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Innovation Guelph’s Pitch It Finals allowed local entrepreneurs to present their businesses to a panel of angel investors and local business leaders, with the chance to win cash and prizes. The six finalists pictured inset left to right were: Mark van Berkel, Hunch Manifest; Josh Hagan, Salistera; Kelly Brooks, SpeakFeel Corporation; Kimberley Lugsdin, Kimberley's Own; Valerie Blackmore, Wyndham Forensic; and Jamie Draves, Katan Kitchens. The winners of the Pitch It event left to right were: second prize, Josh Hagan, Salistera; third prize, Kelly Brooks, SpeakFeel Corporation; and first prize, Jamie Draves, Katan Kitchens. (Photo by Natasha Persaud, Venture Guelph Publications Ltd.) www.premiumhrsolutions.com
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Businesses make the pitch Innovation Guelph recently held the 2nd annual Pitch It event, with over 100 people in attendance. Pitch It is a free workshop series open to entrepreneurs with innovative start-up businesses. Participants learn to develop a strategic framework for their business, how to articulate that framework to investors, and gain the ability to develop a narrative about their business. “The ability to develop an investor pitch is an extremely critical skill for all entrepreneurs. It allows them to convey the value proposition of their business to investors, customers, vendors, and employees,” says Anna Nguyen, Front of House Manager for Innovation Guelph. Twenty companies participated in the Innovation Guelph Fall 2012
workshops, with ten companies going on to participate in the semi-finals in October. Six companies were selected to participate in the Pitch It Finals where they were judged by a panel of angel investors and local business leaders, with the chance to win cash and prizes that they could use to build their businesses. “This is a great opportunity for new entrepreneurs in the Guelph business community. Pitch It is a chance for them to pitch to real investors, face tough questions about their businesses, and win some great prizes,” adds Nguyen. The series provides group learning as well as one-on-one mentoring from Innovation Guelph’s Entrepreneurs in Residence. Mentors, Kevin Boon, John Pickard, Sanjay Saxena, and Steve
by Heather Grummett
Barrett, shared their experience and knowledge with the business owners. Kevin Boon provides coaching and mentoring in the areas of strategic planning, marketing, sales and investment pitch development. John Pickard, a sales and marketing strategist has over 30 years experience in the consumer packaged goods, publishing and telecom industries. Sanjay Saxena has experience ranging from coaching employees to deliver productivity improvements, to working with senior leaders to develop and implement corporate risk and emergency management frameworks. Steve Barrett brings experience in raising capital, building high performance teams, managing technical development, and creating strong vendor partnerships and new reference customers.
"The principal benefits for all contestants were achieving clarity and focus for their business and crafting their story, which they’ll tell daily to recruit investors, customers and new team members,” says Steve Barrett, Entrepreneur in Residence. “Start-ups are chaotic with seemingly 1,000 important things to do every day and not enough hands. Our Entrepreneurs have been able to identify their critical priorities and articulate a vision to focus and motivate their teams." First prize in the Pitch It Finals went to Jamie Draves of Katan Kitchens. His business aims to provide pure, premium health healing superfoods to individuals who have food allergies, intolerance or indigestion challenges, enabling them to be ‘healthier today than they – continued on page 6
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Entrepreneurism is Alive and Well in Guelph The Guelph Chamber of Commerce is pleased to be a key partner in fostering entrepreneurship in Guelph. Our business network is electric with connections to help businesses of all sizes and types to embrace the entrepreneurial spirit. The Guelph Chamber of Commerce has been helping businesses to connect to each other and to resources to support business growth and prosperity since the early 1800â€™s/ so where are we at today?
Guelph helps businesses to start, grow, and thrive by offering programs and services to address the needs of entrepreneurs, community organizations, researchers and business leaders. Innovation Guelphâ€™s team of experienced advisors will help you determine which resources best match you and your product, goals, and stage of company development through programs offered by MaRS, local support, and industry research collaboration programs. The Downtown Guelph Business Association provides connections Getting Started for businesses in the heart of Guelph. The Guelph Chamber of Commerce connects businesses and business people, and The World Bank recently ranked Canada as the third easi- provides programs for peer to peer learning and works est country in the world to start a business out of 185 closely with the other business support agencies. countries (ref: http://doingbusiness.org/rankings). Once your business is registered, Guelph provides the Bizpal service, a Business Friendly collaborative effort of the City of Guelph, Service Ontario, Guelph has an incredible support network for any stage and Industry Canada. This one-stop, online service helps local businesses start up or grow by providing access to of business, with many local entrepreneurs having grown information on business permits and license requirements their businesses to becoming players on the international stage. Guelphâ€™s access to talent from our leading school from all three levels of government. The main goal of BizPal is to make it faster and easier for entrepreneurs to board, college, and university networks has long been a get started by simplifying the time consuming document key strength for our businesses. Guelph is also becoming a research process. Bizpal can be found on Guelph.ca under landing site for newcomers to Canada who bring diversity to our talent, and connections to other parts of the Business Licenses. world. The coffee shops, restaurants, and many cultural Getting Going attractions give Guelphites a place to connect and build friendships. Guelph is a friendly placeâ€“a great place to Since 1999, the Guelph Wellington Business Enterprise meet peopleâ€“and a great place to do business. Centre has been helping business startup, early growth businesses, and self-employment. Through the support and Business Growth in 2013 continued commitment of the Municipal, Provincial and The Guelph Chamber wants to make 2013 a breakthrough Federal Governments, Centre Staff, Board of Directors, year for your business. Connect to us and we will help Founding Partners and Corporate Sponsors, GWBEC has you to make the connections to make this happen. Happy been able to provide direction and assistance to people who are starting or operating small businesses. Innovation New Year!
The Chamber helps strengthen Guelphâ€™s â€˜creative advantageâ€™ âˆ’ The Guelph Cultural Mapping Project develops important strengthening toolâˆ’ Successful cities have long identified the cultural sector as the fourth pillar of sustainability and prosperity. As cities compete to gain the kind of â€˜creative advantageâ€™ that generates jobs, attracts talent and drives a strong economy, Guelph needs to strengthen its â€˜creative chopsâ€™ in order to jump to the front of the line.
Access to comprehensive cultural data is foundational to the strengthening process; thatâ€™s why the Guelph Chamber of Commerce is partnering with the City of Guelph and Guelph Arts Council on the Guelph Cultural Mapping Project to developâ€“for the first timeâ€“an inventory and database of Guelphâ€™s cultural assets. The Cultural Mapping project will: â€˘ identify and record Guelphâ€™s artists, creative entrepreneurs and enterprises, culture workers, events, cultural organizations, volunteers, creative spaces, venues and public art â€˘ turn the collected data into a searchable online cultural directory incorporating interactive maps, profiles, images and stories that will be freely available to the public.
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VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
The Cultural Map will be used to: â€˘ SEARCH for information â€˘ CONNECT people â€˘ HARNESS resources â€˘ PLAN Guelphâ€™s future The Cultural Map will help to: â€˘ BROADEN our networks â€˘ CONNECT creative initiatives â€˘ CAPTURE our diversity â€˘ SPUR collaborations â€˘ LINK to Connect Guelph â€˘ SUPPORT Guelph Prosperity 2020 To capture Guelphâ€™s creative assets, we need everyone to stand up and be counted. Thatâ€™s why Iâ€™m inviting all Chamber members linked to arts and cultureâ€“either through business or personal interestâ€“to help populate the database by creating their own profile, in three easy steps: 1) Visit www.guelph.ca/guelphculturemap 2) Complete the online form 3) Click â€˜SUBMITâ€™ Our business sector has greatly benefited fromâ€“ and contributed toâ€“Guelphâ€™s creative and cultural vibrancy, its quality of life and sense of place. By strengthening our â€˜creative advantageâ€™, Guelph will be poised to jump ahead of the competition as a premier place to live, work and build successful businesses. Lloyd Longfield, President and CAO Guelph Chamber of Commerce
Chamber Around Town: Skyjack
Company Profile Modesty, Courtesy, Integrity, Self-Control, Perseverance, and Indomitable Spirit: Celebrating 20 Years of Sealy Karate School In 1991, Sealy Karate School (SKS) first opened its doors in Guelph, Ontario, under the direction of Shihan Kevin Sealy, a Sixth Degree Black Belt and lead singer of metal rock band, Persist. Providing a unique combination of karate and Brazilian jiujitsu, SKS teaches self discipline, respect and strength, to students through the karate kata system and equips students with self-defense abilities through jiu-jitsu methods.This blend of martial arts represents one of the most complete systems of training available, and sets Sealy Karate students apart for their comprehensive skills sets. Since its inception, SKS has trained more than 200 black belts and hundreds of students of all ages in martial arts skills and personal excellence. In September 2011, Sealy Karate School celebrated its 20th Anniversary of providing excellence in martial arts training, and Shihan Kevin and the staff and students of SKS look forward to 20 more years!
