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What makes Surrey Sizzle? Surrey Board of Trade’s Annual Seasonal Sizzle Business Reception – Answers that might surprise you.

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On December 7, 2016, the Surrey Board of Trade and the Sheraton Vancouver Guildford Hotel hosted “Christmas in Paradise”, a Christmas Party and Trade show with a candy cane twist.

This free event raised funds and donations for the Surrey Food Bank and allowed business people and arts people, the movers and shakers and those who only jiggle, to business-network and party together.

600 business people from the City of Surrey and surrounding areas attended the best Business Christmas party of the year. If you like to meet business-minded people but hate networking, this is the event for you. It’s a Christmas party where you get to meet all the friends that you didn’t know you had in the business community.

Good parties start with good people, a great Christmas atmosphere, some nibbles, a glass of wine and some fun party music.  Fusion Presents took care of the music, setting a perfect tone for a little dancing and yet soft enough that you could have a conversation easily. A little jazz, a little soul, a little fun, a little rock. This was a business card exchanging, laughing, dancing, eating and ho, ho, ho-ing good time and who doesn’t love that.

Fusion Presents

http://www.fusionpresents.com

Participants wandered among the booths of exhibitors, wine in hand and smiles in place.

Surrey604 was there with Christmas bells on to ask the question, “What makes Surrey sizzle?”

Let’s see if you agree with these people or if you can come up with your own unique reason why you love this city?

According to Anita Huberman, CEO of the Surrey Board of Trade, Surrey sizzles because “For the past 20 years we have been hosting the Seasonal Sizzle Business Reception.  It is an opportunity to thank Surrey’s Business community for their support and for investing in Surrey. The 600 people who attended this event are all excited about Surrey and what the future holds for us.

What makes Surrey sizzle is the collaboration between like minded people and the opportunities that are available in Surrey. It is about the industry, development, technology, health care, clean technology, manufacturing. It’s about small businesses.

Surrey is so vibrant. Surrey is going to be the largest city in B.C. in less then ten years. Everyone here tonight knows that and they are excited about the possibilities. The Surrey board of Trade will be 100 in two years. We are so excited about being part of Surreys business community.”

Anita Huberman, CEO of the Surrey Board of Trade

Surrey parties are just as diverse as Surrey itself.  Business people of all types mix with  the non-profit and arts communities, all working together. Getting along is something Surrey does so well.

Amarjeet Singh, the founder of NAAD,  a music and arts foundation, thinks that the real sizzle comes from our multiculturalism.

“The name NAAD means the essence of all sounds or the cosmic sound of the universe.   It is very inclusive, just like Surrey. Whenever you attend multicultural events in the city, you see everyone smiling. There is such a good positive energy.”

Surrey does have some serious challenges.

Real Estate Agent, Nasima Nastoh’s son lost his life to bullying in 2000. She founded the Anti-Bullying Coalition which attends local schools to talk about the serious effects of bullying and gives students information and tools to get involved in healthy positive interactions with one another.  She deals head-on with the tough conversations about bullying and suicide.

Nasima Nastoh

Nasima says “Diversity and the resources and community services that are available in Surrey are amazing. Many families live here because they feel comfortable. Surrey welcomes everybody. “

 

Christine Galer and Ken Etheridge

Christine Galer, a supply chain manager thinks that the people are what make Surrey so strong. “Their vibrancy, their openness, their inclusiveness. They are striving to make this city better every day. Ken Etheridge added, “The people here still know how to smile.”

Marvin Hunt, Liberal MLA for Surrey Panorama, agreed.  “It is all about the people. Surrey has some of the most wonderful, warm, caring people I know. I love this place because I love the people of this place.”

And then there is this…..

Kristi Rigg and Linda Brind Dickson

Surrey is full of really fun people.  We don’t take ourselves too seriously.  As Ken pointed out, we really do know how to smile (and laugh).   And who would attend a business party dressed like this….well…. Kristi and Linda of course.

