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The differences between a mail-forwarding service and a P.O. Box

P.O. Boxes are usually offered by either the Post Office or a “CMRA” which stands for Commercial Mail Receiving Agency. It all depends on the services t\offered by the Post Office or CMRA that you are working with. A mail-forwarding service is typically offered by an office business centre that rents office space to small businesses and also offers virtual office solutions. The first real differences between a mail forwarding service and a P.O. box is that a mail forwarding service provider offers you a real street address. This is ideal, especially if you are a running a small business that needs a more professional image than a conventional P.O. Box number. Another factor is that a P.O. Box cannot accept packages for you, especially when they are being delivered by a third-party courier ...

Choosing the right meeting room for an important session

Where you meet a small business client or supplier can be just as important as the topic or the reason for the meeting. It is your job to find the ideal type of space and the best location for your meeting. If you, like many other small businesses, do not have your own on-site meeting room or boardroom, you need to find the ideal meeting room for rent. You need to choose a rental meeting room that will complement the professionalism and the agenda of your meeting. Location, location, location. When you are planning an important meeting, your choice of location will set the mood. Location is not just about a physical location and a prestigious address, but also about professionalism. You do not want to ask a prospective client to have a meeting in an out-of-the-way place or the back of a co...

How to find and rent downtown Toronto office space within your budget

Finding and renting a downtown Toronto office space that is within your budget is not as difficult as you think. Just follow some simple steps. Step 1: Estimate your budget This step may sound like a no-brainer, but some people skip this step and end up with office space that they eventually find out that it is beyond their budget. By establishing your budget, you will save yourself a great deal of time during your search. Part of establishing your budget is deciding if you are looking for raw office space that will require you to purchase office furniture and equipment, or if you want to rent a serviced office space that comes with office furniture. Step 2: Figure out how much space you need Do you need a small 500-square-foot office or do you need 5,000 square feet of space? Calculating ...

Stop thinking of drones as toys and start thinking of them as business opportunities

Drones, also known as Unmanned Aerial Vehicles (UAVs), have exploded in popularity in the past few years, especially with millennials and YouTube film makers. I am not talking about the drones that are flown by the military and drop bombs, but the ones that many people refer to as “toys.” The so-called toys are proving themselves to being a major asset to business and the economy, especially the high-end drones that are very effective tools. Yes, it is true that many drones are being purchased by hobbyists, but many of those hobbyists that are now finding ways of making money with their drones. Lets talk about a few business ideas that you can start with a drone. 1 Aerial photography. More and more thousand-dollar drones are being used to replace expensive, million-dollar helic...

Time-management tips for making outgoing business phone calls

In our previous blog Time management tips for inbound business phone calls, we shared some techniques for saving time and money on telephone calls that you might not be expecting. But what about those calls that you need to make and not waste time while making them? Managing your outgoing business calls is just as important and managing your incoming calls; it just takes some different techniques. It is too easy to find yourself wasting time making calls to clients, suppliers and associates – especially when you have multiple numbers to reach them at and just as many voice mails that you need to leave to get a hold of them. This is further complicated when you do not have the right number when you are away from your office. 1. Keep your contacts centralized and available where ever you are...

Time-management tips for inbound business phone calls

Do you know how to handle incoming telephone calls so that they do no waste your valuable time? It is a fact that Inbound telephone calls can consume a great deal of time and eat into your productivity level by taking you away from tasks that are more profitable. There are ways of cutting down the time you lose speaking on the phone, without being curt or rude to the person calling you. 1. Have your calls answered and possibly screened by a live professional receptionist. Let her or him route the calls to the right person, department or extension. For some calls, such as those from salespeople looking to sell your business a product or service, those calls can be sent to a voice-mail extension to be reviewed later. You can even have an extension with outgoing messages for general questions...

What is your time worth to your small business?

There are plenty of ways that an employees can calculate what their time is worth based on mathematical formulas. But as a business owner, the formula becomes a little more complicated. Once you have determined the value of your time, you can make choices about the things you are doing in your business, and if certain tasks are worth doing yourself or having someone else do them. Using the Realized Income Methods to calculate the value of your time, you need two numbers: 1. The amount of time you spend to earn money. 2. The amount of money you earn during that time. Once you have calculated the value of your time, you can then be better informed on making decisions like: Should you take the non-stop flight and save two or three hours, or do you take the flight with a stopover (wasting an h...

What Colour Should You Paint Your Office Space?

When you are choosing to decorate your office space, you should consider the colour you paint the walls. The colour and shade you select for your office walls can affect how much work will get done between those walls. Paint industry experts say that for work spaces, neutrals and softer, more grayed hues are better for concentration and preventing eye fatigue. The also recommend that you do not leave the walls just bright white. Bright colours might not be the solution either, colours that are very saturated and not very bright (like emerald green and sapphire blue) generally promote an energy levels. Red might be your favorite colour, but it can have a negative influence in the workplace. So what colour should you paint your office walls to get more done, or at least to prevent the shade ...

Can’t find a networking event that suits you? Create your own networking event business!

So you have gone to a few business networking events and they did not turn out to be what you expected. Maybe you ran into the challenge of being taken seriously by more seasoned business people. Here is an idea: host your own networking event and build up your credibility. By planning and sponsoring a networking event, you’re suddenly transformed into a business leader in the community. You are bringing entrepreneurs and small business owners together to talk shop – and many believe that only a leader does that. The added bonus is that you also bring extra exposure to your business and brand. Here are some tips on how to pull off successful networking events: 1. Choose your event venue wisely. You do not want to choose a venue that is not easy to get to and not centralized. Many people wi...

The Monday after the Super Bowl: what is it like at the office?

Food giant Kraft Heinz thinks that the day after the Super Bowl should be a holiday and have decided to give all of its employees the day off. Kraft Heinz is not paying millions of dollars for a Super Bowl ad. Instead they have been advertising their petition in the weeks leading up to the big game and it is getting them a lot of attention. Many of the points that Heinz makes are valid and make sense to business. According to CNBC, The Workforce Institute found in a January 2016 survey that 16.5 million people across the USA were expected to call in sick or planned (by booking the day off) to miss work on the Monday after the Super Bowl. Another 7.5 million told the surveyors that they might show up late to work at their office space. While there are no statistics for Canada, the proportio...