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It’s that time again...time to say good-bye to 2014,
with all of its ups and downs, and hello to 2015 with
all the excitement of new beginnings and the
promise of greater things.
2014 was definitely a year of extremes! A winter
that broke records for cold, an almost non-existent
summer, gorgeous fall and now in the midst of a
winter that feels like spring (I am not complaining on
the last one)!
For CDECA, we had many changes as well. We
hired Becker Associates as our management
company, built a new website, and held our first trial
-run webinar (which was great). Now, we are
looking forward to affiliates and individuals bringing
us ideas for webinars to share with the membership.
The website, while a great improvement, is still in its
infancy stage, with changes and upgrades constantly
taking place.
Becker, themselves have proven to be a breath of
fresh air, with communication and swift response
time being something we have needed for quite
some time. Thank you everyone there and special
kudos to Seamus.
We have also seen our membership numbers
increase across the board and have a new chapter
Message From the Chair
It’s that time of
year… Inside you’ll
find helpful articles
on:
Financial Success
Doing your taxes
Tips on working
smarter
In this issue:
National Board
Updates: AGM,
Awards, Volunteer
of the Year,
Partnership
Memberships
2
Financial Success in
2015 Starts with a
Look Back
3
Useful links for
your business from
around the web
4-5
Chapter Updates:
TO, GTA West
6-7
O n e Q u e s t i o n
S u r v e y . . .
Where do you spend
most of your social
media time?
Twitter, Facebook, Pinterest,
LinkedIn, Instagram?
Click here to
answer now!
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
IDEAS—Winter 2015
on its way in Alberta.
I would like to remind all of our members, that like
Alberta, you too can start your own chapter! With
3-4 members, a desire to reach others, and help one
another reach their potential, you can make a
difference right in your own backyard. It is a
process, and we at National can help you with it.
We have a manual on how to begin a chapter and
we are here to answer all of your questions.
Becoming a member of CDECA has been the best
thing I could have done for my career and being on
so many committees and as President of my local
chapter and now Chair of National has only added
that much more. The friendships and contacts with
local affiliates are by far the greatest gift that I have
received by far!
So here is to 2015 and all that it will bring!
Wanda Vuignier
Chair, CDECA
While you’re at it, why not follow us by clicking one or more of
the icons below?
Save the date!
April 13, 2015. We’re going to Toronto’s Old Mill
for our AGM and annual Awards Ceremony. Look
for an email coming soon announcing a very
vibrant and exciting guest speaker!
2015 AGM & Awards Show
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
National Updates
2015 Decorating and
Design Competition is Now
Closed We have closed on yet another exciting
competition! CDECA is pleased to
announce that 95 entries were submitted
covering all of the 8 award categories. Our
judging panels will now be convening to
assess the results. The winners will be
announced at CDECA's 2015 Annual
General Meeting to be held at the Old Mill in
Toronto. We look forward to seeing
you there as we celebrate our award
winners for 2015!
C D EC A 'S fu t ure i s p aved
i n g rea t p a r t ne rs h i p s !
The National Board is pleased to announce the new
Partnership Membership. This new membership type is a
reciprocal partnership which recognizes National colleagues
that we commonly intersect with. We are excited to begin
to craft our partners nationally and continue to reach out to
other organizations that relate to our trade.
Speaking of partnerships, CDECA National is happy to report
on a meeting with the Association of Registered Interior
Designer’s of Ontario. In December of 2014, Vice Chair
Andria Cowan along with GTA West Chapter President Ed
Phillips and Toronto Chapter member Michelle Mackenzie,
met with the Greg Quinn, Chair, and Sherri Portelli,
Executive Director, of A.R.I.D.O. In quick summary, the
meeting went extremely well and CDECA was happy to see
that we are a true stakeholder in A.R.I.D.O’s future
movements. We will continue to work with A.R.I.D.O. and
all other interior design associations across Canada.
Vo l u n tee r o f th e Yea r
Aw a rd Nominations have been received for consideration by the
CDECA Board of Directors for the 2014 Volunteer of the Year
Award. The nomination period for the 2014 Award closed at
the end of December 2014 and the Board looks forward to
announcing the winner of the Award at CDECA's 2015 Annual
General Meeting.
