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Your New Business: Turning Growing Pains Into Growing Gains

    The Latest PROFIT/BMO Business Coach Podcast

    TORONTO, Oct. 21 /CNW/ - Getting to the point of launching your own
business is a huge accomplishment in itself. But then what? What are the best
strategies and management practices so your business has the best chance
possible to survive and thrive? What methods have other successful
entrepreneurs used to build strong, profitable and award-winning businesses?
    Who better to address these questions than the entrepreneurs of the
PROFIT HOT 50. Now in its ninth year, the PROFIT HOT 50 ranking of Canada's
Emerging Growth Companies identifies the fastest-growing young businesses in
the country and explores the methods they've employed to build their
award-winning enterprises.
    In the second of two Business Coach podcasts on this subject, we talk to
Neil Spivak, founder and CEO of Toronto-based Direct Sales Force, and Alex
Haditaghi, founder and CEO of, which took the No. 1 spot
on the PROFIT HOT 50.Topics covered include:

    -   Where to obtain the money to launch and grow your business
    -   The most cost-effective sources of capital
    -   Effective methods/tools for motivating and retaining employees
    -   The challenges of rapid growth
    -   Is now a good time to start a business?The Business Coach podcast offers insight and information to help
entrepreneurs run their small business better. Launched in October 2006, The
Business Coach podcast is available for download from iTunes, and The Business Coach is co-produced by PROFIT Magazine and BMO
Bank of Montreal.
    Previous episodes of Canada's leading podcast for small business include:
Fall Forecast 2008, Going Global, The ABCs of "Generation Y,"
Recession-proofing, Lessons from the Dragons' Den, Personal Finance, Better
Workplaces, Social Media, Tax Planning, Going Global, Retire Rich, Cash
Management, Fortune Hunters, Economic Outlook, Search Engine Optimization,
Selling Your Business, Marketing Taglines, Currency Hedging, IT Security,
Community Investment and Small-Business Branding.
    The Business Coach podcast is offered in both English and French. The
English-language interviews are hosted by Ian Portsmouth. L'actualité
magazine's Pierre Duhamel leads the French-language episodes.

    About PROFIT

    PROFIT: Your Guide to Business Success is Canada's preeminent publication
dedicated to the management issues and opportunities facing small and
mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a
vast array of economic sectors have remained loyal to PROFIT because it's a
timely and reliable source of actionable information that helps them increase
their revenues, boost their profitability and get the recognition they deserve
for generating positive economic and social change. Published six times a year
by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the
chief executives of companies with 5 to 250 employees and annual revenue of
$1 million to $25 million, reaching more than 300,000 readers across Canada.
Visit PROFIT online at