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Tag Archives: business
The danger of market-timing a sale
Writing for The Globe and Mail over the past two years has been a treat for me but I’ve decided it’s time to stop talking about running a business and get back to actually running one again. I’ve recently launched a new software business and will be dedicating my time to it. This is my last column. Thank you, readers, for sharing your time with me… Read More
Source Photo and Text: The Globe and Mail
Posted in Blog
Tagged business, last column, launched, new software business, readers, The Globe and Mail, time, two years, writing
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The keys to competitiveness? Innovation and productivity
In a knowledge economy, talent and innovation are creators of competitive advantage and drivers of success.
If there were such a thing as a global competitiveness lottery, Canada’s current numbers don’t appear to be paying off. Our dollar is at parity; average business productivity levels are just 72 per cent of those in the United States; spending by business on research and development is 50 per cent of what businesses in the U.S. spend; and economic growth of our biggest trading partner is a sluggish 1.6 per cent… Read More
Source Photo and Text: The Globe and Mail
For entrepreneurs, timing is everything
A friend of mine started his own law firm with a partner about a year ago, after spending many years working for a large Bay Street firm.
Since breaking out on his own, his business has flourished, and he seems to be enjoying being his own boss, rather than just one of many partners.
I asked if he had any regrets about not doing his own thing earlier… Read More
Source Photo and Text: The Globe and Mail
Posted in Blog
Tagged Bay Street firm, breaking out, business, friend, law firm, own boss, own thing, partner, regrets
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Four steps to grow by acquisition
The idea of buying a business to grow yours may seem unrealistic but lately it’s becoming a lot more practical.
The Great Recession has left a lot of good-quality businesses with depressed financials run by owners who are battered, tired and motivated to leave.
Whenever a market swings too far in one direction, there is opportunity in the air… Read More
Source Photo and Text: The Globe and Mail
Posted in Blog
Tagged battered, business, buying, depressed financial run, direction, good-quality businesses, great recession, market swings, opportunity, owners, practical, tired, unrealistic
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Successful company sale requires good script
In the glare of the spotlight, business owners, like star performers, must know their roles: the script and the story, as well as the other players and their parts.
The goal in both cases is to generate a particular response from the audience. Whether it’s rave reviews for the actors, or offers to buy the businesses for the owners, it’s all about the preparation leading up to the show… Read More
Source Photo and Text: The Globe and Mail
Posted in Blog
Tagged actors, audience, both cases, business, business owners, buy, generate, goal, offers, other players, owners, parts, preparation, response, reviews, roles, script, show, spotlight, star performers, story
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CRM made easy, friendly…and free
In running my own business, I’m constantly looking for new products and services that will make things more productive, efficient and less time-consuming.
My current arsenal of online services includes Skype, Dropbox, Freshbooks, WordPress, Google Docs and Gmail.
A recent addition is Connected, a user-friendly customer relationship management (CRM) service that was acquired by LinkedIn earlier this month… Read More
Source Photo and Text: The Globe and Mail
Growing from a one-man operation
Dan Yurman, founder of Page 7, at his office in Toronto.
Every week, we will seek out expert advice to help a small or medium-sized company overcome a key issue it is facing in its business.
For the last five years, Dan Yurman has run his company all by himself.
But now, he needs help.
The founder of Page 7 Copywriting, a Toronto-based copywriting agency, is working 18-hours days, mostly writing advertising copy for numerous clients, such as Google Inc., Rogers Communications Inc. and Spin Master Ltd. He expects revenues to top $300,000 for this fiscal year, his busiest, and best, ever… Read More
Source Photo and Text: The Globe and Mail
How to build your personal brand within a company
Most people struggle with how to promote themselves without coming across as boastful or aggressive. Representing your own business or product is tough enough to begin with, but there are another set of challenges entirely when you’re trying to build your personal brand within the confines of a bigger company. How do you put yourself out there without upstaging your boss or looking like you’re trying to land a better job elsewhere? Here are some tips for how to navigate being your own best publicist in the workplace without alienating those around you: Read More
Source Photo and Text: The Globe and Mail
Posted in Blog
Tagged aggressive, better job, boastful, boss, build, business, challenges, company, navigate, personal brand, product, promote, representing, struggle, tips, upstaging, workplace
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