Kristi Rigg and Linda Brind Dickson from the Westcoast Centre for Learning (a brain training centre located in Guildford) felt that Surrey was the best place to be because “the really hot business ideas come from the Surrey Board of Trade and the people that attend these events.”  They were truly dressed for “Christmas in Paradise”.  Guess they weren’t dreaming of a white Christmas.

Carol Girardi, the president of the Arts Council and the Cultural Advisory Board had a lot to say about the City of Surrey Mayor and council and their continued and dedicated support for arts and culture in this city.

“When I talk to other Arts Council’s throughout BC, they cannot believe the support that we get from our city council. It is amazing.”

Jannette Maedel of the Surrey Art Gallery Association (SAGA) agrees. She thinks that the the youth arts programs and contemporary art were what put the magic into Surrey.

The room was full of trade show booths displaying everything from local  companies, various arts groups and foundations. The information on available opportunities in Surrey was as varied and interesting as the types of people who attended this event. They each have their own take on what makes Surrey such a special place to live, work and play.

Barbara Gould

Barbara Gould from ArtsCan says “You can’t top the people who make the arts. They make this city shine”

Mac Blackburn from the Royal Canadian Theatre Company agrees that the arts play a vital role in the livability of this place. “Professional Theatre in Surrey is what makes it fabulous, darling. Why drive to Vancouver when you can see excellent local theatre at the Surrey Art Centre in Bear Creek Park” (tickets for Beauty and the Beast currently on sale at the Surrey Arts Centre box office).

Tickets for Beauty and the Beast at the Surrey Art Centre and Maple Ridge’s The Act

Chris Thornley from Thornley Communications thinks that “musicians that make the music and donate so much of their time to charity fundraisers like Blues for the Bank “. Surrey Food Bank Dance Party Live Band fundraiser is on January 21st – tickets at

“Surrey is the hot spot for business and pleasure. We are there to help our customers get more customers and more business.” says SBOT (president of the SBOT fan club) – Jason “Nitroman”

Tony Malyk is a business coach with Empowered Business Coaching. He works with all types of businesses in the city and he thinks it is Surrey’s forward thinking that makes this the best city to do business in.

Surrey is breaking boundaries, physically, economically, and culturally. Surrey is all about innovation. We are forward thinking, willing and ready to take advantage of all opportunities. Surrey looks forward and not backward.”

Bret and Gavin from Novex Delivery Solutions were dressed to party at this “Christmas in Paradise“

Bret and Gavin from Novex Delivery Solutions

Brett pointed out that at an event like this, “Everybody is in high spirits. This is a fun vibrant community.” Gavin says “Being new to the city, I walk in here and see everybody smiling and happy and supportive. It’s the definitely the people.”

“What makes Surrey sizzle is some of the current upgrades like the revitalization of the downtown core or Innovation Blvd and the Health Tech community that is building there. But then we also have the Surrey Museum expanding so it is about the new and the old. We are gaining momentum with our history and getting more comfortable in our skin. Another thing for me personally is our green spaces, our beautiful parks.” Says Dan Effa, of Effa Consulting, a local business consultant specializing in helping business leaders clarify and reach their goals.

Kevin Croot

Kevin Croot with Cooperators Home Insurance says that Surrey rocks because “of all the fantastic people at all these events. There is great community spirit, way more than any other place I work.”

Travis Higo was manning the booth for Kwanten Polytechnic University.  He felt that Surrey has great educational opportunities. “The opportunities that are in Surrey economically because of the population growth are huge. Kwantlen has been part of that foundation from the beginning.   We are here to help produce highly educated skilled workers to meet that demands of Surrey’s growing market. We have opportunity here.

Mary Mickelson, with her late husband, Arnold Mickelson, has operated an art gallery called Of Mind and Matter in Surrey for 42 years. She felt that the people of Surrey where what makes this place sizzle. “Embracing multiculturalism has created a unique blend of people here.”

