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Jan 28, 2013  |  Vote 0    0

EDITOR’S DESK: sketch out your own improvement plan

City Centre Mirror

It’s a new year and, before you get too immersed into a daily grind of activity, take time out to sketch our your very own improvement plan.

One advantage of living in such a large metropolitan area, is there is no shortage of business organizations, consultancies and education institutes.

So what do you want to learn this year?

In some cases, organizations have their full-year seminar calendars fully developed. In others, they look a couple of months ahead.

Cruise through some of the usual suspects who provide business guidance and get a feel for the kinds of topics they host, the frequency of topics and the cost.

Decide now how much money you might want to set aside during the year for training, or seminar attendance and networking.

And be choosy if you are on a budget. While early months of the year are sometimes light on business transactions they can make for extra downtime for further studies or seminar attendance. But don’t blow your budget early, because you never know if something even more enticing will be offered in the second half of the year.

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All that said, here are some interesting and upcoming learning opportunities provided through Enterprise Toronto:

Managing your Cash Flow is the topic of a free session Feb. 21 at the North York Civic Centre.

It’s a hands-on workshop designed to put you through real-life cash flow scenarios with the help of real-life examples. It’s meant to help you maximize your cash flow and minimize the need to borrow.

The 10-11:30 a.m. event is at the North York Civic Centre, Room 3. To register for these events, go to www.enterprisetoronto.com

Starting a Small Business (workshop) – This Toronto District School Board workshop teaches the basics of forms of ownerships, registration procedure and accounting considerations.

This Feb. 28 event will be at Western Tech school at 125 Evelyn Crescent, Toronto, from 6:30-8:30 p.m.

Registration is $14, and is available at www.team4life.ca

Just for fun, here are some statistics about the Toronto market you may or may not know.

In the City of Toronto in December, the mean hourly wage was $24.40. The median hourly wage was $20.22. Both are slight increases to Dec. 2011 figures.

Total employment in Toronto rose to 1,310,500 in Dec. 2012. That’s three percent higher than one month before. Interestingly, with a 9.2 percent employment growth year over year, the number of women in the workforce jumped ahead of men in Dec. 2012.

The ranks of the self-employed fell to 195,500 in Dec. 2012 from 220,100 one year earlier. That represents a 11.2 percent decrease in the self-employed who, as of December, made up 14.9 percent of the workforce.

Every month our Toronto Business Times features a collection of stories on a central theme. This month, it’s business financing. Next month, it’s training – yet another high interest of the entrepreneur.

But you tell us – what are the themes you’d like to see explored in future editions of Toronto Business Times?

Peter Haggert is Editor in Chief of Toronto Business Times. His column appears monthly. He can be reached at phaggert@insidetoronto.com

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