January and February Business Tips

January’s Business Tip

7 Ideas to Cut your Payroll Costs

  • Consider using contractors, who can cost less than full-time employees?
  • Consider intern/co-op/work experience staffing and students. They might require some ramp-up time, and you’ll be expected to mentor them, but you’re also growing new team members at a reduced cost.
  • Apply for Work-Sharing Opportunities through Services Canada.
  • Let employees work from home if it saves on utilities or space.
  • Explore alternative work arrangements, such as job sharing.
  • Consider a shorter work week.
  • Have a pay or bonus structure review.

February’s Business Tip

NETWORKING – 4 ways to make it work for you!

1.       Keep in mind that networking is about being genuine and authentic, building trust and relationships, and seeing how you can help others.
2.       Ask yourself what your goals are in participating in networking meetings so that you will pick groups that will help you get what you are looking for. Some meetings are based more on learning, making contacts, and/or volunteering rather than on strictly making business connections.
 
3.    Visit as many groups as possible that spark your interest. Notice the tone and attitude of the group. Do the people sound supportive of one another? Does the leadership appear competent? Many groups will allow you to visit two times before joining
4.   Hold volunteer positions in organizations. This is a great way to stay visible and give back to the groups that have helped you.