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<channel>
	<title>OPL Blog &#187; Small Business Smarts</title>
	<atom:link href="http://www.opl.on.ca/blog/type/business/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.opl.on.ca/blog</link>
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		<title>Interested in hiring internationally trained workers?</title>
		<link>http://www.opl.on.ca/blog/2010/08/interested-in-hiring-internationally-trained-workers/</link>
		<comments>http://www.opl.on.ca/blog/2010/08/interested-in-hiring-internationally-trained-workers/#comments</comments>
		<pubDate>Thu, 05 Aug 2010 22:16:05 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Small or Medium-Sized Enterprises]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=872</guid>
		<description><![CDATA[August 5, 2010 Could your business benefit from hiring internationally trained workers?  Employer&#8217;s Roadmap to Hiring and Retaining Internationally Trained Workers published by Citizenship and Immigration Canada is a guide for employers in small and medium-sized businesses. Internationally trained workers (ITWs) can help meet your labour needs; increase your competitiveness; help develop new markets; bring fresh [...]]]></description>
			<content:encoded><![CDATA[<p>August 5, 2010</p>
<p>Could your business benefit from hiring internationally trained workers?  <a href="http://dsp-psd.pwgsc.gc.ca/collections/collection_2010/cic/Ci4-16-2010-eng.pdf" target="_blank">Employer&#8217;s Roadmap to Hiring and Retaining Internationally Trained Workers</a> published by Citizenship and Immigration Canada is a guide for employers in small and medium-sized businesses.</p>
<p>Internationally trained workers (ITWs) can help meet your labour needs; increase your competitiveness; help develop new markets; bring fresh perspectives to your organization; and connect you with other valuable workers.</p>
<p>This Roadmap offers tips on preparing your company for a diverse workforce.  It also discusses how to find, assess and select ITWs.  Suggestions are given for the integration and retention of ITWs.</p>
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		<title>Industry Canada&#8217;s Venture Capital Monitor</title>
		<link>http://www.opl.on.ca/blog/2010/07/industry-canadas-venture-capital-monitor/</link>
		<comments>http://www.opl.on.ca/blog/2010/07/industry-canadas-venture-capital-monitor/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 15:31:19 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Industry Canada]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=768</guid>
		<description><![CDATA[July 20, 2010 Industry Canada&#8217;s Venture Capital Monitor Q1 2010 has just been released.  This quarterly publication provides current information on the venture capital (VC)  industry by tracking trends in investment activity, reporting on VC-related research and examining key technology clusters that are attracting VC investment. Of particular interest in this update is the article on [...]]]></description>
			<content:encoded><![CDATA[<p>July 20, 2010</p>
<p>Industry Canada&#8217;s <a href="http://www.sme-fdi.gc.ca/eic/site/sme_fdi-prf_pme.nsf/vwapj/VCMonitor-MoniteurCR_Q1-T12010_eng.pdf/$FILE/VCMonitor-MoniteurCR_Q1-T12010_eng.pdf" target="_blank">Venture Capital Monitor Q1 2010</a> has just been released.  This quarterly publication provides current information on the venture capital (VC)  industry by tracking trends in investment activity, reporting on VC-related research and examining key technology clusters that are attracting VC investment.</p>
<p>Of particular interest in this update is the article on entrepreneurship boot camps that provide learning opportunities for start-up technology entrepreneurs.  These bootcamps can be organized by investment forums or start-up competitions.  A list of entrepreneurship bootcamps and their contact information is included.</p>
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		<title>Family-owned Businesses</title>
		<link>http://www.opl.on.ca/blog/2010/06/family-owned-businesses/</link>
		<comments>http://www.opl.on.ca/blog/2010/06/family-owned-businesses/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 18:00:08 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Family-owned businesses]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=742</guid>
		<description><![CDATA[June 29, 2010 Family-owned businesses can offer challenges not found in non-family businesses.  According to a recent article in Business Week, 40% of family businesses are passed down to the second generation, but only 13% survive to be run by the third generation of family owners. If you are involved in a family-run business and [...]]]></description>
			<content:encoded><![CDATA[<p>June 29, 2010</p>
