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18Apr

With a Toronto Serviced Office, There is No Need to Hire Administrative Support Staff

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It is a dilemma you will face at some point during the life of your small business. The company is growing nicely but there is only so much you can do. Adding administrative support staff is an option to help you with the administrative work while you concentrate on your core business. What if you could have a serviced office Toronto that has administrative support staff that works for you on an a-la-carte basis? Would that not be a big help to growing your business?

A key function of support staff is answering calls and greeting clients or guests who visit your business. With a serviced office at Telsec Toronto office space, you already get a professional receptionist who performs these functions at no extra cost. Then maybe you need someone to do some filing or sort your mail for cheques and invoices, these tasks can be handled for a small secretarial fee.

Let’s look at the costs of having support staff at a traditional office space.

One of the most costly parts of a traditional office space Toronto is typically administrative costs, especially the hiring of administrative staff. Yes it would be great to have someone to take care of secretarial, bookkeeping and other tasks that are not part of your core role in the business, but can you afford to hire someone who is not directly helping with the main functions of your business serving your clients or selling to new customers?

The first thing you have to consider is the cost of hiring and training someone. Not only are there the costs of employee benefits and payroll to consider – do not forget that your small office will probably have to move to a bigger space, sign a lease and purchase more equipment. So the other benefit – only using secretarial, support and other administrative staff at a Toronto Serviced office space – is that you do not need to make space for them or buy equipment.

While most people think of secretarial, bookkeeping and administrative support staff being offered as on-demand office services at a Toronto serviced office, they do not realize what other services Telsec can help arrange.
- Accounting – Petty cash records, setting up and maintaining accountancy packages and taxation.
- Airport Pickups – If clients or guests needs airport pick up, Telsec can organize a reliable and professional limousine / car service. Telsec can also help clients arrange downtown car services to get to and from other meetings.
- Presentations – Professional presentations and desktop publishing, as well as database compilation.
- Presentation Binding – Professionally bound and delivered by one of our staff to your office ensures effective use of your time.
What really surprises potential Telsec serviced office space customers is that they can also help to arrange graphic design services, web design services, a professional photographer to take product photos, commercial photos or corporate head shots – and Telsec can even help to arrange catering for meetings and working lunches.

You can also read Tony’s ” The Ballad of Serviced Office Benefits” for his thoughts on serviced offices
17Apr

Small Businesses like those who Rent Toronto Office Space at Telsec are Driving Canada’s Economic Recovery

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It is not government bailouts or consumers tightening their belts or even government stimulus money that has helped pull us through this global meltdown. It was small businesses that were prepared for the downturn. Many small business owners knew there was an economic downturn coming, but they did not know when. To prepare for a bad economy, a lot of smart small business owners made sure to get their debts under control and manage the resources they had control of. One such way that some businesses decided to best use their resources and manage their costs was to abandon the traditional office model and move to an office business centre.

By moving away from a traditional office model, they were able to eliminate capital costs of office furniture, leasing or purchasing photocopiers as well as a telephone system (also not requiring to pay the salary of someone to answer the phones). They also were able to save by not paying rent on office areas that were not always in use or were not contributing to company income. While boardrooms and meeting rooms can be important to conducting business, the truth is that many boardrooms and meeting rooms in a traditional office are often the most underused areas and the business still needs to pay rent on that space. When a business rents a Toronto office space from Telsec, they do not pay extra for the use of the many boardrooms and Toronto meeting rooms – they are free for clients to use.

Another reason that small businesses are walking away from the traditional office model is to make their costs and expenses more transparent so they can better budget and predict what their cash flow needs to be. Administrative costs can often take a company off course, especially when hiring administrative staff and not having enough work to keep staffers productive. At an office business centre like Telsec, a company can find many services on an a-la-carte basis at reasonable prices. There is no hiring or training costs associated with having a staff member.

Some of the services offered or arranged at Telsec include:
- Accounting – Petty cash records,setting up and maintaining accountancy packages and taxation.
- Administrative Support – Expert Secretarial for filing, speed typing, Dictaphone, presentations, desktop publishing and database compilation.
- Binding – Professionally bound and delivered by one of our staff to your office ensures effective use of your time.
- Bookkeeping
- Catering – When organizing a meeting over breakfast or lunch, a variety of menus are available for selection.
- Graphic Design
- Photography
- Web Design
- And Many More
12Apr

The New Old Boys’ Club Is Being Run By Women

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While only 12 of the Fortune 500 companies are run by women, there are a lot more large corporations that are run by a woman. Women are slowly making their way into senior executive positions and in the seats of big boardrooms, but many say that more is needed to get women into those top positions.

