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Start and Run a Business

Get a Speed Coaching Session for your Small Business

February 25, 2015 | Thomas | Comments (0) Facebook Twitter More...

Amy Ballon Danielle BotterellInterested in some free expert coaching for your small business? 

Meet Amy Ballon and Danielle Botterell, MBAs, entrepreneurs, authors, and business coaches at Spark Consulting. Amy and Danielle will be stopping by Fairview Library's Small Business Networking group tomorrow to help you look at your business with a trained eye.

The Small Business networking series also give participants the opportunity to meet and learn from other business owners, share your own experiences, and soak in the collective wisdom of the group. 

Please register at the Information Desk at Fairview or call 416-395-5750 to let us know you're coming.

 

Bring your business cards!


Fairview-library-01 Mom IncSmall Business Network: Speed Coaching
Fairview Branch
35 Fairview Mall Drive  
Thursday February 26, 6:30 PM
416-395-5750

 

(You can also check out Mom Inc., Amy and Danielle's awesome book from a library near you!)

 

Small Business Network with Brent Weaver meets on Tuesday Feb.10th

February 7, 2015 | Christina | Comments (1) Facebook Twitter More...

Brent Weaver
Brent Weaver is a guest speaker at the Toronto Reference Library's Small Business Network.  Mr. Weaver has over twenty years of professional experience in the areas of business planning, operations, and management.

On Tuesday, February 10th, 2015, Mr. Weaver is focusing on the following topics: 

  • The business owner advantage:  How to start paying your fair share of taxes (and stop paying too much)
  • Different business setups:  Which is best for you?
  • Why many business owners with great ideas fail:  How to protect yourself from what you don't see over the horizon. 

The Small Business Network is meeting on:
Tuesday, February 10, 2015
6:00 pm - 7:15 pm  (75 minutes)
Hinton Learning Theatre, 3rd Floor
Toronto Reference Library
789 Yonge Street

Registration is not required.  This event is free and all are welcome.
 

Small Business Network: Come meet CEO and Visionary behind Orchard

February 2, 2015 | Thanusa | Comments (0) Facebook Twitter More...

I hope everyone had an amazing start into the New Year!

North York Central Library's Small Business Network series is back and we sure are excited about the amazing speakers we have lined-up for you this year.

Network
(image courtesy of jairoagua posted on flickr.com on July 5, 2006. This file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license)

If you haven't attended one of our networking sessions, come and join us this month! It's an on-going network event for small business owners or people who are thinking about starting their own business. We invite successful entrepreneurs to share their stories and provide their expertise. There is opportunity to network with others in the group and exchange business cards! Plus, it's free!

 
Bruno WongOn Wednesday, February 18th, come and meet Bruno Wong, owner of Orchard, a Toronto-based startup focused on changing the way Canadian buy and sell used computer technology.

As a self-taught designer, and entrepreneur, Bruno will share the insights he has gained after taking a business from idea to $250,000 in transactions over a 10-month period.

The session will be held in the Large Study room in the Teen Zone from 6:30pm to 7:30pm.

                                       Please register online!  

 Check out a few of our latest books on Business Start-Ups:

Invent Reinvent Thrive  Start Your Own E-Business Business Start Up in the Digital Age  From Passion to Profit      

Tax On Your Mind? I'm Talking about Business Tax!

December 22, 2014 | Thanusa | Comments (0) Facebook Twitter More...

  Receipts
(image courtesy of Steven Depolo posted on flickr.com on July 15, 2014. This file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic license)


It will be that time of season again, when we start thinking about preparing our personal income tax. For those aspiring entrepreneurs with the new year's resolution of starting up a business or for those that already have an existing business, you might want to focus on business tax return preparation.

You probably have commonly asked questions that you need answers to such as, What can I claim or write off as expenses to my business?, Should I apply for GHT account?, or Which form should I use to file my small business return?

Come with your questions and join us on January 15th at North York Central Library for the Business Tax 101: Vital Tax Strategies for all Business Owners- New and Seasoned program.

