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Canadian Business May Be Shut Down: Sources #business #careers


#canadian business magazine

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Canadian Business May Be Shut Down: Sources

Canadian Business, the country’s oldest publication of its kind, may be on the verge of closing its doors after 87 years.

Rogers Media Inc. which owns Canadian Business, is looking at shuttering the publication, several company sources told The Huffington Post Canada.

Canadian Business is losing subscribers and “there is no money to be had,” Phil Lind, the vice-chairman of the board at Rogers Communications told HuffPost on Monday.

The company’s venture into Texture, the re-named magazine ap p first launched as Next Issue, hasn’t been as profitable as expected, he added, and Rogers’ television stations are also struggling.

Maclean’s Magazine — Rogers’ national current affairs publication — is “not yet” on the chopping block, Lind said.

Rumours of Maclean’s demise have been percolating for over a decade. “It could be a year away, or it could be five years away,” another source said.

Last month, Rogers announced it was slashing approximately 200 jobs. or four per cent of its workforce. Pink slips in conventional television, radio, publishing and back-office positions are already going out the door, and more are expected to follow.

In a memo to staff. Rogers cited a “softening advertising market, fierce competition from global players, and shifting audience consumption habits” among its reasons for reducing headcount.

“This was not an easy decision, but it was right for our business long-term,” the memo read. “While difficult, these changes are essential to delivering on our Rogers 3.0 plan and to position us for continued success and future growth while helping us effectively manage costs.”

It’s unclear whether the company will seek a new buyer for Canadian Business or will “run the publication into the ground,” as another executive put it.

“We do not comment on rumours or speculation.”

Canadian Business editor-in-chief James Cowan expressed surprise when first contacted two weeks ago about his magazine’s future. Cowan said he had not heard any talk about “shuttering” the publication.

In an unsolicited email, Rogers Media’s senior director of communications Andrea Goldstein wrote: “We do not comment on rumours or speculation.”

On Tuesday, Goldstein said “there are no plans at this time” to close any of Rogers’ 57 publications.

Canadian Business is a multiple award-winning magazine. With a posted circulation of 85,027, Rogers says the outlet has approximately 335,000 unique visitors monthly — a count that refers to the number of times a device, app, smartphone or desktop, visits the publication online.

Founded in Montreal in 1928 as the official newsletter of the Canadian Chamber of Commerce, Canadian Business became available to the general public two years later. Two ownership changes later, Rogers took over the publication when it made a hostile takeover bid for Maclean Hunter in 1994. At the time, writer George Garneau noted that analysts predicted the company’s newspaper and magazine holdings were likely candidates for sale “because of their poor financial performance.”

The cuts at Rogers were just the latest in a wave of bad news on the Canadian media front. Several publications closed or announced staff layoffs in recent weeks.

The Guelph Mercury ended its 149-year-old print edition, laying off 23 full-time and three part-time employees on Jan. 29. That same day, the 141-year-old Nanaimo Daily News also closed its doors.

On Jan. 19, Canada’s largest newspaper chain Postmedia announced it was eliminating 90 newsroom positions across the country.


Postmedia CEO Paul Godfrey recently announced layoffs across Canada. (Andrew Francis Wallace/Toronto Star via Getty Images)

A memo from Postmedia CEO Paul Godfrey said the company was consolidating newsrooms between its broadsheet newspapers and Sun Media tabloids in Ottawa, Edmonton, Calgary and Vancouver, and merging sports coverage to help find at least $80 million in savings before the end of fiscal 2017.

Reporters would be writing in an “agnostic” voice, Godfrey said and a new “rewrite” desk will be charged with editing stories to have the “right voice” for specific brands and platforms.

“We will continue to operate our broadsheet newspapers and our tabloid newspapers in their current formats and with the features and focus that our readers have come to expect from their favourite news brands,” read the memo.

Last year, Bell Media cut hundreds of its local news employees mostly in Toronto and Montreal despite announcing it had made a slight profit in a recent quarter.

— With files from Zi-Ann Lum


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5 Small Business Magazines You Need to Be Reading #online #business #ideas


#small business magazine

#

5 Must-Read Magazines for Your Small Business

You may be asking yourself, why am I soliciting print advice from a digital marketing resource center? Well, we at Get Busy Media find value in content that helps small businesses solve problems and grow; regardless of how and in what format this content is packaged. Today we’re going to take you through our five favorite small business magazines and why you, as a business owner, need to be consulting these resources.

