## 11/4/2022 ### Conversation with Justine regarding Contract * They are heavily funded by the Canandian Government * FY is April - March * Gov't was very forgiving during the pandemic * This year, they are not funding any training _unless_ there is a mechanism for immedieate feedback * HC also invested a lot of money on content creation, videographers, etc. * As such, will not be renewing with Northpass. * They need to convert all their stuff into man power, which is less profitable * This is challenging their structure and profitability * They need to prove to clients that within a year, they will reach their ROI for the training * What's covered and what isn't by the Government: * 20 people in training * HC charges 12 hours of online training, for example * The only way that is covered if the 20 people are together, watching together, providing feedback to each other. * But that 12 hour could only be charged once. So it would have to be a 12 hour sitting. * Then each 20 would have to book with the instructors for 1:1 coaching * That would be a ton of hours per employee, a huge sunk cost * How are they going to change their business model? * 2k per head, minimum 10 people clients * Break that 2k into small chunks and charge x * 10 or *20 depending on the number of people