Do you know of a CDECA member that is deserving of the
Volunteer of the Year Award? If so, please get your
nominations in for 2015! The nomination period is now
open. Let's recognize our outstanding CDECA
volunteers. The nomination guidelines can be found by clicking
here (will need to be logged in).
By Dean Einarson, Co-Founder DesignDocs
As the owner of an independent decorating firm,
you know how important it is to review the
business periodically and to set goals and financial
plans for the year ahead. If you haven’t already
made plans for 2015, now is the time! It’s not too
late.
Here are our tips for financial success –
1. Develop a high level financial plan for
2015. Start by looking at your total sales, cost of
goods, total expenses, and net income from last
year, and consider where you would like those
numbers to be this year.
2. Important reports to review would focus on
sales. For fees, look at total hours and dollars by
project, including all the hours not billed – you
should track your non-billable hours so you can
see how much you are leaving on the table. Doing
this will enable you to see what projects work
better than others for you, so you can try to
target those. It may also reveal opportunities to
correct any internal procedures or sourcing
decisions that might have led to a disproportionate
share of unbillable time. This is the time to
consider questions like am I really billing all the
time I work? What would be the impact if I
increase my rates, even a little? Also look at all
the time worked generally in the business that was
not billed to clients – you should track how much
time you spend attending seminars, blogging etc.
3. After analysing fees, have a look at the goods
side of the business. Specifically, review your sales,
cost of sales, and gross profit by project, by
supplier, and by product category. Each of these
will help you decide if you want to make changes
in 2015. For starters, it will show you the type of
project that has the best impact on your business
and that can affect your marketing decisions. It
can also reveal plenty about your suppliers which
Financ ia l Success in 2015 Star ts w i th a Look
Back
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
Featured Article
could lead to tightening ties with some and loosening
with others.
Lastly, conduct an analysis of your overhead
expenses to see if anything can be reduced in 2015. A
key consideration here is whether costs that really
relate directly to projects and should be passed on to
clients are slipping into your overheads. It’s surprising
how quickly that can add up.
A simple plan and an annual review like this can get you
motivated to grow the business in the coming
year. You will be surprised at the impact that small
changes can make. Having annual targets also keeps
you focussed – so, be sure to keep that focus by
checking in on your progress as the year unfolds.
Dean Einarson, CPA, CA has 23 years of experience in
business with a focus on process improvement and
software development. He co-founded DesignDocs,
and is a sought-after business consultant specializing in
transitioning design firms onto a path of growth and
increased profitability.
Keen to learn more and start 2015 off right? Dean will
be speaking on the topic of Financial Management at a
CDECA event at Gresham House on Feb 11th. To
attend the event in person, please RSVP via e-mail to
[email protected]. If you would like to learn
more about DesignDocs please contact Karen Gastle
[email protected], Account Manager at
DesignDocs.
DesignDocs is a fully integrated Project Management
and Accounting Software built specifically for interior
design professionals. It was developed through a
unique partnership between an accounting professional
and an interior designer who were motivated to create
a software that was keenly insightful to the business
challenges facing the interior design industry today.
By Susan Ward, Small Business Canada Expert
Original article can be found here
Running a home based business in Canada is just like
running any other business when it comes to income
taxes. Assuming you have an income to write it off
against and you follow the rules, you can deduct a host
of business expenses, lowering the amount of income
tax you have to pay.
One of the advantages of running
a home based business is that
there are additional income tax
deductions that you can claim.
Remember, like everything else
related to taxes, meticulous
records are a must; all your
deductions need to be
documented with receipts. But if
you have a home based business,
these are tax deductions you
don’t want to miss.
1) Automobile Expenses
Many Canadian home based
business owners use their
personal vehicles as business
vehicles. That's all right tax-wise;
you can still claim a raft of
automobile expenses. Besides
deducting the costs of fuel and
oil, licensing, insurance and
maintenance and repairs as a
home based business owner, you
can also deduct interest on
money you borrow to buy a
motor vehicle, automobile, or passenger vehicle you use
to earn income.
2) Insurance Home based business insurance is essentially commercial
in nature and is entirely separate from a person's home
insurance. (In fact, if you are running a home based
business and don’t have home based business insurance,
you’re running the risk of not being covered at all if
something happens, because running a home based
business that your insurer is not aware of may invalidate
your home insurance policy.)
