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Our building is now Silver-Certified as Green Friendly

We have blogged about our office space and the building that houses it being green friendly – but now we have actual proof from an independent outside organization. The Toronto Star Building at 1 Yonge Street in downtown Toronto has been awarded Silver Certification from the Building Owners and Managers Association (BOMA) of Canada. BOMA BEST is the Canadian industry standard for commercial building sustainability certification, and the only assessment and certification program of its kind for commercial buildings in Canada. The BOMA BEST Program provides a consistent framework for owners and managers to critically assess six key areas of environmental performance and management. These include: Energy Water Waste Reduction and Site Emissions and Effluents Indoor Environment Environmental M...

More small business tax tips and links to where to find them

As a provider of office space and virtual office services to our clients, we also strive to provide advice and assistance to help them be more successful small businesses. Back in February, we published a blog called “Tax Tips for Canadian Small Businesses and Entrepreneurs“. Since then, we have been asked to provide more links from our clients and followers, even some for USA tax tips. We did the search so that you did not have to. We also wanted to provide the best links, so you did not have to go through search results that do not apply to you. While most people see the CRA (Canada Revenue Agency) and The IRS (Internal Revenue Service) as the enemy, they are quite shocked to find out that both agencies provide help for small businesses with their taxes. Taxtips.ca has both a...

Is the cubicle dead or just dying?

As Millennials are becoming the largest group in the North American workforce, companies are changing their office strategy to attract and retain them. This is because, unlike previous generations, they are less loyal and more demanding. Millennials are not interested in being stuffed in cubicles and being told to just get the work done; they work differently than those who preceded them. Businesses are not just giving into the wishes and wants of Millennials, they are putting money into research to see how to best accommodate a group of people that are predicted to make up to 30% of North American retail spending by 2020. Happy and productive employees also make for good customers. Companies responding to their growing relevance are increasingly turning to human-centered designs to attrac...

Who you hire to do your small business marketing reflects on your image

It is important to know who you hire to do your small business marketing, because their actions and work reflects on the image of your brand and your company. When an outside marketer makes a mistake, your audience will still see your brand and not theirs. Last week after leaving a meeting at my Telsec office, I encountered a poster stapled to a tree outside the liquor store a block away from my office. I could not believe that someone would actually put a poster on a tree in this day and age of being environmentally friendly. Nothing can ruin a company’s reputation faster than being seen as not being environmentally conscientious. I decided that I wanted to let my friends know what bad marketing is and to expose the company on my person social media accounts, not as the writer of th...

Office Space Trends for 2016

In today’s post, I’m going to discuss office-space trends for 2016 with a bit of a twist. Usually we would just discuss the office design changes and what’s driving them. In our last post “Canadian businesses are having a 30% off sale” we discussed what should happen when the Canadian dollar falls to the levels it currently sits at. Where are the U.S. businesses we expected? Canadian economists and business people have been waiting for this phenomenon to kick in and everyone is a little perplexed that it’s either slow in coming or that things have changed considerably since the “great recession.” IMO, an opinion which is not widely held, I believe there are new factors at play that will see old trends in the way U.S. business people and consu...

Canadian businesses are having a 30% off sale – well, almost!

It is no secret that American businesses start to look north when the Canadian dollar is lower and the American economy is picking up. This is because they see Canada as a place they can save and grow at the same time. Basically a lower dollar is both good and bad, depending on your place in the economy. The hospitality and tourist sectors, exporters and particularly Canadian manufacturers (which have been steadily losing market share in the world marketplace), are among the major winners. So too are the people employed in these industries. Experts argue that a 70¢ or 80¢ dollar is probably closer to fair value, and therefore a good thing for Corporate Canada and the broader economy. Canada’s tourism industry traditionally gets a big boost when the dollar is appealing to those south ...

Things that anyone who works from home knows all too well

If you have experience working from home, there are things that you know all too well – and the crazy hours we keep is only the beginning. Yes, our home offices are just minutes or seconds away, but that morning “commute” can often get interrupted by a family member calling, or the dog wanting to go for his walk. Not every home office is the same and not everyone has the same experiences, but as someone who works from home, most can all agree on experiencing one or more of these things. Sometimes working from home instead of a traditional office space can put a strain on family relations, especially if you have children. When your kids see that mommy or daddy is home, they assume that it is playtime or that they can ask for help or anything else. If boundaries are not establish...

Tax tips for Canadian Small Businesses and Entrepreneurs

Telsec Business Centres is not an accounting firm, but we do have a number of accountants that rents office space within our business centre. Some of the tips we want to share come from those office clients, while others are tips that they told us to share with our tenants and other readers of this blog. While not all Canadian businesses have the same year end, many small business owners and entrepreneurs file their business taxes at the same time as their personal taxes. This is because many of those small businesses are not corporations and are sole proprietary owners. Yes, most tax issues are the same for corporations and sole proprietor small businesses. There are tax tips that small businesses need to know that are either specific to small businesses, or that amy take a team of accoun...

Coworking Office Space Versus Business Centre Office Space

When searching for a place to do business, the buzz term of coworking is sometimes confused with shared office space and office business centres, but they are not the same thing. The flexible workspace sector is home to all manners of different types of workspace. It is important that you find the best option for your small business. It is important to know and understand the subtle differences between a coworking space and a shared office, or a serviced office. Let’s first start with explaining what coworking is. Coworking spaces market themselves as proving grounds for the future of work. They are often where software developers and start-up founders can network over coffee and fresh-baked cookies. Essentially, they are destinations for freelancers and entrepreneurs who want an off...

Small Business Budget Tips

So, you own a small business. That means it’s likely that you’re operating on a relatively limited budget. When you do make money, more likely than not you are paying back loans or interest on loans that you needed to get you business started in the first place. Is that a solid budget plan for your business? If you really want your small business to succeed and grow, you need to have a practical, workable budget plan. You need to realize that without a thorough budget plan, it can be difficult to track and manage your finances. This is especially true for any unexpected business expenses that may occur. These are the biggest worries when they happen and are not planned. Many entrepreneurs leave a secure job to run their own business. When entrepreneurs do this, they move from e...

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