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Financial Forecast 2012

Issue - 2012 - Forecasting the Year in Business
Despite economic uncertainty that foreshadows 2012, entrepreneurs can take solace in the fact that at least one financial institution, RBC, is still aggressively seeking more clients. Mike Michell, RBC’s national director for small business, is bullish about the coming year – and the resiliency of small business
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Small Business Outlook 2012

Issue - 2012 - Forecasting the Year in Business
Tax and regulatory burdens will be among the biggest challenges for BC small businesses in 2012, according to Laura Jones, the Canadian Federation of Independent Business’s senior VP of research and economics for western Canada. According to Jones, the silver lining of the 2008 recession was that it forced companies to streamline and innovate – another rough patch this year, however, may be difficult for many already emaciated companies to overcome
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Victoria's Secrets

Issue - 2012 - Forecasting the Year in Business
The BC government has a plethora of new and existing initiatives to support small business. From grants to resources, Make it Business reveals opportunities that can save you thousands of dollars
By Melanie Jackson
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The Angel – Thierry LeVasseur and nQbatr

Issue - Six Pack of Success
Serial entrepreneur Thierry LeVasseur wants to give away money – with a catch. His latest project, nQbatr, seeks to redefine the way business incubators work. Instead of courting geeks, he’s looking for seasoned business minds who’ve spotted a hidden need and require a technological kick-start. Instead of providing just cash, this angel investor has assembled 20 C-level executives to provide mentoring and support.
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The Do-Gooder – Barry Stecyk of HevyD's Old Fashioned Kettle Korn

Issue - Six Pack of Success
Doing the right thing has propelled Barry Stecyk’s HevyD’s Old Fashioned Kettle Korn to exponential growth, helped launch a second music promotion business, and keeps him busy 16 hours a day. Doing the right thing, plus some very saavy cross-marketing.
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The Healers – Brio Integrative Health Centre

Issue - Six Pack of Success
Dr. Jeffrey Lee and Dr. Neetu Dhiman have big plans for Brio Integrative Health Centre to create greater awareness for naturopathy and alternative medicine. Beyond that, Dr. Lee's H.E.R.O.'s Business Solutions plans to be the go-to place for those practitioners to get business training.
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The Data Diva – Johanna Mustapic of Triage Data Solutions

Issue - Six Pack of Success
Johanna Mustapic never set out to start a business, but 11 years later, Triage Data Solutions is one of the top document management companies in BC
By Franka Cordua-von Specht
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The Family Man – Chuck Gandy of Gandy Installations

Issue - Six Pack of Success
Chuck Gandy (centre), flanked by his father Charlie and son, Taylor, have grown the family business for 54 years
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The Late Bloomer – Ilse Phillips of Ambrosia Gift Baskets

Issue - Six Pack of Success
Isle Phillips spent the past 27 years as a health-care worker. Today she’s taken the scary leap into her next career as an entrepreneur with Ambrosia Gift Baskets
By Franka Cordua-von Specht
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A Plan to Succeed

Issue - The "How-To" Issue
In less than two years, Business Plans Canada’s Celeste Lozano (L) and Adrian Rudzikas (R) have helped more than 250 clients raise $750 million in financing. Rick Francoeur (C) of 360 Fabrication sought them out to help secure $2 million to purchase the new home for their successful custom auto shop – 22,000 square feet later, Francouer is set to grow
By Noa Glouberman
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How to: Write and awesome business plan

Issue - The "How-To" Issue
MAN (AND WOMAN) WITH A PLAN: Celeste Lozano and husband Adrian Rudzikas and their team have written more than 250 successful business plans. Here are their Business Plans Canada tips for writing a plan that will help you succeed
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FROGBOX: On the Path to Greatness

Issue - Building a Great Business
Three years ago FROGBOX founder Doug Burgoyne said goodbye to a regular payday and a comfortable telecom job to take a chance on a dream. Today – with offices in Vancouver, Toronto and Seattle – he’s on the path to building a great business.
By Noa Glouberman
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Robert's Rules

Issue - Building a Great Business
Since 1982 The Great Little Box Company has been climbing its way to the summit of great BC companies. It has gained regional and national recognition as a well-managed company and a great place to work.
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Inspecting the Franchise Option

Issue - Inspecting the Franchise Option
Dave Williams was tired of spending time away from his family so the former salesman wanted to start his own business. After much research he became the master franchisor for A Buyer's Choice Home Inspection in BC.
By Christina Newberry
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Untangling the Franchise Question

Issue - Inspecting the Franchise Option
Grant Bullington is an expert who helps entrepreneurs find the right franchise. As the head of FranNet.com’s BC operations, Bullington consults with aspiring franchisees (at no charge) to help them through the franchise process. In this interview he shares his insights on the pros and cons of franchising and whether it’s for you.
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Trademarks position your brand for success

Issue - Inspecting the Franchise Option
Tanya Reitzel of Coastal Trademarks (a trademarking agent) has shepherded many businesses through the process of registering their marks. Reitzel has helped franchisor Garry Tynan register a dozen marks for Curb-Ease. If you’re planning on franchising your business, it’s one of the first steps you need to take to protect your brand and intellectual property, she says.
By Christina Newberry
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TigerTel boosts business by helping others save money

Issue - The Power of Thrift
Through the magic of thrift, Mary Anne Straw of TigerTel has helped free Shawn Venne and his building managers from being tied up by phone calls. In the process the New Chelsea Society will save $12,000 this year, have better morale and happier tenants. Read how they did it.
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These businesses serving up B-to-B bargains

Issue - The Power of Thrift
Futech has been in Richmond for 15 years helping retail businesses get started with fixtures, store signs and all things retailing.
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SmarttNet’s 5 steps to social media success

Issue - Social Media
By Martin Wong of SmarttNet
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The Opportunist: David Bhimji & David Holmes

Issue - Focus on Young Entrepreneurs
In business you don’t get paid for degree of difficulty, but try telling that to David Bhimji and David Holmes. With neither having a technology background, the duo has grown Digital Hospitality exponentially from zero to 15 full-time programmers to dominate the two-and-three diamond hotels on the West Coast and are now moving aggressively into the US. For an encore, why not start a transportation company?
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Small Business Tip

Don’t Cut Your Marketing Budget in a Recession

Perhaps the most widely ignored recession survival "rule," is to not cut back on marketing efforts. A McGraw Hill study done during the early 1980s recession divided firms into those that continued to spend on advertising versus those that cut back. Researchers found companies that continued to spend doubled their sales and profits. Those that cut back lost about 20 percent of sales and profits. The most dramatic gains came in the first two years of the recovery when businesses that had continued to spend enjoyed sales and profit growth of 273 percent. Those non-spenders, they had 20 percent growth in sales and profit after five years compared to 1980.

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