New Members FireHorse Consulting Inc. www.firehorseinc.ca
RTI Machine Design www.rtimachinedesign.com
Genre Media Inc. www.genrecon.com
Sanimax Marketing Ltd. www.sanimax.com
GHC Safety and Security www.ghcsafetyandsecurity.com
Savoir Faire VAS www.SavoirFaireVAS.com
Guelph Royals www.guelphroyals.com
SEAZNTIME Business Solutions www.seazntime.com
Guelph Tool Repair 519-993-3150
Solar Trends www.solartrends.ca
RAFFI Jewellers www.raffiwaterloo.com
UniglassPlus Ziebart www.uniglassplus.com
Elite Cleaning Group www.ecleangrp.ca
Re-Gain Health Care Products www.regainhealthcareproducts.com
Western Union Business Solutions www.business.westernunion.com
Aerotek www.aerotek.com Anna Cobian Designs annacobiandesigns.com Applied GeoLogics Inc. www.appliedgeologics.com
Upcoming Events Lunch and Learn Economic Benefits of Charitable Partnerships and Volunteerism
8:30 a.m. - noon Innovation Guelph 111 Farquhar St., 3rd Floor
Marissa Teeter, Skyline Wealth Management Inc., Glenna Banda, Children's Foundation of Guelph Wellington Wednesday, January 9, 2013 12:00 p.m. - 1:30 p.m. Cutten Fields 190 College Avenue East
Pulse on Innovation Breakfast Crop Protection & Production
Breakfast Academy Employee Morale
Sylvia Plester-Silk, On Purpose Consulting Friday, January 18, 2013 7:00 a.m. - 9:00 a.m. Holiday Inn Guelph Hotel & Conference Centre 601 Scottsdale Drive Business After Five Metalumen Manufacturing Inc.
Tuesday, January 22, 2013 5:00 p.m. - 7:00 p.m. 570 Southgate Drive Seminar Series Sales Workshop–Get and Keep More Customers with Ease
Sherri Griffin, DeliberateU Wednesday January 30, 2013 Upcoming CMA Information Sessions Guelph Chamber of Commerce April 20, 10:00 am – 11:00 am May 18, 10:00 am – 11:00 am June 18, 3:30 pm – 4:30 pm To register, please visit http://forms.cma-ontario.org/infosessions/ To learn more about the CMA designation contact: Dana Gies, MBA, CMA at email@example.com or visit www.becomeacma.com.
Lorne Hepworth, CropLife Canada Thursday, January 31, 2013 7:30 a.m. - 9:00 a.m. Delta Guelph Hotel & Conference Centre 50 Stone Road West Breakfast Academy Managing the Baby Boomers' Retirement
Sean Lyons, Department of Business, University of Guelph Friday, February 15, 2013 7:00 a.m. to 9:00 a.m. Holiday Inn Guelph Hotel & Conference Centre 601 Scottsdale Drive Business After Five Guelph General Hospital
Tuesday, February 26, 2013 5:00 p.m. to 7:00 p.m. 115 Delhi Street
For more information on these and other events please visit www.guelphchamber.com
Atlas Tax Consulting www.atlastax.ca Beneficial Insectary www.insectary.com
Steve Mills Design Hanlon Convention Centre www.stevemillsdesign.com www.hanlonconventioncentre.ca Steven Muralt Captured by Kristin Photography Newborn Photography Mary Kay Cosmetics www.stevenmuraltphotography.com www.capturedbykristin.ca Abbey Martin www.marykay.ca/abbeymartin/ College of Management TD Canada Trust and Economics Students' Nick Bergmann, Century www.tdcanadatrust.com/msf/ Association www.cmesa.ca anuluthra 21 Home Realty Inc. www.century21.ca/nick.bergmann Costco 519-650-3330 Thee Corn Stand & Northern Hardwood CpK Interior Products Inc. Planet Realty Inc., www.northernhardwood.ca Brokerage www.planetrealty.ca www.cpkip.ca Burley & Griffin Industrial Inc. 519-763-9545
Finlay Electric www.finlayelectric.ca
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ǣ ͕-͜͜͜-͗͜͜-͕͗͗͗ December 2012 page 3 VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
Business to Business Publisher’s message It’s that time of year! You have in your hands the last issues of Business Venture AND the Activity and Events Guide for 2012. Lots of great things happened this year here at VGP Ltd. We created a new website, introduced our products to more people due to an increased sales staff, hired ourselves a new photographer, and published our second annual Guelph’s Citywide Christmas Guide. We pride ourselves on a diverse distribution of all our publications through door-to-door delivery, multiple copy pick-up locations, over 200 single copy locations, our website, Facebook, and a business-to-business mailing in Guelph, Fergus, Elora and Rockwood. Moving forward–this combined issue of Business Venture and the Activity and Events Guide is something we plan on
Profiles, Technology, Legal, News & Announcements
doing each December. This gives our business advertisers an increased circulation of 15,000 copies of Business Venture. Plus, it gives us the opportunity to introduce the Activity and Events Guide to the businesses that receive Business Venture through Canada Post delivery. Now we’ll shift gears and work on what we hope will be another successful year here at Venture Guelph Publications Ltd. 2013 marks the 20th Anniversary of Business Venture. I have to take a moment to thank Dick Broadwith, Linda Craig, and Jennifer Mackie for coming up with the idea and laying the groundwork for what has turned out to be a successful and truly local business publication. Lots of things are planned for Business Venture in 2013. We’ll be looking back at past issues, offering advertising specials and introducing many new components to the publication itself-stay tuned.
Life after high school: A hands-on approach
Remember, we’re local folks. We not only work here~ we live here, play here, volunteer here, and support our local businesses and clients whenever we can. It’s made us what we are, and hopefully in some ways we’ve made your lives and your businesses a little bit better by getting to know us. This Christmas, take a moment to give thanks and spend time with friends and family. Be sure to perpetuate the “random act of kindness” ideal throughout the holiday season and on into the New Year. Have a safe and happy holiday season and a great 2013. Mike Baker, Publisher Venture Guelph Publications Ltd. Guelph, Ontario firstname.lastname@example.org www.ventureguelph.ca
Welcome Wagon hosts first New to Business Reception
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Welcome Wagon recently hosted their first New to Business Reception at Innovation Guelph. New Business Owners, Managers and Professionals as well as Business Professional Welcome’s sponsors were invited. The event was organized and hosted by Anja Gangur who has been with Welcome Wagon for almost ten years and enjoys serving her community. The Guelph Business Professional Welcome program was started in June of 2012. Anja Gangur visits approximately 15 new business owners, managers, professionals and executives every month, but expects the program to expand to 20 to 25 visits. Mayor Karen Farbridge as well as Chamber President Lloyd Longfield and Kristel Manes, Director of Innovation Guelph were present at the event. They all agreed that Welcome Wagon’s new program is a great asset to the city and the Chamber of Commerce. During her visits, Anja presents a letter from Mayor Karen Farbridge congratulating the visit recipients on their new position. She also introduces the Chamber of Commerce, the Guelph Wellington Business Enterprise Centre, the Better Business Bureau, CFIB and brings greetings from MP Frank Valeriote. The program is sponsored by local businesses such as an accountant, bookkeeper, printer, promotional company, employment benefits company, and many more. The event provided an opportunity for networking and discussion of challenges and solutions amongst the business owners, managers and professionals.