Here are our top 5 small business magazines (and their tablet companions) :

1. Inc.

Inc. is the veritable bible for small business owners. If you were stuck on a desert island selling widgets and had only one magazine to consult from, I would recommend Inc hands down. This magazine is chock-full of amazing statistics, case studies, interviews and reviews about small business owners and startups who have found success and why. Too many young readers today are inundated with stories of successful tech startups. Rest assured that Inc. will provide you with a wide variety of successful small business stories. They will provide you with stories of why learning to tell jokes is good for business to a who’s who of crowdfunding platforms and which ones small businesses should leverage depending on their specific needs.

  • Get Real by Jason Fried – co-founder of 37 Signals (software company that created Basecamp) and author of Rework pens this column that normally appears between pages 35 and 40
  • Crunching the Numbers – I love the charts and graphs that are included in this section. For instance, did you know that the cities that experienced the greatest increase in the number of jobs at companies with fewer than 100 employees from August 10 to August 11 were Orlando, Atlanta and Greensboro, North Carolina (who would have guessed these cities?)
  • Tech Trends­­ – John Brandon does a great job with this column. He reviews all the latest gadgets and new technology that make your life as a small business owner easier.

iPad app: Appears that as of February, 2012 Inc. does not have an iPad app based on my extensive searches in the App. store that returned no results for this magazine.

2. Entrepreneur

Entrepreneur magazine is a must have for anyone looking to start a small business. Entrepreneur’s target is more narrowly focused than Inc’s but that’s what makes it so great. Within this magazine you will find every pain point imaginable to starting and running a profitable business (economy, work/life balance issues, co-founder discord, death of a co-founder, production issues, supply chain problems, to name just a few). You will find articles ranging from how a 14-year old kid started his own candle company based on manly scents (fresh cut grass, steak and wood chips, to name a few) to how two guys pivoted and turned their failing lifestyle website into a flash deals site and made a profit in the first month.

  • Lead Gen ­– Ann Handley, Chief Content Officer of MarketingProfs.com and Co-Author of Content Rules authors this column that speaks to the power of great content and how to reach your customers through online content.
  • Linked – Chris Brogan. Founder of Human Business Works and co-author of Trust Agents is one of the preeminent experts in relationship and digital marketing. If you have enough time to read only one column in this magazine each month, read his.

iPad app: This app needs some work. When you zoom in to read on the iPad, the text becomes difficult to read. The abundance of ads on this app is also bothersome and takes away from the overall experience.

Cost. Free (comes with Entrepreneur print subscription)

3. Fast Company

Of the three magazines we have reviewed thus far, Fast Company is certainly the edgiest and hippest. To be honest, there’s a reason why this publication is #3 on the list behind Inc and Entrepreneur. A salient example for those who like sports, is that Fast Company is to ESPN The Magazine what Inc. is to Sports Illustrated. SI is the preeminent resource in sports journalism in the United States, much as Inc. is widely regarded as the benchmark for publications for small businesses and startups. ESPN the Magazine on the other hand is flashy, heavy on images and graphics and appeals to a hipper, younger generation than Sports Illustrated. By no means is this a bad thing, but I felt that I should use this example to illustrate the difference between Fast Company and their approach versus Inc.’s approach.

One aspect of Fast Company that I enjoy much more than the previous two publications on this list is their long form feature stories. Fast Company’s featured stories tend to be much more content-rich and just plain longer in general than its counterparts. I love that I can sit down and read one of these stories and am captivated for 20 minutes.

  • Tech Edge­ – authored by Farhad Manjoo, this column is very similar to Tech Trends in Inc. just with a little more irreverence.

iPad app: Appears that as of February, 2012 Fast Company does not have an iPad app based on my extensive searches in the App. store that returned no results for this magazine.

4. Wired

Wired is an incredible magazine. I don’t care who you are, this magazine is always, always visually stunning and filled with incredible content about science and technology. There is no doubt in my mind that Chris Anderson, Editor-in-Chief of Wired. sits down with all departments within the company to ensure that design, content and layout all flow and play nice together. While this magazine tends to be very science and tech heavy, there are amazing pieces of information here that are applicable to small businesses, especially those who are progressive and technology-oriented.

  • Dear Mr. Know-it-all – this is an awesome column where Mr. Know it All fields questions from those looking to navigate their issues in the 21st century. Some questions may surprise you, but you’ll find the answers even more interesting.
  • Test – they test everything from Universal remotes to solar charges to ultrabooks – very neat column.

iPad app – amazing layout (which is par for the course for Wired) but loading the iPad edition by my count takes between 6 and 8 minutes (depending on the length of the issue), which in my opinion is tired not wired.