Dale Barrett
Dale Barrett
, Tax Lawyer at Barrett Tax Law and bestselling author of "Tax Survival for Canadians: Stand up to the CRA", will teach you how to keep the business profits in your pocket and not in the government's.

Topics include: corporations and other business structures, HST and other tax compliance, capital gain verses business income, owner and employee compensation structures, recordkeeping and audit preparedness, and much more.

 

Click Here to Register for the Free Program

 

  

 

 

Small Business Network: Come meet the owner of BizLaunch!

December 1, 2014 | Thanusa | Comments (0) Facebook Twitter More...

We made it to the last month of the year but are you still thinking about making your business dream into a reality?

Come join North York Central Library's last Small Business Network session to motivate you in taking that next step!

Andrew P 

In December's session, you will meet owner of BizLaunch, Andrew Patricio. BizLaunch trains, advises and mentors Entrepreneurs. Andrew is the author of two books on small business and has started 7 businesses of his own. He worked with thousands of entrepreneurs in USA, Canada, Russia, Latvia, Italy, Portugal, Sweden, Korea, Holland, Namibia, Belgium, USA, Barbados and South Africa.

For this session, Andrew will share with you the 7 secrets to building a successful small business. You'll learn the importance of defining your vision and how to develop a growth strategy that includes: your marketing and sales strategy, your financial strategy, your employee strategy, technology strategy, and your exit strategy.

Please register online: Small Business Network on December 17th

Session will be held in the Large Study Room in the Teen Zone at 6:30pm.

Don't forget your business cards and be ready to network!

 

Can a Book Change Your Life for the Better?

November 22, 2014 | Christina | Comments (0) Facebook Twitter More...

Think and Grow Rich
Satish Verma, guest speaker at TPL's Entrepreneur in Residence program How to Realize Your Dream on Wednesday, November 26th, discusses Napoleon Hill's secrets of success that have inspired Andrew Carnegie, Oprah Winfrey, Sunny Verma, and many other entrepreneurs today.

After bankruptcy, Satish read Think and Grow Rich by Napoleon Hill, a book which changed his life for the better.  He was able to crawl out of poverty and create many multi-million dollar businesses and now teaches others how to do the same.


Learn how to create your destiny through entrepreneurship in this mind-opening seminar with Sunny Verma.  All are welcome to attend.  The program is free.

How to Realize Your Dream

Sunny Verma, TPL's 2014 Entrepreneur in Residence
Sunny Verma, TPL's 2014 Entrepreneur in Residence

Wednesday, November 26, 2014
6:30 pm - 8:00 pm
Toronto Reference Library - Elizabeth Beeton Auditorium - 1st Floor


For other inspiring books by Napoleon Hill, check out the following titles:

    Success through a Positive Mental Attitude         Outwitting the Devil            The Law of Success
Success through a Positive
Mental Attitude
     Outwitting the Devil The Law of Success

Additional titles by Napoleon Hill.

Always Think Big

November 14, 2014 | Christina | Comments (0) Facebook Twitter More...

By Sunny Verma

Sunny Verma is the Toronto Public Library's 2014 Entrepreneur in Residence. Sunny, founder and CEO of TutorBright, is an advocate of self-employment, dedicating his time to help individuals realize their dreams through entrepreneurship.



sky

The first time I can recall intuitively understanding what the words “Whatever the mind can conceive, and believe, it can achieve,” meant, I was a 5-year-old boy living in the squalors of India.  A distant uncle visited us, and generously took my brothers and I to our first western movie. 

It was a James Bond show.  One scene in particular struck a chord with me - James Bond (in those days played by Sean Connery) was in Zurich having coffee on a sidewalk cafe beside a very beautiful river with a stunning blonde woman.  It was the first time I had the opportunity to see what life outside my tiny, slummy neighborhood looked like, and I longed to escape.  I left the theater believing without a doubt that one day I was going to visit Zurich, and have a coffee on a sidewalk river café, just like James Bond.  Keep in mind, I was a very poor child, being raised by a single mother in the lowliest neighborhoods in India.  At that time, to the outsider looking in (and even to the insiders I lived among) the chance of me ever leaving those dirt streets I called home was next to nothing. 

