Windsor Business May 2024 Issue

Page 1

5 HE SAID/SHE SAID: The news and views of area executives on pertinent business issues of the day.

12 CORPORATISM:

Jim Blasingame asks if your small business were a car, would the dash have warning lights?

S2 AT A GLANCE

A look at how the world’s new mobility ecosystem is driving reinvention.

2 CROSSWORD

Take a coffee break from work and challenge yourself with our crossword.

3 ESSEX ECONOMICS

A series of guest columns by business executives on various trends in the region.

6 PRIME PROPERTY

A look at recent commercial property transfers in the city of Windsor.

10 BUILDING PERMITS

A compilation of construction activity in the Windsor and area market.

12 START UPS

Newly incorporated firms launched in Windsor-Essex and Chatham-Kent.

everal companies are buying up area golf courses, including property developer Amico. For decades Amico has worked on a number of residential and commercial developments, and constructed buildings in Windsor and southwestern Ontario. It just purchased the Dominion Golf and Country Club on Howard Avenue.

Subject to a confidentiality agreement, the purchase price was not disclosed. Amico vice-president of properties, Cindy Prince, said getting into the golf business made sense for the company. “It’s really been a growing industry since Covid,” she said. Also, Amico books many of its own tournaments at the club.

“We do enjoy the use of the golf course and have for many years,” she said. “It’s always nice for us to be able to take partners and clients for an afternoon of golf.”

Continued on page 4

MAY 2024 INSIDE TRACK WINDSOR’S FOREMOST BUSINESS NEWS PUBLICATION
CELEBRATING OF EDITORIAL EXCELLENCE
<< 27 YEARS PHOTO BY JOE SYMCHYSHYN SYMCHYSHYN PHOTOGRAPHIC
Fil and Mariangela Vasile, Dominion Golf co-managers, Elias Ford, Amico CFO, and Cindy Prince, Amico vice-president of properties.
whoisoscarbravo.com
Ron Stang

AT A GLANCE

JUST THE FACTS:

• A recent study by PwC found automobiles are the world’s biggest manufacturing and retail sector, with nearly 90 million units produced globally in 2023.

• Cars are at the core of mobility, where ecosystem reconfiguration and business model reinvention are most visible. As technologies evolve, for example, the concept of individual car ownership may be replaced by the notion of mobility as a service (MaaS).

• The ecosystem developing around electric mobility is inspiring hundreds of billions of dollars of investment in infrastructure, manufacturing capacity and new products and services.

• Battery electric vehicle (BEV) sales in 20 key markets rose 28 percent in 2023 over the year before. China alone accounted for more than two-thirds of BEV sales in the markets analyzed.