<p>Family-owned businesses can offer challenges not found in non-family businesses.  According to a recent article in <a href="http://www.businessweek.com/smallbiz/content/apr2010/sb2010049_806426.htm" target="_blank">Business Week</a>, 40% of family businesses are passed down to the second generation, but only 13% survive to be run by the third generation of family owners.<span id="more-742"></span></p>
<p>If you are involved in a family-run business and would like to know more about the experiences of similar businesses, many articles can be found in <a href="http://www.opl.on.ca/research/databases?cat=business and careers" target="_blank">Oakville Public Library&#8217;s online databases for business.</a>  Search <em>Business Source Premier</em> and <em>Canadian Business and Current Affairs Complete</em><strong> </strong>using the keywords &#8220;family owned businesses&#8221; for information on succession planning, how to avoid family feuds, and examples of well-run family businesses. (Note:  An OPL card is needed to access articles from home.)</p>
<p>Want to meet with other owners of family-run businesses?  The <a href="http://www.cafecanada.ca/gta/index.cfm" target="_blank">Canadian Association of  Family Enterprise (CAFE)</a> is a non-profit organization that promotes the well-being of the family in business.  CAFE holds a National Symposium every two years, providing an opportunity for members to network, discuss the trends in family businesses and hear inspiring keynote speakers.  The organization also facilitates confidential advisory groups at the local level, where business matters are discussed in an environment of trust.</p>
<p>The mission of the <a href="http://www.cffb.ca/main.php" target="_blank">Centre for Family Business</a> is to support, energize and educate family businesses.  Its seminars and workshops appeal to the interests of the entire family business, including founders, successors, key non-family members, spouses, significant others and inactive family members.  With the invitation to monthly breakfast seminars with a family business client, professional family business advisors are given opportunites for continuing education.</p>
<p>The <a href="http://209.173.247.216/default.asp?id=269" target="_blank">Family Firm Institute: Ontario Chapter</a> supports family business advisors from all disciplines, and works to increase public awareness about trends and developments in the family business and family wealth fields.</p>
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		<title>Canada Small Business Financing Program</title>
		<link>http://www.opl.on.ca/blog/2010/06/canada-small-business-financing-program-2/</link>
		<comments>http://www.opl.on.ca/blog/2010/06/canada-small-business-financing-program-2/#comments</comments>
		<pubDate>Mon, 07 Jun 2010 16:36:16 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Small Business financing]]></category>
		<category><![CDATA[Small Business Start-ups]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=691</guid>
		<description><![CDATA[June 7, 2010 The Canada Small Business Financing Program helps small businesses access loans from financial institutions by sharing the risk with the lenders.  The objectives of the program are: to help new businesses get started and established firms make improvements and expand to improve access to loans that would not otherwise be available to small businesses [...]]]></description>
			<content:encoded><![CDATA[<p>June 7, 2010</p>
<ul>
<li>The <a href="http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/home" target="_blank">Canada Small Business Financing Program</a> helps small businesses access loans from financial institutions by sharing the risk with the lenders.  The objectives of the program are:</li>
<li>to help new businesses get started and established firms make improvements and expand</li>
<li>to improve access to loans that would not otherwise be available to small businesses</li>
<li>to stimulate economic growth and create jobs for Canadians</li>
</ul>
<p>The program is delivered by specific <a href="http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la00012.html" target="_self">financial institutions.</a>  On average, small businesses have accessed about 10,000 loans worth more than $1 billion dollars each year.</p>
<p>Is your business eligible?  Most for profit small and medium size businesses in Canada with gross revenues or projected revenues of less than $5 million are eligible to apply for loans under this program.  Check out these <a href="http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la02296.html#s4" target="_blank">FAQ&#8217;s</a> for more details.</p>
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		<title>Halton Region Economic Development Q4 2009  Report</title>
		<link>http://www.opl.on.ca/blog/2010/05/halton-region-economic-development-q4-2009-report/</link>
		<comments>http://www.opl.on.ca/blog/2010/05/halton-region-economic-development-q4-2009-report/#comments</comments>
		<pubDate>Tue, 11 May 2010 18:18:54 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Economic Development]]></category>
		<category><![CDATA[Halton Region]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=665</guid>