Cost. Free (comes with Wired print subscription)

5. Bloomberg Businessweek

Bloomberg Businessweek is obviously a behemoth in the business and financial news sector. While this periodical isn’t tailored specifically for small businesses and startups, there’s a ton of information you can cull from Bloomberg. The great thing about Bloomberg is that it’s laid out in a format that is easy-to-read and digestible. A few sections I particularly enjoy are the Technology and Companies and Industries sections. Both contain information that is pertinent for small businesses.

iPad app – I haven’t played around much with the app on my iPad but from my limited experience, this seems like another great app for the iPad

Cost. Free (comes with Bloomberg print subscription)

What do you think of my list of the top small business magazines? Who did I miss? Do you disagree with any of my choices? We would love to hear your thoughts. Please leave your thoughts in the Comments section below.

About Jim Armstrong

Jim Armstrong is the Co-Founder of Get Busy Media and a paid search specialist. Since 2008, Jim has built his knowledge around emerging media and leveraged several experiences to develop a keen understanding of internet marketing. His core competencies include search marketing, SEO, email marketing, social media marketing and online reputation management. Jim currently works for Google, as an account manager. When not diving headfirst into his next project, Jim enjoys spending time with his family, fishing and writing. Jim on Google+

Comments

I love Forbes online and have followed some of their contributors in particular.


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Why Alternative Financing Options Might Be Best for Your Small Business #women #in #business


#business financing options

#

Why Alternative Financing Options Might Be Best for Your Small Business

The small business financing landscape is continually changing, with more options available to business owners than ever before. About half to two-thirds of these businesses seek financing from a number of places, from owner investments to non-bank sources. As small businesses continue to face challenges when it comes to gaining access to capital and taking advantage of opportunities to grow, it s important that they re seeking the right type of financing for their particular needs. There s been a lot of focus on alternative lending recently, but how do small business owners know when this is the right option to pursue?

One of the most obvious and common answers is that businesses seek financing when they re faced with an unexpected opportunity or challenge that requires quick capital. In my early years as a restaurateur, I built a chain of casual dining restaurants that saw strong growth, solid revenue and profitability. We had all the right elements, but excess cash wasn t one of them. When I was presented with the opportunity to purchase the ideal property for a new location, there was only one issue — I needed $250,000. I was able to get the money quickly from an alternative lender, and I saw the power in this financing option.

In my case and in the experiences of many others, this access to capital provided me the freedom and flexibility to take advantage of a deal that allowed my business to grow. I learned firsthand that when opportunities like these are handled properly, the benefits can be enormous.

Most of the time, small businesses don t have the cash on reserve or an established line of credit that enables them to withdraw the necessary funds for these types of opportunities. Alternative sources of lending help fill that void by giving business owners access, availability and speed. The reality is that traditional banks aren t equipped to do this — and it isn t profitable for them to provide loans of under $200,000.

So what are other situations small businesses often face that may benefit from an alternative source of financing? Check them out:

  • Purchasing discounted inventory, raw material or new equipment at a can t-miss price, such as a restaurant looking to make opportunistic purchases of wine during the holidays or a wholesaler in need of additional warehouse space and forklifts
  • Buying out a partner or to avoid taking on a partner who will own a chunk of the business and profits for life
  • Expanding to new locations
  • Harsh weather that forces a business to close days on end
  • Fluctuations in the economy that impact the bottom line
  • Unexpected occurrences that put pressure on cash flow and require an immediate influx of working capital, such as a refrigerator that stops working in a restaurant or a farmer needing to process the harvest

To determine what type of financing makes sense for your business and situation, you must consider what exactly needs to be funded and the timing. Alternative lending helps provide flexibility of repayment and offers creative options, including small daily payments that fluctuate with sales volume. It s also important for small business owners to understand the rates associated with choosing an alternative lender. This type of financing is more costly than a traditional bank loan because these companies act as liaisons, borrow capital from other financial institutions and guarantee the payment. Essentially, they absorb the risk and the losses when a client defaults. This is also further emphasized when taking into consideration that an application can be underwritten and approved in hours instead of weeks with a bank.

Whether you re a restaurant, retailer or medical practice, examining your situation closely will help determine the best financing option. Gaining access to capital can be the deciding factor in whether or not a small business grows or survives, so choose wisely when it comes to funding.


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Your business website may be hurting your company #business #search


#business website

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The Best Webite Design Company in Nigeria

With today’s mad rush by every company to get a business website, it is wise to advise companies about the fact that creating a website for your business may be essentially damaging your company’s reputation.