A LOOK AT HOW THE WORLD’S NEW MOBILITY ECOSYSTEM IS DRIVING REINVENTION ACROSS EVERY INDUSTRY.
ACROSS 1 Pizza crust option 5 Narcissist’s concern 9 Racetrack shape 13 Lacking refinement 14 Final tally 15 Go by bus 16 Beside oneself 17 Get acclimated 18 Source of feta cheese 19 Took a sampling of opinions 21 Family man 22 Beggar’s cry 23 Slur words 25 Thug’s piece 27 Tow truck 30 Car or bus 34 To the – (fully) 35 Bone-dry 37 Barracuda habitat 38 Sherbet 39 Loyal 41 Banned bug spray 42 Doctrine 44 Woodlands grazer 45 Not tanned 46 Pencil ends 48 More anxious 50 Audit ace 51 Pistol-packing 52 Broad bean 55 Crocodile feature 57 Rang out 61 “Now!” 62 Bowie’s last stand 64 Winter Olympics event 65 Descartes’ first name 66 Long-legged bird 67 Verve 68 Make less difficult 69 Sunflower product 70 Fizzled fireworks DOWN: 1 Golf hazard 2 Quasimodo’s creator 3 Adored one 4 Forget to do 5 Family member 6 Piano exercise 7 Superman’s mother 8 Grow plumage 9 Pesticide-free 10 Strad 11 “Waterboy” Sandler 12 Certain Wimbledon calls 14 Neatest 20 Horned bugler 24 Is frightened of 26 “Oops!” (hyph.) 27 Chess side 28 Kitchen gadget 29 “Maria –” 30 Façade 31 Hot tub material 32 King-sized spoon 33 PC key 36 Reproach oneself for 39 Porch adjunct 40 Mountain climber’s aid 43 Fugitive 45 Rode a bike 47 Ranis’ spouses 49 200 fins 51 Not in a fog 52 Ticket price 53 Aboard ship 54 UPS trucks 56 Toward shelter 58 Corker 59 Victorian oath 60 Cozy rooms 63 Trendy April 2024 solution Email info@ windsorbusiness.net for this issue’s crossword answers 1. Projected 2024 BEV car sales by country or region:
Volume of Sales Market share within region Annual growth What Do YOU Read? 552 Pitt St. W., Windsor ON Tel. 519-255-9775 Fax: 519-255-7574 www.windsorbusiness.net Your clients read us. Your competitors read us. Isn’t it obvious? 1.5m 6.9m 1.9m Source: Strategy + Business, PwC, March 2024. • FROM SMALL PROPRIETORSHIPS TO LARGE CORPORATIONS • ON-SITE OR OFF-SITE SERVICE LET US FOCUS ON YOUR FINANCIALS, SO YOU CAN FOCUS ON YOUR BUSINESS RACHELLE'S BETTER BOOKKEEPING 552 Pitt Street West, Suite 104, Windsor T: 519-915-1210 F: 519-915-9119 • C: 519-980-0316 rachelledz@hotmail.com www.rachellesbetterbookkeeping.com • Year-End Preparation for your Accountant • Monthly Income Statements • Short-Term Accounting Fill-Ins • All Government Remittances • New Business Setup • Payroll Services and T4s • Bank Reconciliations YOUR BOOKKEEPING SPECIALISTS SINCE 1993 27.7% 18.1% 9.8% 42.6% 27.7% 33.9% China Europe top five United States
I’M SORRY ANDY, I CAN’T DEAL WITH YOU TODAY. I’M TAKING ANDY-DEPRESSANTS.

BUSINESS BOOST

“Many people feel intimidated by the idea of negotiating, but the fact is, negotiation is something we’ve been doing all our lives, even when we don’t realize it. I have been negotiating since I was born. The first time I was hungry I negotiated with my mother by screaming until she solved the problem by feeding me. I didn’t do it consciously; it happened automatically.

“You are in continual negotiation with everyone you meet, be it your boss or a casual friend. Boys negotiate with girls and vice versa. Husbands and wives constantly negotiate with each other. Negotiation makes its entrance when you buy a car or a house, or discuss with friends which movie to see. Negotiation isn’t just concluding a difficult deal; it is daily participation in the game of life.

“Many people think the sole purpose in negotiating is getting the best deal you can. Donald Trump’s approach, in contrast, was to pursue a course that enables the other parties to attain personal satisfaction as a byproduct of his negotiation. Creating the atmosphere of an amicable relationship is more important than getting a deal done, than winning, or getting something the other person didn’t want to give.”

VOLUME 28, ISSUE 1 • MAY 2024

EDITOR-IN-CHIEF Nadia H. Shousher

ART DIRECTOR David Cowx

CONTRIBUTORS Jim Blasingame, Dale Dauten, Rodney L. Denis, Paul March, Devan Mighton, J.T. O’Donnell, Ron Stang, Joe Symchyshyn

Windsor Business is published monthly by The Page Publishing Corp. and is distributed through Canada Post to every business address in Windsor and Essex County and Chatham-Kent. No part of this publication may be reproduced without prior written permission from the publisher. Copyright The Page Publishing Corp., 2024.

THE PAGE PUBLISHING CORP.

552 PITT STREET WEST, SUITE 101

WINDSOR, ONTARIO N9A 5M2

TEL: (519) 255-9775

info@windsorbusiness.net • www.windsorbusiness.net

Area labor pool sadly left wanting

Every small business owner knows how hard it is to find The Ideal Employee, especially in this market. Windsor-Essex is known as slow to change and lacking much foresight. After culling the best from the local labor pool and finding even most of these wanting, I’m not surprised so many companies limp along with barely performing personnel.

