trade landscape with confidence. FIND AND FIX HIDDEN INEFFICIENCIES profitability. Now is the time to take a close look at your processes. Conduct a deep dive to identify where things slow down or break down: • Are there delays in production? • Is there unnecessary waste in materials or time? • Where are the most significant cost sinks in your operation? For many businesses, these inefficien -cies can be corrected without major capital investments. Simple adjustments often de -WINTER 2025 Many businesses don’t realize how much money they lose due to inefficiencies lurk -ing within their operations. From redun -dant workflows to production bottlenecks, wasted time and resources quietly erode 18 Canadian BIOMASS PHOTO: © ruskpp / Adobe Stock
Canadian Biomass Winter 2025: Page 18