When you look at medium and small sized companies, the numbers of women entrepreneurs is rising and their businesses are growing faster than those of their male counterparts. One just needs to look at business centres like Telsec and see the number of Toronto office spaces that are rented by companies that are owned or run by women – and many others have women in senior positions. In fact, the Vice President of Telsec is a woman.

In a recent article in Forum (The Magazine of Influence for Financial Advisors) called “the New Old Boys’ Club: Women advisors are redefining the profession”, many of the women (who are some of the top financial advisors) recognized that there is an old boys’ club, but were still making inroads. One even insisted that men who traditionally worked with male financial advisors were re-thinking their position on women as financial advisors when they saw what some were doing for their friends.

After some investigation, I found that there are 2 women who have their office space Toronto at Telsec that are independent financial advisors. There are 15 office spaces that are rented by companies that are run by women and 8 Toronto office spaces that are branch offices run by a woman. It is not surprising that the numbers of woman-controlled companies and organizations are choosing to make the smart choice of having Toronto office space at Telsec. They know what they want and they ask for it… and Telsec delivers what they want and need in terms of office space requirements and additional administrative needs.

Currently, over 47% of the workforce in Canada is women and almost the same percentage are women entrepreneurs. Telsec wants to work with and help women who are starting their own business and need the right place to grow.
09Apr

Taking Office Space Toronto Photos

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We have a number of photos on our website that are of our Toronto office space building and interior. Most of the photos that appear on our website have been purchased for use from the photographer or are commissioned photos that we have full rights to.

All of the interior shots of our Toronto executive offices are commissioned photos that we have paid the photographer to do. All of the photos of the Toronto waterfront that include our building have also been commissioned photos to showcase the location of our office space Toronto. There are also a few photos of the Toronto Island Airport and other aerial photos that have been purchased from stock photography agencies.

Recently, our staff photographer did a specialized web search of where our photos were being used and found that other websites are indeed using photos of our office space Toronto and claiming them as photos of their own space. As comical as this may sound, they are lying to their potential clients who are looking for Toronto office space. It would be a disappointment to show up at an office space location and not see an office that resembles the one in the photo. With Telsec, when you see an office space photo or a view from an office, it is what you see. Our photos are often updated when the view from that particular office changes. We want you to see what you are getting and not what we think you want to see.

Speaking of updated photos, this past fall our lobby area was renovated and we updated the reception photos. When our boardrooms were updated with new flat screens a few months ago, we made sure we updated the photos of our Toronto Boardrooms for rent photos.

Most often the newer photos we get of our Toronto office space will appear first in our blog or tweets before making their way to the www.telsec.net web page.
04Apr

The ballad of serviced office benefits

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Why rent a serviced office Toronto you might say?

Well, you’ll discover many serviced office benefits right away!
Serviced offices save money now and in the long run,
Giving you more extra cash to have more fun!
So now we present 15 reasons to rent a serviced office today;
And it’s not just the savings that will make you decide to stay.

1. Amenities galore we have in store so working will never be a bore.

2. Toronto Boardrooms in a business centre that any client would love to enter.

3. Complimentary filtered water, coffee and tea – it’s always free!

4. Downtown location near the subway and train station.

5. Executive private suites worthy of a thousand tweets.

6. Furniture styles galore exude class when you open the door.

7. High-speed internet is absolutely the best you can get.

8. Instant phone set-up the same day lets you start work right away.

9. Kitchen facilities, fridge and microwave, means money you will save.

10. A quality network laser colour printer that is as fast as a sprinter.

11. Parking is an easy solution – you will avoid ending up in an institution!

12. A reception area that is so stunning, it will keep your clients coming.

13. Office choices where you will never lose, and only pay for what you use!

14. A seminar training room is prudent, whether you are a tenant or a student.

15. Finally you will be blessed, with an office at Toronto’s No. 1 address.

With serviced office benefits, including additional cost savings because you only use what you pay for, and optimum work efficiency because staffers look after your day-to-day businesss needs, the question “Why rent a serviced office?” becomes academic.

Yes, serviced offices save money – but they do a lot more than that. In a nutshell, a serviced office frees up the time you need to concentrate 100% on your business. Our poet certainly knows this!

So before you run all over town breaking your neck,

Why not tour our serviced offices at Telsec?
02Apr

The Government Has Introduced Their Budget’s, Do You have Yours?

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On January 17, 2012, Toronto City Council approved a balanced 2012 Operating Budget. On March 27, 2012, the Province of Ontario presented its budget. Only two days later on March 20, 2012 the Federal Government of Canada handed down its budget. These budgets are a way for governments to have a clear guideline of where they will be spending tax dollars for the next fiscal period. As well, this is a time the governments have to try to address debt and how they will pay down the debt accumulated by years of running deficit budgets. The one area that I do not see governments addressing is their expenses on office space for lease Toronto.