6 Home Based Bus iness Tax Deduct ions You
Don 't Want to Miss
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
From The Web.. .
3) Office Expenses
Even if your office is just a part of a counter in the kitchen,
your home based business will have office expenses to claim.
The catch here is to distinguish between office expenses
(things such as pens, stamps and paper clips) and depreciable
assets (things such as filing cabinets, printers, and other equipment which fall under the rules of Capital Cost
Allowance and must be depreciated over time).
4) Mortgage Interest &
Property Taxes
If you are carrying a mortgage on your
home and running a home based
business, you can claim a portion of
your mortgage interest and property
under Business-use-of-home expenses.
If you are renting, you can deduct the
cost of your rent.
There is a catch, however; you can only deduct a portion of these expenses,
dependent on how much of your living
space and time is actually devoted to
business use.
5) Other Business-Use-of-
Home Expenses
Besides mortgage interest, property
taxes and/or rent, there are other
expenses that home based business
operators who qualify for business-use-
of-home deductions can claim.
Some of the most common of these
are: Heat, Water, Maintenance, Cleaning materials, Telephone, Internet
connection, etc.
Remember, you can only deduct the portion of these
expenses related to business use and what you claim here
can’t be claimed elsewhere.
6) Carry Forward of Unused Work Space in
Home Expenses
You can’t use business-use-of-home expenses to create or
increase a loss for your business. So if you end up with having
more expenses than income for your home based business,
you will have what the CRA calls unused Work Space in
Home Expenses which you can carry forward into the next
year.
Excerpt from Free Agent Nation: The Future of
Working for Yourself by Daniel H. Pink
Make a “to don’t” list. Prepare a list that
contains all the things you shouldn’t waste your
time on – useless tasks, unnecessary meetings,
worthless phone calls, and so on. Then place it
next to your “to do” list – and stick to it.
Carry a notebook and pen. Thomas Edison did
it. Virginia Woolf did it. And so did Charles
Darwin. They toted a notebook with them
everywhere and wrote down ideas that popped
into their heads… Page through the notebook
occasionally.
Spend 10 minutes
today laughing out
loud. Turn on The
Comedy Network,
read a funny book,
look at photographs of
yourself from high
school. Laugh. Fully.
Establish an
opening ritual. Try
to begin your day the
same way. If you work
at home, maybe take a
short walk before you
go to your office. Have
a cup of tea or read or
meditate before
starting your work. An
opening ritual will ease
Seeking Ba lance? Wish you had more t ime in
the day? Here are a few out -o f - the-box words o f
adv ice for those o f us t r y ing to work smar ter,
not harder in 2015
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
From The Web.. .
your mind, body and soul into the day.
Establish a closing ritual. Know when to stop
working. Try to end each work day the same way, too.
Straighten up your desk. Back up your computer. Make
a list of what you need to do tomorrow.
Take a “Sabbath.” Choose one day during the week
when you don’t work… Respecting your own
“Sabbath” will be good for your soul – and better for
your business.
See more tips here
The CDECA Toronto Chapter wrapped up a successful
2014 with an engaging AGM Luncheon and Networking
Event. For this event, we were very fortunate to have
Mike Hetherman, President and CEO of Willis – a
North American distributor of world-class building
materials – lead a presentation on new design trends and
the effects of surfacing materials on the acoustics and
reflectivity of a space. The presentation also aimed to
educate CDECA members on how to choose the right
decorative surfaces for clients. Those of you who have had the opportunity to listen to Mike speak in the past,
will know that he is a wealth of practical information and
he has once again outdone himself!
At the AGM Luncheon, we were also able to form a
new Board of Directors, a team of dedicated volunteers
who have offered to contribute their time to advancing
our mandate with programs to benefit all members. The
new Board of Directors held its first meeting in January
2015 and is off to an exciting start.
“I have enjoyed being a part of moving the chapter along
in its initial two years and look forward to passing the
mantle to an enthusiastic new board,” says Sharon
MacIntosh, CDECA Toronto Chapter Past President.
Ewa Fisher and Paddy Singh, our Co-Program Directors,
have started planning a full slate of programs for 2015.