Mary Mickelson and her friend

Surinder Bhogal, the chief librarian with Surrey Libraries felt it really was the kids that made this city pop. “Kids sharing stories in the library and bringing sparkles of joy. The kids of this city have the best smiles

From the city services like free libraries, to non-profit support agencies like PICS and Options, to festivals like the Surrey International Children’s Festival, to foundations and arts groups; the blend of interests that weaves its way around the businesses and business people that attend these Surrey Board of Trade events show true diversity and is a shining example of what we can achieve if we all support one another.

People like John Leech from Applied Science Technology and Technicians of B.C. They are a Surrey based organization with over 10,000 members in BC. “Surrey sizzles because of its inclusivity.” says John. “Surrey supports our local building programs, which work with people that have diverse abilities, first nations, internationally trained professionals and our more recent focus on youth with challenges and job training for single parents. We have a skilled workers shortage in this country, especially in the engineering and technology fields. Surrey is at the heart of tech sector training. We want to have skilled workers ready for when the tech sector takes off.”

Doug Tennant of the Semiahmoo House Society also feels that it is the welcoming environment that appeals. Semiahmoo House Society provides quality services and support to people with disabilities and their families.

“Surrey is so welcoming for diverse people. People from different ethnicities and backgrounds but also people with different abilities. I have always been very impressed with how Surrey business are open to hiring people with disabilities and having an inclusive environment at their work place. “ exclaims Doug.

“What makes Surrey sizzle is the growth, the growth of business, the growth of residential, the families, the opportunities.” Says John Wartman with Schmit and Funk Financial.

John Wartman

 

Catherine Levan with Kickstart Communications, a brand development company feels that it is the “beautiful blend of different cultures and personalities like a multi coloured field of flowers.”

 

Catherine Levan and Linda McCrossin

The setting was the beautiful Sheraton Vancouver Guildford Hotel and the woman that makes it all hum is Linda McCrossin, Director of Catering and Event Management. According to Linda, Surrey is simply the “happening place to be”.

Kim La Breche, award-winning author was adding her personal sparkle to the event. She is the CEO of Saklas and Company, Chartered Accountants. Kim felt that what really makes Surrey Sizzle is the diversity. “All the different cultures coming together and sharing each others traditions and embracing each others differences.

Shara Nixon and Santa

Santa was the star of the event and people were lined up to get their picture taken with Santa in exchange for a donation to the Surrey Food Bank.

Now before you think this event was just a love fest, there were some discussions about problems that Surrey has and how we can do more to help people that need more support.

Former Fire Chief, Bill McNamara was quick to point out that what makes Surrey really special were “The volunteers, they are really driving the changes in this city and helping people that are in need. They make this city look good.”

Bill and Carole McNamara

Bill, Surrey’s Good Citizen of the Year recipient, is raising money to build an Indoor Track and Field Multi Purpose Centre. He wants to build a place for the kids to keep fit and have the opportunity for active play.  He wants to help young athletes in this city begin their Olympic dream. Bill and his wife, Carole are two of the amazing volunteers of this city.

Between the wonderful appetizers being served by the Sheraton Chef’s and the BBQ chicken from Clancy’s Meats in Cloverdale, the room was full of enticing smell and taste. After all, there is nothing that says Christmas like BBQ.

Clancy’s Meats – Cloverdale

Surrey Board of Trade Seasonal Sizzle and Food Bank fundraiser really showcases the wonderful and passionate people that populate this city. From music, to food, to art, to innovation, to business, to growth, to education – it all comes down to the amazing people that call this place home.

Surrey, you should be proud of yourself.

Come to the next Surrey Board of Trade event and introduce yourself to this vibrant community of movers and shakers (and people like me, who just jiggle once and awhile.)

What do you think makes Surrey sizzle?

