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How to start a home-based wholesale or manufacturer distribution business

By |2022-08-29T15:15:03-04:00May 29th, 2022|Growth & Innovation, Shared Office Space, Virtual Office|

Before explaining how to become a distributor from home, it is important to explain what a distributor is. Basically, a distributor is a middle person that serves to move products from the manufacturer to the market. While some distributors are retail and sell directly to end users, others are merchant-oriented and sell and move products from the manufacturer to wholesalers, that in turn sell to retailers. Understanding what is a wholesale business The practice of wholesale distribution is a true buying and selling game and can involve risk. It is a game that requires good negotiation skills, a nose for sniffing out the next “hot” item in the particular category you are known for, and good salesmanship to find the right buyers. The basic premise is to buy the product at a low price, then make a profit by tacking on a low enough dollar amount that it still makes […]

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Virtual Assistant Services: Should Business Professionals Use Them?

By |2022-06-28T15:50:49-04:00April 22nd, 2022|Growth & Innovation, Virtual Office|

Currently, many businesses use modern technology like virtual offices and telecommuting to get more done without physically being somewhere or meeting someone face to face. Small business owners and entrepreneurs can also take advantage of this convenient and flexible way of work with the use of a virtual assistant. But what exactly is a virtual assistant and how can they help your business?  Learn what a virtual assistant is, what business tasks you can outsource to them, how much it will cost you, and the benefits and downsides of hiring a virtual personal assistant. What is a Virtual Assistant? A virtual assistant is an individual hired to take care of recurring tasks and business administrative responsibilities. Small business owners, self-employed individuals, and managers hire virtual assistants to help free up their time for other personal and business-related tasks. This individual works remotely, using the internet and phone to conduct their [...]

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Virtual Telephone Services

By |2022-02-15T15:05:10-05:00February 8th, 2022|Growth & Innovation, Virtual Office|

If you find yourself dreaming of a virtual receptionist because you're staying glued to one location in order to avoid missing important calls – you may want to look into virtual phone services. They would be a great addition to your virtual office, and can simplify the way you connect with your clients and team members. All while experiencing dozens of additional benefits along the way. What are Virtual Telephone Services? A virtual telephone system is a cloud based phone system. It’s a type of phone service that allows you to receive and make phone calls or texts using an internet connection. When you use this cloud-based system, you’ll get a virtual phone number that’s tied to an account — rather than a device or location — which means accessing your business number is as easy as signing onto a desktop, web, or mobile app with an internet connection. Virtual [...]

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Best Dining Spots for Client Meetings in Toronto

By |2022-01-19T18:25:26-05:00January 19th, 2022|Downtown Toronto Office Space, Growth & Innovation|

Lunch meetings help in building a positive relationship with your business clients. It is a semi-professional setting where you can discuss new business avenues with the client while building camaraderie. You may have seen Don Draper on television's famous series Mad Men, mesmerize his clients at fancy lunches that inevitably helps him sell a campaign idea. We cannot help you with that iconic Don Draper charisma, but we can definitely help you find those fancy lunch spots in Toronto. All the restaurants and lounges mentioned in this article are located around our prime office location in Toronto’s prestigious Financial District. Moreover, we will also go over how to invite clients to lunch in a professional correspondence. How to Invite Clients to Lunch Inviting clients to lunch can be tricky. You need to organize the meeting and facilitate the correspondence with the client in a professional and time sensitive manner. The [...]

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Benefits of Virtual Office Space during the Pandemic

By |2022-01-19T16:50:03-05:00January 19th, 2022|Business Trends, Downtown Toronto Office Space, Growth & Innovation, Virtual Office|

The pandemic has forced organizations and start-ups to move operations to the virtual world. This has increased the demand for virtual office spaces, especially in the start-up and small business community. Virtual office spaces have helped small businesses and start-ups immensely during the pandemic. Through virtual office spaces, these companies can have a physical address and office-related services, thus helping the companies to save money they would have to spend for an office lease and administrative staff. Virtual offices give the company employees the freedom to work from anywhere, and in the meanwhile the company can still have a physical mailing address. Moreover, the company can also have a professional receptionist answering company calls and redirecting them to the intended employee. Virtual office spaces also come with perks such as quick access to meeting rooms and videoconferencing. Who Can Use Virtual Offices? People working from home requiring a professional presentation [...]

