BUSINESS PODCASTS BY OSBN® Members

Many people believe that a mortgage is exclusively used for buying a home. However, you need to remember that there are four typical purposes that mortgages are used for. This includes purchase, refinance, equity takeout and bridge financing.   By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | Mortgage agent with Search Mortgage Corporation | 289-952-3494 | pazca2017@gmail.com | www.pazca.com   

This podcast briefly explains the steps that may be taken by a tax filer and his or her authorized representative to reply to a CRA inquiry letter to make sure that the reply looks professional, and it is supported by the relevant evidence.   By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

There are two savings schemes available for Canadian residents and citizens. These schemes are TFSA and RRSP. Based on the respective merits and demerits of both saving schemes, it appears that TFSA is more advantageous and one may opt for RRSP only once the TFSA room has exhausted. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

This podcast provides an overview of the importance of strategic planning for small businesses in a post-pandemic business environment to ensure survival and growth.    By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

It is definitely a must to stay abreast with what is happening in the techie world, however, if operating the business does not require this new app or that new tool then it is definitely not a wise business decision to get it... By Grace Nasralla, Business Blogger | e-presence Consultants Inc. (founders of BizReflections, The small business blog) | info@e-presence.ca | www.e-presence.ca.  

What truly have differentiated businesses that are meeting their monthly revenue from businesses that are struggling to survive is innovation in remodelling the business to meet customer needs in a pandemic that really hit the business community hard.  Here are 4 tips to guide a business to innovatively remodel its offerings. By Grace Nasralla, Business Blogger | e-presence Consultants Inc. (founders of BizReflections, The small business blog) | info@e-presence.ca | www.e-presence.ca.

This podcast provides an overview of possible implications for CERB recipients who wrongly claimed the CERB relief or those whose cases fall in grey areas suggesting actions that they may take to avoid penalties.   By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

This podcast provides an overview of key differences between the CERB and the CRB from eligibility, application and tax perspectives. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

This podcast provides an overview of the rationale behind adopting a progressive direct tax system to increase government tax revenues based on the principles of equity and equality.

This Podcast provides an overview of the importance of co-working space in today's market. With soaring commercial lease prices now more than ever, entrepreneurs and small to medium size businesses are depending on co-working space to help their operations thrive. by Bilal El Sheikhali, CEO at Britespace Offices | 416.722.7619 | bsheikh@britespaceoffices.com | www.britespaceoffices.com     

This podcast provides an overview of the importance of financial analysis for the growth and profitability of a small business by engaging a financial analyst who can suggest measures to improve growth in business profits. By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

Understanding the influence of people’s behaviour in the dynamics of networking will guide the approach used with different personalities, and in return it becomes easier to meet objectives behind time spent at business networking. Grace Kusta Nasralla, BA, Dip(hons), MOS, MCT  | Grace is business blogger, founder of Ontario Small Business Network (OSBN®) and co-owner of HUDDLESPACE™ | grace@nasralla.net | www.bizreflections.ca  

This podcast provides an overview of Hexagon Business Growth Model (HBGM) that sheds light on six key factors within the control of a business owner to stimulate business growth.   By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

As an OSBN® initiative to highlight entrepreneurship, we decided to start interviewing entrepreneurs from different industries. This is our first episode and we are starting with Dale Stoneman of LegalShield. Dale Stoneman | dstoneman@bell.net 

This podcast provides an overview of various T forms used in the CRA system of taxes. The important Ts explained in this podcast include T1, T2, T3, T4, T4A and T5. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com 

Listen to this introduction or the concept of Corporate Accounting Regime (CAR). This concept educates the owners of small businesses to follow some golden principles of accounting and financial management to keep their businesses solvent and floating. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com

Self-employment is a challenging but a rewarding career for those persons who possess certain attributes highlighted in this podcast. This podcast highlights the pre-requisites of being a self-employed. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com

Businesses have always struggled with the idea of being close to completion and in many cases they have fiercely tried to find ways to fight competitors.... click for more. by Grace Nasralla | Operations Executive at HUDDLESPACE | www.nasralla.net | info@e-presence.ca | 647.226.7313

This podcast highlights the importance of data-driven strategies for small businesses to bring about fusion between the operational and accounting functions for effective business management. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com

An OSBN® BizBite by Baqar Bhatti, Chartered Professional Accountant at PAZ. This podcast provides a comparison between the US and the Canadian economies based on four key economic benchmarks. These benchmarks include the GDP, Per Capita Income, the GINI coefficient and Debt to GDP ratio. These objective measures provide analytical insight to judge the egalitarian and sustainable nature of an economy. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com.