		<description><![CDATA[May 11, 2010 Halton Region&#8217;s Economic Development Report for Q4 2009  is now available.  Some of the business news highlights are: ARCA Canada&#8217;s work in picking up and decommissioning old appliances the recognition of several Halton companies as part of the &#8220;Top 250 Canadian Technology Companies&#8221; list Halton Region&#8217;s Small Business Centre celebrates ten years [...]]]></description>
			<content:encoded><![CDATA[<p>May 11, 2010</p>
<p><a href="http://www.halton.ca/common/pages/UserFile.aspx?fileId=37932" target="_blank">Halton Region&#8217;s Economic Development Report for Q4 2009</a>  is now available.  Some of the business news highlights are:</p>
<ul>
<li>ARCA Canada&#8217;s work in picking up and decommissioning old appliances</li>
<li>the recognition of several Halton companies as part of the &#8220;Top 250 Canadian Technology Companies&#8221; list</li>
<li>Halton Region&#8217;s Small Business Centre celebrates ten years of helping entrepreneurs</li>
</ul>
<p>Along with other business highlights, the Q4 report also includes a market overview with key economic indicators and development activity summaries, industrial and housing market overviews, and Halton&#8217;s Small Business Centre quick facts.</p>
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		<title>Why Green Means (Small) Business!</title>
		<link>http://www.opl.on.ca/blog/2009/12/why-green-means-small-business/</link>
		<comments>http://www.opl.on.ca/blog/2009/12/why-green-means-small-business/#comments</comments>
		<pubDate>Tue, 08 Dec 2009 18:01:08 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Green Business]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[Sustainability]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=465</guid>
		<description><![CDATA[December 8, 2009 The United Nations Climate Change Conference is underway in Copenhagen.  Government leaders, diplomats, businesspeople and activists are gathered to determine ways to slow and eventually reduce greenhouse gases, in a effort to reverse global warming. Sustainability has been defined by the World Commission on Environment and Development as being &#8220;development that meets the needs [...]]]></description>
			<content:encoded><![CDATA[<p>December 8, 2009</p>
<p>The <a href="http://en.cop15.dk/" target="_blank">United Nations Climate Change Conference </a>is underway in Copenhagen.  Government leaders, diplomats, businesspeople and activists are gathered to determine ways to slow and eventually reduce greenhouse gases, in a effort to reverse global warming.</p>
<p><a href="http://www.un-documents.net/ocf-02.htm#I" target="_blank">Sustainability</a> has been defined by the World Commission on Environment and Development as being &#8220;development that meets the needs of the present without compromising the ability of future generations to meet their own needs.&#8221;</p>
<p> Why should small and medium-sized businesses (SMEs) be concerned with sustainability?  And how can they explore the potential of sustainablilty?<span id="more-465"></span></p>
<p>According to the Canadian Federation of Independent Business&#8217;s report <em><a href="http://www.cfib-fcei.ca/cfib-documents/rr3039.pdf" target="_blank">Achieving Eco-prosperity : SMEs’ perspectives on the environment</a></em> &#8221;sustainability is being seen as not just an extra cost of doing business, but as an opportunity to save money, or even make more money, and help the environment at the same time.&#8221;</p>
<p>Where to start?  Environment Canada and Industry Canada have collaborated on <a href="http://www.ic.gc.ca/eic/site/dir-ect.nsf/eng/h_uw00950.html" target="_blank">Clean, Lean and Green.</a>  This resource identifies the benefits of going green, how to get started, additional resources and awards and success stories.</p>
<p><a href="http://www.ec.gc.ca/EnviroZine/default.asp?lang=En&amp;n=12022373-1" target="_blank">Environment Canada</a> also promotes the opportunities to SMEs when improving environmental performance and provides related links to help SMEs get started in reducing pollution and improving their environmental footprint.</p>
<p>Many books have been published recently concerning the &#8220;greening&#8221; of business as a way to improve profits in a small business.  Check out <a href="http://opl.bibliocommons.com/item/show/652381001_the_green_business_guide" target="_blank">The Green  Business Guide</a> by Glenn Bachman; <a href="http://opl.bibliocommons.com/item/show/670047001_build_a_green_small_business" target="_blank">Build a Green Small Business </a>by Scott Cooney; and <a href="http://opl.bibliocommons.com/item/show/691790001_greening_your_small_business" target="_blank">Greening your Small Business</a> by Jennifer Kaplan.</p>
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		<title>Canada Small Business Financing Program</title>
