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Canadian Small Business Tax Tips

By |2024-03-19T11:36:11-04:00March 16th, 2024|Growth & Innovation, Office Space|

Navigating small business taxes can be a daunting task for many entrepreneurs and small businesses in Canada. Having a plan and being informed can help alleviate some of the pressures of doing your business taxes. There are a few things business owners can do to optimize their tax strategies to minimize liabilities and maximize returns. Here are some of our tax tip suggestions below: Keep Accurate Records Maintaining detailed and organized records is crucial for small businesses to track income, expenses, and deductions accurately. Use accounting software or hire a professional accountant to keep your financial records up-to-date throughout the year. This will not only streamline the tax filing process but also ensure compliance with Canada Revenue Agency (CRA) requirements. Claim Small Business Deduction The Small Business Deduction (SBD) allows eligible Canadian-controlled private corporations (CCPCs) to benefit from a reduced federal corporate tax rate on their active business income. To […]

What is flexible working?

By |2024-03-14T12:48:55-04:00February 10th, 2024|Growth & Innovation, Shared Office Space|

A flexible workspace is like a chameleon of the office world – it adapts to fit the needs of your business and your employees. Picture an office that isn’t tied down by any traditional office cubicles or fixed desks. Instead, it’s a dynamic work environment where people can choose where and how they work best.  A lot of coworking spaces have open floor plans, cozy nooks, and many different types of conference and meeting rooms. Not only does workplace flexibility give employees and staff more freedom, but it gives business owners and freelancers the chance to use these spaces too. Not every business needs a brick and mortar storefront to get started which makes flexible work offices convenient and easy.  What Is Flexible Work? Flexible working arrangements can come in different shapes and sizes. It allows business owners and employees to have more control over when, where, and how they […]

How to Start an Online Business

By |2024-01-23T13:19:05-05:00January 23rd, 2024|Growth & Innovation, Office Space|

Starting your own service-based business from home comes with plenty of benefits and perks. When you’re a business owner, you can avoid the 9-5 work-life and be your own boss, while working on something you’re passionate about or skilled at.  Service-based businesses make up the majority of profitable businesses: they require low investment and can allow for high profits and ROI. The trick is to find the knowledge and skill set that you have that others will pay for.  The Benefits of Starting a Business Online In a lot of ways, the internet has leveled out the playing field for small businesses around the world. Generally speaking, creating an online business is straightforward and easy, and can have many benefits. We break them down below: Lower Overhead Costs Cost reduction is one of the top benefits of starting an online business, however, this can also depend on your business model, […]

How to Build and Host Your Own Webinar

By |2024-01-23T13:18:39-05:00January 15th, 2024|Growth & Innovation, Office Space|

Since the rise of remote work, webinars have become more and more popular. Because companies are leaning towards virtual events, learning to host an effective presentation is essential.  If you’re new to webinars or want to brush up on your skills, check out our guide below and check out our top tips.  What is a Webinar Host? A webinar host is the main person in charge of running a webinar. As a host, you will have all the permissions to manage the webinar on the back end, the panellists and the attendees. In general, there can only be one main host that does most of the presenting and questions. You can also stop a panellist’s video, remove attendees from the webinar and much more.  Here is a brief break down of their main roles: Welcome the webinar guests Troubleshoot any setbacks Introduce the keynote speakers Represent the brand  Lead the […]

How to promote a networking event

By |2023-12-05T12:03:13-05:00December 5th, 2023|Boardrooms & Meeting Rooms, Growth & Innovation|

Understanding how to promote your network is key for your event’s success. Whether you’re planning a charity event, business networking cocktail hour, reception or educational conference, getting the word out about your meeting can be a challenge. To properly promote an event, planners need to target potential attendees by using a variety of media.  What is a networking event? A networking event is a gathering or occasion where employees or individuals from different professional backgrounds and industries come together to learn, develop or maintain relationships. These types of events offer opportunities for people to connect and seek potential collaborations down the road.  How to encourage attendees to go to your event Events are no longer just about listening to keynote speakers and watching a Q&A. They’re about making connections and networking with others in the crowd, while making a lasting impression on your attendees. When attendees leave your events, you […]

The 4 benefits of hiring a freelance writer

By |2023-12-05T12:01:19-05:00December 1st, 2023|Growth & Innovation, Office Space|

Companies and marketing departments of all shapes and sizes hire freelance writers to help with their brand voice, blog and website management and upkeep. If you’re trying to scale your content marketing strategy without hiring an in-house writer to keep costs low, then taking on a freelance writer could be the option for you.  What is a freelance writer? Freelance writing encompasses various specialties that cater to different needs. Freelance writers often market their skills in specific areas that play to their strengths. So, if you need writing for a particular project, then hiring a freelancer is a great solution. Here are some types of freelance writing: Content writing: Create engaging and informative content for websites, blogs and social media. This can include articles, blog posts, listicles, how-to guides and much more.  Copywriting: Crafting persuasive and compelling copy for marketing materials, advertisements, sales and landing pages, product descriptions, and email […]

An entrepreneur’s glossary to some common business terms

By |2023-11-22T11:07:13-05:00November 6th, 2023|Business Trends, Growth & Innovation|

We’ve compiled a glossary of common business terms and acronyms related to entrepreneurship and small businesses. Some of this business terminology may be familiar to you while some you may have only heard in passing without knowing what it meant. Whatever your experience level or familiarity with these business terms, our business terms glossary covers the most commonly used business terms and their definitions. So without further ado, here are some business terms every professional should know. Advertising Advertising is a type of marketing for businesses that helps increase sales and raise awareness to your target audience. Marketing includes paid announcements, radio, television, PPC (pay per click), billboard ads, newspapers, posters and magazines. Current and future customers can form their own opinions on your brand from your marketing strategies, so it’s important to make a positive impact. Angel Investors An angel investor is a wealthy person (they often work in […]

How To Create & Take Meeting Notes

By |2023-11-01T09:52:24-04:00September 17th, 2023|Boardrooms & Meeting Rooms, Growth & Innovation|

Taking better notes is a key business skill that will improve your communication with coworkers and clients while also creating a meaningful record of knowledge for yourself and others. Whether you are taking notes for internal meetings, clients, or something else, it is crucial to have some form of documentation of what was discussed or agreed on. Meeting notes help create a tangible record of something that can be looked back upon when necessary. What boardroom are meeting notes? Meeting notes – including boardroom meeting notes – are exactly what they sound like. They serve as a quick reference to some important topics that came up during a meeting. These notes can refer to goals, obstacles, objectives, deadlines, and ideas that were brought up. They don’t have to cover every single thing that happened during the meeting. However, they should focus on anything you find essential that you and your [...]

You Can be a Coworking Nomad

By |2023-12-12T13:46:46-05:00September 10th, 2023|Coworking Office Space, Growth & Innovation|

Imagine a utopia where working professionals are no longer tethered to one main location and office space and aren’t limited by distance. For many entrepreneurs, this type of working life is a reality. So, how can more workers make this their everyday life? Working remotely has become more and more popular and has opened up doors for many different types of professionals. Whether you’re trying to start your own business or simply make money while exploring the world, choosing the digital nomad route might be for you. In this guide, we break down how you can become a remote worker in a way that fits your lifestyle. What is a digital nomad? Sometimes, the word nomad can have a certain connotation. However, in terms of being a digital nomad, this means professionals go from location to location and stay connected digitally. Digital nomads use modern technology and communication to perform […]

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