Why? How? You may ask

Did you know that if your business website is dormant, visitors (that is if you even have any visitors at all) may erroneously believe that your company must have become dormant as well. Maybe that is why the last update on your business’ official website is 1 and half years old. Trust me nothing could present you as being unserious with your business as this. Especially if your company is the type that requires frequent update like schools, hotels, religious organizations (like churches), etc.

For example, if you retail clothing and accessories, how do you explain to your potential customers online that the exact products displayed in your online business website 1 year ago are still the same products that are still in your store today. Don’t you think it would be safe to assume that you are no longer in business?

Or how would you expect me to believe you are still in business when I send you an email via the address on your business website and I get no response from your company after 1 month. This is very common with Nigerian company websites.

What most companies do not understand is that the internet is a very dynamic world and it is either you change and adapt or you die and get forgotten.

In conclusion, I would like to advise companies that if they must own a website for business, they must be willing to establish a department for managing their online presence or simply outsource that service to a professional web and social media management consultant.


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Be a neighborhood champion – Shop Small® – American Express, Small Business Saturday #cool

#small business saturday

#

BRING THE DAY HOME

Looking for ideas on how you can get your community involved in your Small Business Saturday celebration? Download our Event Guides inspired by past Neighborhood Champions.

WELCOME STATION: INSPIRED BY HUTCHINSON AREA
CHAMBER OF COMMERCE & TOURISM, MN

The Hutchinson Area Chamber of Commerce & Tourism gave everyone a game plan for getting the most out of the day with fun treats along the way. Make Shop Small® Welcome Station shoppers’ first stop of the day! How They Did It

Includes:

Poster, Customizable Flyers, Social Posts

NIGHT OUT: INSPIRED BY THE PARTNERS FOR PROGRESS, NY

This downtown association helped make Small Business Saturday night just as big as the day. This year, help your neighborhood continue to celebrate small business into the night. How They Did It

Includes:

Poster, Table Tent, Social Posts

#SHOPSMALL SELFIE: INSPIRED BY CITY OF DOUGLAS MAIN STREET MERCHANT ASSOCIATION, GA

This association organized a Selfie Event that let people show support for small businesses with more than a purchase. Get one going in your neighborhood. How They Did It

Includes:

Signage, Social Posts

SCAVENGER HUNT: INSPIRED BY BELAIR-EDISON NEIGHBORHOODS, INC. MD

This organization encouraged people to visit more local small businesses by creating a Scavenger Hunt on the day. Set the course for one in your neighborhood. How They Did It

Includes:

Blank Map, Signage, Social Posts


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Home based business ideas in India be it part time or full time #best

#home based business ideas

#

Home Based Business Ideas

Home-based businesses have become very popular these days. Thanks to the rising cost of setting up full-time businesses! The added advantage of any

home-based business is that the whole affair can be done from the comfort of one’s home. Working from home also implies that whatever one earns is a bonus. Home-based businesses have nowadays become highly preferred options for urban, educated housewives as well as retirees who are looking for fresh avenues from where they can keep on earning money.

List of Home-Based Business Ideas

Accountancy

Accountancy is one job that any accountant who possesses necessary experience and requisite license and training can do from home. An accountant can start his/her business by making a flier that details the list of the various services rendered by him/her along with the respective quotations. To be on a safer side, an accountant may begin by providing bookkeeping services for smaller business houses with lesser operations and subsequently, when he/she gets to know the tricks of the trade, they can take on elaborate accounting projects..

Generally, the work of an accountant entails:

  • Balance Sheets
  • Financial Reports
  • Income Statements

These can be done monthly, quarterly, half-yearly or yearly. However, the timing is normally determined by the business organization.

Tax Accounting

Apart from primary accounting services, one can also focus on tax accounting, an area of work that has a huge potential to grow in the future. In most cases, business owners like to have their books kept by their own staff but look for professional help when it comes to taxes.

Business Plan Services

Another lucrative option for accountants can be preparing business plans for start-ups. For people with sufficient experience and knowledge of the business world and its workings, business plan services can be a viable career option. This includes services such as doing market research and coming up with financial statements and business plan texts.

List of Part time (home based) Business Ideas

Cleaning Services

Providing cleaning services is one option that people can do on a part-time basis from their homes. People interested in this business need some capital so that they can recruit workers. There are many directions in which this business can be taken. For people who are willing to offer services during the unusual hours, offices are the most viable options. One can look at retail establishments and focus on particular areas such as localities. Restaurants are great places where one can offer cleaning services since they are so often in need of the day-to-day cleaning. They can provide a steady stream of clients.

