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Ways to grow your small business quickly

Growing your small business is not as easy as you think – and it is not as easy as just throwing money back into it. Most often the way your business needs to grow is by adding team members to manage the operations and service your customers. Housing all your employees in one place is no longer necessary in business. These days the jobs done by your staff can be done remotely. A great deal of small business owners avoid the thought of managing a virtualized workforce out of fear of losing the ability to track employee workflow and progress. But with the right guidelines and tools, that doesn’t have to be a concern. As a small business owner, you just need to establish your company’s core values and have clear and frequent communications with staffers. It’s easy to streamline wo...

How to find the perfect office space

In some of our previous blogs like “Your Office Space Toronto Location is Key to Your Success” we talked about the importance of where you locate your office and the much-touted “location, location, location.” But there is much more to finding the perfect office space for your business – you have to find somewhere that is ideal for you and your employees too. You have to consider that your office space not only affects your day-to-day operations and your staff morale, but also your brand image. So besides location, what are the other things that you need to consider? Price is a very important factor to most businesses when choosing a new office, especially their first office. If they spend too little, they either end up with an office they are not happy with, or the...

How to do business in Canada: Choosing a business structure

In the post expanding your service based business into Canada, we discussed some considerations you should examine before you begin to move a service-based business into Canada. In this post, I will explain the different types of legal entities that can be used to do business “with Canada” and “in Canada.” The legal structures open to your business are many, so taking the time to choose the best one for your needs is an important part of the process for a successful expansion. One of the best references for information about doing business in or with Canada is found on the Canada Trade Commission site. You’ll find information on everything from Visa and immigration to investing in Canada. A U.S. or other foreign-based company has many options to choose from wh...

Five tips for small business success

Just starting a small business can be difficult, but making it successful can be even more problematic. Before we get to the tips we had planned to offer, a suggestion is to keep searching for tips for small business success. Out there on the internet are helpful sites and experts who will have tips for you that are applicable to your small business. Just because your small business makes it past the start-up phase, does not mean that you should not stop trying new ways of making your small business more successful. Many entrepreneurs who have some success in their first small business will stop looking for tips and help. They think that if they have made it this much of a success, they can now rest and work on what they have learned along the way. Tip 1: Don’t Stop Networking! Your ...

MBC’s: What’s the difference and why does it matter?

Whether it’s meeting rooms, Boardrooms or Conference rooms (MBC’s), what’s the difference and why should it matter? A boardroom is traditionally a room set aside for meetings of the board members of a corporation or organization. The phrase meeting room implies a less formal space – meaning a room that is set aside for any group of people to meet in. Basically, the same room can be used for various reasons. This might change depending on who is using the space, and the level of formality of the meeting itself. This also depends on the terminology that the meeting’s host prefers to use. Office business centres like Telsec have various types of boardrooms, meeting rooms and conference rooms available, depending on the formality of the meeting and the technology requir...

Reasons why it may be time to abandon your current office space

Technology is evolving and changing rapidly. And perhaps the way the staff of your small business is working, has been evolving too! The Internet and access to Wifi are changing where work can be done. These factors and other technology are re-shaping the needs of business for traditional office space. Traditionally your workers required special tools and processes, and those tools were at the office workplace. Therefore, in order to work, you staff needed to commute from their home to that workplace. This has all changed, and now many more people are able to work from home and not take up valuable office real estate. According to a 2015 telecommuting statistics report published by GlobalWorkplaceAnalytics.com, the number of regular work-at-home employees has grown by 103% since 2005. Curr...

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...

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