Comment below and then share with your friends. Let’s see if we can think of all the reasons this city is the only home to come home to on this holiday.  #surreybychoice

Shara Nixon loves to hear and repeat the stories of people’s lives and cultural viewpoints. She enjoys deep conversations and people who hold strong viewpoints. In her day job she is a social worker for business owners, helping them meet their goals. As an insomniac, she writes at night to clear her head. She is punctuationally challenged and uses too many !!!. She also believes in creative spelling as an art form. Her super-power is in connecting like-minded people and communicating with an intent to learn instead of respond. She writes about relationships, business savvy, online dating, finance and general things that piss her off. Shara believes that key to peace is education and connection!!!

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Building An E-Commerce Business In Canada? Here’s What You Need To Know

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The consumer market in Canada is changing at a rapid pace. On the west coast, start-ups are becoming increasingly common as entrepreneurs call cities like Vancouver, Victoria, and Surrey their home.

In this changing market, e-commerce is slowly taking the place of traditional brick-and-mortar storefronts in many respects.

As an aspiring e-commerce entrepreneur, there are several significant resources and insights to keep in mind ad you begin to build your business.

Track Your Income & Expenses

Before you can strategize and create lofty long-term goals, you’ll want to ensure you have the financial structure you need to grow your business.

Often, entrepreneurs in Canada struggle with the basics and must look to alternative lenders or online payday loans in Surrey or wherever their business has been established.  To ensure you don’t make the same mistakes, you’ll want to set up a separate account for your professional expenses.

Whether you choose to create monthly spreadsheets or use a budget app, having a money management tool you can refer back to will help ensure you’re never overspending and you’re investing your profits where they’ll best serve you and your company.

Invest In a Web Developer

Many e-commerce brands are as popular as they are today because of the functionality and engagement their site brings to the market.

When you’re in the process of hiring a web developer, look at their resume and past clients — you’ll want to see what kind of sites they’ve created and how consumers have responded.

This hire can make or break your brand before you even launch, which is why it’s vital to do the necessary research.

Email Marketing

There are certain areas of creating an e-commerce brand in Surrey or throughout Canada, and e-mail marketing is one of the most significant.

While social media is becoming increasingly popular as a marketing technique, e-mails remain a tried-and-true method for reaching customers and convincing them to make repeat purchases.

Creating lists for promotions and sales is a skillful way to keep customers engaged, rather than simply e-mailing only when they’ve made a purchase.

You’ll want to continuously test and optimize your emails using A/B testing to ensure you’re maximizing your growth potential.

Prioritize Customer Service

Without customers, your business will be unable to survive, let alone sustainably grow. The e-commerce market is competitive no matter the industry you’re in, which means customers are looking for brands that care about their shopping experience.

If your operation is small, you’ll likely be handling customer inquiries on your own. Remember to prioritize a portion of your day to comb through questions or concerns to keep your potential customers invested. When buyers have a seamless experience online, they’re more likely to recommend that product or service to their network.

If you have the capital to hire a single employee or a small team, you can delegate the customer care tasks and focus on the departments that need your immediate attention. You’ll want to ensure these candidates have strong writing skills and sales backgrounds — because they’ll know how to engage with your customers and ensure their satisfaction.

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Surrey teenage entrepreneur’s food delivery app boasts of 10,000 users, unique dine-in feature

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Surrey-based entrepreneur Ekam Panesar’s home delivery app DishPal is giving competition to the big delivery companies in the Lower mainland.

Two years after starting DishPal, the app now has 10,000 users and 100 active drivers. The app has partnered with 75 local restaurants already with many more to come.

The app was started by Ekam Panesar in Grade 12. The Seaquam Secondary School graduate is proud of its success so far. “This is only the beginning”.

“I was 16 at the time, when my father while eating lunch at one of the restaurants shared a concern of restaurants that they make very less profit on their orders from third-party food delivery platforms because of higher commission fees,” Panesar said.