What is outsourcing?  Is it beneficial for the small business? Why do small business owners outsource services? What services are usually outsourced? An OSBN® BizBite by Baqar Bhatti, Chartered Professional Accountant at PAZ. Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com.

This podcast briefly explains who pays more personal income tax, Canadians or Americans? The purpose of this podcast is to analyze the factual situation based on statistics. The conclusion drawn from these statistics is that broadly speaking it is the Canadians who pay more personal income tax than their US counterparts. If you need any advice on tax and accounting matters I am available at the below contact information. Baqar Bhatti, LLB, CPA, CMA, CGMA | email: pazca2017@gmail.com | Phone: 289-952-3494 | website: www.pazca.com

Budgeting is an important aspect of business planning whether the business is a start-up or operational. It is a process of making a plan of future income and expenses, capital expenditures and cash requirements over a period of time, generally within a 12-month period. The most common budget consists of income and expenses where projected revenues and expenses are determined based on reliable information to achieve the desired profit.  Budgeting is an effective monitoring tool in measuring the financial performance of the business by comparing the actual results of operations versus budget.  by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca  

Do you see that your looks, awkwardness, lack of skill, or lack of money as a barrier between you and your goal? You may say, “It’s my lack of confidence, lack connections, or this or that.  Face yourself and think again. A podcast by Hanan Awaad, president of Corporita Consulting Inc. | www.corporita.ca | email: president@corporita.ca | Phone: +1-226-978-2726

Financial Statements contain important information that will help business owners perform micro and macro management of their business. Analysis of the financial data shown in the financial reports is crucial in taking immediate action to solve problems that could have detrimental impact on the business.    There are 3 main Financial Statements namely: Income Statement – It shows the results of the operations for a given period. Balance Sheet – It shows the financial position of the business in a given date. Cash Flow – It shows the sources and uses of cash from operating, investing, and financing activities. Listen to more .... A podcast by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca.

In business, you have to craft your vision and live it day-in and day-out carefully. Your vision is your why … why your business exists?Apple’s vision is to create innovative products and think different. Apple was a start-up in the 70s … remember this!Have you crafted your vision? You might think, “but, I am a small business … I am not Apple!!!” Even small businesses need a compass. To keep on track and focus, your vision is your compass. by Hanan Awaad, president of Corporita Consulting Inc. | www.corporita.ca | email: president@corporita.ca | Phone: +1-226-978-2726

Motivational Speaker and trainer Zig Ziglar told us: "You will get what you want in life if you help other people to get what they want." Dorothy Brown, marketing strategist from AKB Small Business Marketing, walks us through 7 Ways to Nurture Great Relationships. Dorothy Brown | AKB2 Small Business Marketing |647.449.6760 | www.akbsmallbusinessmarketing.com | purplecowmarketing@rogers.com | 

As entrepreneurs, we are constantly looking for new and different ways to collaborate and promote ourselves. For the most part, this is a good thing. A lot of the times, it’s about trial and error –throwing that pasta to the wall and seeing what sticks. However sometimes we tend to spread ourselves too thin by saying yes to almost anything and everything. Opportunities come and go and when you've come across a potential one, it's important to go through these points before coming to a final decision. By Karen Swyszcz, Consultant and Blog Coach at MakintheBacon. Follow her on Twitter, Pinterest and Instagram: makinthebacon1.

Partnerships may at times be harmful to a small business, but if approached wisely it can turn into a key contributor to the success of a business.       Which type of partnerships will benefit a small business:   Choose partners that complement your offerings Choose partners that are skilled in turning a situation into a win/win Choose partners that are go getters and that can make things happen  Choose partners that seek their interests, but that care for your own interests as well  Choose partners that are transparent and that can easily communicate how they feel By Grace Nasralla, owner of e-presence Consultants Inc and founder of OSBN  

Having a new baby and the care that comes with it can sometimes feel overwhelming and stressful.  It’s your new bundle of joy, your heartbeat; your everything.  But then life and baby care begins to happen; you feel like you are on a constant treadmill.  Iwant to reassure all moms – new or not so new listening to this podcast, hearthis loud and clear. It’s imperative that you take care of yourself. It’s notselfish, you shouldn’t feel guilty. Whenyou travel on an aircraft, you are always reminded in case of emergency youshould mask yourself first and then mask your young child. Here are some easy and simple ways for self-care. This podcast is brought to you By Forde Home Care, providing 24 hrs care to mothers, elderly and children along with other home care services. Contact info: @fordehomecare | 416.947.0368 | services@fordehomecare.com | www.fordehomecare.com