Printing- a community partner of the programas well as, develop communication solutions for real clients. The program develops a high level of skill in the area of graphic (print) communications, business, marketing or related field. The course consists of approximately 2.5 hours daily of “in studio” time. The lab and course delivery is designed to emulate what students will experience when working in the field including: SHSM has become a common acronym with 1. Regular client and project briefings not only students but many employers and post 2. Managing project information through secondary institutions. SHSM’s (Specialist High appropriate, “industry relevant” management Skills Majors) allow senior students to focus on protocols such as: docket sheets, time sheets a career path that matches their skills and interand direct client contact by email ests. Successful completion of the course bun3. Managing time through record keeping and dles earns the students an SHSM's seal on their time sheets diploma and real world knowledge of their “The upside for the students in a program like industry of choice. this is significant,” says coordinator and teacher “The Specialist High Skills Major programs Chuck Temple whose background was in art offer students a significant advantage whether direction prior to teaching. they are headed for an apprenticeship, the world “Our students are obligated to real world conof work or a post secondary institution,” comditions. Real jobs with real parameters. Plus, ments Don Drone, Director of Education for they walk out of the program with a portfolio the Wellington Catholic District School Board. loaded with great projects,” he says simply. The SHSM program for Information & For more information about becoming a client,please Communication Technology at Bishop contact Rob DellaCroce or Chuck Temple Macdonell High School is one example. at the school. “It operates like a business,” says Rob DellaCroce, one of the program’s coordinators and the school’s Vice-principal. Students work on projects that meet the needs of the school and district, they shadow projects that have been processed through M&T
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The Media release
University of Guelph
U of G ranked Most Inventive University in Canada
The University of Guelph is Canada’s most inventive university, according to a new survey. Guelph ranks No. 1 both in the number of inventions per faculty and in the number of inventions in proportion to research funding. “This is well-deserved recognition for our faculty and researchers,” said Kevin Hall, vice-president (research). “It’s a tribute to the excellence of their work and their creativity, innovativeness and skill.” The survey, conducted by The Impact Group, calculated inventiveness in two ways: number of inventions per fulltime faculty and inventions per million dollars of research funding. Researchers are required to disclose to their institution all ideas emerging from their research with commercial potential. On average, Guelph researchers produce 0.158 invention disclosures each, or about one disclosure per six faculty positions. That is twice the national average of 0.048. Queen’s University had 0.1 disclosures per faculty; the University of Victoria had 0.097. Other universities in the top five by faculty are McGill
University at 0.071 and École de Technologie Supérieur at 0.068. Guelph also came out on top in cost per invention. U of G researchers produce one invention disclosure for every million dollars of research funding received. That is 50 per cent more than the next-closest university, the University of Victoria, with one invention disclosure per $1.49 million of funding. Other universities in the top five by income are École de Technologie Supérieur (one invention for every $1.79 million of funding), St. Mary’s University (one per $2.25 million) and the University of Manitoba (one per $2.26 million). Guelph’s No. 1 ranking in both categories speaks to U of G’s effectiveness at working with industry to turn research into new knowledge and applications, Hall said. “Not only do we want to make discoveries, but we also want to put those discoveries to use in finding solutions to challenging issues,” he said. “So moving research knowledge out of our classrooms and laboratories and putting it to use to benefit
people’s daily lives is our overarching goal.” He added that Guelph aligns its research with provincial and federal innovation agendas, and works via the Catalyst Centre to link U of G expertise and resources with the research and development needs of industry and entrepreneurs. “The ranking shows that a medium-sized university with a carefully co-ordinated team can thrive in this environment.” Nearly all universities must disclose inventions, allowing for equitable comparisons of inventiveness among institutions. Patent applications are a more costly measure that discriminates against lower-funded universities, according to the survey. The Impact Group, an independent national consulting firm, tracks research activities of Canadian companies, universities and governments. Its sister company, RE$EARCH Infosource, publishes an annual ranking of Canada’s top research universities.
Summerlee receives International Quality of Life Award Humanitarian work in Africa and his contributions to higher education and science have earned a prestigious award for University of Guelph president Alastair Summerlee. He received the 19th annual International Quality of Life Award from Auburn University during a ceremony at the United Nations in New York City on Dec. 3. Created in 1994 during the United Nations’ International Year of the Family, the award recognizes significant and lasting contributions to individual, family and community well-being, locally and globally. Previous recipients include Nobel Prize winners Desmond Tutu
and Norman Ernest Borlaug; former American Secretary of State Madeleine Albright; Millar Fuller, founder of Habitat for Humanity International; and Catherine Bertini, director of the United Nations World Food Program. “I am proud and humbled, and truly grateful for the award,” Summerlee said. “I have been fortunate to be in the right place at the right time to help make a difference. Many others are doing more every day, and there is so much more work to be done.” Summerlee is known as an “innovative teacher, internationally acclaimed scientist, visionary administrator and passionate
humanitarian,” said June Henton, dean of Auburn’s College of Human Sciences. In particular, the award recognizes the U of G president’s efforts to improve access to education for girls and women in the Dadaab famine refugee camp in Kenya, and his six-year term as chair of the World University Service of Canada, one of the country’s leading international development agencies. The award also honours U of G’s leadership in civic engagement and volunteerism, and Summerlee’s award-winning teaching and research.
At the University of Guelph . . .
Ingenuity Matters! Best Return on Investment in Canada Best Return on Investment in Canada The University of Guelph is Canada’s most inventive university. The University of Guelph is Canada’s most inventive university. Guelph ranks No. 1 both in the number of inventions per faculty and in the number inventions proportion to inventions research funding, according Guelph ranksofNo. 1 both ininthe number of per faculty and in to a new surveyofby the Impact Group. the number inventions in proportion to research funding, according to aInnew by invention the Impactdisclosure Group. rate is twice the national average, fact,survey Guelph’s andfact, we Guelph’s have by invention far the lowest cost-per-disclosure ratenational in the country. In disclosure rate is twice the average, and have by because far the lowest rate ininfrastructure the country. and This we is possible of ourcost-per-disclosure world-class researchers, visionary partners, including theworld-class provincial and federal governments. This is possible because of our researchers, infrastructure and visionary partners, including the provincial and federal governments. Investing in the University of Guelph makes sense for your business future and your in bottom line. d Investing the University of Guelph makes sense for your business future and your bottom line. www.uoguelph.ca
www.uoguelph.ca December 2012 page 5 VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
Pitch It–continued from page 1 were yesterday’. His current focus is to create a local industry for quinoa production. Second prize was awarded to Josh Hagan from Salistera, who has developed a mobile platform that helps companies drive actionable safety information. The result is fewer injuries and increased productivity. To accomplish this, Salistera provides customers with mobile-based safety activities such as audits, inspections, and job observations, as well as the drill down analytics to analyze and quickly react to the incoming information. Third prize was presented to Kelly Brooks of the Speakfeel Corporation. With offices in Toronto and Guelph, SpeakFeel delivers mobile applications and web-based solutions to North America. They have created over 500 apps since 2009 and have developed high profile mobile technology for brands and consumers such as the University of Waterloo, TorStar and RIM. The runner up finalists were: Kimberley's Own, a versatile artisanal gourmet granola that is free of gluten, wheat, soy, corn dairy, refined sugars, oil or water; Hunch Manifest Inc, founded with the goal of using innovative technology and design methods to reveal sustainable resources for homeowners and their community; and Wyndham Forensic Group Inc, a privately-owned, independent company committed to providing solutions to forensic challenges in Canada and internationally. “Guelph is full of innovation and these Pitch It finalists proudly showcased their new companies and the variety of exciting new ideas growing in our City,” says James Doran, Chief Operating Officer for Innovation Guelph. Judging the finals were Chris Chipman Manager Business Tax Incentives Group, Ernst & Young LLP; Karen Grant - Executive Director, Angel One Investor Network; Randall
Howard - General Partner, VERDEXUS; Rob Scully - Investment Manager, MaRS Investment Accelerator Fund; Sandy Robertson - Founder & Managing Director, Georgian Angel Network; and Will Mactaggart - Investment Advisor, Macquarie Private Wealth Inc. "I was very impressed by the quality of the companies that competed at the Innovation Guelph Pitch It Completion. Picking the top three companies was quite a challenge,” said Karen Grant, Executive Director, Angel One Investor Network. “At the end, the judges chose companies that have strong and unique value propositions in terms of intellectual property, markets and leadership. The three company founders were very impressive." The next Pitch It workshop series begins in April 2013. Watch Innovation Guelph's newly redesigned website - www.innovationguelph.ca for all the information.
business to business | homes and lifestyles 2012–The opinions and stories that appear in the columns of Business Venture are for information purposes only. Statements and opinions within the pages of Business Venture are those of the writers and do not necessarily represent those of the publisher, advertisers or Venture Guelph Publications Ltd.
