Thursday, 20 October 2016

WASBEC is a Woodstock office assisting small businesses

Starting up a new enterprise or expanding your current small company?

Seminars, network breakfasts, guest speakers and great advice for entrepreneurs

By Mark Schadenberg
A service club such as the Lions is a great way of networking and at the same time take an active part in volunteering in your community.
As a small business owner – a Realtor – networking is an important facet of the job as it’s all about visibility, meeting new people, chatting with old friends and previous clients, and thereby connecting for possible real estate leads.
If you’re in insurance, car sales, or even own a restaurant or catering business, you should be busy marketing.
There are many other places to add to your list of contacts, including you children’s activities, joining a fitness club or simply attending a local event.


One of my favourite networking destinations is the Woodstock & Area Small Business Enterprise Centre (WASBEC), which twice monthly hosts a networking breakfast (8:30 a.m.) at the Quality Suites & Hotel (Ody’s Restaurant). For the city’s small business centre, the breakfast gathering is also an ideal venue for them to promote their upcoming programs and seminars.


For those who are independent contractors or owners of an upstart business it’s a great vehicle to promote your services. This month, the group included travel agents, an accountant, a yoga instructor, a home renovator, mortgage specialist, marketing experts, a moving company, hair styling school, small printing and promotional companies, a homoeopathic practitioner and the new publisher of the Coffee News in the Woodstock area in Kathy Eller (519 532-0762 or Email: Kathy@ourcoffeenews.com) I’ve known Kathy since my days as sports editor of The Sentinel-Review and I would say her new career is a great match. There is a plug and some networking.
As for the home renovator, I would recommend Aftermath Contracting (519 290-2616) and its owner Bruce Winter to anyone. It’s an odd name for a contractor, but he specializes in fixing up rental units and completing small tasks like painting and drywall. I’ve talked to Bruce on a few occasions and he’s assisted with a real estate client, so I truly believe you wouldn’t be disappointed in calling him. 
See, there you go. I just promoted someone I met at a networking breakfast.
Juanita Scott and Christine Smith operate the centre at its office at 453 Dundas Street. (519 421-2129)
Juanita Scott

If you’re considering a business idea locally, stop by their office to learn about entrepreneurship and some possible grants available for start-up companies. In Ontario, a youth business (up to 29 years old) can apply for grants, and WASBEC can assist you in the process.
How do you register or obtain a permit or licence for a new company? What is a numbered company?
Don’t ask me, talk to WASBEC.
What are the rules for a home business? Many communities have different policies.
The WASBEC services are always confidential and it’s more about direction and consultation, their advice also covers employment and hiring procedures, ideas on expanding a company, understanding what a sole proprietorship is, drawing up a business plan and cash flow projections, deciphering how franchises work, marketing and advertising tips, innovation (patents, trademarks, and copyrights), applying for business loans and knowing about collateral, and ideas on bookkeeping and expenses you will incur such as insurance.
They also have a business start-up kit available.
Christine Smith

Should you buy an existing business?
Don’t ask me as the proper advice and pitfalls to consider are answers to questions you may as Juanita and Christine.
WASBEC is not the Chamber of Commerce of the BIA office – it offers more services and business information for business people outside of the BIA geographical area.
Juanita and Christine will also direct you to other networking groups which are available, and are thereby a resource for your business needs such as contact with lawyers, accountants, and city and county staff.

       


LINKS:




Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
Independently Owned & Operated, Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

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