		<link>http://www.opl.on.ca/blog/2009/11/canada-small-business-financing-program/</link>
		<comments>http://www.opl.on.ca/blog/2009/11/canada-small-business-financing-program/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 21:42:58 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=451</guid>
		<description><![CDATA[November 10, 2009 The Canada Small Business Financing Program helps small business owners with their financial needs by making it easier for small businesses to get loans from financial institutions.  Under the program, the Government of Canada shares the risk of any loan with the lenders.  Small businesses are eligible if they operate for profit [...]]]></description>
			<content:encoded><![CDATA[<p>November 10, 2009</p>
<p>The <a href="http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la02855.html" target="_blank">Canada Small Business Financing Program</a> helps small business owners with their financial needs by making it easier for small businesses to get loans from financial institutions.  Under the program, the Government of Canada shares the risk of any loan with the lenders.  Small businesses are eligible if they operate for profit in Canada, with gross revenues of $5 million or less.  Not eligible under the program are farming businesses, not-for-profit organizations, or charitable and religious organizations.</p>
<p>This program is administered through individual <a href="http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la00012.html" target="_blank">financial institutions</a>.  On average, the program offers 10.000 loans worth more than $1 billion each year.</p>
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		<title>Halton Region Q2 2009 Business Development Report</title>
		<link>http://www.opl.on.ca/blog/2009/10/halton-region-q2-2009-business-development-report/</link>
		<comments>http://www.opl.on.ca/blog/2009/10/halton-region-q2-2009-business-development-report/#comments</comments>
		<pubDate>Tue, 20 Oct 2009 14:54:04 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[Halton Region Business Development Quarterly Reports]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=436</guid>
		<description><![CDATA[October 20, 2009 Halton Region&#8217;s Q2 Business Development Report highlights business investment and economic activity. The report contains information about recent federal and provincial government infrastructure funding; new investment highlights; market overview with key economic indicators and development activity summaries; real estate market overviews; a residential development review; and a spotlight on Halton&#8217;s Information and Communication [...]]]></description>
			<content:encoded><![CDATA[<p>October 20, 2009</p>
<p><a href="http://www.halton.ca/business/documents/Halton_Business_Development_Q2_2009_Report_Final_web.pdf" target="_blank">Halton Region&#8217;s Q2 Business Development Report</a> highlights business investment and economic activity.</p>
<p>The report contains information about recent federal and provincial government infrastructure funding; new investment highlights; market overview with key economic indicators and development activity summaries; real estate market overviews; a residential development review; and a spotlight on Halton&#8217;s Information and Communication Technology sector.</p>
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		<title>Timely economic information from Canada&#8217;s major banks</title>
		<link>http://www.opl.on.ca/blog/2009/10/timely-economic-information-from-canadas-major-banks/</link>
		<comments>http://www.opl.on.ca/blog/2009/10/timely-economic-information-from-canadas-major-banks/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 16:11:25 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[American economy]]></category>
		<category><![CDATA[Canadian economy]]></category>
		<category><![CDATA[Economic indicators]]></category>
		<category><![CDATA[International economy]]></category>
		<category><![CDATA[small business]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=390</guid>
		<description><![CDATA[October 13, 2009 All of Canada&#8217;s major banks provide timely analysis and forecasts of the economy and financial markets of Canada, the United States and key international markets.  These statistics and special reports can help both business owners and investors in making decisions. TD Bank Financial Group&#8217;s latest releases include The Weekly Bottom Line, Provincial Employment [...]]]></description>
			<content:encoded><![CDATA[<p>October 13, 2009</p>
<p>All of Canada&#8217;s major banks provide timely analysis and forecasts of the economy and financial markets of Canada, the United States and key international markets.  These statistics and special reports can help both business owners and investors in making decisions.<span id="more-390"></span></p>