519-824-1595 Mike Baker, Publisher firstname.lastname@example.org www.ventureguelph.ca 2 Quebec Street unit 232 Guelph Ontario This issue: 16 pages and an 8 page Activity and Events Guide insert only. Printed by McLaren Press Graphics Ltd.
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Durose Manufacturing receives $73,000 rebate for energy-efficient retrofits submitted by Guelph Hydro Electric Systems Inc.
Durose Manufacturing, one of Guelph’s oldest metal fabricators, recently received more than $73,000 for energy-efficient system upgrades made through the saveONenergy RETROFIT PROGRAMOM, available through Guelph Hydro Electric Systems Inc. and the Ontario Power Authority. Durose Manufacturing was founded in the 1940’s as a small welding and machine repair shop. From dirt floors and doors that “a cat could fit under,” Durose Manufacturing has grown into a large fabrication, machining, welding, and finishing operation with 105 employees working out of a 139,000-squarefoot plant. Some of their more recognizable work includes the roof of the Georgia Dome in Atlanta, Georgia, Olympic stadium in Rome Italy, Atrium at the Roosevelt Field Mall and Rockefeller Center in New York City, and the Home Depot Soccer Stadium in Carson, California. Durose operates more than 20 hours a day, processing and fabricating metal for a variety of industries including architecture, nuclear, forestry, mining, and oil and gas. A resilient organization, Durose has survived three recessions, and management is always looking for opportunities to save money. After hearing about the saveONenergy RETROFIT PROGRAMOM, they called Guelph Hydro to learn more. Through the RETROFIT PROGRAM, Durose underwent an energy audit and discovered that they could realize improved operational and energy efficiency by making upgrades to their manufacturing processes. By switching from raw material that required blasting and cleaning; to a special coated metal when fabricating and converting to a self-contained post cleaning process that reclaims the water and phosphate they use, Durose was able to decrease their energy consumption significantly. Durose’s had originally been running the blasting machine for up to 19 hours per day and the new cleaning process cuts time from 1.5 hours to a mere 14 minutes.“The shot blaster
used to be running constantly,” says Angelo Maggiolo, President of Durose.“Now we use it maybe four or five hours a day.” Coupled with lighting upgrades, the process improvements garnered Durose a $73,327.39 rebate through the RETROFIT PROGRAM. The RETROFIT PROGRAM is offered through local electricity distribution companies like Guelph Hydro and funded by the Ontario Power Authority, providing businesses with substantial financial incentives for replacing existing equipment with high-efficiency equipment and for installing new control systems that will improve the efficiency of operational procedures and processes. Local businesses interested in conducting their own retrofit project are encouraged to contact Guelph Hydro for direction on how to proceed. For more information about the RETROFIT PROGRAM, visit www.guelphhydro.saveonenergy.ca or contact Guelph Hydro Electric Systems Inc. at 519-822-1750 (ext. 2240) or via email at email@example.com. Funded by Ontario Power Authority and offered by Guelph Hydro Electric Systems Inc. Subject to additional terms and conditions found at saveonenergy.ca. Subject to change without notice. OM Official mark of the Ontario Power Authority. Used under licence.
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Durose Manufacturing recently received $73,000 from Guelph Hydro Electric Systems Inc. and the Ontario Power Authority. Pictured from left to right are: Mark Britton, Energy Services Representative Guelph Hydro; Martino Maggiolo, General Manager Durose Manufacturing Ltd.; Angelo Maggiolo, President Durose Manufacturing Ltd.; and Kazi Marouf, Chief Operating Officer Guelph Hydro.
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Lifestyles Media release
Health, Arts & Trends
Rotary Club of Guelph Trillium awards Scholarships
The Rotary Club of Guelph Trillium honoured eight students with their annual Fred Black scholarships on Wednesday, November 7 at the club meeting hosting both the award winners and representatives from each of their schools. Seven High School students received $500 each and one University of Guelph Student in the Marketing Co-op Program received $1000. Fred Black was a Rotarian who was instrumental in helping form the Guelph Trillium Rotary Club. “This annual scholarship is honouring Fred’s contributions to the birth of the Guelph Trillium
Club,” explained Peter Moore, club historian. Gregg Mitchell, chair of the Fred Black Scholarship program, told the recipients that, “the scholarship was originally only one award for all high schools, but grew to include one for each local high school thanks to the success of the club’s annual fundraiser Ribfest.” Ribfest is held the last weekend of August at Riverside Park and this year celebrated its 15th year. The recipients of the 2012 scholarships: • University of Guelph Scholarship Marketing Co-op Scholarship Recipient: Laura Donaldson
Workplace Wellness works Interest in workplace wellness initiatives is growing. Corporations big and small are recognizing the benefits of offering programs to meet the wellness needs of their company and employees. Wellness programs are designed to improve employee productivity and morale in today’s demanding workplace, while decreasing disability and health care costs. Since 1979, WellServe Health Care Management has provided occupational health and safety and wellness services to help create a proactive work environment and to minimize employee absenteeism. Workplace seminars and ‘lunch and learn’ sessions are a great place to start when it comes to promoting healthy lifestyle choices and disease prevention. Every organization’s circumstances and needs are different. Employee surveys are a great place to start in helping to discover the most significant health related issues affecting your company. A tailor-made wellness program can be put into place. By surveying employees you
by Anna Bartolomucci
can assess their needs, implement appropriate program(s), evaluate, modify and continue the program as desired. Workplace wellness programs are beneficial to each participant’s health and wellbeing. The employee benefits from increased awareness of illness and injury prevention, increasing productivity, effectiveness, morale and job satisfaction. The employer benefits by attracting and retaining employees, reducing absenteeism and health care costs, and contributing to a happy and healthy work environment, while improving their own bottom line and remaining competitive. Workplace wellness is a win-win situation! This is a great time of year to learn more about how your organization can implement Wellness programs in time for 2013. Anna Bartolomucci RN, WellServe Health Care Management, 519-837-3896 Ext 17, email@example.com
• • • • • • •
Centennial CVI: Hannah Metcalf John F Ross CVI: Hayley Savage College Heights Secondary School: Donny Adams St.James High School:Victoria Wozniak Guelph CVI: Kelsey Flett Bishop Macdonell CHS: Odessa Cherubin Our Lady of Lourdes CHS: Kerstin Hawco Award winners are chosen by a representative from each of the schools who are identified by not just good academic record, but by excelling in community involvement, sports or club participation and voluntary service. The award is designed
for students who are enrolling in Community College, with the exception of the University of Guelph Marketing Co-op Scholarship, as there are far fewer scholarships for the college bound. The wording of the requirements allows the schools to choose students who are not necessarily recognized for other efforts, but are well-rounded future leaders. The Rotary Club of Guelph-Trillium was officially chartered in October 1991 and is entering its 21st year with almost 60 members.The club meets Wednesdays at 7:00 a.m.at Cutten Fields,190 College Avenue,East.
