Almost a year to the day after his company was acquired by accounting powerhouse BDO Canada, Bill Syrros admits that what his entrepreneurial radar saw as a smooth path to growth turned out to be a lot bumpier than he anticipated.
“We literally signed our paperwork and went into a pandemic,” the CEO of Ottawa-based software firm Lixar says.
“What we didn t predict was some massive event like that which would cause us to, instead of accelerating our growth, (work) on a recovery strategy.”
One of the big data analytics firm’s most important customer verticals, the airline industry, shut down virtually overnight last spring in the wake of tough travel restrictions aimed at containing the spread of the novel coronavirus.
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Lightspeed POS and Brookfield Renewable Partners could be excellent buys on the stock market right now for the potential of both underlying companies to grow massive in the future.
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