ACE Celebrates Small Businesses!

ACE Celebrates Small Businesses!

By Nancy Fornasiero

October is Small Business Month in Ontario. At ACE Coworking, we like to use it as a time to both look forward to the opportunities that are in front of our company and look back on the successes and challenges we have experienced. One of the best parts of operating a coworking space is that we can amplify this by leaning on the experiences of our members too.

Entrepreneurship can be a lonely road to travel sometimes, but you don’t have to do it alone (and you certainly shouldn’t). A little advice and support can go a long way to helping you travel the steep mountains and deep valleys on the road to being your own boss.

This year, we asked some of our entrepreneur-members a simple but powerful question: “What do you wish you knew when you were just starting your business that you do know now?” We got some valuable feedback and hopefully their answers can help you and your business, even if you are not in start-up.

From Katherine Vellinga, CEO, Zirkova Vodka

 “You can’t plan for everything. I now realize that some of my biggest opportunities have come from the most unlikely places.”

 From Shez Mehra, owner, The 194 Group

“At the outset I didn’t understand that solutions to business problems require looking a little deeper. Whatever is on the surface isn’t usually the real problem.”

From Ravi Kulkarni, principal, RKCS

“When talking to prospective clients I wish I’d known to get to the answer quicker. Too often a lot of time and effort was spent in the sales cycle when the answer was always going to be a “no” anyway. Coming to that realization sooner would have allow me more time to properly strategize as well as allocate our time and resources more efficiently.”

From Gail Kaufman, independent consultant (J Gail Kaufman Advisory & Consulting)

“Being in totally uncharted territory is okay. And feeling that you don’t know exactly what you’re doing is okay. Part of the journey is to just keep putting one foot in front of the other.”

From Moatassem Moatez, CEO & Founder MyCourier

“Business doesn’t move in a straight line, so don’t make the mistake of getting married to your plan. Also, something I’ve learned along the way is the importance of reframing obstacles. Even the biggest problems sometimes lead to solutions and opportunities that can help you.”

From Jon Root, Creative Director & Founder, Look Local Magazine and Treehouse Creative Agency

“Believe that when you really go ‘all in’ you will find a way to meet every challenge. The hard work is worth it and, in the end, it will pay off.”

If you’d like to get more inspiration and education from the staff and partners of ACE Coworking, sign up for our monthly newsletter. You’ll also stay up to date on the events we run and the amazing promotions we often offer!

Oakville Small Business Owners: Best Resources

Oakville Small Business Owners: Best Resources

It’s Small Business Week: always a good time to reflect on how we operate as a local small biz in Oakville, how we can improve on delivering our service, and how we can help other companies deliver theirs…

Looking back to when we first opened our doors in January 2018, and reflecting on our journey since then, we feel incredibly fortunate to have had the support of many local organizations that have provided us with help, support, and encouragement. Really, we couldn’t have done it without drawing on the larger community of local entrepreneurs, and both the public and private organizations in Oakville whose aim it is to see small business succeed.

Entrepreneurship can be a lonely career path but it doesn’t have to be. If you’re running a small business, or thinking about jumping into the world of entrepreneurship, get to know these organizations and especially the committed people working in them. They are there to support the small business sector in our area and can be the difference between your business being a success or a failure.

LOCAL BIA

If you’re lucky enough to be located in a “Business Improvement Area,” your BIA office is a must-get-to-know. BIAs work to collaborate, extend market reach, and connect their members to one another. There are three BIAs in Oakville – Downtown, Bronte and Kerr Village – and they’re all awesome.

HALTON SMALL BUSINESS CENTRE

The Halton SBC is a treasure trove of supports for entrepreneurs. They run many learning programs to increase your technical and strategic business skills. “You get what you pay for” is often true – but in this case it’s not. The programming at the Small Business Centre is both low-cost (or free) and excellent.

BUSINESS DEVELOPMENT BANK OF CANADA (BDC)

BDC offers various financing and funding options to small and medium-sized companies. They’re also a great source for strategic advice. We’ve had the chnace to partner with BDC to bring educational programs to our members, and they’ve always been a super informative resource.

DIGITAL MAIN ST

Digital Main St. is a grant program offered by the province of Ontario to support small businesses to incorporate digital assets into their business operations. They also offer useful free webinars. This has been a fantastic resource for ACE as we have continued to digitize more and more of our operational and marketing functions, especially this past year.

LOCAL ELECTED OFFICIALS

Both MP Anita Anand, and MPP Stephen Crawford have been supportive of our efforts to start a new business here in Oakville (especially during the pandemic). We have found their offices to be very responsive to our requests. Your local members of parliament want to help you and see you succeed. Don’t avoid reaching out for help when you need it. And while you’re at it, get to know your local Municipal Councillors – ours have been amazing cheerleaders as well as go-to experts on many local issues that affect our business.

CFIB

Canadian Federation of Independent Businesses is a membership-based organization that advocates for all independently-owned businesses in Canada. They are the voice of small business and work to influence government to understand our needs. They also have many resources you can tap to support your company.

OAKVILLE CHAMBER OF COMMERCE

Last but not least, this organization led by a superb team of dedicated professionals, helps hundreds of local small businesses owners connect, learn, grow, and succeed. There are membership fees to join, but with over 70 annual events to participate in, and an extraordinarily supportive culture, it’s well worth the investment. More about the Chamber here.

If you’d like to get more inspiration and education from the staff and partners of ACE Coworking, sign up for our monthly newsletter. You’ll also stay up to date on the events we run and the amazing promotions we often offer!