Media release GiveBackVillage.ca launches
new e-commerce site to support local non-profits GivebackVillage.ca, a newly established non-profit social enterprise serving Guelph and Wellington County, recently launched their ecommerce website, thanks to the support of over 50 local non-profit organizations, dozens of corporate and retail partners, and a $101,000 grant from the Ontario Trillium Foundation (OTF). MPP for Guelph, Liz Sandals, joined OTF representative Molly Kriksic in congratulating the GiveBackVillage.ca Board at the official launch held at Innovation Guelph. “This grant is an investment in our community’s well-being. I’m delighted to see so many nonprofit organizations and businesses coming together in this entrepreneurial way to support the operational costs of our local non-profits. The importance and value of their work to our community cannot be overestimated,” remarked Ms. Sandals. Joanne Grodzinski, Chair of GiveBackVillage.ca, commented to approximately 70 guests, as she cut the ‘virtual ribbon’ and launched the site: “We
are so very grateful to all of our community partners who are working together to help us launch this unique social venture in our community. We know that the public will embrace the concept of social purchasing by shopping online, and, at the same time, support their own neighbours. We are thankful to all of our supporters, and especially to the Ontario Trillium Foundation, for their commitment to social innovation.” GiveBackVillage.ca is an online marketplace where you can purchase many of the local products and services you want and need at a discounted price. All of the items found on the site are produced by Guelph and Wellington’s nonprofit community or provided by local businesses. Through a transparent granting process, all of the surplus funds raised from this social enterprise are donated back to our community’s local charities and non-profit organizations. It’s a unique social shopping experience benefiting all of us. For more information, visit www.givebackvillage.ca
Educating for Life WellServe offers WellServe off ffe ers a full full suite suite of services services ranging ranging g from from Medical Medical Assessment, Assessment, Treatment Treatment and Case Case Management, Manag gement, tto o P revention and C om mpliance. Our Our services services help corporate corporate clients clients become become more mor m e efficient efficient and profitable profitable through through Prevention Compliance. impr oved employee employee health, attendance attendance and p roductivity. improved productivity. W ith o ver thr ee dec cades of multi-sec tor eexperience xperienc i e in O ccupational Healt th and M edicine, W ellServe has ear ned the With over three decades multi-sector Occupational Health Medicine, WellServe earned and individuals that trust of the many many companies companies o that have have been served. served.
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110112 Woolwich Woolwich Street Street 110-112 Guel ph, Ontario N1H 3V2 Guelph, Tel Fax 519-837-1916 T e el 519-837-3896 5 519-837-19 916 Toll 1-888-664-4266 T o oll Free Fr F ee 1-888-664-426 6
1315 Bishop Str Street, eet, Suite 201 Cambridge, Ontario o, N1R 6Z2 Ontario, Tel T e el 519-622-6788 Fax F 519-622-9115 Toll T o oll Free Free 1-888-922-6788 1-888-922--6788
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75 Woolwich St., Guelph, Ontario N1H 6N6 Phone: (519) 821-4600 • Fax: (519) 824-3088 www.wellingtoncdsb.ca
Business to Business Can employers spy on their employees? by Carol VandenHoek Recent media attention to a large Toronto law firm’s use of fingerprint technology to monitor the comings and goings of their employees brings into the spotlight the privacy expectations of employees versus the rights of employers. Many employees may be surprised at the lack of privacy laws addressing their right to privacy in their workplaces. The context of the action, including the reasonableness of the employer’s concerns leading to the activity, will generally be examined in determining the propriety of the employer’s conduct. Simply put, there is no encompassing ‘right to privacy’ for employees. Each type of action by an employer, which may give rise to privacy concerns is considered on a case by case analysis. The Supreme Court of Canada’s recent decision in R. v. Cole confirms the employer’s right to monitor computer systems for inappropriate usage while addressing employee’s expectations of privacy. Employers have the ability to monitor workplace computers and networks but are
faced with concerns about reasonable limits on such activities. The Supreme Court of Canada decision was in the context of a criminal matter but does provide some guidance on the issue given the facts of the case. As a result of this decision the importance of having policies for the use of workplace computers, especially when employees are permitted personal use of such computers, is emphasized. The existence of such a policy is an important factor in considering the privacy issues and reasonable expectations of the players. In addition to the policy, education programs and compliance monitoring are required to remind employees about the workplace policies. The continued blurring of personal and professional boundaries, together with the increasing and ever evolving use of social media, compound the challenges faced in our workplaces. Carol S. VandenHoek,Partner with Miller Thomson LLP focusing on Employment Law and Estate Litigation. 519-780-4632 or firstname.lastname@example.org.
On Co-op, connecting local co-operatives by Heather Grummett The Ontario Co-operative Association (On Coop) is a trade association for 1300 co-operatives across Ontario, representing 85% of the English speaking co-ops and credit unions in Ontario. Most On Co-op members are Federations of Co-ops, who oversee various businesses, each with numerous members within them. On Co-op is a co-operative with a mission to lead, cultivate and connect the co-operative sector. The Association does that by: Providing a common table - By allowing members to speak with one voice, On-Co-op brings
issues of importance to government. Communication - Co-ops are formed to sieze local opportunities and they operate independently, often not interacting with co-ops in other sectors. On Co-op brings diverse co-ops together through networking, professional development, and sharing of best practices through reciprocal mentoring. “Through reciprocal mentoring perhaps a large business can lend advice to a smaller business, or an established business may gain a new perspective from learning how an emerging business operates,” –continued on pg 11
Profiles, Technology, Legal, News & Announcements
JA Guelph Wellington is helping to grow the business spirit in Guelph Wellington! Junior Achievement Guelph Wellington is looking for 75 volunteers to bring financial literacy and entrepreneurial programs to our local youth. For over 55 years, as the largest youth education organization in Canada, Junior Achievement (JA) has been inspiring and preparing more than 4 million youth to succeed in an ever-changing global economy. Last year alone, more than 226,000 students, in 400+ communities, benefited from JA programs that were delivered by over 13,500 dedicated business mentors who presented in excess of 232,000 hours of instructional time. “Junior Achievement is about volunteers igniting and engaging the student’s mind. As a volunteer and a parent I can attest to the power of these programs.” “My daughter was diagnosed with ADD at the age of 9. She found it challenging to pay attention in school....things learned where easily lost and not retained. She came home from school one day and proceeded to tell me to the very detail about the Economics for Success program that she had participated in that day. She had even remembered the name of the Junior Achievement volunteer. This I thought...has got to be a good thing.....sign me up! If this program could impact one child then that was my inspiration to try and
make an impact on other children. I have been a volunteer for Junior Achievement for over four years and now sit on the Board of Directors for Junior Achievement Guelph Wellington. I have delivered over 12 EFS Programs which equals approximately 300 students.” Holly LaFontaine – JA Volunteer and Parent, Guelph Since 1983, JA programs have been offered in Guelph Wellington. JAGW offers a suite of programs to learn about business world practices, on a volunteer basis and with real results. Programs are facilitated by business professionals, who volunteer their time and are trained in the course materials. These volunteers bring current business know-how to the students' learning experience. There is no charge to the schools or students to access these offerings. Instruction materials are purchased with the funds contributed by businesses, service organizations and citizens. JA is the successful link between education and the business world, giving youth the confidence and knowledge they need to define personal success, enhance their workforce readiness and pursue their dreams. JA inspires youth to make informed, educated and knowledgeable financial decisions, start companies, develop career plans and express their innovative spirit. To further ignite the spirit of business in Guelph Wellington please contact us at 519-835-1140 or visit www.guelph-wellington.jacan.org
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Junior Achievement Guelph/Wellington
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Business of Downtown
Downtown: there is much good here to work with by Marty Williams, Executive Director, Downtown Guelph
The view from the sixth floor of the newly rebuilt Gummer Building in Downtown Guelph is spectacular. You can see most of the city from there. You can see the Evergreen Senior Centre, the General Hospital, the University and beyond. But the view I like the best is the one of the city core rooftops. If you didn’t know better you might think that you were looking at an old European City. It’s so quirky, as unique as a fingerprint, delightfully chaotic and, somehow beautiful. You don’t notice it from the street as much, or maybe you just get used to it, but when you see it from above you can really take in the immense testament to the effort of city building the view represents. 185 years of blood, sweat and tears. From above you can see the booms and busts, the fits and starts, the rough-hewn city patched together. Parts of it were once torn down or burned down and rebuilt–parts of it steadfast and unchanging. And it makes me happy and proud to be a part of it all. In my travels around town, most people I talk to want to be city builders. One way or another they want to make Guelph better. It’s true that some focus on what we lack, on the problems we have, and complain that other people and entities aren’t doing what they should to get us where we need to go. Others take a sunnier approach and rather than cast aspersions they acknowledge that there is much good here to work with and urge people to do what they can to make it better. People ask me why we need to pay attention to Downtown, why we need to put in place conditions that will spark economic activity, or why we should help iron out the complexities of city building within an historic and environmentally complex environment? I say it’s because a prosperous Downtown is vital to the economic, cultural and social health of the whole city. It’s not everything or the only thing, but it plays an important role. Downtown is the largest commercial node in the city. It is the centre of civic life, the hub of the transit network, and the home of the vast majority of social services. All of this contributes to the health of Guelph. It is also a beacon for all kinds of economic development. A vibrant Downtown is one of the things that attract business to Guelph. Look at it another way and consider this: Mississauga wants what we have. After decades of malls and sprawls they are trying to create a downtown that has the sort of look and feel we possess in abundance. Some people think that Downtown Guelph is simply a
historic curiosity–a sort of living museum of what commerce once was. They say that ship has sailed so get over it. They miss the most important point about what’s going on here. Sure, the commercial landscape has changed, but the ace up the Downtown sleeve is the unique shopping experience that cannot be replicated in other formats. We are lucky that the historic fabric lends itself to oneof-a-kind dining, services and retail. Many of our storeowners work in their stores and are deeply connected to their customers. Talking to somebody who knows their business intimately makes the experience of shopping Downtown something unique and enjoyable. An experience cannot be supplanted by online shopping or large format retail or national chains. That is an incredible strength to have.