But what is the alternative? For the small operator, it means donning yet another hat and adding the commensurate number of hours to an already full workday. While it is not ideal, this would be better than doing without, or –much worse – retaining barely functioning staff on the payroll. Because these have the power to destroy your business.

Dealing with other firms and their people can be a real eye opener, and unfortunately the positive experience remains elusive. Let’s take the role of sales, which most for-profit businesses require.

The faults are true to stereotype: an overly aggressive demeanor or a dismissive and careless one; the use of intimidation or pressure tactics; maligning competitors; poor manners; insulting the prospect.

No wonder hapless consumers question why they bother to spend at all, if poor treatment is the extent of the service they get.

So, not only do they not buy from your place or mine, but they make mention of the bad experience to others. One negative experience becomes fodder for an entire network of business associates, reducing whatever credibility the company had among clients and effectively shutting the door on new ones.

Such is the power of a customer scorned. And such is the danger we face when we accept “good enough” from this labor market. I hear the same complaint from almost every sector: there aren’t enough qualified admin clerks/trades people/sales reps/technicians to choose from. Businesses are held in a death grip, forced to make do until that lucky day when The Ideal Employee walks in the door.

We have all seen layoffs in big industries, striking workers in others. So perhaps I’d be naïve to expect the ones still employed to cling to their jobs in gratitude. What I actually see are many employees sabotaging the company, taking advantage and generally paving their way to the unemployment line.

Seems like those who want to work, are already employed. And, just maybe, the ones available to work aren’t worth hiring …

Nadia H. Shousher is Editor-in-Chief of Windsor Business, a division of The Page Publishing Corp.

ESSEX ECONOMICS

JULIE BEE

Tips for those who can’t slow down

Most entrepreneurs live for new opportunities. The problem is, when you’re focused on growth, it’s easy to say yes to more than your business can handle. Sure, you can juggle it all for a while, but eventually the stress catches up to you.

Your bandwidth is a mile wide but only an inch deep—which means it’s in danger of running dry. The key is to make space for redirection and replenishment before that happens.

Dialing back is one of the hardest things for entrepreneurs to do, because for many of us it feels like failure. But the opposite is true; an intentional pause can save your business. So, say no. For now.

Here are some steps spread-thin entrepreneurs can take to slow down, recenter and get back to focusing on what their business does best

(Temporarily) say no to new. Temporarily is the operative word. Just for a while, stop chasing new opportunities. That’s what got you here in the first place. You need to put your time, energy, and thought into strengthening your business, not expanding it.

Pause projects that can wait. Of course you can’t neglect the needs of your clients; they always deserve your full attention. But chances are there are some big-picture initiatives you can put on hold, like creating a new product or transitioning to new software.

Drill down on why you’re driven to do more. Are you afraid of failure? Do you feel you owe it to your employees and clients to constantly expand? Once you identify what’s motivating you to always do more, you can determine if it’s something that’s serving you and your business well.

Get clear on what over-commitment is costing you. Are you spending money you probably shouldn’t, in order to deliver on your commitments?

Assess where your profitability is really coming from. If you’re putting forth your best effort, but the business isn’t progressing, ask: Which products and services are making the most money? Which aren’t? Which initiatives are attracting new business?

Verify your gut instincts with data and trusted feedback. Entrepreneurs often place a high value on their instincts. But when it comes to making decisions about your business’s growth and future, your gut might prompt you to go too far, or in the wrong direction entirely. Look at your gut instincts as a starting point for business decisions, not the final decision-maker.

Implementing these tactics will probably feel uncomfortable or scary, but the process is worth it. By temporarily taking a step back from your frantic pace, you are giving yourself the space to figure out how to sustainably propel your business forward, in a direction and on a timeline best for you and your employees.