“That’s when I decided to create DishPal, a smart app for ordering food and delivery online that helps local restaurants earn more by offering a lower commission of 10%.”

Panesar worked relentlessly to transform the idea into reality. After research, trials, and surveying the restaurant industry, DishPal was launched with a unique dine-in feature.

Dishpal

It is a mobile reservation, payment, and menu planning app that enables you to make reservations, order online, pay at the table, and tip. This contactless service helps you ditch your wallet.

DishPal also has a subscription plan called “DishPal Plus” which offers cashback/credit on every order, free delivery, and other benefits which helps you save while you shop.

Users may use the online credit or go to one of our partnered locations in person to pick up the order.

Panesar attributes his success and positive work ethic to his family. “My parents always taught me not to compare myself with anyone as everyone is unique in their own way.”

About the Founder-CEO:

Ekam Panesar is a solution-driven young entrepreneur who balanced his academic life with entrepreneurial dream and community work.

Ekam currently attends classes at Simon Fraser University. His drive to expand his business to the next level is fired by his vision. He wants DishPal to be a name brand in Canada and India that stands for trust, transparency, reliability, and quality.

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How Businesses Are Prioritizing Appointments As They Open Their Doors Again

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Restaurants and retail stores have finally reopened their doors after months of closure. As they reopened, shoppers have lined up and flocked to stores in record numbers, even amid recent Covid-19 surges.

The reopening has been a welcome occurrence for many, not least because of the 24,000 jobs recovered in Surrey. However, while consumers are eager to support their favourite clothing brands, small businesses, and other non-essential businesses, owners and management have had to strike a fine balance between maximizing customer footfall and prioritizing customer safety in-store.

Getting the balance right between generating income and deciding which clients get the first appointments can be a tricky decision. Thankfully, each business is adopting its own ways of prioritizing appointments and maintaining great customer service at the same time.

Dental And Medical Institutions Turn To AI And Scheduling Software

Based on safety guidelines from the Royal College of Dental Surgeons of Ontario, dentists are relying on a prioritization scheduling approach for patients. The organization recommends physical spacing between appointments to allow for appropriate sanitization measures between patient visits, along with pre-appointment screenings.

Dental practices are also encouraging patients to practice good dental care at home, and take note of the signs of gum inflammation early on to avoid more severe consequences, such as periodontal disease, which can occur if gingivitis develops and is left untreated.

Patients with urgent dental concerns like a severe dental infection are being referred to emergency dental clinics or earmarked for emergency clinic hours. Dental practice management software like ACE Dental and DentiCon are also being used to schedule and track appointments.

Scheduling software such as these also offers useful scheduling hacks like the ability to group patients as family members – and possibly group their appointments to minimize the spread of infections.

Other dental practices are using AI to prioritize urgent patient appointments, similar to the UK’s NHS approach to working through the patient backlog. Booking and patient interaction software like Dr. Doctor relies on predictive algorithms to help hospitals and dental care surgeries prioritize appointments by urgency instead of seeing patients on a first come first served basis.

Patients are given a patient questionnaire to complete, and graded using a colour-coded charting system. These and other dental booking software systems help to reduce the administrative burden on clinicians, which leaves them with more time to focus on patient care.

Pre-Booked Appointments And Outdoor Dining Feature Heavily For Restaurants

Due to a recent surge in cases across British Columbia, restaurants are closed to indoor dining until April 19, 2021. However, takeaways and outdoor dining are still permitted. Most restaurants have taken their appointment booking and takeaway services online, allowing customers to make reservations based on table availability, or pick up their meals to go.

The use of online appointment scheduling software such as Zoho Bookings and Yocale are popular amongst food establishments to keep track of bookings.

Currently, no more than six people are allowed to sit together when booking a restaurant reservation in order to maintain social distancing, according to reopening guidelines by Work Safe British Columbia. Therefore, larger parties are either being spilt into separate dining reservations (if outdoor space permits) or offered an alternative date.

