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FINANCIAL SUCCESS IN CHALLENGING TIMES



Small Business Experts to Give Free Seminar for Design Industry

Victoria, British Columbia, October 29, 2008 -- Small business experts Peleg Top, co-founder of Marketing Mentor, and Mary-Lynn Bellamy-Willms, CEO of Suburbia Advertising and Founder of FunctionFox will be sharing information about how small design firms can stay financially sound in these troubling times at a free seminar on November 6 at Blank Spaces, Los Angeles, CA.

This one of a kind collaborative presentation is designed for both solo practitioners and small creative firms to enable them to create more profit from their businesses.

According to the Small Business Association, fifty percent of businesses will close their doors within the first five years. One of the main reasons for failure is financial mismanagement.

"The number one reason small design firms don't succeed is because owners underestimate just about everything that it takes to manage, sustain and grow a business," says Bellamy-Willms. "In these troubling financial times, i t's more important than ever for design professionals, who may possess great creative skills but lack the business knowledge, to take better control of their financial futures," she says.

Topics the seminar will cover include:

  • How to understand and implement key metrics and formulas
  • How to determine appropriate billable rates
  • What firms should be billing based on your staffing
  • The difference between performance-based and value-based compensation
  • How to talk to clients about money
  • How to get clients to reveal their budget
  • What to say to build trust with clients and charge the fees firms want

Seminar Details are below:

Date: Thursday, November 6, 2008
7:00 pm – registration and networking
7:30 pm to 9:00 pm – presentation
Place: Blank Spaces
5405 Wilshire Blvd, Los Angeles
(Between La Brea and Fairfax Blvd.)

To register: www.functionfox.com/beprofitable

ABOUT MARKETING MENTOR
Marketing Mentor is a business and marketing consulting and coaching firm for creative solopreneurs and owners of small creative firms. Founded by Ilise Benun and Peleg Top, Marketing Mentor brings over 35 years of combined expertise in the creati ve field. The firm helps clients learn the tools needed to market creative services and provides ongoing support for business growth. Marketing Mentor publishes books, podcasts and conducts business and marketing workshops across the country. www.marketing-mentor.com.

ABOUT FUNCTIONFOX
FunctionFox is the leading provider of time and project tracking software for small creative companies. TimeFox, its web-based timesheet and project management software, is the number one ranked time-tracking system in North America. Graphic design, advertising, communications, marketing, multimedia, public relations, and interactive firms all choose TimeFox as their web-based time and project management application. TimeFox is currently used by thousands of customers in Canada, the US, Europe, Asia, Australia and New Zealand.

For more information please visit http://www.functionfox.com or contact:

Corina Ludwig, President
FunctionFox Systems Inc.
#2-415 Dunedin Road
Victoria, BC, Canada
V8T 5G8

Toll Free: 1.866.369.8463
Telephone: 1.250.479.1285
Fax: 1.250.479.1285
info@functionfox.com

Media Contact
Corina Ludwig, President
FunctionFox Systems Inc.
#2-415 Dunedin Road
Victoria, BC, Canada
V8T 5G8

Toll Free: 1.866.369.8463
Telephone: 1.250.479.1285
Fax: 1.250.479.1285
info@functionfox.com http://www.functionfox.com

Testimonials
"Our PR and Design Agency looked diligently for a time and project tracking software application, only to find it right here in our own backyard. TimeFox paid for itself within weeks. Now we are accountable to our valued clients, we know how long we've worked on projects, and invoicing is a snap! I thank that little Fox every morning when he greets me upon log-in."
Maggie Kerr-Southin
Artemis Creative Communications

"TimeFox allows us to track our time more accurately by removing any/all objections my employees had to entering their time. More accurate time entries leads to better data for future project estimates because we have more accurate historical data. Better estimating leads to higher profitability and happier clients. All this leads to better profits and a happier CEO — me."
Shannon Carter
Cartis Group

"I needed a better time tracking system than the manual way we were doing things. I knew we weren't charging for all the "little" things and "quick" tasks like emails etc. We absolutely love your product. Learning to use it was so easy and it makes billing a snap. Thank you for developing such a functional tool. It's definitely making us more money."
Allison DeFord
DeFord Designs
Toll-Free 1.866.369.8463 | info@functionfox.com | © FunctionFox Systems Inc. 2008. Privacy policy. All Rights Reserved. All prices are in US Dollars. Plus applicable taxes. Subject to change without notice.