Julie Bee is the author of Burned: How Business Owners Can Overcome Burnout and Fuel Success. Visit https://www.thejuliebee.com

CARTOON
THE EDITOR’S DESK
WINDSOR’S FOREMOST BUSINESS NEWS PUBLICATION
MAY 2024 3
CARTOON
PAUL MARCH
George H. Ross in Trump Style Negotiation: Powerful Strategies and Tactics for Mastering Every Deal, John Wiley & Sons, Inc.
BY

Area contractor among companies getting in to the golf game

Continued from page 1

While housing and commercial development have been Amico’s forte “in terms of large recreational uses such as a golf course, this is our first venture into that. We have been looking for some time,” she said.

Prince said Dominion was a good business opportunity because it’s a well-managed operation. Comanagers Phil and Mariangela Vasile will stay on for another 10

years, “with all the support Amico can bring.”

The club has been in the Vasile family since 1987. Opening in 1929, it is one of two local courses (the other is Roseland) designed by famed designer Donald Ross. It has 18 holes, spans almost 115 acres and has a practice dome.

The Vasiles have run the club for their in-laws and owners Franco and Angela Meo, Dominion’s third ownership.

Phil Vasile said the family sale

hasn’t quite sunk in.

“Of course, when you sell something (it’s emotional)”, he said. “It’s not yours anymore but it hasn’t really sunk in for either one of us. We’re still going to be here for the next 10 years working, so it doesn’t really feel different.”

Meanwhile, Ashok Sood, owner of Windsor-based Champion Products, a major supplier of janitorial, food service and business supplies since 1991, has purchased a second golf course, Willow Creek on

Puce Road in Essex.

Four years ago he purchased the renamed 18-hole Royal 47 Golf Club (formerly Royal Estate) in Tecumseh for an undisclosed price.

The recent sale of the 82-acre, 18-hole Willow Creek by former owners Donald and Frances McGuire, who retired, went for $3.6 million.

“We’re just going to renovate it, which we started already over the last two months,” Sood said, adding the purchase is another

example of the “diversification” of his and his partners’ business interests. He said he will be investing to bring the golf course up to par, so to speak. And there are “efficiencies” to running more than one course.

Besides Champion, Sood oversaw the development of the Walkerville Stones townhouse site and nearby The City Market, which has seen an uptick in business since the nearby Windsor Market Square closed last year.

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“Responding to uncommitted customers. We have no issues with those who require multiple quotes; it’s the ones just curious as to how much the job would cost who waste time.”

Steven Damphouse, President & CEO, Tecumseh General Contractor Inc.

“Multi-tasking must be one of the most significant time wasters. Not only for the average person, but a business owner trying to juggle multiple things simultaneously can reduce efficiency. This results in lower quality work and can significantly lower morale in the workplace.”

Meghan Goyea, Co-Owner, Goyea Mechanical Services.

“Meetings without an agenda and time controls defeat their purpose, and break momentum. While it’s good to have high expectations, when we engage in perfectionism we waste time, failing to see other tasks or goals suffer because of it.”

Patrizia La Tona, Director of Sales & Marketing, Hampton Inn & Suites by Hilton Windsor.

“Free time! If we get a moment to reflect, we have the opportunity to refine processes, adjust any mistakes or misses from the day, or catch up on general housekeeping in the office. Time is precious; we cannot waste a moment!”

Jay Bhatt, RO/Director, Specsavers Devonshire and Tecumseh.

“For various workplaces like restaurants, I think the prime time wasters can be inefficient scheduling, interrupted work flow due to a disorganized kitchen, excessive administrative tasks and a lack of staff training. Streamlining these areas can significantly boost productivity and profitability.”

Shivani Babbar, Co-Owner, The Breakfast Guyz.

HE SAID/SHE SAID NEWS AND VIEWS FROM AREA
do you find to be the greatest time-wasters at work? MAY 2024 5 originalpizza.ca 15% OFF WORKPLACE LUNCH ORDERS* ($85 Minimum) *O昀er is valid on orders of $85 or more, that are picked up or delivered between the hours of 11 AM and 3 PM. Orders must be placed a minimum of two hours in advance. Mention Windsor Business ad when ordering. Cannot be combined with any other offers. Delivery subject to availability. Taxes & delivery extra. O昀er expires June 7, 2024. PIZZA PARTY OR RAISE? $ave with Antonino’s Workplace Lunch & give both! DELIVERY AVAILABLE*
EXECUTIVES: QUESTION: What

THE FOLLOWING, PROVIDED BY REALTRACK.COM, REPRESENT SOME OF THE TOP COMMERCIAL PROPERTY TRANSFERS IN THE WINDSOR AREA:

SOLD

Address: 340 Campbell Ave.