Retailers Continue To Rely On Crowd Control, Navigation Signs, And Queues

Other retail stores have also implemented crowd control techniques instead of an appointment system. Retail stores in malls are now limiting the number of shoppers in-store at any one time, and have implemented navigation signs for customers to help with the flow of traffic in-store and outdoors.

Doormen and security staff are a common feature, as they maintain the number of shoppers in-store and regulate the flow of traffic in a bid to prioritize social distancing.

Stores are also incorporating an omni-channel approach as a way to stagger in-store traffic. Caposhie in South Granville has continued to keep a focus on online operations to balance demand.

Owner Adelle Reynaud said, “We sort of spent our time kind of building the back end up, and hopefully through this our online sales will grow and we’ll kind of figure out new and improved ways to figure that out.” Other retailers have embraced the use of the click and collect model, and are encouraging customers to use their virtual services where possible.

Jewellers like Tiffany’s in Vancouver now allow consumers to book their virtual appointments online, or book a time slot for in-store consultations. Golden Tree Jewellers in Surrey has done the same, providing a dedicated contact number for appointment bookings.

As business resumes, companies are having to find new and innovative ways to balance their profitability and customer safety. Deciding how to prioritize appointments is a crucial part of that.

The basis of prioritization and appointment models differ greatly according to businesses, but one thing that remains consistent is that businesses in BC are finding ways to rise to the challenge.

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New Device Repair Service On Wheels Launches In Surrey, Bringing Residents Contactless, Convenient And Professional Repairs Right To Their Doorstep

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Mobile Klinik goes mobile: Innovative smartphone and tablet repair service on wheels is now available in more than 100 cities and towns across Canada

Mobile Klinik waiving $29.99 convenience fee to support Canadians with safe contactless customer repair support amid Covid-19

Today Mobile Klinik, Canada’s leading chain of professional smartphone and tablet repair stores, launched Onsite Repair Units, the first van service of its kind to offer consumers and businesses nationwide the convenience of professional smartphone and tablet repair at the location of their choice.

With more Canadians working and learning from home and physical distancing protocols in place, it is more important than ever for their devices to be working without issue, and now residents and businesses in more than 100 communities nationwide can conveniently access Mobile Klinik’s Onsite Repair Unit service.

“The launch of Mobile Klinik’s Onsite Repair service is our latest initiative to make smartphone and tablet repair a more accessible, cost effective, and convenient option for Canadian consumers,” said Tim McGuire, CEO of Mobile Klinik.

“Because we are spending so much time learning, working, and seeking entertainment at home, having reliable smartphones and tablets is paramount. We are proud to bring our services right to our customers’ doorsteps – at no extra charge – so they can resume using their device, often in less than an hour.”

As a leader in professional smartphone and tablet repair, Mobile Klinik is committed to providing Canadians with flexible and affordable options to keep their devices for longer, servicing common issues like cracked screens, broken cameras, software updates, and battery replacements using high quality parts and state of the art diagnostics – right from inside the Mobile Klinik service van, outside their homes or place of work.

To further support Canadians throughout the Covid-19 pandemic, for a limited time, Mobile Klinik is waiving the $29.99 Onsite Repair Unit convenience fee.

Customers in the following communities can book today either online or by phone to have a Mobile Klinik technician arrive at the location of their choice and service their repair in 60 minutes or less.

