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Small Business Financing for Seniors

In previous blog entries we have been discussing how seniors are starting businesses, many after they have retired and want a small business not just for the additional income, but also for the chance to do something they always wanted to do. Not every senior wants to dip into, or have the savings to borrow against, when starting a small business. Opening a business is not just about renting office space Toronto and hanging out your shingle saying Open for Business. It takes money to get a business off the ground. One of our office space Toronto clients suggested that the first place that a senior should look for help with business financing is by looking into to government grants. He mentioned that many Provinces and States offer grant programs to help seniors start small businesses. Acco...

Reasons Why Seniors are Starting Businesses

Call it a sign of the times. More older Canadians than ever before are starting their own business at a time when we might expect them to retire, or even after they retire. While most of these businesses will likely be home-based, many are started using office space Toronto, just to get the seniors out of their homes. As mentioned in our previous blog, people between 55 and 64 represent one of the largest group surges in entrepreneurial activity by age (just behind those who are 35 to 44). There are several factors for this trend, including increased longevity. But probably the single largest factor is economic. These entrepreneurs are at the age when they must look at their retirement finances, but also look at how they will keep busy and active in their retirement years. This combination...

Our Office Space Toronto Says Welcome ‘Seniorpreneurs’

Over the past number of years, many of the new entrepreneurs that rent office space Toronto have been women who wanted to take on the role of business owners. For many it was a choice of necessity when their job prospects started to become rare because of a slowing economy. While many women entrepreneurs are much more likely to choose small businesses in the service and retail industries, women entrepreneurs are also getting into the software and financial service sectors. When most people think of business start-ups, they think of young ambitious men and women. But the new players in start-ups seem to be people in their late fifty’s and early sixty’s. Yes, seniors have surged to the forefront of the entrepreneurial stage and many of those are women.  This growing trend of busi...

Feeling Isolated When Working From a Home Office

In part 5 of our continuing series of blogs about the Challenges of Working from Home Rather Than at an Office Space Toronto, we are going to discuss one of the hardest topics for people to understand about working from home – the feeling of isolation from the world. A major concern in running a business and working from home is the feeling of being constantly alone. It is not something that one notices in the first weeks or months working from a home office. It can sometimes take several months before it is noticed. Even though the signs are not always evident at first, the feelings may still be lingering in the back of your mind. It takes place when the excitement of your freedom and being your own boss eventually wears off. You start to feel like you are being tested on your sincerity a...

Support Services and Meeting Rooms When Working From Home

This is blog 4 in a series of blogs about the “Challenges of Working from Home Rather Than at an Office Space Toronto“. In this blog we are discussing how when working from home, you also have challenges with support services – no place to meet and sometimes just not having enough space when you need to grow. In a large business office space environment when your fax starts to act up you just call the office support service team. There is often someone there to  fix it for you right away and soon you’re good to go. When your computer crashes two hours before your deadline, there is often a spare computer available to work on your files off the server. When you need to print a file and your printer is down, you can usually access a network printer to send your print job to. When...

Balancing Work and Home Life When Working From Home

In our blogs series about the Challenges of Working from Home Rather Than at an Office Space Toronto, we have talked about dealing with distractions from family and friends as well as the professional appearance of an Office Space Toronto While Working From Home. Finding the balance between work and home life when working from home is not as easy it is when you work in an office space Toronto with structure and procedures. While working from home as a self-employed business person means you have to take more control over your schedule and your environment, you have to make sure you also find the idea balance between work and home. Far too often the lines get blurred and the quality of not only your home life is affected, but the productivity of your business can also suffer. Remember, R...

Professional Appearance of an Office Space Toronto While Working From Home

This is the second blog in a series about the Challenges of Working from Home Rather Than at an Office Space Toronto. The fact is that working at home is not the trend of the future – it is the trend of today. We discussed previously that many do not realize that operating a business at home is not without its problems. In our first blog in this series, we focused on how the most common problems are the distractions from family and friends. The second most common concern of many small business owners who work from home rather than at an office space Toronto is whether their clients will perceive their business as being professional and serious because they work from home. Since home businesses are often wrongly regarded as “hobby businesses,” their professional image and credibility often ...

Challenges of Working from Home Rather Than at an Office Space Toronto

Working at home is not the trend of the future, but the reality of today. As more and more people leave corporate life for a simpler and relaxed business environment or consulting career, many people who are starting up their businesses often choose to start by establishing a home-based office rather than an office space Toronto. What many do not realize is that operating a business at home is not without its own problems, trials and tribulations. The ten most common problems are: Distractions from family and friends Being taken seriously in business Working too much Separating work and personal life Lack of support services Not enough space Feeling isolated Lack of privacy Self-discipline and self-management Zoning Over the next few blogs, we will be discussing how to overcome some of the...

Are Teachers’ PD Days Good For Small Business?

Professional Development (PD) days for teachers are not always good for parents, especially those who run their own businesses. The idea behind these days is for teachers to get a chance to upgrade their skills and learn new, more effective teaching techniques. But the negative side is that parents who work full time are having to scramble to find alternative child care. For parents of school-aged children who work for large companies that offer them the option to use a “sick day” for family obligations, or allow a “flexible holiday” so they can stay at home with their children, this is not a problem. However, for people who own their own business or work for a small company that needs to staff their office space Toronto on an ongoing basis, these PD days are a huge...

Walter Cronkite Predicted The Virtual Office in 1967

Watching a video from 1967 can often bring humour to many people under 45 who were not even born then. It was quite enlightening, however, to watch a video from 1967 with Walter Cronkite talking about the predictions of what a home office space would look like in the 21st Century. It was amazing how “not that far off the mark” it was. Remember, this show aired 45 years ago, long before the Internet and long before anyone even thought of the idea of a virtual office Toronto. Even the fact that (while not actually working) someone thought to have flat-screen video panels in this vision of the future was truly amazing. They really tried to envision things that could be possible in the 21st century. Yes, back in those days most people did not even have colour TV, and the big black-...