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How To Handle Returning To Work

By |2021-04-05T19:16:29-04:00October 23rd, 2020|Downtown Toronto Office Space, Growth & Innovation, Virtual Office|

How do employees feel about coming back to the office? Nervous, excited, worried? What’s your plan for keeping people safe and keeping your business profitable? There is a divide between returning to the office and working from home. Understanding the landscape today – and how it’s likely to evolve – is key for businesses wondering what to do next. In the coming weeks, as restrictions will start to loosen, companies around the world will start to bring people back into the workplace. There will be some that will be happy to be out of their homes, while others will be anxious to return. Below are some thoughts on what companies can do in the short term to prepare for a return to the office to ease your anxiety: Optimize the current experience When some or all of the current employees cannot be together physically, it is important to maximize the [...]

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What is Coworking Office Space?

By |2022-02-28T13:17:08-05:00April 11th, 2018|Coworking Office Space, Growth & Innovation, Office Space|

  Coworking: The Who, What, Why & Where for Startups & Entrepreneurs As a marketer one of my prime resources for promoting all our products are the questions that potential clients ask about our services. Since coworking is a new offering in the flexible workspace category that we didn’t have a lot of questions about, I used a tool which identifies the questions in the suggestions that users get when they enter search terms into Google. The best content that I can add to a site is content that answers questions our website visitors may have about our offerings. Coworking: What Does It Mean? Easily the $64 question as even the spelling is disputed as to whether it is coworking or co-working. What it means depends on who you’re asking. To some users it means: All non-traditional office space (flexible workspace) A workplace design and environment Office space with themed […]

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Why the Sudden Changes with the Web?

By |2022-02-28T13:27:29-05:00December 5th, 2017|Business Trends, Growth & Innovation|

These might be the waning days of the new economy created by the digital communications revolution. For the better part of the last three decades every aspect of our culture has been altered, accelerated, surpassed, and often destroyed by the Internet and most importantly, by the Internet’s favourite four letter F word, F-R-E-E. It’s been a wild ride but it was never really sustainable. Along the way, we’ve devalued our recent cultural creations and made it far harder for artists to scrape out a semblance of a decent living. A recent story in The New Yorker magazine, “Who Owns the Internet?” outlined the experience of Levon Helm, drummer for the seminal rock group The Band. After The Band broke up and Helm retired from rock music, he was living a comfortable life on royalty cheques from the tens of millions of times The Band’s music was purchased, played on radio, […]

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Electric and Autonomous and Barreling into the Ways We Do Business

By |2022-02-28T13:29:38-05:00November 21st, 2017|Growth & Innovation|

There are a few baseline industries that are so critical to the overall infrastructure of a nation that any change in those industries can have profound effects on the overall economy. Home building is a well known example. Another is transportation and shipping. Even minor changes in either of these industries can cause unanticipated ripples to roll over other areas of productivity. Over the coming ten years, the Canadian logistics and shipping industries will change very quickly. These changes will, in turn, have remarkable implications on the greater Canadian economy. What will emerge will be a far more efficient, safe, and cost effective transportation industry but one that produces substantially fewer employment opportunities. This week’s public introduction of Elon Musk’s long distance electric transport truck, one that comes with a driverless option, alters a number of equations the Canadian economy is built upon. Minutes after Musk introduced the trucks, the […]

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51% of Canadian Businesses Report Cyber-Security Issues

By |2022-02-28T13:36:36-05:00October 20th, 2017|Growth & Innovation|

How secure is your business? What about the data you collect for business use, how secure is it? In the expanding digital age, the two questions are virtually one and the same. Most businesses are primarily made of data. Frighteningly, more than half of the 650 registered businesses surveyed by the Canadian Securities Administrators reported some sort of cyber-security incident in 2016. As an organization, the Canadian Securities Administrators (CSA) has good reason to be concerned about the state of cyber-security in Canada. The CSA is made up of regulators from the 10 provincial and 3 territorial securities commissions. Their goal is to improve, coordinate, and harmonize regulation of Canadian capital markets, administration of which is functionally left to each province or territory. It’s a safe extrapolation the CSA is considering mandating federal regulations around cyber-security for businesses across Canada. The most frequent attack reported was phishing. 43% of respondents […]

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