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Tips for business growth: Reading, planning and wasting money!

By |2023-12-12T15:21:29-05:00January 12th, 2017|Boardrooms & Meeting Rooms, Growth & Innovation|

Did you know that reading, planning and wasting money are three things that you may not have thought of when trying to grow your small business? When is the last time you picked up a book on business or even a biography of a successful business person? I am not talking about sitting down and reading a book cover-to-cover, but reading key chapters that could influence you on ways to improve your business. This could be a book that is new to you, or one that you want to re-visit and learn more from, or simply to get another perspective that you did not get the first time you read it. While my preference is reading a printed book over reading an e-book, the options of available online e-books can sometimes be more convenient. Purchasing a physical book or an e-book can be great, but also consider visiting a public […]

Ten tips that entrepreneurs young and old should follow

By |2023-12-12T15:02:09-05:00December 12th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Shared Office Space|

It is often said that being an entrepreneur means that you’ll often have to blaze your own trail and find you own way. Being an entrepreneur means not having career guides, counselors or road maps that will guide you from one step to the next. Sometimes you will just have to make it up as you go. For this reason, whenever possible, up-and-coming entrepreneurs are encouraged to seek out established entrepreneurs to request their help through mentoring. There are many established entrepreneurs who want to help the next generation of entrepreneurs who are seeking insight and insider education. Here are 10 tips that you will often hear veteran entrepreneurs share with the next generation of business leaders. 1. Keep your focus on the big picture. Far to often, fist-time entrepreneurs are driven to jump at that next big opportunity. The problem is that these opportunities may not be offered for […]

How to start a retail business from home

By |2023-12-14T15:14:59-05:00December 7th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Office Space|

This blog is the third in a series about home-based profitable businesses that you can start without having to carry large inventories or to have a full-time presence in a physical office or storefront. It is often mentioned that small businesses employ more people than all large businesses combined. Small and medium-sized enterprises (SMEs) play a major role in the Canadian economy. Industry Canada says that 99% of businesses in Canada have fewer than 500 employees and they employ 64% of workers in the private sector. A great deal of those businesses are retail based. In the USA, the retail industry provides a way of life for the more than 24 million people who earn their livelihood from it. Regardless of the type of retail business you want to start, you cannot ignore the power and reach of the Internet. Each type of retailing has strengths and weaknesses, so you […]

Why is Cyber Monday so important to small business E-commerce?

By |2021-11-04T14:58:54-04:00November 27th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Virtual Office|

So what is Cyber Monday? Basically, Cyber Monday is to online retailers what Black Friday is for brick-and-mortar retailers. These online events have been around for a decade and can help level the playing field for small businesses. According to Forbes, Cyber Monday online revenue for 2014 reached $2.68 billion – a nearly 20% increase over the totals in 2013. It is important to note that more than one-third of these purchases were made via mobile devices. This shows the amazing evolution of online sales. Lets go back to the beginning. According to Wikipedia, “Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States. The term “Cyber Monday” was created by marketing companies to persuade people to shop online. The term was coined by Ellen Davis and made its debut on November 28, 2005 in a press release entitled “‘Cyber Monday Quickly […]

How to create a series of seminars for small business owners and consumers

By |2023-12-20T11:08:37-05:00October 20th, 2016|Boardrooms & Meeting Rooms|

In our previous article “How to Create a Series of Seminars” we primarily focused on creating seminars and training sessions for larger businesses, but what about seminars and training sessions for small business owners and consumers? As a small business owner, what skills or wisdom do you have to share with other small business owners or consumers? Hundreds of thousands of people pay to attend meetings, seminars, workshops and training programs every year. By creating and conducting seminars or training sessions, you could bring additional income to your business – you just need to find the topic that your audience will pay you to learn about. The most popular training topics include customer service and creative problem-solving. But they can also include team building, leadership and sales motivation. So, where are you going to start looking for your audience? Professional and local service organizations are always on the lookout for […]

How to create a series of seminars

By |2024-01-10T12:09:54-05:00October 18th, 2016|Boardrooms & Meeting Rooms|

Over the past few decades, the seminar business has become quite big because the demand is high. The demand for seminars is not only important with some consumers, it has also become in demand by small businesses and giant corporations alike. As a small business owner, you might be able to get in the game to show off your skills and the skills of those around you. Conducting seminars could result in additional income for your business – because there are hundreds of thousands of people paying to attend meetings, seminars, workshops and training programs every year. Some of these people are sent to these types of events by their employer, while others attend them for personal growth and knowledge. There are thousands of topics being taught each year – from sales and management techniques to managing stress and building financial growth. When you are setting up your seminar series, […]

Management Tips Gleaned From The Harvard Review

By |2021-06-29T22:25:29-04:00October 11th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation|

The Harvard Business Review (HBR) is a highly regarded general management magazine published by Harvard Business Publishing, an organization that is a wholly owned subsidiary of Harvard University. Harvard Business Review’s articles cover a wide and diverse range of topics that are relevant to different industries, management functions and geographic locations. A great deal of their articles focuses on such areas as leadership, organizational change, negotiation, strategy, operations, marketing, finance and managing people. Recently, Harvard Business Review released a book on their top management tips that were very insightful and should be shared. But the best tips were the ones that can easily be taken and put into action. While a lot of the tips may be more focused to managers of larger businesses, we found the tips that are best suited for small business owners and managers. One chore many people do not finish is to actually get through […]

Getting Virtual Teams Right

By |2024-01-10T12:23:57-05:00September 8th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Office Space|

First let’s talk about “Virtual Teams” as some people do not know what the term means. Basically, Virtual Teams are people that work together on various projects, but are located in different physical locations. This concept of people collaborating from various locations is one that is on the rise and has become easier as internet and telecommunication technology advances. These dispersed teams rely on shared work spaces, public WiFi, libraries and other places that they can connect to the Internet and communicate with their coworkers. Basically, they can work from almost anywhere and still be able to interact with other team members. We don’t need discuss the appeal of this type of work environment for employees, or their satisfaction in working in a flexible environment that speaks for itself. Most remote workers will tell you that they are happy to work alone, but they are most happy when they are […]

Where to locate your business

By |2021-11-05T16:48:52-04:00September 6th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Office Space|

It is often said that the three most important factors in making sure a business is successful are ‘location, location, location.’ Even if your business is not retail and does not rely on walk-in traffic, your location is important to your customers and prospective clients. Yes, you prospective clients will often research your small business to find out if you are local and if you at a real business address. You may not need to maintain a physical presence near your customers, but your business address should be where your customers are – or where they expect you to be. You could have a head office location at a prestigious business address and have a majority of your production or staff working from another location that better suits the work that is being done – or where you are paying less rent. You want your customers to see your primary […]

Characteristics To Look For In A Remote Worker

By |2024-01-04T15:15:56-05:00August 4th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Office Space|

When you are looking for remote workers, you want people who have experience with little supervision (well, little in-person supervision) that are able to show results from the work that they are being asked to do. Your business has to be able to count on them, without you standing over their shoulder and making sure that they are getting the job done correctly and efficiently. Even though they are working remotely, they have to be team players. If an applicant does not demonstrate the ability to work with other team members or understand the concept of constant communication with head office and other team members, they might not be suited for your team. Because wherever your team members are located, holding daily meetings can keep them united and working towards one goal. You need a remote worker who can also check in with other team members a few times each […]

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