But the image stuck in my mind until it was tattooed onto my brain. The years went on, and I got the opportunity to attend a Canadian university through a scholarship.  As I was making my travel arrangements (to leave the home almost everyone told me I would be chained to) it occurred to me that I was going to be flying across the world.  Surely, at some point along that route, I would come close to Switzerland.  On a whim, I asked the travel agent if it would be possible to make a stopover there.  Somehow, he managed to make this work!

As I sat on a sidewalk café situated along Zurich’s beautiful river Limmat, sipping my coffee on a sunny fall day, it flashed through my mind that the longing I held for almost 15 years had come to fruition. Through one tiny seed of thought, backed by childlike faith, some unknown force had orchestrated this very moment.   

As I embarked on my journey, I truly felt that whatever my mind could conceive, and believe, it would achieve.  Armed with this knowledge, I wondered why I had limited my dream.  While sipping coffee on that sidewalk café was truly a symbol of how far I had come, my only minor regret was not adding the detail about the gorgeous blonde woman sitting across from James Bond to my vision (if my wife is reading this, this is joke).

All of us should dream big.  So why do so many of us settle for pennies? Our limitations are only in our minds. 

Finding a Mentor

November 12, 2014 | Christina | Comments (0) Facebook Twitter More...

By Sunny Verma

Sunny Verma is the Toronto Public Library's 2014 Entrepreneur in Residence. Sunny, founder and CEO of TutorBright, is an advocate of self-employment, dedicating his time to help individuals realize their dreams through entrepreneurship.

Handshake
Photo credit: EOS 5D Mark II (This file is licensed under the Creative Commons Attribution-Share Alike 2.0 Generic License.)

Choosing the RIGHT Business Mentor 

Many entrepreneurs need advice, especially when starting out.  One of the best ways to get this guidance is through mentorship.  Finding the right mentor, however, can be a bit of challenge, so here are some tips on finding the right mentor for you: 

Who should your mentor be? 

Make sure you choose your mentor wisely.  Their advice can heavily impact your life and business; therefore you have the right to be selective.  The best mentors tend to be those who have “done it before.” They have a wealth of experience and can share insights on their failures. It is best to look for people in your industry and those who have had success with a similar business model.  Also, make sure your mentor shares the same values as you.  Mentors with these characteristics can help fast track your success. 

Where do you find a mentor? 

With a plethora of places to seek advice and an abundance of business leaders who are willing to share, there has never been a more ideal time to be an entrepreneur. LinkedIn is a great way to view profiles of business leaders and connect with them. When you find profiles of potential mentors who meet your criteria, offer to take them out for coffee. 

Another great avenue is networking events.  There tends to be a wide range of people at networking events. Put yourself out there and let people know about you and your business.  At networking events, people are often willing to offer help and meet with you at a later date.

What to ask a mentor? 

Tell potential mentors about your business and that you are looking for guidance. Describe where you are at (i.e. are you just starting out, or are you making millions?) and the roadblocks you see ahead.  Let them know why you have asked them specifically to help. For example, explain that you have done your research on both them and their business, and why you think they can help you.  Be careful to only ask for a short meeting - nothing more than 30 minutes. 

When should you seek a mentor? 

Ask before you need the help. It is always great to have a mentor who you can call with issues and seek advice from. 

Give back!

Once you make it, give your time by mentoring aspiring entrepreneurs. Keep the entrepreneurship ecosystem alive and never forget those who guided you on the road to success.  

Welcome Aspiring Entrepreneurs

November 12, 2014 | Christina | Comments (0) Facebook Twitter More...

By Sunny Verma

Sunny Verma is the Toronto Public Library's 2014 Entrepreneur in Residence.  Sunny, founder and CEO of TutorBright, is an advocate of self-employment, dedicating his time to help individuals realize their dreams through entrepreneurship.

Update:  The deadline for One-on-One consultations was October 31, 2014.  We are no longer accepting applications for this year.