One can also look at houses especially major apartment blocks. One of the major advantages of this business is that one does not need to spend a lot of money on publicity since most of it happens by word of mouth.

Computer Services

Providing cleaning services is also a viable option in the part-time business segment. However, experience, certification and a certain level of education are needed in order to be successful. It is also important to have a clear idea of the areas where the prospective clients might want you to focus on. Following are some of the examples:

  • Word Processing
  • Spreadsheets
  • Manipulating Photographs
  • Designs
  • Merging Mails
  • Security

Home based Business Ideas for Housewives

Art – Painting, Jewellery Designing and Dress Designing

One major option that housewives, who wish to earn while being at home, can take on is that of an artist. There are so many ladies who have artistic capabilities but are unable to work full-time because of their domestic responsibilities. However, in their spare time, they can draw paintings and then sell them online either by creating their own websites or through other websites that have a guaranteed clientele. They can also go for other forms of art such as dress designing and jewellery designing.

Blogging

Blogging is also one career option that most educated urban housewives have been taking up these days. Apart from being a highly fulfilling endeavour, if properly monetized, it can also yield great dividends. Experienced housewives can also take up the career of bridal consultant, if not wedding management. This is especially for women who love to be part of weddings and have a great eye for detail.

Cooking

In case someone is a good cook and specializes in confectioneries such as cakes, pastries, muffins, brownies, even pickles, etc. then it will be a great idea to take that forward. In businesses such as these, it is important to use social networks and social media contacts properly because that is how one generates publicity for one’s work and capability.

Others

Women with good social skills and high level of education can also become life coaches. Women who have thorough knowledge about yoga can also start their own training classes as per their daily schedules. Educated women who have done specialization in certain subjects; for instance, accounts, mathematics, English or science, may also provide tutorial services either at their home or virtually.

Home based Business Ideas for Retirees

Consultancy

For retired people with the requisite experience, consultancy is a great career option. Retirees can use the experience they have gained all these years to help their clients in the respective domains. This will provide them monetary benefit. Overall credibility and little social marketing may help attract more clients.

People who love animals such as dogs can use their houses, especially if they have large ones, as crèches where owners can keep their pets when they are on the move. However, it is better to get a license and have some experience of having had pets beforehand. This will ensure that one is able to understand the requirements of the pets as well as their owners.

Dog Daycare and Boarding

People who love animals such as dogs can use their houses, especially if they have large ones, as crèches where owners can keep their pets when they are on the move. However, it is better to get a license and have some experience of having had pets beforehand. This will ensure that one is able to understand the requirements of the pets as well as their owners.

Content Services

Content services are also great when it comes to earning some money while sitting at home. There are different options in this domain that one can choose from, such as copyediting, ghost writing, proofreading, copywriting, indexing, book writing, developmental editing, writing articles for magazines, book doctoring and providing content for web pages.

Last Update on June 03, 2015

How To Start Business in India


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Why Alternative Financing Options Might Be Best for Your Small Business #business #database


#business financing options

#

Why Alternative Financing Options Might Be Best for Your Small Business

The small business financing landscape is continually changing, with more options available to business owners than ever before. About half to two-thirds of these businesses seek financing from a number of places, from owner investments to non-bank sources. As small businesses continue to face challenges when it comes to gaining access to capital and taking advantage of opportunities to grow, it s important that they re seeking the right type of financing for their particular needs. There s been a lot of focus on alternative lending recently, but how do small business owners know when this is the right option to pursue?

One of the most obvious and common answers is that businesses seek financing when they re faced with an unexpected opportunity or challenge that requires quick capital. In my early years as a restaurateur, I built a chain of casual dining restaurants that saw strong growth, solid revenue and profitability. We had all the right elements, but excess cash wasn t one of them. When I was presented with the opportunity to purchase the ideal property for a new location, there was only one issue — I needed $250,000. I was able to get the money quickly from an alternative lender, and I saw the power in this financing option.

In my case and in the experiences of many others, this access to capital provided me the freedom and flexibility to take advantage of a deal that allowed my business to grow. I learned firsthand that when opportunities like these are handled properly, the benefits can be enormous.

Most of the time, small businesses don t have the cash on reserve or an established line of credit that enables them to withdraw the necessary funds for these types of opportunities. Alternative sources of lending help fill that void by giving business owners access, availability and speed. The reality is that traditional banks aren t equipped to do this — and it isn t profitable for them to provide loans of under $200,000.

