3 Dec 2012

Small business owners need to acquire leadership traits

In order for small business owners to be successful, they need to display the qualities of leader, as entrepreneurial traits and leadership traits might overlap, they are not all the same. Small business owners looking to save on the high price of office rent should considering conducting their business operations out of self storage units, as these provide adequate space at a low price.Most business ventures fails, so in order to have success. Entrepreneurs are encouraged to find mentors and educate themselves at conferences on what it means to lead a business.“Many entrepreneurs not only don’t like being told what to do, they also dislike telling other people what to do,” Jamie Gruman, a professor of business from the University of Guelph, told the Toronto Star. "This quality doesn't necessarily translate into a positive leadership trait, unless entrepreneurs are willing to take a position of authority."Jiffy offers businesses plenty of options for Toronto storage, whether one needs to store filing…

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30 Nov 2012

A high turnover rate is never any good for a business, but for a small business, it's effects can be devastating. A recent report by the Toronto Star said that a high turnover rate affects employee morale, reduces productivity, increases training and hiring costs and takes owners away from day-to-day responsibilities.Small business owners in the Toronto area on a tight budget should consider utilizing self storage facilities. Units can be used to store documents and streamline office operations.“Eventually it creates costs,” Knud Jensen, professor of strategy and entrepreneurship at Ryerson’s Ted Rogers School of Business Management, told the news source. “If you have a person who’s been with you for ten years quit, it leaves a gap in a small…

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29 Nov 2012

Joe Pennachetti, Toronto's city manager, recently recommended that the city increase property taxes by 1.95 percent, up from Mayor Rob Ford's goal of a 1.75 percent tax.For small business owners in the Greater Toronto Area looking to skip out on costly property tax, self storage units are available. These units do not have property taxes and many business operations can be run out of them. Not to mention, utilizing the storage skips out on the costly price of office space altogether.“The budget is balanced and we are moving towards fiscal sustainability,” Pennachetti said at the budget committee meeting on November 29, the Toronto Star reported.The city would bring in nearly $46 million with the increase, which could offset the police…

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28 Nov 2012

Startup Canada recently presented in the Centre for Social Innovation, offering plans on how to increase job growth, stimulate the economy and encourage innovation.Small business owners looking to cut costs should consider running business operations out of Toronto public storage. Cheap units are available to supplement the high price of office space. “It’s our job to instill in young people, not only to get a good job, but to create those jobs themselves,” Brad Duguid, minister of economic development and innovation, at the presentation, told the Toronto Star. “We need to create a world where dreamers can succeed and where innovation rules. That would make us absolutely unstoppable.”The focus of the presentation was to cultivate a better environment, through tightening the…

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28 Nov 2012

The Toronto Argonauts Grey Cup victory in the Canadian Football league and the celebrations following have boosted small businesses in the Toronto area. More than $100 million was contributed to the local economy and small businesses were the primary benefactors, according the Toronto Star.Small business owners in the area should make sure they are prepared for the next big event to hit Toronto. Self storage is a good option in cleaning out and office or streamlining business operations to make sure an office is well suited for an influx of people.One small business that benefited from the Grey Cup victory was the Madison Avenue Boutique Hotel and Pub.“We were booked quite in advance of the Grey Cup,” Kelly Cane, the…

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27 Nov 2012

Canadians are turning to owning their own businesses more everyday as online tools are providing help on endless levels.Small business owners in the Toronto area are encouraged to use self storage to free up space in the office, helping to streamline operations and make space more organized and clean when conducting business.Entrepreneurs are also reminded not to forget the importance of networking and putting a face to their services.“While we are blessed to have the internet, nothing replaces the 'face' time," Karen Hoffman, a consultant with KWA Partners, told the Toronto Star. "The return on investment provides opportunity and insight as to who your competitors are, information about tradeshows, conventions and potential leads."  Hoffman added that staying in touch with peers…

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26 Nov 2012

Small business owners preparing for retirement need to have a plan laid out when selling their businesses.Entrepreneurs who are undergoing a move should consider running business operations out of a self storage unit, to replace the high price of office rent with the low price of a storage facility.Larry Wasser, entrepreneur at the Rotman School of Management, recently conveyed to the Toronto Star the emotional toll that selling a small business has on the owner.“I don’t know that you can prepare," Wasser told the news source. "But in every entrepreneur’s DNA is the burning desire to be successful, and they tend to be good at change. They need to adapt the skillset they’ve used at business and now use it…

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19 Nov 2012

With the growing number of entrepreneurs throughout Canada, there is an increasing need for inexpensive legal services. DAS Group of Germany has a solution to the problem.Small business owners on a tight budget can look into supplementing the high price of office rent for the inexpensive price of self storage, as units are sufficient in maintaining business operations.DAS Canada provides small business owners with legal expense insurance, giving them affordable access to lawyer services. Premiums start at $250 and the price for services is averaging $750 a year.“People aren’t familiar with the concept, so it takes awhile to get their heads around it,”  Barbara Haynes, DAS Canada president, told the Toronto Star. “In Europe people buy legal expense insurance the…

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15 Nov 2012

According to the Toronto Star, there is no business too small to exploit, therefore all business owners need to be well educated and equipped to fight web threats and cyber crime.Most small or large business also have valuables that cannot be replaced, like important documents, that need physical copies. Self storage is available to keep these items secure, giving business owners peace of mind from potential liabilities associated with one of a kind documents. As far as keeping digital content secure, business owners should be sure to organize their content. A National Cyber Security Alliance survey of 1,000 small business owners showed that 85 percent of them believed criminals were after larger enterprises than theirs. The Star warns that a false…