Depending on their corporate charter, large businesses with different year-ends also prepare a budget and plan for the coming year. They too need to know what their projected income will be and how much of that income will be required to pay for expenses like wages, operating costs, taxes, office space Toronto for lease costs, and capital costs for purchase or lease of equipment. They need a budget to present to shareholders who have invested their money with them.

More often than not, most small businesses do not have the time or recourses to prepare a proper annual budget for their business and often take their original business plan budget as a guideline for planning their expenses. Smart small business owners try to find ways of taking the guesswork out of their budget and financial planning by having their business located in a business centre.

Unlike governments and large corporations, small and medium sized businesses do not have the ability to run a deficit. They need to plan to stay within a surplus budget. Business centres that provide serviced office Toronto gives their tenants all the numbers up front without hidden charges. The business knows what its rent is and what it includes; they also know what their rent does not include. They know that they do not have to pay for boardrooms and meeting rooms when they need them; they know that they do not have to pay the salary of a receptionist or a telephone line – they are included in the office space Toronto plan they signed up for.

If you are a small business, talk to your serviced office Toronto provider and get all the details of what is included in your rental package up front. You also want to know what extras they offer and at what price. Telsec offers access to network printers, fax machines, colour copiers, black & white photocopiers, and other business printing services on an a-la-carte basis that is far cheaper than most retail copy shops.

Your business budget may not be as large as government budgets, but you deserve to get a better deal on your office space Toronto.
23Mar

A Toronto “Office Space” theme Party

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Yesterday I received a very odd piece of mail at my Toronto office space. There was no return address on the envelope only an Initech logo (yes the fictitious software company in the movie “Office Space”). What made the envelope weirder was that it was stapled shut.

When I finally opened the envelope, I found a pink slip of paper that had been purposely wrinkled to look like it had been scrunched up and thrown away. It had my name on it and it was a notice to inform me that my services at Initech would no longer be needed. Stapled to the pink slip was a letter.

The letter explained that it was an invitation to an “Office Space” themed party sometime in mid April. I was impressed that the pink slip had been personalized by inserting my name; I was even more impressed that the letter was quite personalized. It explained that the reason I was being invited was because the party organizer was a follower of my blogs (http://telsec.net/blog/), tweets @TelsecDotNet (https://twitter.com/#!/TelsecDotNet) and facebook (https://www.facebook.com/OfficeSpaceToronto) postings. They especially liked that I had written a lot of humour connecting or disconnecting Office Space Toronto from the movie “Office Space”.

The letter further explained that the company hosting the party was updating a bunch of equipment, so they decided to have an “Office Space” themed party and smash all the old stuff behind their warehouse. Unlike the printer smashing in the movie, all of the parts and pieces would be separated and recycled appropriately.

Unfortunately, the location of this “Office Space” party is in Vancouver (Washington) and my schedule with customer meetings at my downtown Toronto office space does not let me leave in April. I sent my regrets and asked if they would mind me trying to organize a similar style “Office Space Toronto” party complete with pink slip invitations. They replied that they would be honoured to see a similarly inspired party.
21Mar

The Tale of Two Companies with Toronto Office Space

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It was the best of times, it was the worst of times, it was the age of wisdom and information, today is not the age of foolishness, it is the epoch of what we belief to be the future, it is the epoch of business incredulity, it is the season of Light, the season of Darkness has just passed, this is the spring of hope for businesses, the winter of despair is behind us, we have everything before us… ok you get the idea, but that is where the comparison and parody of Charles Dickens’ book ends and we begin The Tale of Two Companies with Toronto Office Space.

In this Tale of Two Companies with Toronto Office Space, we shall call the first company Forte and the second company Unanimous. Fans of Donald Trump’s Celebrity Apprentice will recognize those names as the team names for this season. Those names are not being used to draw any comparisons, but to pay tribute to a great show.

In our example both these two similar businesses are of the same size and revenues. Forte has a traditional downtown Toronto office space in a high-rise office tower. They have a multi-year lease that they are obligated to payout, even if they need to move to a large office space or a smaller office space Toronto. Unanimous chose to go with a flexible office space downtown Toronto at an office business centre, where they are not tied to a long-term lease and can upsize or downsize at will.

Forte’s traditional Toronto office space came unfurnished and they had to purchase desks, chairs and other office furniture, where Unanimous’s office space Toronto at Telsec Business Centres came completely furnished. Forte’s traditional office space Toronto needed to be decorated with artwork, lamps and accessories that they needed to buy, Unanimous was given their choice of decorative items that were included with their office space.