British Columbia

  • Vancouver
  • Surrey
  • Richmond
  • Burnaby
  • Delta
  • North Vancouver
  • West Vancouver
  • Coquitlam
  • Pitt Meadows
  • Maple Ridge
  • Langley
  • White Rock
  • New Westminster

Alberta

  • Calgary
  • Chestermere
  • Airdrie
  • Edmonton
  • St. Albert
  • Spruce Grove
  • Beaumont
  • Leduc

Manitoba

  • Winnipeg
  • Selkirk

Ontario

  • Toronto
  • Mississauga
  • Brampton
  • Oakville
  • Milton
  • Caledon
  • Ottawa
  • Nepean

Quebec

  • Gatineau
  • Montreal
  • Pointe-Claire
  • Kirkland
  • Salaberry-de-Valleyfield
  • Laval
  • Longueuil
  • Quebec City
  • Levis
  • Saint Jean Sur Richelieu

To find out if Mobile Klinik’s new Onsite Repair service is available in your community or for more information, visit us:

About Mobile Klinik

Mobile Klinik is Canada’s leader in professional smartphone and tablet repair, refurbishment and resale with more than 90 convenient locations from coast to coast, Onsite Repair Units in over 100 markets across Canada and an online store.

We are committed to providing Canadian consumers and businesses with flexible and affordable options to repair, buy, sell, protect and connect their wireless devices.

For more information about Mobile Klinik, please visit our website and follow us on Twitter and Instagram.

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Attention Entrepreneurs: This Could Be The Ideal Time To Start That Business

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Every business has been impacted in one way or another by the COVID-19 pandemic. In many cases, this has led to layoffs, reduced hours, and other major changes for workers. While the economy is struggling to bounce back, entrepreneurs have a unique opportunity to push their business dreams forward.

There is more talent accessible on the market than ever before, and you’re not constrained by geographic location. It’s easier to be nimble and succeed with a small team (even just yourself) than it used to be. And if you need a small business loan to get your company up and running, interest rates are expected to remain low for several years.

Many of the world’s most successful companies were started in the midst of a financial crisis. It all comes down to whether or not you can provide consumers with something they need or want. If you decide to start your business in the near future, however, you’ll need to ensure that you manage your capital well so that you can stay in a strong position for long-term success.

Surrey604 is here with some ideas. From conducting a market evaluation to saving up a healthy financial cushion, here are a few key practices for stretching your startup capital in the early stages of your entrepreneurship:

Evaluating the Market

Assuming you already have an idea of what type of product or service you want to offer, you will need to do a thorough market evaluation to ensure there is demand for it.

How big is the market? What are potential competitors offering and how is your product different? What are the price points like?

Writing a Business Plan

Once you’ve assessed the market, you’ll need to create a business plan. Much can be said on this subject, but to keep it short: Your business plan should contain all the information pertinent to the launch and growth of your company over the next five to 10 years.

Some examples of what you need to include are your mission statement, a description of products or services, financial projections, the kind of staff needed, and your marketing strategies.

Outsourcing Time-Consuming Tasks

It might seem counter-intuitive, but hiring people can be a cost-effective method of growing your business. Think about it: If you try to do everything yourself all the time, everything will take longer to get done. And chances are they won’t be done properly and you’ll get burned out in no time.

Consider any tasks or roles that will distract you from your vision as the business owner, and start looking for qualified workers to fill them. For example, you can easily hire professional accounting, legal, and branding services through freelance job platforms.

Using Financial Management Tools

A lot goes into managing finances when you’re a business owner. It’s easy to get overwhelmed keeping track of your taxes, expenses, payments, invoicing, and other factors.

Fortunately, there is a slew of software tools on the market (e.g., Freshbooks, Xero, QuickBooks, etc.) that can simplify this process. Use them.

Saving Up

Just like with personal finances, saving up a contingency fund for your business can provide you with security and peace of mind. You never know what is going to happen tomorrow — or even today! — and having money saved up can help you avoid significant financial hardships or the loss of your business.

Start setting aside money each week, and try to put away at least six months of expenses. If you’ve been thinking about opening a business, why wait?

There are many reasons why now is a great time, and if you prepare beforehand, you can take advantage of the moment and establish a stable foundation for long-lasting success.

Along with considering the tips above, keep researching to see what others steps you can take to build a healthy, thriving business from the ground up!

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