working there, bringing new life and vitality to Douglas St and St. George’s Square. There will be exciting new retail options–including another great new restaurant. Jerry Garcia–late of the Grateful Dead–said of his band what we might also say of Downtown Guelph: “we’re like licorice, not everybody likes licorice but those that do really do.” People seeking the unique want to live here–they want to shop and dine here–they want to discover what expert service is like. From that view on top of the Gummer Building, I can see a new wave of progress and prosperity coming into the city centre–great news for all of Guelph.
Here are a few more positive signs: • The new condominium apartment building beside the Cooperators tower is now over 70% sold; a very strong sales ratio right out of the gate. Sales at the Market Common on Gordon at Waterloo are also very good and there is construction activity on both sites. • The recent MPAC Assessments show Downtown as one of the few areas of the city whose real estate value rose above the average. That means that commercial activity has improved and the properties will be contributing even more to our tax base. • The City has agreed to bring more bus routes back through the core. As of December 2nd there are now 6 outbound and 7 inbound buses that stop at St. Georges Square. Service levels demanded the change; people want to get here. • New businesses are opening. Ox restaurant on Quebec is both fantastic and fantastically popular. • Also, the re-animation of the Gummer building. Soon hundreds more people will be living and
December 2012 page 9 VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
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December 2012 page 10
VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
New Homes, Residential & Commercial
RiverHouse Condominiums–destination of choice for Guelph There’s a transformation underway in the city of Guelph, and RiverHouse Condominiums is right in the midst of it. In a city where progress and growth is apparent everywhere, RiverHouse is central to the core of it—as well as the sights, sounds and scenery of attractive Downtown Guelph, where people certainly enjoy coming to shop, stroll, dine and attend theatre and events. With sales already well over 70 per cent, RiverHouse has been deemed an overwhelming success. At a fall preview, plans were unveiled to introduce this much-awaited urban lifestyle to the city core and to young professionals and empty nesters who make up the majority of buyers. It’s THE place they want to live in the heart of this city on the move. Guelph is no longer a university town--it’s a city of urban delights and now RiverHouse is among them. A vision of gracious living, it takes its place on the banks of the Speed River within easy reach of the city’s urban amenities. From this location, it will look out to the winding
Speed River to the south and east, while to the north and west future residents will discover a plethora of pursuits, from a game at the Sleeman Centre to theatre and events at the River Run Centre. Begin or end the evening with elegant dining at a fine restaurant or casual fare at numerous cafes and bistros. And if you love nature, RiverHouse is just steps away from trails and pathways that line the river. The countryside is also close at hand where you’ll find farmers’ markets and miles of scenic trails for hiking, biking, picnics and more. For those on the go, RiverHouse is located across from the new transit hub with access to GO Train as well as bus and VIA Rail. City living has never been easier. This 18-storey condo residence is the finest project to date by Tricar Group, one of southwestern Ontario’s leading builders of luxury condominiums. RiverHouse boasts 130 exquisitely appointed suites, including penthouse suites on the top two floors with expansive ter-
races and opulent living spaces offering the ultimate in luxury and scenic views. Smaller suites of 1,003 sq.ft. are tempered by larger suites offering two bedrooms and a den up to 1,819 sq.ft. that includes a 150-sq.ft. balcony. Prices range from the mid $200s to over $1 million. At RiverHouse, there is no compromise. It’s luxury full steam ahead with standard finishes that are equally as spectacular with five-inch engineered hardwood, porcelain tiles in the kitchen, baths and halls, 1.25-inch granite in the kitchens and bathrooms, a tiled backsplash in the kitchen along with valance lights and potlights, and stainless steel appliances. There’s nothing to upgrade – it’s all right here and can be experienced in the onsite presentation centre in the old Quebec Street Mall at 55 Wyndham St. N. Even though location, style and finishes are incentive enough, a decor package is being offered for a limited time that includes a fireplace with custom-milled bookshelves and a TV
alcove. An environmentally responsible builder, Tricar offers its LiveGreen Advantage– a remarkable package of Green features that include tri-sorter recycling bins, heat recovery ventilators, low VOC paints, programmable thermostats and humidistats, Energy Star certified appliances, low-flow bathroom fixtures, bicycle storage, electric car charging stations and more. To address mind, body and spirit, all residents will become members of the onsite River Club offering an ultra-modern fitness and exercise room, an adjoining yoga studio, and an expansive outdoor terrace. Other magnificent indoor amenities include a multimedia theatre room, a library lounge with chic fireplace, billiards and card tables, and an elegantly appointed guest suite for overnight company. With panoramic views of the river and the city and a lifestyle to match, RiverHouse is a new destination as the address of choice in downtown Guelph.
Skyline hits company record Skyline, Guelph’s real estate investment, development and property management group, recently set a company record by purchasing a $120 million commercial portfolio for the Skyline Commercial REIT; just the first phase of a two-phased acquisition with a total price tag of approximately $242 million. The Phase One purchase is comprised of properties throughout the GTA, including Barrie, Etobicoke, Vaughan, North York and Mississauga. The Phase Two purchase will be comprised of properties in the Ottawa area. Founded in 1999, the Skyline Group of Companies comprises four primary entities: Skyline Management Inc., Skyline Asset Management Inc., Skyline Commercial Management Inc. and Skyline Wealth Management Inc. Together they exist to service the Skyline Apartment REIT and Skyline Commercial REIT, also under the Skyline umbrella. Both the Skyline Apartment REIT and Skyline Commercial REITs are private alternative investments that are 100% Canadian owned and operated. The synergy between these enti-
Coop –continued from page 8 says Mark Ventry, Executive Director, Ontario Co-operative Association. Education - Recognizing life long learning, On Co-op partners with organizations to promote co-ops as a way of doing business. Recently the Association developed a business model which high school teachers can now present to their students in business and leadership classes. Co-op development - On Co-op provides valueable resources for new and emerging co-op businesses, as well as advice to those established businesses that want to expand. Based in Guelph, the Association holds regional meeting across the province. A yearly membership fee is based on business size. Local members include The Co-operators, Gay
Lea Foods, and AgEnergy. “We are the hub for co-ops,” adds Ventry. “We are very member driven. Large established co-ops are members because they want to provide support to others. We have meduim sized business members who take advantage of networking opportunities, while also making the Association stronger by getting involved. Third, we have new, small business co-ops who benefit greatly from the services provided and use On Co-op as their first point of contact for growing their business.” This marks the 10th anniversary for On Coop having operated as a co-op trade association, and coincides with the International Year of the Co-op. Acting as a huge promoter--in celebration of the International Year of the Co-op, On Co-op developed a large billboard campaign running across Ontario. The first of its kind, the campaign has fostered community awareness for local co-ops, while providing a sense of pride.
ties is the secret to the company’s continued success and impeccable track record of consistent and growing distributions to its REIT investors who have also never lost a single penny. This is the largest portfolio acquisition in the company’s over 13-year history and an exciting milestone for the small company from Guelph that currently holds over $1 billion in real estate among its two REITs–ranking Skyline among the top ten largest private owners and managers of real estate in the country. To learn more about investing with skyline visit www.skylineonline.ca.
