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July 01, 2020
Here Is A New Listing That I Just Posted At 827 1 AV NE in Calgary


Here is a new listing that I am happy to post at 827 1 AV NE in Calgary.
This is a very...
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Rob Campbell - RE/MAX Real Estate (Central) : Blog : Latest Blog Posts

July 01, 2020
Here Is A New Listing That I Just Posted At 5121 52 AV in Vegreville


Here is a new listing that I am happy to post at 5121 52 AV in Vegreville.
This is great...
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Here Is A New Listing That I Just Posted At 808 Edmonton TR NE in Calgary


Here is a new listing that I am happy to post at 808 Edmonton TR NE in Calgary.
Still...
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Here Is A New Listing That I Just Posted At 827 1 AV NE in Calgary


Here is a new listing that I am happy to post at 827 1 AV NE in Calgary.
This is a very...
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Here Is A New Listing That I Just Posted At Rural Rocky View MD, Rural Rocky View County


Here is a new listing that I am happy to post at Rural Rocky View MD, Rural Rocky View County.
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Here Is A New Listing That I Just Posted At 108 8400 Blackfoot TR SW in Calgary


Here is a new listing that I am happy to post at 108 8400 Blackfoot TR SW in Calgary.
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LATEST STORIES For Today's News From Around the Web..

I have sold a property at 390 Northmount DR NW in Calgary.

***NW PUB WITH VLT'S FOR UNDER $200K...NO WAY!!!...YES WAY!!!***

This is a super little pub with 3 VLT's in Calgary's NW, for an incredible price. The NW is probably the hardest area to find a pub in so when one comes up for sale for this kinda price with VLT's it is something to consider.

This particular pub does a lot of pizza delivery and has some very unique income streams which you have to see to beleive.

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Suggested Blog Articles

Here Is A New Listing That I Just Posted At 5121 52 AV in Vegreville


Here is a new listing that I am happy to post at 5121 52 AV in Vegreville.
This is great opportunity for a business owner that's tired of paying rent! 4000 sqft +/- of commercially zoned space with nicely built out office area and a warehouse with a 12x12 (tbv) drive in door. The Offices are a mix of carpet and laminate flooring, with a reception area, multiple offices, coffee/break room, full data wiring and phone system. The back of the building has a covered parking area which could be fenced in as a secure compound or it could potentially be "walled in" to increase the size of the warehouse area. The shop area has a small mezzanine area for storage, and a shop washroom. There is lots of space for signage on the front of the building as well. You need to walk this space to truly understand the value!
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Here Is A New Listing That I Just Posted At 5019 1 ST NW in Calgary


Here is a new listing that I am happy to post at 5019 1 ST NW in Calgary.
Huge opportunity! Solid bungalow located in the northwest community of Thorncliffe on a large lot with west facing backyard. The upper level features two bedrooms, main four-piece bathroom, kitchen, dining, and living room. Large windows allow for loads of natural light. Hardwood floor throughout the main level. The partially developed basement is divided up into a rec-room, potential den or home office, storage room, and laundry room. Rear deck overlooks the large west facing rear yard. Carport parking is accessed from a front driveway. Ideally located steps from multiple schools, numerous parks, multiple amenities, public transit, and only minutes from the downtown core. This property requires some TLC but is perfect for a homeowner, renovated or investor, view it today.
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Covid 19 Payroll Subsidy Info
For employers, we are getting more detail on the payroll subsidy:
https://www.singleton.com/2020/03/covid-19-the-canada-emergency-wage-subsidy/
  • $847 per employee per week or 75% of up to $58,700 salary, whichever is less
  • Still retroactive to March 15 (so far)
  • Expectation is that you don’t cut employee wages
  • Business must demonstrate/prove a minimum revenue loss of 30%
  • Federal government will be introducing severe penalties for abuse of the program
  • Application process expected to be announced within the next 2 weeks
  • No limit on business size

For those who were considering using the job-sharing option, this is now, for most businesses, a better option.


Next Steps:  I have started building detailed 90-day business financial plans for some of you.  This provides a specific list of actions based on your own financial P&L statements that includes estimating the impact of using the government programs and includes a list of other actions you can do to help your business weather the storm.  If any of you are interested in having this done for your business, contact me.

 

If any of you will need a business loan to survive a prolonged event, but would not otherwise qualify for a loan, there is money available from the government.  https://www.bdc.ca/en/pages/special-support.aspx.  


Small businesses with a payroll between $50K to $1M should look to the Canada Emergency Business Account https://www.canada.ca/en/department-finance/news/2020/03/additional-support-for-canadian-businesses-from-the-economic-impact-of-covid-19.html  As described in my emails last week, this if interest-free, $40,000 where you can be forgiven up to $10,000 if you pay it back before the end of 2022.


Here is a description of the application process and the questions you will likely be asked https://www.krp.ca/lending-rules-for-bdc-covid-19-relief-program-take-shape


This is the last week you have to re-plan your businesses for the next 2-3 months to stay in front of the situation.  If you don’t know what you need to be doing and how much of it you need to be doing, please contact me.   I want to see you all survive this event as best as possible!


Next 2 weeks, the focus will need to shift to full-implementation of that plan and start looking for short-term business opportunities with customers who are less impacted by COVID-19.  This is a very tactical that looks a lot like war-time situation management.   Even with a plan, the situation going forward will be fluid (some good, some bad).


Later in April,  your planning will need to focus on re-positioning your businesses to be ready to sling-shot out of this event! 

 

Please continue to pay strict attention to all of the hygiene/safety recommendations and emotional/mental health issues discussed here over the past two weeks!   Let’s do everything we can to keep our employees, customers, suppliers an colleagues healthy so we can all get back to work faster!


Pete Baran                           |       403-973-3531
Chief Business Mechanic  |       Blueneck Consulting Inc.
www.blueneck.ca

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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