So what are other situations small businesses often face that may benefit from an alternative source of financing? Check them out:

  • Purchasing discounted inventory, raw material or new equipment at a can t-miss price, such as a restaurant looking to make opportunistic purchases of wine during the holidays or a wholesaler in need of additional warehouse space and forklifts
  • Buying out a partner or to avoid taking on a partner who will own a chunk of the business and profits for life
  • Expanding to new locations
  • Harsh weather that forces a business to close days on end
  • Fluctuations in the economy that impact the bottom line
  • Unexpected occurrences that put pressure on cash flow and require an immediate influx of working capital, such as a refrigerator that stops working in a restaurant or a farmer needing to process the harvest

To determine what type of financing makes sense for your business and situation, you must consider what exactly needs to be funded and the timing. Alternative lending helps provide flexibility of repayment and offers creative options, including small daily payments that fluctuate with sales volume. It s also important for small business owners to understand the rates associated with choosing an alternative lender. This type of financing is more costly than a traditional bank loan because these companies act as liaisons, borrow capital from other financial institutions and guarantee the payment. Essentially, they absorb the risk and the losses when a client defaults. This is also further emphasized when taking into consideration that an application can be underwritten and approved in hours instead of weeks with a bank.

Whether you re a restaurant, retailer or medical practice, examining your situation closely will help determine the best financing option. Gaining access to capital can be the deciding factor in whether or not a small business grows or survives, so choose wisely when it comes to funding.


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Be a neighborhood champion – Shop Small® – American Express, Small Business Saturday #business

#small business saturday

#

BRING THE DAY HOME

Looking for ideas on how you can get your community involved in your Small Business Saturday celebration? Download our Event Guides inspired by past Neighborhood Champions.

WELCOME STATION: INSPIRED BY HUTCHINSON AREA
CHAMBER OF COMMERCE & TOURISM, MN

The Hutchinson Area Chamber of Commerce & Tourism gave everyone a game plan for getting the most out of the day with fun treats along the way. Make Shop Small® Welcome Station shoppers’ first stop of the day! How They Did It

Includes:

Poster, Customizable Flyers, Social Posts

NIGHT OUT: INSPIRED BY THE PARTNERS FOR PROGRESS, NY

This downtown association helped make Small Business Saturday night just as big as the day. This year, help your neighborhood continue to celebrate small business into the night. How They Did It

Includes:

Poster, Table Tent, Social Posts

#SHOPSMALL SELFIE: INSPIRED BY CITY OF DOUGLAS MAIN STREET MERCHANT ASSOCIATION, GA

This association organized a Selfie Event that let people show support for small businesses with more than a purchase. Get one going in your neighborhood. How They Did It

Includes:

Signage, Social Posts

SCAVENGER HUNT: INSPIRED BY BELAIR-EDISON NEIGHBORHOODS, INC. MD

This organization encouraged people to visit more local small businesses by creating a Scavenger Hunt on the day. Set the course for one in your neighborhood. How They Did It

Includes:

Blank Map, Signage, Social Posts


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Canadian Business May Be Shut Down: Sources #business #plan #pdf


#canadian business magazine

#

Canadian Business May Be Shut Down: Sources

Canadian Business, the country’s oldest publication of its kind, may be on the verge of closing its doors after 87 years.

Rogers Media Inc. which owns Canadian Business, is looking at shuttering the publication, several company sources told The Huffington Post Canada.

Canadian Business is losing subscribers and “there is no money to be had,” Phil Lind, the vice-chairman of the board at Rogers Communications told HuffPost on Monday.

The company’s venture into Texture, the re-named magazine ap p first launched as Next Issue, hasn’t been as profitable as expected, he added, and Rogers’ television stations are also struggling.

Maclean’s Magazine — Rogers’ national current affairs publication — is “not yet” on the chopping block, Lind said.

Rumours of Maclean’s demise have been percolating for over a decade. “It could be a year away, or it could be five years away,” another source said.

Last month, Rogers announced it was slashing approximately 200 jobs. or four per cent of its workforce. Pink slips in conventional television, radio, publishing and back-office positions are already going out the door, and more are expected to follow.

In a memo to staff. Rogers cited a “softening advertising market, fierce competition from global players, and shifting audience consumption habits” among its reasons for reducing headcount.

“This was not an easy decision, but it was right for our business long-term,” the memo read. “While difficult, these changes are essential to delivering on our Rogers 3.0 plan and to position us for continued success and future growth while helping us effectively manage costs.”

