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Adjusting to a business centre from a home office

By |2022-02-28T14:56:53-05:00May 9th, 2017|Boardrooms & Meeting Rooms, Coworking Office Space, Growth & Innovation, Shared Office Space|

That time has come that your business has outgrown your home office and you need real office space (even if it is shared or only part-time) that has a professional business address. Your best choice is a downtown office business centre that has several options. When we talk about office space options at a business centre, three primary ones come to mind: Private offices, semi-private offices and shared office space/coworking offices. For the purposes of this article, we will be talking about adjusting to shared office space/coworking offices – since that will probably be your best option when you first move out of your home office. Shared office space is also your best option in terms of flexibility regarding when you can utilize the space. Why? You pay only a small monthly fee for unlimited access during regular business hours. With coworking, you become a member and choose from various […]

Seven tips for successful small-business and start-up owners

By |2022-02-28T14:57:50-05:00May 4th, 2017|Growth & Innovation, Office Space, Shared Office Space|

What you know today about your business may not be what you will know tomorrow. So, learning from experienced business owners will help you to learn from their experiences. After years of running a small business, owners inevitably gather many lessons about how to grow and run a business more effectively. Here are some tips that will save you taking years of learning and help you today. Be specific with your goals. Most entrepreneurs and small business owners have goals, but usually they are generic and not very specific. If you want to increase sales, set a number that you want to reach. If you want to increase employee productivity, tell them how many units you expect them to sell in a specific amount of time. The key to setting and achieving specific goals is to break your goals into multiple and small achievable portions. Build a support network. Being […]

When does a home-based business need a location?

By |2021-11-05T16:38:34-04:00March 24th, 2017|Growth & Innovation, Shared Office Space, Virtual Office|

If you have to work for 80 hours a week just to keep your business afloat, then you are not profitable. Some entrepreneurs blow through the earliest stages of their company’s growth by putting all their energy and time into their businesses at the expense of their own health and personal relationships. Part of the reason for this is that they are working from home – and the line between home time and work time often becomes blurred. The fact remains that two out of three companies begin in a spare bedroom, garage, basement or sometimes even a bathroom (we did not ask about this one when we were told about it). Sometimes the choice of operating your business from home is taken away from you by zoning bylaws. Many cities and many counties have zoning ordinances that limit, to one degree or another, whether you can operate a business […]

Serviced office and business centre FAQ’s

By |2022-03-30T09:51:38-04:00January 18th, 2017|Growth & Innovation, Shared Office Space|

Because our blog is more about offering advice to small business and less about the services that we offer, we often get people asking us questions about serviced offices and office business centres. So we decided to create this blog to answer some of the questions that people ask us on social media. To start, we should answer the most asked question: “What is a serviced office business centre”? A serviced office is a situation where office space is rented and there is nothing you need to bring. The office is furnished with modern office furniture and fully wired for phones and internet. All you need to bring is your files and computer. There is even a connection to a network printer and you have a live receptionist who answers your calls. The biggest question that is constantly asked about our serviced office space is “do I have to sign […]

Ten questions to ask before choosing office space for your start-up

By |2021-11-05T16:19:22-04:00January 10th, 2017|Growth & Innovation, Office Space, Shared Office Space|

As your start-up business begins to take off, working from a home office may no longer be an option, and you require professional office space. You know that you need enough space for you and your current employees, but you might need a little more for a few additional staffers that may be full-time or part-time. 1. Location, location, location? Just where is the office space you are considering located? Is it a convenient location that your staff and customers can easily get to? You need to know if it is close to mass transit and accessible by local buses and if there are bicycle routes nearby. Why the bicycle routes? Statistics show that more and more people in major centres are commuting by bicycle – and cities like Toronto are putting a lot of money into developing dedicated bicycle lanes and paths to accommodate this growing need. 2. What office […]

Stop worrying about millennials and get ready for Gen Z

By |2021-11-07T13:05:38-05:00January 5th, 2017|Commercial Office Space, Coworking Office Space, Office Space, Shared Office Space|