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Holiday Greetings from The Village of Arbour Trails
(supplied photo) December 2012 page 11 VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
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485 Silvercreek Parkway North, Guelph
Units of approx. 2,500 SF of commercial space available in high-traffic area. Up-to 7,500 SF of contiguous space available. Easy access to Hanlon Expressway. Ideal for restaurant, office or service establishments. Minimum Rent: From $9.00/SF.
Units from 700 SF available in plaza located at Woodlawn Road and Silvercreek Parkway. Up-to approx. 4,320 SF of contiguous space available. Easy access from Hanlon Expressway. Ample free on-site parking. Minimum Rent: From $11.00/SF.
50 Cork Street East, Guelph Approx. 1,150 SF of second storey office space available in professional building. Located downtown Guelph within walking distance to all downtown amenities (ie: banks, restaurants, etc.). Across from Cork Street municipal parking lot. On-street parking also available. Minimum Rent: $8.50/SF.
8,320 SF freestanding industrial building for sale conveniently located with easy access to Guelph and Waterloo Region markets. Features approx. 2,000 SF of finished office space. Three drive-in loading doors (one with internal leveler). 16’ clear ceiling height. 200 Amp electrical service. Paved, fenced-in yard. Asking Price: $880,000.00.
10 Kingsmill Avenue, Guelph +/- 35,500 SF industrial space for lease in centrally located building. Features 17’ clear ceiling height, 2 dock-level and 2 drive-in loading doors. Includes approx. 3,800 SF of office space. Minimum Rent: $3.75/SF.
76 Dawson Road, Guelph
Multi-Residential Development Land, Guelph
Approx. 30,800 SF freestanding industrial building on 1.79 Acres for sale. Easy access to Hanlon Expressway. Features approx. 3,800 SF of professional office space. Loading facilities include 2 dock-level doors and 2 drive-in doors. 600 Amp electrical service. Ideal for light manufacturing. Building also available for lease. Asking Price: $1,799,000.00.
Approx. 4.06 Acre multi-residential development site available in growing residential area. Zoning in place for approx. 165 units. Full municipal services available. Rare opportunity.
15 Surrey Street West, Guelph Approx. 1,262 SF available in professional service plaza. Free on-site parking. Close to downtown amenities. On bus-route. Located next to established medical centre. Ideal for professional/medical office. Minimum Rent: $14/SF.
76 Dawson Rd, P.O. Box 923 Guelph, ON N1H 6M6 tel: 519 824 9900 fax: 519 824 2471 email: email@example.com
The Brokerage and its agents have relied upon the owner and other sources for the information provided in this material and although we believe it to be substantially accurate, it is all subject to verification by the prospective purchaser or tenant and his/her/its respective legal, tax and other advisors. The Brokerage and its agents assume no liability for the accuracy or use of this information in any manner by anyone and reliance upon or use of this information by anyone is solely at his/her/its own risk. The Brokerage and its agents reserve the right to change prices, terms and other conditions or withdraw the property from sale and/or lease without notice. This material does not constitute an offer for sale or lease. Not intended to solicit properties currently listed for sale or lease, or to entice parties to breach any existing agency contracts.
Used 2012 ® Mazda 6 33,376 Kms
Used 2011 GMC Canyon 29,016 Kms
Used 2011 Hyundai Tuscon 19,609 Kms
Used 2012 ® Chevrolet Sonic 423 Kms
Used 2012 ® Dodge Journey 14,152 Kms
Used 2011 Chevrolet Cruze 2,240 Kms
AUTO SALES & SERVICE Wishing Everyone a Happy Holiday Season!
Used 2012 ® Ford Escape 20,483 Kms
Used 2011 Mazda 2 17,329 Kms
519 822-9949 219 Brock Road N., Guelph 2010 Dodge Caravan 30,605 Kms
2010 Hyundai Accent 51,009 Kms
Used 2011 VW Golf 18,004 Kms
Used 2011 Chevrolet Traverse 19,107 Kms
December 2012 page 12
2010 Honda Crosstour 55,499 Kms
Used 2011 Honda CR-Z 34,780 Kms
VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
2009 VW Beetle 16,375 Kms
Used 2011 Subaru Impreza 31,955 Kms
Financial planning 101
Business and Personal
by John Moran
don’t have to learn yourself-and this is one A good friend, business associate and highly of them. respected speaker, Mr. Jim Ruta, shared his simple, yet effective financial planning strategy 2) Save the money you spend to impress yourself - if your gross spending habits exceed with me and I present it here for your considyour net income your upkeep will be your eration. Although light in nature the message is downfall. Buying things just to make yourclear. self feel better has short term compensation 1) Learn to live on 80% of your NET income. but the bitterness of having no money Keep 20% in reserve. So many of us live on lingers on long after the sweetness of having cash flow-where your monthly income cov“stuff” is forgotten ers payments ON purchases rather than pay3) Success in investing has never been about ing FOR purchases. The upshot of this losrate of return. It has always been about the ing strategy is that many end up living on personal discipline of putting money away. or about 120% of their net income. Once in The propaganda we see every day about this “program” some people can escape but investment options is all interesting but not most of them end up with a heart attack, very important if you don’t save any money. bankruptcy or sometimes divorce. There Remember - the only way to make comare some lessons you
pound interest work for you is to have money for compound interest to work on! 4) Remember that peace of mind equals quality of life. In choosing your investment options keep this simple idea in mind. Being able to sleep soundly at night can never be overvalued.
Ontario AGRICentre 100 Stone Road West, Suite 301, Guelph Telephone: 519.822.4680 Fax: 519.822.1583 Toll-Free: 1.866.658.0092 www.millerthomson.com
The economics of Christmas
I would like to thank all the Business Venture readers for their comments and input on my by Carinta Mannarelli articles this past year and wish everyone a happy holiday season and prosperous new Spending polls have been published for 2012 year! and Canada is expected to be one of the few countries that are increasing their Christmas budgets over their 2011 spending. We averJohn Moran BA, EPC, President of Lyon Financial Services, aged a budget of just over $500 per spender 519-766-0001 or firstname.lastname@example.org. in 2011 and are expected to increase that to $700 in 2012. Canadians lead the world in choosing to submitted by MacLean & MacLean Financial Group Inc. shop online. Maybe it’s our cold winters and warm dens that lead us to point and click Although tax-free savings accounts (TFSAs) Close to one-third (31%) of those surveyed The TFSA numbers rather than park and shop. Shopping online have been on the market since 2009, the major- who don’t have a TFSA said they have no inten- • 74% view TFSAs as a long-term savings tool; is increasingly attractive with many retailers ity of Canadians aren’t using them, and general tion of opening one this year or next, while • RRSPs top the list as preferred investments, offering free shipping and online coupons. knowledge about the savings vehicle is lacking. 52% remain undecided. with 52% of those surveyed ranking RRSPs Shoppers should be cautious of a few comA new survey by ING DIRECT reveals that 44% “The TFSA has been around for nearly four ahead of TFSAs, which came in second mon pitfalls: of Canadians have a vague idea of how the years, and it’s unfortunate that so many (29%); Customs: Online purchases from American TFSA works, while 19% say they don’t underCanadians aren’t taking full advantage • 47% of Canadians hold their savings in a savretailers are subject to customs fees. First stand it at all. of this savings opportunity,” says Peter Aceto, ings account, 17% in mutual funds and 10% time online buyers are often surprised by a However, lack of cash plays a bigger role in president and CEO of ING DIRECT. “Since its in a GIC; and why Canadians aren’t using them than the lack launch, the TFSA has been a great way to • 25% of respondents have used less than half of delivery demanding cash payment to cover these expenses or a bill that arrives in the of knowledge about the product. Fifty-three reach short-term and long-term savings goals the contribution room available for 2012 mail shortly thereafter. Choosing to shop percent of those surveyed said they didn’t have and provide flexibility that other investment (between $1 and $9,000). with Canadian online stores is a decision the money to contribute to a TFSA. options, like RSPs, don’t.” MacLean & MacLean Financial Group Inc. 519-837-3880 or that 83% of Canadians make to combat www.macleanfinancial.com this surprise fee. – continued on pg 14
TFSAs ignored by savers
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Funeral Home and Chapel Ltd.