<p><a href="http://www.td.com/economics/" target="_blank">TD Bank Financial Group&#8217;s</a> latest releases include <a href="http://www.td.com/economics/weekly/oct909.pdf" target="_blank">The Weekly Bottom Line</a>, <a href="http://www.td.com/economics/comment/emp1009_monitor.pdf" target="_blank">Provincial Employment Monitor</a> and <a href="http://www.td.com/economics/comment/pg100809_housing.pdf" target="_blank">Canadian Housing Starts Commentary</a>.  One of TD Economics recent special reports is <a href="http://www.td.com/economics/special/dp0909_hst.pdf" target="_blank">The Impact of Sales Tax Harmonization in Ontario and B.C. on Canadian Inflation</a>.  TD Canada Trust offers an<a href="http://www.tdcanadatrust.com/custserv/rss.jsp" target="_blank"> RSS subscription</a> to TD Economics updates and TD Canada Trust Rates.</p>
<p><a href="http://scotiabank.com/cda/content/0,1608,CID8339_LIDen,00.html" target="_blank">Scotiabank&#8217;s</a> recent publications include <a href="http://www.scotiacapital.com/English/bns_econ/bnsmt.pdf" target="_blank">Weekly Trends</a> and <a href="http://www.scotiacapital.com/English/bns_econ/forecast.pdf" target="_blank">Global Forecast Update</a>.  In <a href="http://www.scotiacapital.com/English/bns_econ/econdir.pdf" target="_blank">Economic Directions,</a> Scotiabank&#8217;s Chief Economist Warren Jestin provides insights into emerging financial and economic trends.  Scotiabank has provided links to such social bookmarking sites as Facebook and del.icio.us to allow readers to tag and save reports.</p>
<p><a href="http://www.bmonesbittburns.com/Economics/" target="_blank">BMO Capital Market&#8217;s</a> homepage highlights its recent releases, upcoming presentations and reports to be issued in the week ahead.  Also featured is Chief Economist Dr. Sherry Cooper&#8217;s Quarterly Report webcast.  The current <a href="http://www.bmonesbittburns.com/economics/outlook/20091006/nao.pdf" target="_blank">North American Outlook,</a> entitled &#8220;The Hockey Stick Recovery&#8221; sees North America as being &#8220;early in the first period of the recovery game.&#8221;</p>
<p><a href="http://research.cibcwm.com/res/Eco/EcoResearch.html" target="_blank">CIBC&#8217;s</a> Economics &amp; Strategy page includes current analysis in its <a href="http://research.cibcwm.com/res/Eco/ArEcoMI.html" target="_blank">Economic Insights</a> and <a href="http://research.cibcwm.com/res/Eco/ArEcoWAF.html" target="_blank">The Week Ahead</a> publications.  Of interest to small business owners is the current <a href="http://research.cibcwm.com/economic_public/download/sb-20091005.pdf" target="_blank">Small Business Report:  Bruised but not battered</a>, which indicates that Canadian small- and medium-sized businesses have not only endured the recession with less damage, but have actually outperformed their larger peers.</p>
<p><a href="http://www.rbc.com/economics/index.html" target="_blank">RBC&#8217;s </a>Economic Research page provides market updates and forecast reports for Canada, the United States and key foreign markets.  In its <a href="http://www.rbc.com/economics/market/daily_e.html" target="_blank">Daily Market Update</a>, RBC&#8217;s economists review each day&#8217;s economic data releases for Canada  and the United States.  RBC offers free e-mail subscriptions for a number of its publications to RBC clients.</p>
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		<title>Small Business e-Learning Tools</title>
		<link>http://www.opl.on.ca/blog/2009/09/small-business-e-learning-tools/</link>
		<comments>http://www.opl.on.ca/blog/2009/09/small-business-e-learning-tools/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 23:43:57 +0000</pubDate>
		<dc:creator>cburke</dc:creator>
				<category><![CDATA[Small Business Smarts]]></category>
		<category><![CDATA[e-Learning]]></category>
		<category><![CDATA[Halton Region]]></category>
		<category><![CDATA[Halton Region Business Development Centre]]></category>

		<guid isPermaLink="false">http://www.opl.on.ca/blog/?p=363</guid>
		<description><![CDATA[September 21, 2009 Need to register your business name?  Not sure which permits, licenses or taxes you need for your business?  Halton Region&#8217;s Business Development Centre offers Small Business e-Learning Tools that will lead you through some of the questions you may have when starting a new business.  Also included is a video tour of the Centre, [...]]]></description>
			<content:encoded><![CDATA[<p>September 21, 2009</p>
<p>Need to register your business name?  Not sure which permits, licenses or taxes you need for your business?  Halton Region&#8217;s Business Development Centre offers <a href="http://www.halton.ca/business/small_business_entrepreneurs/E-Learning.htm#Searching_and_Registering_a_Business_Name" target="_blank">Small Business e-Learning Tools</a> that will lead you through some of the questions you may have when starting a new business.  Also included is a video tour of the Centre, featuring the resources, programs and services it offers for entrepreneurs and small business owners.</p>
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