Globalization is the act of connecting and integrating people, companies, and governments of different nations, through international trade and investments; powered by the use of technologies. However, is the small business making use of that trend?  By Grace Nasralla, owner of e-presence Consultants Inc, founder of OSBN and founder of ED2ALL

Negotiating - Part 1, gives an overview of the interest-based negotiation model by Fisher, Ury & Patton.  It starts with preparation, including knowing alternatives so that one is not too soft or too hard, knowing how to separate people from the problem, staying firm on interests but flexible on positions, and engaging in brainstorming options for mutual gain.    Negotiating - Part 2 explains the one other principle:  Use objective criteria.  That is when negotiators differ on their idea of fairness, or truth, rather than have a subjective argument they rely on more objective sources. Daryl welcomes your thoughts and feedback. By Daryl Landau of Common Ground, helping businesses to manage conflict.  Contact info:  @DarylLandau | 416.763.6205 | daryl@common-ground.ca

Everyday brings with it new tasks, situations and a to do list that is overwhelming. Thinking of the day and the things that need to get done can be stressful and frustration may take over. One proven solution to stay in control is to apply prioritizing techniques.  Prioritizing what should get done in a day is a skill that anyone can acquire with a little bit of organization and discipline. However, learning to stay focused and on goal requires determination and persistence....  By Grace Nasralla, owner of e-presence Consultants Inc and founder of OSBN

People are often averse to negotiating, seeing it as an ‘unprincipled’ game of winning or compromise.  But like it or not, most of our interactions involve the exchange of value.  And the model of Principled Negotiation can really help us succeed with client and other relationships. The book Getting to Yes by Fisher, Ury and Patton created a little revolution when it was published in 1981.  At the time, the dominant model was what the book refers to as the Hard bargaining approach, or positional negotiation... By Daryl Landau of Common Ground, helping businesses to manage conflict.  Contact info:  @DarylLandau | 416.763.6205 | daryl@common-ground.ca

An advisory board is an informal version of a board of directors chosen by the owners.  It has no authority, it just offers assistance as requested.  There is some debate on the value of advisory boards, but not on the value of advisors.  So founders could just seek individual advisors.  That’s a good first step, to test which advisors you respect and work with best, and who are available to you.   Reasons for creating an advisory board are listed in this podcast. By Daryl Landau of Common Ground, helping businesses to manage conflict.  Contact info:  @DarylLandau | 416.763.6205 | daryl@common-ground.ca

Working with a partner is much better for your business’s growth and for your personal health…unless you ignore this advice. 1. Choose carefully 2. Get a partnership agreement 3. Get the help of a mediator It’s worth it to ensure that misunderstandings and hot tempers don’t derail all that you’ve achieved together. By Daryl Landau of Common Ground, helping businesses to manage conflict.  Contact info:  @DarylLandau | 416.763.6205 | daryl@common-ground.ca

A 2015 study by “Smart Insight” indicated that 80% of internet users use smartphones. One important 2016 business trend is the increase in use for mobile apps in business.  Is your business ready to reach out to mobile users? Do you, as a business owner, realize the importance of reaching out to mobile app audience? 3 Ways To Reach Mobile Users Get a customized mobile appBusiness directory appsContent The later two ways are more cost effective and doable for small businesses to reach mobile users.  There are plenty of apps that provide local directory listings.  Find the app that is wide spread in your area and subscribe to get your business listed there. (For a Greater Toronto business listing I would recommend to download and subscribe to OSBN mobile app “Business Directory”: iphone: http://apple.co/1LC8X6Z  Android:  http://bit.ly/1OHOy7t) By Grace Nasralla, owner of e-presence Consultants Inc and founder of OSBN

It is very difficult to stand alone and watch a growth curve rise in a small business.  Small businesses thrive and flourish when they reach out to others. Whether it be through building a network of connections or a circle of strategic partners; there has to be collaboration of some kind to watch a business grow and observe the growth curve move to the top. 3 paybacks for choosing the right strategic partners LearningSharingGrowthWorthwhile strategic partners are rare to find. They may occasionally cross the path of a small business, but its up to the business owner to grab the opportunity or waste the chance to walk along side a partnership that will bring business growth. By Grace Nasralla, owner of e-presence Consultants Inc and founder of OSBN

As a result of years of technological advancements came social media networks. And with social media came extensive opportunities for small businesses to promote their products and services.  Content is key when sharing on social media and videos are an effective business tool that is in great demand in 2016.  3 advantages for using videos as an advertising tool To stand outClarityInnovative Marketing experts predict that in 2017 videos will take up to 69% of consumer online traffic. Is your business ready for that? By Grace Nasralla, owner of e-presence Consultants Inc and founder of OSBN