With a traditional office space, Forte would also need to buy or lease office equipment such as photocopiers, network printers, fax machine and a telephone system. Not only does Forte need to lease photocopiers and network printers, but they also need to pay a per-usage fee as part of a maintenance agreement. Unanimous’ serviced office space Toronto includes a telephone system and provides them with access to photocopiers and network printers on a per-usage basis, without having to make payments on the lease or purchase of the equipment.

As part of Forte’s traditional office space Toronto for lease, they have a boardroom and a small kitchen space that is not always being used, but they still have to pay for that space as part of their lease. Unanimous has only office space for rent, but they have access to eight Toronto boardrooms and two kitchens that are free for them to use.

Let us now compare these two similar businesses of the same size and revenues, but two different levels of administrative expenses for the same amount of Toronto office space. Forte requires a full-time receptionist and full-time office admin staff, Unanimous has a professional receptionist included in their rent. Unanimous does not need full-time administrative staff, as they have access to secretarial and other services on an on-demand basis.

If you had to make the choice, which office space Toronto decision maker would you fire?
19Mar

A downtown Toronto office space for rent just minutes from where the action is!

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A story in the Feb. 9^th Metro Toronto News revealed a startling fact from the recently released 2011 Census. A small downtown pocket from Lake Ontario north to Front St., west to Bathurst St. and east to Spadina Ave. has seen explosive growth in the last several years. In 2006, the population in that area was 1,106. It is now 5,911 – a 400%-plus increase and more than triple the average population density (per square kilometre) for the rest of the city, the article concluded.

A similar influx of people is now occurring in the Bay St./Yonge St. area around Lake Shore Blvd. where several new condos have been built. But where are all these people working? Well, many are remaining downtown! And one of the most convenient options in downtown Toronto office space for rent (commercial office space for rent Toronto, executive office space for rent Toronto locations, small office space for rent Toronto alternatives or shared office space for rent Toronto, etc.) is to rent in a nearby building.

Think of the convenience of your Toronto office space for rent being just minutes from your condo – but also just minutes from all the downtown action including:

• Major sports events at the Air Canada Centre and Rogers Centre

• Fabulous sports bars and upscale restaurants

• Westin Harbour Castle, Novotel Toronto Centre and Fairmont Royal York Hotel

• Harbourfront’s year-long activities and the beautiful Toronto Islands’ escape

• Loblaws’ Superstores on Carlton Street and Lower Jarvis Street/Queens Quay

• The Theatre and Entertainment Districts

A Toronto office space for rent in this area also means that you are only minutes from public transit, bus and streetcar routes, Toronto Island Airport, and an express bus across the street that takes you to Pearson International Airport. Of course, the area is also easily accessible by car by simply turning off the Gardiner Expressway or Lake Shore Blvd.

One of the best office space for rent Toronto full-service business centres located in this hub of social activity is Telsec Business Centres, located in the Toronto Star Building at One Yonge Street. This amenity-rich Toronto office space for rent is comfortable, surprisingly affordable and loaded with many inexpensive rental options. Then, after work, you simply step outside and you are just minutes away from all the action. Enjoy!
16Mar

March Break may be over but March Madness is On at Telsec Toronto Office Space

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As March Break is ending the March Madness is just getting started at Telsec Toronto office space, but not in the way you may be thinking. When most people think of March Madness, they are thinking about the NCAA basketball tournament that leads up to the Sweet Sixteen and the final four who will compete for the NCAA Championship.

Yes, the NCAA Championship is talked about a great deal in the halls and kitchens at Telsec’s office space Toronto and people book boardrooms that are equipped with HD TV sets to watch the games. The biggest interest in NCAA Basketball comes from gamblers. I am told that more bets are place on March Madness, Sweet Sixteen and Final Four games than any professional sport championships. Telsec does not allow any gambling at its downtown Toronto office space, but we will not stop people from being able to enjoy the games from their private office space or large boardrooms.

If the NCAA Championship is not the true March Madness, what is? Let me tell you. March is a time of year when University and College students are thinking of summer jobs or the lack of summer jobs. Entrepreneurial students are looking to start their own businesses and know they need to have a professional business address if they are going to be taken seriously. Instead of setting up shop in their parent’s basement or garage, they look at office space Toronto at a business centre with a prestigious address. They want an office space or even a virtual office location where they do not need to sign a long-term lease or contract.

During March Break, many college and university students who are looking for a Toronto office space for their summer business are visiting business centres like Telsec, before they make their decisions. March Break for many colleges is sometimes a week after the march break for primary and high school students. Telsec has 9 meetings booked so far for next week with student businesses looking to locate their office at 1 Yonge Street. What attracts them the most is that for as low as $30 a month, they too can have a prestigious business address.

All I can say from here is, “have fun client services representatives”. Why? Because this year there are less summer jobs and more students looking to start their own summer businesses. The demand for short term office space and virtual office solutions will be much higher than in years past.