“Wellington County's Oldest Family Owned Funeral Home”
Pre-arranging one's own funeral is now widely practiced across Canada. Gilbert MacIntyre & Son have been helping individuals and families with funeral prearrangements for almost 80 years. If you would like to make an appointment to discuss prearrangements, please contact us. Or, if you like, you can prearrange your funeral online. You will be asked the same basic questions you would in a one-on-one prearrangement meeting; but within the "comfort" of your own lifestyle. Our experience in dealing with prearranging funerals has lead to the development of the GILBERT MACINTYRE & SON TRUST PLAN for those who wish to pre-pay their funeral expenses.
www.gilbertmacintyreandson.com December 2012 page 13
Representing three generations of funeral service - Established in 1933
The GILBERT MACINTYRE & SON TRUST PLAN retains all the advantages of the pre-arranged funeral, but goes further with respect to the ﬁnancial advantages. · The GILBERT MACINTYRE & SON TRUST PLAN is hedge against inflation. The cost of the funeral will never increase, no matter how long it is before the funeral services are required. · Pre-payment reduces the financial demands on the survivors. Costs will be paid out of income now, rather than from much needed funds of the estate. · Like a paid-up life insurance policy, this plan is of immediate and far-reaching benefit to survivors.
FAMILY MEMORIAL AREA & MEMORIAL TRAIL ROCKWOOD CONSERVATION AREA VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
· Interest on funds held in a GILBERT MACINTYRE & SON TRUST PLAN is tax free. · The GGILBERT MACINTYRE & SON TRUST PLAN may be purchased on a convenient time payment plan. Usually the prearrangment service is entirely paid for by the time it is needed, thereby relieving the family of expense at the time of the funeral. · Money is held in trust and fully refundable any time.
The GILBERT MACINTYRE & SON TRUST PLAN is designed to comply with all regulations under the Funeral Services Act of Ontario and is fully insured.
Where are your profits coming from? by Tony Roy The most important number in business is your Net Profit, yet how many of us look at this number when it comes back from the accountant at the end of the financial year and wonder how we arrived at that figure. One of the keys to creating a successful business is to constantly focus on the profitability in your business, in particular analysing and understanding what the main profit drivers are. Few businesses analyse the net profitability they derive from each of the different products or services they sell (and let me be clear that I am referring to net profit and not gross profit). The exercise can be very revealing. When I have done this exercise with my clients they have frequently been amazed and yes, sometimes horrified to find out where the profits are coming from or in some cases - not coming from. Inevitably, within their stable of products and services there are some that are much more profitable than others. This revelation often results in significant changes in their pricing, business strategy and marketing focus. In some cases I have worked with, we actually reduced their revenue, while turning around the busi-
ness from losing money to making a profit, purely by eliminating non-profitable product lines. To get to net profitability by product or service it is necessary to determine the Gross Margin–(Revenue– Cost of Goods/Service sold) and then subtract off an allocation of an overhead charge to that product or service. Your bookkeeper, accountant or coach can help you do this. Often business owners price their products only taking the Gross Margin into account and forget that price must also cover some overhead costs as well as provide some level of profitability. Business is a numbers game. It is vital that you know your profits and where those profits are coming from. So while growing Revenue is important growing profitable revenue will make you a success. Remember Revenue is about EGO, Business is about PROFIT! Tony Roy is a Certified Business Coach for ActionCOACH. He can be contacted at 519-729-0033 or firstname.lastname@example.org
The economics of Christmas –continued from page 13
Happy Holidays To our Friends and Associates
Return Policies: It’s estimated that between 1540% of online purchases are later returned to the retailer. Shoppers are wise to establish the return process and policy in advance. Free shipping rarely means free return shipping. Payment Options: Shoppers that often buy online might be wise to get a USD based credit card. Every credit card is different, and there can be many surprises when making purchases in another currency (exchange rates can be a surprise, international fees can be a surprise, etc). By using a USD credit card, the purchaser
has full control over the exchange rate on the USD/CAD exchange and can be strategic about the timing of their exchange. Pros and Cons aside, online shopping doesn’t help those of us that are Christmas Eve shoppers. It’s estimated that as many as 10% of us do the majority of our shopping in the days before Christmas. Even the best online retailer can’t help you on Christmas Eve. Statistical references from: Vancouver Sun, Shine, www.about.com
Carinta Mannarelli, President, Global Currency Services Inc. 519-763-7330 or www.global-currency.com
Are You Happy with Your Profits? • • • •
At ActionCOACH we work with Business Owners to increase their profitability using our proven formula: (Knowledge+Planning) X Action = Success We have hundreds of proven streetwise strategies to help you grow your business We work with you to set goals and create 90 Day Plans that constantly move you forward towards those goals We provide the accountability to ensure that you take Action on those plans We are the #1 Business Coaching franchise in the World, helping thousands of businesses just like yours in 39 countries since 1993 – proven results you can trust
If you want to Grow Revenues, Increase Profits, have better Teams and a better Work/Life Balance then we should have a conversation.
Call or E-Mail TODAY for your free, no obligation Business Diagnostic
Tony Roy Certified Business Coach
December 2012 page 14
VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
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VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!
Install Energy-Efﬁcient Measures and Receive up to 50% of Your Project Costs RETROFIT PROGRAM Program beneﬁts include: • Decreased operating and maintenance costs • Lowered energy consumption and costs • Reduced payback periods Incentives for: • Lighting and controls • Unitary air conditioning • Synch belt • Variable frequency drives • Agribusiness • Alternative energy measures • Motors • Pumps • Fans • Refrigeration, and more … What incentives are available? • $400/kW for Lighting • $800/kW for Non-lighting
For many business owners, capital costs prove to be the primary barrier to investing and participating in a retroﬁt project. The RETROFIT PROGRAM’S incentives tackle this barrier head on, making it possible for you to install and beneﬁt from newer, more energy-efﬁcient technologies.
Participate and save
The greater of either: $800/kW of demand savings or $0.10/kWh of ﬁrst year electricity savings to a maximum of 50% of project costs.
The RETROFIT program provides substantial ﬁnancial incentives for replacing inefﬁcient existing equipment with high efﬁciency equipment and for installing new control systems that will improve the efﬁciency of your operational procedures and processes. Start saving sooner Getting your project underway without delay is our priority. We’ll work with you to make a quick pre-approval process so your project can move ahead as soon as possible. Whether your project is PRESCRIPTIVE, ENGINEERED or CUSTOM, you’ll ﬁnd plenty of available incentives. Contact us today: Visit guelphhydro.saveonenergy.ca for more information, perspectives from experts and clients, or to apply online.
The greater of either: $400/kW of demand savings or $0.05/kWh of ﬁrst year electricity savings to a maximum of 50% of project costs. Non-lighting projects, including lighting controls
Who is eligible? Owners or tenants of commercial, institutional, industrial, agricultural and multi-residential facilities, including social housing. To take part, your project must be worth a minimum PRESCRIPTIVE incentive of $100 to apply. For the ENGINEERED or CUSTOM measures, your project must have an estimated demand reduction of 1 kW and/or ﬁrst-year annual savings of 2,000 kWh. If you are unsure of your eligibility contact your local electric utility.
Tel: 519-822-3017 Fax: 519-822-0960 Email: firstname.lastname@example.org Subject to additional terms and conditions found at saveonenergy.ca. Subject to change without notice. Funded by the Ontario Power Authority and offered by Guelph Hydro Electric Systems Inc. A mark of the Province of Ontario protected under Canadian trademark law. Used under sublicence. OMOfficial Mark of the Ontario Power Authority. Used under licence. Deember 2012 page 16
VENTURE GUELPH PUBLICATIONS LTD. Business Venture 19 years in 2012!