Selling Price: $2.65 million

Vendor: Arif Enterprises Inc.

Purchaser: 2571226 Ontario Inc.

SOLD

Address: 1495 Gladstone Ave.

Selling Price: $2.622 million

Vendor: Arif Enterprises Inc.

Purchaser: 1000771901 Ontario Inc.

SOLD

Address: 1800 Walker Rd.

Selling Price: $1.7 million

Vendor: 1461751 Ontario Ltd.

Purchaser: Icon Warehouse Ltd.

SOLD Address: 4791-4799 9th Conc. Rd.

Selling Price: $6 million

Vendor: Named individuals

Purchaser: M & J Crump

Holdings Ltd.

SOLD

Address: 867, 879 & 891

University Ave., 314 Crawford Ave.

Selling Price: $1.15 million

Vendor: DC Holdings Ltd.

Purchaser: 1000817815 Ontario Inc.

SOLD

Address: 3771, 3783 & 3793

Howard Ave.

Selling Price: $3.48 million

Vendor: 1000528237 Ontario Inc.

Purchaser: Astoria Inc.

SOLD

Address: 2619 County Rd. 42

Selling Price: $3.3 million

Vendor: 1974592 Ontario Inc.

Purchaser: DRC Holding Inc.

SOLD

Address: 3206 Devon Dr.

Selling Price: $800,000

Vendor: 1000725281 Ontario Ltd.

Purchaser: Southwestern Manufacturing Inc.

6 WINDSOR BUSINESS
PRIME
PROPERTY
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PRIME PROPERTY

THE FOLLOWING, PROVIDED BY REALTRACK.COM, REPRESENT SOME OF THE TOP COMMERCIAL PROPERTY TRANSFERS IN THE ESSEX & CHATHAM-KENT AREAS:

SOLD

Address: 6125 Howard Ave., LaSalle

Selling Price: $4,468,630

Vendor: Franco & Angela Meo Investments Ltd.

Purchaser: Amico Dominion Golf Inc.

SOLD

Address: 1003 South Middle Rd., Lakeshore

Selling Price: $1.85 million

Vendor: Named Individuals Purchaser: Brian Daniher Farms Inc.

SOLD

Address: 130 Sandwich St. S., Amherstburg

Selling Price: $3.333 million

Vendor: Greater Essex County District School Board

Purchaser: Valente Development Corp.

SOLD

Address: 102080 Longwoods Rd., Chatham-Kent

SOLD

Address: 2416 Talbot Trail, Chatham-Kent

Selling Price: $2.305 million

Vendor: Named Individuals Purchaser: 1473534 Ontario Ltd.

Selling Price: $2.45 million

Vendor: Lakeside Village Park & Motel Ltd.

Purchaser: CAJ Campgrounds Ltd.

Selling Price: $997,400

Vendor: CMP Renaud

Enterprises Inc.

Address: Conc.14, Part Lot 7, Colchester

Purchaser: Named Individuals SOLD

Address: 414 Rocky Rd., Leamington

Selling Price: $3,293,750

Vendor: PJ Trailers Canada Inc.

Purchaser: The Lally Group Ltd.

SOLD

Address: Part Lot 9, Robson Rd., Leamington

Selling Price: $2.1 million

Vendor: Erie Shores Golf & Country Club

Purchaser: 1775997 Ontario Inc.

CHATHAM-KENT • WHEATLEY
SOLD
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PRIME HOME SALES

Where: 1217 Harrison

Property Size: 46’ x 93’

# Bedrooms: 2 + 1

# Bathrooms: 2

Taxes: $2,172

Listed For: $379,999

Sold For: $410,000

Where: 1108 Assumption

Property Size: 31’ x 110’

# Bedrooms: 3

# Bathrooms: 1

Taxes: $1,532

Listed For: $199,000

Sold For: $295,000 SOLD

Where: 931 Albert Rd.