Millennials (aka Generation Y) are those born between 1982 and 1993 are proving to be a very entrepreneurial generation. But the next generation may be even more ambitious than them! Enter Gen Z (those born between 1994 and 2010) or what is called “The internet generation” – who are by far the most tech-savvy, connected and self-educated group. Unlike Millennials who love the gig economy, research is showing Gen Z want steady paycheques. What also makes Gen Z different? They claim to be both more accepting and more rebellious. Rebellion was pretty much absent for Millennials in their youth, as they seemed to have had a very shiny outlook on things. Gen Z is upset about the system that they’re inheriting – so it seems rebellion is back. The first members of Gen Z will be graduating from university in just a few years, and market researchers and trend forecasters […]

How will gift card sales affect your business in January?

By |2021-06-29T16:49:32-04:00January 2nd, 2017|Growth & Innovation, Office Space, Shared Office Space|

Traditionally, January is gift card redemption month – and that is not just for retail businesses. These days, almost every consumer product or service-oriented business can sell gift cards for subsequent redemption. In fact, one of our office space tenants received a gift card for getting new marketing materials printed. If you’re like many small-business owners, you may spend considerable effort on selling gift cards, but not a lot of time thinking about redemption. You may have had a great December in terms of sales and gift-card sales, but the important thing you have to take into consideration is being prepared for the cost of redemption in January. It could mean high fulfillment costs during a month of much slower sales and revenues. It could also have some impact on your books, so your accountant must be prepared for this. This is because sales of gift cards don’t get officially […]

Ten tips that entrepreneurs young and old should follow

By |2022-03-02T09:29:53-05:00December 12th, 2016|Boardrooms & Meeting Rooms, Growth & Innovation, Shared Office Space|

It is often said that being an entrepreneur means that you’ll often have to blaze your own trail and find you own way. Being an entrepreneur means not having career guides, counselors or road maps that will guide you from one step to the next. Sometimes you will just have to make it up as you go. For this reason, whenever possible, up-and-coming entrepreneurs are encouraged to seek out established entrepreneurs to request their help through mentoring. There are many established entrepreneurs who want to help the next generation of entrepreneurs who are seeking insight and insider education. Here are 10 tips that you will often hear veteran entrepreneurs share with the next generation of business leaders. 1. Keep your focus on the big picture. Far to often, fist-time entrepreneurs are driven to jump at that next big opportunity. The problem is that these opportunities may not be offered for […]

Top Eight Consulting Businesses

By |2021-11-07T13:06:42-05:00December 5th, 2016|Growth & Innovation, Shared Office Space|

Consulting business are fast becoming the most popular businesses that semi-retired, retired and disenfranchised employees are looking to get into. So lets talk about what consulting businesses are in most demand. This can help you to decide what type of consulting business that you may want to start from home. Accounting Consultants: While every business needs good accounting help and have good inside accountants, many are hiring accounting consultants to ensure that their accounting practices are delivering the best results and forecasting data that a company needs. Advertising Consultants: With the price of advertising and the new types and and channels for advertising these days, it is no wonder that advertising consultants are in great demand. Now more than ever before in the history of advertising has there been so many options in terms of types of ads and where they are placed. Advertising consultants are tasked with finding not only […]

How to start a Consultant Business from home

By |2021-11-07T12:54:40-05:00December 1st, 2016|Growth & Innovation, Shared Office Space, Virtual Office|

Setting up as a self-employed consultant has become a popular move for people in a broad range of industries and sectors. But becoming a consultant is not as easy as just getting business cards for very little money at Vistaprint or your local office supply store and saying you are a consultant. The very term consultant denotes someone who is authoritative and knowledgeable on a particular subject, and that experience and know-how are something that other organizations need and are willing to pay for. In fact, the dictionary defines a consultant as “an expert in a particular field who works as an advisor either to a company or to another individual.” You can find hundreds, if not thousands, of Internet citations and articles about becoming a consultant with a few simple Google searches. But knowing what a consultant is and why you should consider becoming one will not help you […]

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