I am absolutely honoured to be this year’s Entrepreneur In Residence (EIR) for
the Toronto Public Libraries!

SVerma-150x185

During my time as the EIR, I’ve had the opportunity to hold three seminars (with one more to come) and will be holding many one–on–one consultations with aspiring entrepreneurs. 

Past seminars have been very well received. The final seminar is on November 28th at 6:30pm at the Toronto Reference Library. 

One-on-one consultations are a chance for you and I to meet personally. These meetings will give me the opportunity to discuss your business and hopefully give you some advice on getting it off the ground.  Please feel free to submit your business even if it’s just an idea.  I am interested in hearing about your entrepreneurial journey regardless of whether you are just thinking of starting or running a large business. 

I would love to tell you a bit more about my entrepreneurial journey and myself. I started a company called TutorBright, which is a 1-to-1, in-home mentorship and tutoring program for students. TutorBright started as an idea and quickly flourished to a company that serves more than 30 cities across Canada and, quite recently, we’ve opened an office in Australia. 

I truly believe entrepreneurship is the best way to make your dream become a reality.  Not only does it give you the opportunity to make the impossible possible, but it also allows you to discover your own potential. I knew that working at a 9-to-5-office job would never fit my personality, and that there was no other option for me but to become an entrepreneur.   

I completely understand the risks of starting a business and leaving a steady paycheck.  But if you are not fully satisfied with your job, isn’t that a bigger risk? By waking up every day to go to a job that you don’t enjoy, you risk having an unfulfilled life.  Let’s do the math:  If you sleep 7 hours a night, and commuting and working takes 10 to 12 hours out of your day, you are dedicating 60-70% of your waking hours to doing something that you don’t love.  To me, that is a bigger risk than ‘taking the plunge’ into entrepreneurship. 

During my time as EIR, I will be writing blogs about my experiences as an entrepreneur. If you have any ideas, thoughts or questions, I would love to hear them. 

Cheers to all the (future) risk-takers and dream-makers!

 

Small Business and Health & Safety Legislation

November 3, 2014 | Christina | Comments (4) Facebook Twitter More...

Health and Safety Signs
Signage Safety Health Warning Sign. Photo credit: Nemo (This file is licensed under the CC0 Public Domain.)

The Occupational Health and Safety Act (OHSA) does not differentiate between small businesses and larger ones. If you are an organization with fewer than 20 employees, whether you have Workplace Safety and Insurance Board (WSIB) coverage or private insurance, the Occupational Health and Safety Act and Regulations apply to you.

Some small business owers incorrectly believe health and safety legislation does not apply to them. For example, owners that opt out of WSIB coverage make an assumption that they can also opt out of the Occupational Health and Safety Act

Other owners may have read in the Act that a workplace with five or fewer regular employees does not need to prepare a written health and safety policy. However, the Public Services Health and Safety Association (PSHSA) states "the Act indicates that if there's a critical injury or fatality, or even a visit from a Ministry of Labour (MOL) inspector, the business owner would still be required to demonstrate and document that people are working safely, and that a disciplinary process is ready to implement."

If you own a small business and are uncertain what you can do, The Public Services Health and Safety Association (PSHSA) website offers advice to Small Business. The website also links to a Small Business Resource Book, to help small businesses understand and satisfy their legislated responsibilities, while creating a safe environment for their employees.

On the PSHSA Small Businesses page, there is a link to Get Help. In addition, the Public Services Health and Safety Association provides links to Training (e.g. web tutorials), Products (e.g. free downloads, resource guides, etc.), Consulting and much more. 

The Ontario Occupational Health and Safety Act is available online at the Ontario government's eLaws page.

For additional information about the Ontario Occupational Health and Safety Act, consult the followng titles at the Toronto Public Library:

                                    Pocket Ontario OH&S Act & regulations  Ontario Occupational Health and Safety Act

Welcome! We are specialized librarians in our business department and we write about current issues for small business owners and those interested in personal finance matters. For more information and resources see our Small Business & Personal Finance page.