Property Size: 35’ x 110’

# Bedrooms: 3

# Bathrooms: 2

Taxes: $1,745

Listed For: $349,900

Sold For: $350,000

SOLD

SOLD

Where: 1191 Wigle Ave.

Property Size: 30’ x 100’

# Bedrooms: 3 + 1

# Bathrooms: 1

Taxes: $1,590

Listed For: $369,888

Sold For: $360,000 SOLD

Where: 543 Wallace Ave.

Property Size: 75’ x 130’

# Bedrooms: 2

# Bathrooms: 1

Taxes: $3,084

Where: 1226 Foxhill Crt.

Property Size: 32’ x 65’

# Bedrooms: 3

# Bathrooms: 1

Taxes: $1,532

Listed For: $369,900

Sold For: $373,000

Sold For: $380,000 SOLD

Listed For: $449,000 Sold For: $470,000

SOLD

Where: 4280 Old West

Property Size: 29’ x 115’

# Bedrooms: 2 + 2

# Bathrooms: 2

Taxes: $3,200

Listed For: $499,900

Sold For: $560,000

SOLD

Where: 1994 Jefferson

Property Size: 50’ x 161’

# Bedrooms: 2

# Bathrooms: 1

Taxes: $1,997

Listed For: $399,900

THE FOLLOWING REPRESENT SOME RECENT RESIDENTIAL PROPERTY SALES IN THE ESSEX COUNTY/CHATHAM-KENT AREA:
SOLD
8 WINDSOR BUSINESS

PRIME HOME SALES

SOLD

Where: 52 Balaclava St. N., Amherstburg

Property Size: 47’ x 118’

# Bedrooms: 3

# Bathrooms: 1

Taxes: $1,700

Listed For: $299,900

Sold For: $381,555

SOLD

Where: 645 Lacasse Blvd., Tecumseh Size: 40’ x 107’

# Bedrooms: 3 + 1

# Bathrooms: 2

Taxes: $2,309

Listed For: $524,900

Sold For: $520,000

SOLD

Where: 2010 Shawnee Rd., Tecumseh

Property Size: 172’ x 74’

# Bedrooms: 4 + 2

SOLD

Where: 154 Crystal Beach Rd., Colchester

Property Size: 40’ x 94’

# Bedrooms: 2

# Bathrooms: 1

Taxes: $1,211

Listed For: $295,900

Sold For: $320,300

SOLD

Where: 237 Ford Rd., Kingsville

Property Size: 40’ x 100’

# Bedrooms: 3

# Bathrooms: 1

Taxes: $2,090

Listed For: $429,000

Sold For: $430,000

SOLD

Where: 261 Grand Ave.

E., Chatham

Property Size: 38’ x 135’

# Bedrooms: 3

# Bathrooms: 3

Taxes: $4,717

Listed For: $799,900

Sold For: $765,000 SOLD

# Bathrooms: 2

Taxes: $2,710

Listed For: $279,000

Sold For: $255,000

Where: 13 Garrison Ave., Leamington

Property Size: 60’ x 143’

# Bedrooms: 3

# Bathrooms: 1

Taxes: $3,209

Listed For: $449,888

Sold For: $430,000

SOLD

Where: 620 Point Pelee Dr., Leamington

Property Size: 56’ x irr.

# Bedrooms: 2

# Bathrooms: 1

Taxes: $4,216

Listed For: $299,900

Sold For: $255,000

CHATHAM-KENT • WHEATLEY THE FOLLOWING REPRESENT SOME RECENT RESIDENTIAL PROPERTY SALES IN THE ESSEX COUNTY/CHATHAM-KENT AREA:
MAY 2024 9 2895 Kew Drive, Windsor | 519-944-8111 | 1-800-298-0832 | martindalewindow.com Quality. Experience. Style. Scott Martindale - 3rd Generation

MUNICIPALITY OF CHATHAM-KENT COMMERCIAL:

• Tatro Properties Ltd. is building an accessory structure in a business park on Seventh Line W. Value of construction: $6 million.

• Rainbowrain Inc. is building a new retail store on Junction Ave. Value of construction: $911,000.