It’s unclear whether the company will seek a new buyer for Canadian Business or will “run the publication into the ground,” as another executive put it.

“We do not comment on rumours or speculation.”

Canadian Business editor-in-chief James Cowan expressed surprise when first contacted two weeks ago about his magazine’s future. Cowan said he had not heard any talk about “shuttering” the publication.

In an unsolicited email, Rogers Media’s senior director of communications Andrea Goldstein wrote: “We do not comment on rumours or speculation.”

On Tuesday, Goldstein said “there are no plans at this time” to close any of Rogers’ 57 publications.

Canadian Business is a multiple award-winning magazine. With a posted circulation of 85,027, Rogers says the outlet has approximately 335,000 unique visitors monthly — a count that refers to the number of times a device, app, smartphone or desktop, visits the publication online.

Founded in Montreal in 1928 as the official newsletter of the Canadian Chamber of Commerce, Canadian Business became available to the general public two years later. Two ownership changes later, Rogers took over the publication when it made a hostile takeover bid for Maclean Hunter in 1994. At the time, writer George Garneau noted that analysts predicted the company’s newspaper and magazine holdings were likely candidates for sale “because of their poor financial performance.”

The cuts at Rogers were just the latest in a wave of bad news on the Canadian media front. Several publications closed or announced staff layoffs in recent weeks.

The Guelph Mercury ended its 149-year-old print edition, laying off 23 full-time and three part-time employees on Jan. 29. That same day, the 141-year-old Nanaimo Daily News also closed its doors.

On Jan. 19, Canada’s largest newspaper chain Postmedia announced it was eliminating 90 newsroom positions across the country.


Postmedia CEO Paul Godfrey recently announced layoffs across Canada. (Andrew Francis Wallace/Toronto Star via Getty Images)

A memo from Postmedia CEO Paul Godfrey said the company was consolidating newsrooms between its broadsheet newspapers and Sun Media tabloids in Ottawa, Edmonton, Calgary and Vancouver, and merging sports coverage to help find at least $80 million in savings before the end of fiscal 2017.

Reporters would be writing in an “agnostic” voice, Godfrey said and a new “rewrite” desk will be charged with editing stories to have the “right voice” for specific brands and platforms.

“We will continue to operate our broadsheet newspapers and our tabloid newspapers in their current formats and with the features and focus that our readers have come to expect from their favourite news brands,” read the memo.

Last year, Bell Media cut hundreds of its local news employees mostly in Toronto and Montreal despite announcing it had made a slight profit in a recent quarter.

— With files from Zi-Ann Lum


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5 Small Business Magazines You Need to Be Reading #business #card #printing


#small business magazine

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5 Must-Read Magazines for Your Small Business

You may be asking yourself, why am I soliciting print advice from a digital marketing resource center? Well, we at Get Busy Media find value in content that helps small businesses solve problems and grow; regardless of how and in what format this content is packaged. Today we’re going to take you through our five favorite small business magazines and why you, as a business owner, need to be consulting these resources.

Here are our top 5 small business magazines (and their tablet companions) :

1. Inc.

Inc. is the veritable bible for small business owners. If you were stuck on a desert island selling widgets and had only one magazine to consult from, I would recommend Inc hands down. This magazine is chock-full of amazing statistics, case studies, interviews and reviews about small business owners and startups who have found success and why. Too many young readers today are inundated with stories of successful tech startups. Rest assured that Inc. will provide you with a wide variety of successful small business stories. They will provide you with stories of why learning to tell jokes is good for business to a who’s who of crowdfunding platforms and which ones small businesses should leverage depending on their specific needs.

  • Get Real by Jason Fried – co-founder of 37 Signals (software company that created Basecamp) and author of Rework pens this column that normally appears between pages 35 and 40
  • Crunching the Numbers – I love the charts and graphs that are included in this section. For instance, did you know that the cities that experienced the greatest increase in the number of jobs at companies with fewer than 100 employees from August 10 to August 11 were Orlando, Atlanta and Greensboro, North Carolina (who would have guessed these cities?)
  • Tech Trends­­ – John Brandon does a great job with this column. He reviews all the latest gadgets and new technology that make your life as a small business owner easier.

iPad app: Appears that as of February, 2012 Inc. does not have an iPad app based on my extensive searches in the App. store that returned no results for this magazine.