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15 Nov 2012

Small business owners often find it hard to retire, as their businesses keep them mentally and physically active, retirement hits and often many do not know what to do with all the extra time.Those who currently own a small business should consider cutting costs by running their business operations out of a self storage unit, instead of paying for the high price of rent for office space.“Money will always be a concern, but the biggest thing for me is what I’m going to do all day to stay busy and mentally fit,” Dean Drevniok, president of Frecon Construction, a general contracting company, told the Toronto Star.Drevniok is preparing for retirement by easing into it, cutting down his workload as each…

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12 Nov 2012

The Toronto Star recently reported that many people do not understand the fine print when applying for a loan, representing a crucial aspect of how many small businesses will align their finances in the future.Small business owners in the Toronto area can trim costs in many ways. Understanding loans is critical for business operations. Self storage is also important and available for small business owners in need. These units can be used to conduct day to day business operations and can save small business owners from having to pay for expensive office space that they might not need.The news source reported that while many consumers are finding it easy to obtain loans at low rates, the amount of them understanding…

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8 Nov 2012

Canada is supporting an increasing entrepreneurial fervor that is attracting more people to come and try their hand at opening a small business. Immigrants with a business idea and little to no financing should know there are several organizations that offer mentoring and other services that help startups all across Canada, the Toronto Star reported.Small business owners should also look into business self storage in the Toronto area. Storage units can be used to conduct business operations and supplement the high cost for office space.“It’s hard to start a business as a newcomer,” Alejandro Monsivais, who came to Canada from Mexico a decade ago and started his food and catering company, Mexicatessen, in 2008, told the Toronto Star. “But I’m…

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7 Nov 2012

The many small business owners throughout Canada and the Greater Toronto Area need to consider supply chain as their business grows, taking up their time from considering other business practices.Canadian entrepreneurs should consider supplementing the high price for office space with Toronto self storage. Business operations can be held in a storage unit at a fraction of the cost.“Entrepreneurs are usually driven by a passion for their product or service rather than worrying about how well their supply chain is delivering,” Tim McLaren, a supply chain expert and associate professor at Ryerson University, told the Toronto Star. “But small businesses face huge risks if they are not continuously monitoring and managing the relationships with their supply chain providers.”Whether a small…

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6 Nov 2012

The Canadian economy shrank during August for the first time in six months, according to Statistics Canada, indicating that interest rate increases are evident in the near future.For the many Toronto area small business owners, cheap storage is available that can be used for office space. Entrepreneurs can distance themselves from the volatile housing market conditions that could be even more costly in the current economy.The economy decreased by 0.1 percent in August from July, while the Canadian dollar also fell. Mining, oil/gas extraction and manufacturing all fell during August, while economists say the problems are wide ranging.“There are too many negatives in this report to dismiss the headline weakness as being attributable to just temporary disruptions in some sectors,”…

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2 Nov 2012

The world is an entrepreneur's oyster and many small business owners need to utilize it. With Canadians starting their own businesses in high numbers, many of them need to cultivate demand on an international level.For small business owners paying for the high price of office rent, know that cheap storage units are available in Toronto that are capable of maintaining business operations.“Because we’re all networked, there’s more thought given to being international,” Valerie Fox, executive director of Ryerson’s Digital Media Zone, told the Toronto Star. “It’s great to start out locally, but even in the design of the company – what your service or product is – you absolutely need to think of the world as your market.”In addition, websites…

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1 Nov 2012

Small business owners can reach a larger demographic by utilizing social media websites. Businesses of all shapes and sizes can benefit from social media.Any small businesses looking to curb the high price of rent should also consider self storage units that could supplement office space.Facebook announced last month that is has reached 1 billion users, successfully doubling the 500 million users in 2010. A 2010 U.S. National Small Business Association study reported that 47 percent of small business respondents used social media for networking purposes. Utilizing social media sites can streamline business operations by reaching more people in a cost effective way.“Most businesses go exclusively for reach, but advertising only works if users have heard your message again and again,”…

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30 Oct 2012

Annette McLeod, who started her own writing company, is telling Canadians that entrepreneurs should not be afraid to ask for advice. A mentor, like her friend Rosalyn Cronin, an experienced accountant and small business author can help shape the future of a business, helping an owner start, grow and avoid mistakes down the road.Any business owners looking to supplement the expensive price of rent for an office should look into Toronto storage prices and compare them with what they are currently paying for space."I don’t know what I’d do without her," said McLeod about Cronin. "I like being able to decide what is a viable idea and running with it, and prioritizing where resources go. And if my three-year-old son…

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26 Oct 2012

The Fall 2012 Canada, U.S. Commercial Real Estate Investment Review released by Avison Young showed that record low interest rates have Canada real estate volumes on the verge of exceeding pre-credit crisis investment levels.While renting or buying office space might be appealing to some business owners, self storage units in Toronto are even cheaper and are adequate for running many business operations.“Everyone wants to own a piece of commercial real estate in the largest and  one of the healthiest markets in the country,” said Robin White, Avison Young, principal and executive vice president, Capital Markets Group, in Toronto. “Investors have been served an entrée of product, ranging from trophy office buildings to redevelopment plays and while some investors are buying…

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26 Oct 2012

October is Small Business Month in Ontario, a time of year set aside to honor the significant impact small businesses have on the province and Canada as a whole.Small business owners are encouraged to look into Toronto self storage pricing and compare it to their office building rent prices. Storage facilities can house business operations and will save a business loonies while doing so."In Canada, 98 per cent of all businesses are considered 'small,' that is, employing fewer than 100 people," said Gary Goodyear, minister of state for the Federal Economic Development Agency for Southern Ontario at the annual Arnprior and District Breast Cancer Support Group dinner. "Yet the contribution these businesses make to our economy is enormous, accounting for…

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