• Rainbowrain Inc. is building a new restaurant on Junction Ave. Value of construction: $1.6 million.

MUNICIPALITY OF CHATHAM-KENT RESIDENTIAL:

• Individuals are erecting a singlefamily home on Water St. Value of construction: $100,000.

• Individuals are building a singlefamily home on Magnavilla

Line. Value of construction: $300,000.

• Individuals are building a singlefamily home on Bloomington Way. Value of construction: $110,000.

• Affinity Elite Homes is building two units of a semi-detached home on Brighton Place. Values of construction: $285,000 each.

• Ewald Homes Ltd. is building a single-family home on Rosewood Cr. Value of construction: $500,000.

• Individuals are erecting a singlefamily home on Tenth Line. Value of construction: $300,000.

• Affinity Elite Homes is building two units of a semi-detached home on Brighton Place. Values of construction: $285,000 each.

• Levant Home Inc. is building a single-family residence on Valencia Dr. Value of construction:

$400,000.

• 2136615 Ontario Inc. is building a multi-unit dwelling on King St. W. Value of construction: $500,000.

• Individuals are building a singlefamily home on Thomson Line. Value of construction: $500,000.

• Individuals are building a singlefamily home on Talbot Trail. Value of construction: $280,000.

• Individuals are building a singlefamily home on Fifth Line E. Value of construction: $110,000.

• Individuals are building a singlefamily home on Talbot Trail. Value of construction: $275,000.

TOWN OF LASALLE COMMERCIAL:

• The Town of LaSalle is building a skate trail with water feature on Front Rd. Value of construction: $107,000.

TOWN OF LASALLE RESIDENTIAL:

• Clearstone Construction Corp. is building two units of a semi-

detached residence on Valerio Cr. Values of construction: $687,390 each.

• Individuals are renovating a residence on River Rd. Value of construction: $625,000.

• Clearstone Construction Corp. is building a single-detached residence on Meo Blvd. Value of construction: $904,910.

• Individuals are building an Accessory Dwelling Unit to a property on Reaume Rd. Value of construction: $223,440.

• 823821 Ontario Inc. is building two units of a semi-detached dwelling on Tom Toth St. Values of construction: $539,971 and $546,322.

• Sunbuilt Custom Homes Ltd. is building a single-family residence on Mayfair Ave. Value of construction: $775,420.

• Individuals are building an expansion on a single-family residence on Laurier Dr. Value of construction: $1,107,400.

• 1000743918 Ontario Inc. is building two units of a semidetached residence on Montgomery Dr. Values of construc-

tion: $327,116 each.

• 1000743918 Ontario Inc. is building an Additional Dwelling Unit on Montgomery Dr. Value of construction: $213,515.

• Windsorland Homes Ltd. is building two units of a semidetached residence on Huron Church Line. Values of construction: $976,790 and 1.3 million.

• Pisciuneri Construction Ltd. is building three units of a townhouse on Meo Blvd. Values of construction: $428,058, $396,536 and $ 439,400.

• Timberland General Contractors is building two units of a semidetached dwelling on Silver Leaf Lane. Values of construction: $560,015 each.

• Individuals are constructing two units of a semi-detached residence on Matchett Rd. Values of construction: $729,173 each.

• Orion Homes Inc. is building two units of a semi-detached home on Jolly Ave. Values of construction: $449,938 each.

TOWN OF KINGSVILLE COMMERCIAL:

• Del Sol Greenhouses Inc. is erecting a machine storage facility on Graham Sideroad. Value of construction: $300,000.

• Individuals are building a storage facility on Road 10. Value of construction: $150,000.

• Individuals are building a farm shop on Road 3 W. Value of construction: $180,000.

• Individuals are erecting a greenhouse on Road 2 E. Value of construction: $35 million.

TOWN OF KINGSVILLE RESIDENTIAL:

• 2818733 Ontario Ltd. is doing renovations at a single-family residence on 4th Blvd. Value of construction: $200,000.

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Does your business dashboard have warning lights?

Trick question: If your business were a car, would the dashboard have warning lights or gauges? The correct answer is gauges, because they provide incremental information, while a light is either on or off.