2. Entrepreneur

Entrepreneur magazine is a must have for anyone looking to start a small business. Entrepreneur’s target is more narrowly focused than Inc’s but that’s what makes it so great. Within this magazine you will find every pain point imaginable to starting and running a profitable business (economy, work/life balance issues, co-founder discord, death of a co-founder, production issues, supply chain problems, to name just a few). You will find articles ranging from how a 14-year old kid started his own candle company based on manly scents (fresh cut grass, steak and wood chips, to name a few) to how two guys pivoted and turned their failing lifestyle website into a flash deals site and made a profit in the first month.

  • Lead Gen ­– Ann Handley, Chief Content Officer of MarketingProfs.com and Co-Author of Content Rules authors this column that speaks to the power of great content and how to reach your customers through online content.
  • Linked – Chris Brogan. Founder of Human Business Works and co-author of Trust Agents is one of the preeminent experts in relationship and digital marketing. If you have enough time to read only one column in this magazine each month, read his.

iPad app: This app needs some work. When you zoom in to read on the iPad, the text becomes difficult to read. The abundance of ads on this app is also bothersome and takes away from the overall experience.

Cost. Free (comes with Entrepreneur print subscription)

3. Fast Company

Of the three magazines we have reviewed thus far, Fast Company is certainly the edgiest and hippest. To be honest, there’s a reason why this publication is #3 on the list behind Inc and Entrepreneur. A salient example for those who like sports, is that Fast Company is to ESPN The Magazine what Inc. is to Sports Illustrated. SI is the preeminent resource in sports journalism in the United States, much as Inc. is widely regarded as the benchmark for publications for small businesses and startups. ESPN the Magazine on the other hand is flashy, heavy on images and graphics and appeals to a hipper, younger generation than Sports Illustrated. By no means is this a bad thing, but I felt that I should use this example to illustrate the difference between Fast Company and their approach versus Inc.’s approach.

One aspect of Fast Company that I enjoy much more than the previous two publications on this list is their long form feature stories. Fast Company’s featured stories tend to be much more content-rich and just plain longer in general than its counterparts. I love that I can sit down and read one of these stories and am captivated for 20 minutes.

  • Tech Edge­ – authored by Farhad Manjoo, this column is very similar to Tech Trends in Inc. just with a little more irreverence.

iPad app: Appears that as of February, 2012 Fast Company does not have an iPad app based on my extensive searches in the App. store that returned no results for this magazine.

4. Wired

Wired is an incredible magazine. I don’t care who you are, this magazine is always, always visually stunning and filled with incredible content about science and technology. There is no doubt in my mind that Chris Anderson, Editor-in-Chief of Wired. sits down with all departments within the company to ensure that design, content and layout all flow and play nice together. While this magazine tends to be very science and tech heavy, there are amazing pieces of information here that are applicable to small businesses, especially those who are progressive and technology-oriented.

  • Dear Mr. Know-it-all – this is an awesome column where Mr. Know it All fields questions from those looking to navigate their issues in the 21st century. Some questions may surprise you, but you’ll find the answers even more interesting.
  • Test – they test everything from Universal remotes to solar charges to ultrabooks – very neat column.

iPad app – amazing layout (which is par for the course for Wired) but loading the iPad edition by my count takes between 6 and 8 minutes (depending on the length of the issue), which in my opinion is tired not wired.

Cost. Free (comes with Wired print subscription)

5. Bloomberg Businessweek

Bloomberg Businessweek is obviously a behemoth in the business and financial news sector. While this periodical isn’t tailored specifically for small businesses and startups, there’s a ton of information you can cull from Bloomberg. The great thing about Bloomberg is that it’s laid out in a format that is easy-to-read and digestible. A few sections I particularly enjoy are the Technology and Companies and Industries sections. Both contain information that is pertinent for small businesses.

iPad app – I haven’t played around much with the app on my iPad but from my limited experience, this seems like another great app for the iPad

Cost. Free (comes with Bloomberg print subscription)

What do you think of my list of the top small business magazines? Who did I miss? Do you disagree with any of my choices? We would love to hear your thoughts. Please leave your thoughts in the Comments section below.

About Jim Armstrong

Jim Armstrong is the Co-Founder of Get Busy Media and a paid search specialist. Since 2008, Jim has built his knowledge around emerging media and leveraged several experiences to develop a keen understanding of internet marketing. His core competencies include search marketing, SEO, email marketing, social media marketing and online reputation management. Jim currently works for Google, as an account manager. When not diving headfirst into his next project, Jim enjoys spending time with his family, fishing and writing. Jim on Google+

Comments

I love Forbes online and have followed some of their contributors in particular.


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