They will work in conjunction with our Affiliate
members to provide informative and leading edge
seminars. One of our most anticipated highlights will hopefully be
a return of last year’s successful trip to High Point
M e s s a g e f r o m C D E C A T o r o n t o C h a p t e r P r e s i d e n t , N i t a M c C o w n
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
Toronto Chapter
Market in North Carolina. During this trip, our members
were treated to exclusive events and showroom access all
thanks to our continued partnership with SOFA and their
connection with Glen Peloso and Jamie Alexander. We hope
to deliver this wonderful trip again and encourage all
members to attend.
"Energizing and inspiring, I wish I had gone sooner!" says
Rhonda West-Shepherd, Founder and Principal Decorator of
RW Interiors.
Furthermore, CDECA National has launched a new website
and as expected with new technology, we have experienced a
few hiccups. Should you notice any content materials not
working properly, please provide your feedback so that we
can continue to improve this important membership service.
In addition, this website is your link to potential clients;
therefore, all members should look to confirm that their
contact information is up to date on the website.
To conclude, the CDECA Toronto Chapter Board of
Directors is very excited to work with you this upcoming
year! We encourage all members to participate and provide
input on the kind of events we can plan for you, so that we
can present programs that are relevant to your business and
ensure your membership with us is as valuable to you as
possible!
Hig
h P
oin
t Market T
rip atten
de
es at the
Ch
ristop
her G
uy sh
ow
roo
m
Mike H
etherm
an, P
residen
t and
CE
O o
f
Willis, d
eliverin
g a p
resentatio
n at C
DE
CA
Presented by Jeannette Wisby, VP, GTA West Chapter
The GTA West Chapter has had a busy and information
packed fall commencing with our September meeting
which was held at Speers Road Broadloom. Carl and
Dale blew us away with the event by having somewhere
in the amount of 15 flooring suppliers who did
presentations on some of the latest products in flooring
world. This was almost a mini trade show and we all
came away with much more knowledge than going in.
Of course there were great treats and
giveaways from Speers Broadloom as
well as the suppliers.
We took our October meeting to a new
affiliate, Sescolite Lighting in Burlington.
This was a great way for us to learn
about the newest developments in the
world of lighting as well as enjoying a
showroom tour of the beautiful fixtures
and lamps. With all the changes in
lighting this was a most appropriate
event to keep up current and able to
offer advice to our clients.
In November we held our fall
PD Day with the Toronto
Chapter. This was a full day
event and a great success.
All of the topics and
presentations were geared to a
survey sent to our members in
advance so that we could offer
exactly what they are
interested in. In an industry
that is ever evolving, it is vital
for interior decorators to not
only stay on top of the latest
design trends and industry
news, but to also learn new technologies, master new
design techniques, conquer
N e w s . . .
Canadian Decorators’ Association Winter 2015 Volume 1, Issue 2
GTA West Chapter
internet marketing, and expand our knowledge in all areas of
running a business. The annual PD Day was the chance to do
all of that - plus mix and mingle with your amazing peers -
during a jam-packed day of learning, networking, lunch and
prizes!
The Agenda covered a presentation by three award winning
CDECA Members on “How to Win Awards and How to Get
Published” This was presented as an interactive panel
discussion
The second presentation was on Photography, by
photographer to the local celebrities, Larry Arnal, who shared
his knowledge of what it takes to create beautiful images for
portfolios and magazines. Fay Splett, Associate Publisher &
Editor of the Ontario Design TradeSource book and Homes
Publishing Group was also on hand
to offer information and advice.
After a lovely lunch we were given a
presentation on “Marketing your
Brand – From Insight to Website”
by Jason Bouwman, Principal & Creative Director of Compass
Creative which focused on the
components necessary to effectively
market your business in the digital
era.
Our final session was presented by
Michael Stein, a member of the
Community Team at Houzz and a
zealous Houzz user for many years.
Michael revealed how to improve
business efficiency, reach new
prospective clients and streamline
communications through Houzz.
10 Morrow Avenue
Suite 202
Toronto, ON M6R 2J1
Phone: 1-866-878-2155
E-mail: [email protected]
CDECA is your connection to decorating and
design in Canada. We offer our members a
wide range of benefits from discounts on insur-
ance and legal services, networking opportuni-
ties and exposure to consumers through our
website.
www.cdeca.com