Business gauges are financial statements, numbers and ratios that anticipate attention. Warning lights often don’t reveal a problem until it’s too late. Let’s take a look at these two different dashboards addressing the same three issues:

Inventory warning light: Check Inventory!

This light flashes when you’re out of stock. Oh, you’ve got plenty of inventory, but it’s poorly distributed and you don’t have what customers want right now.

Inventory gauge: This is your balance sheet, which helps you see inventory creeping up in any month so you can immediately check stocking levels to get them back in line. Inventory is cash you can’t spend until a customer pays for it.

Can your cash flow wait for a light to flash before you make inventory adjustments?

Payroll caution light: High payroll!

A payroll light only comes on when this expense is already too high. By then you may have made hiring and compensation commitments you can’t justify.

Payroll gauge: The needle on the payroll gauge identifies the payroll-to-sales ratio, including a breakdown of how much you

should pay sales, management, production, et cetera.

Payroll is likely your largest operating expense. Do you want to wait for a light to flash, or manage it with the incremental movement of a needle?

Growth danger light: Excessive speed!

This light blinks when your working capital engine has reached redline operating levels. By that time, either your internal systems are over-extended, or you will have

Uncovering what drives you can drive

nancial decision-making. With our new proprietary discovery process, we’ll get to know you on a much deeper, personal level so you can make better, more informed wealth decisions. It’s private wealth management redefined at TD Wealth.

grown yourself out of business, or both.

Growth gauge: Certain financial ratios and a cash flow projections are the growth gauges that indicate if you have the working capital to expand, or if you should slow down until you’ve acquired the capital to grow successfully.

With sustainable success depending on sound growth decisions, you need the incremental immediacy of a gauge, not the vagueness of a blinking light.

Business gauges are the numbers on your financial statements and the ratios they produce. Like gauges on a car’s instrument panel, when displayed accurately and checked regularly, they move in small increments to show positive trends or alert you to a specific dangerous direction.

Astute business operators not only manage the movement of their operating gauges, but also understand the cause-and-effect relationship each gauge has with another.

Write this on a rock: Businesses that survive long-term have gauges on their dashboard, not warning lights.

Jim Blasingame is the author of The 3rd Ingredient, the Journey of Analog Ethics into the World of Digital Fear and Greed. Visit jimblasingame.com.

• Automation-Ai Ltd.

• Bullseye Construction Group • CMI Tooling & Components • Cobs Riverside Inc. • Collavino Medical Solutions & Innovations, Inc.

CORPORATISM BY JIM BLASINGAME
12 WINDSOR BUSINESS
more in-depth wealth advice. We’re redefining private wealth management James Labiak
Mark Abraham
Investment Advisor), Lori
Service Associate) At TD Wealth Private Investment Advice, we’ll uncover what really drives your fi
Abraham and Associates Wealth Management Group is a part of TD Wealth Private Investment Advice, a division of TD Waterhouse Canada Inc. which is a subsidiary of The Toronto-Dominion Bank. All trademarks are the property of their respective owners. ® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries. Mark Abraham, B. Comm. (Hons), CIM® Associate Porfolio Manager and Senior Investment Advisor Abraham & Associates Wealth Management Group 156 Ouellette Avenue, Suite 300, Windsor, ON N9A 1A4 Tel: 519-253-2193 | Toll free: 800-287-1898 mark.abraham@td.com WB WB START UPS THE FOLLOWING WINDSOR, ESSEX COUNTY AND CHATHAM-KENT COMPANIES WERE RECENTLY ISSUED CERTIFICATES OF INCORPORATION UNDER ONTARIO’S BUSINESS CORPORATIONS ACT:
(Client Service Associate),
(Senior
Seguin (Client
2
Guys Renovations & Construction Inc.
Old
Society
• Art Amherstburg
ASI
Professional Corp.
Chiropractic
Atlas Health Inc.
• Blissfulhome Cleaners Inc.
• Border City Industrial Services • Bordercitycleaning Inc.
• Cornerstone Strength & Conditioning Inc.
• Crow City Barbers Inc.
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