Small Business

A recent article, Crisis Management Tips for Small Business Owners by Norman Guadagno says that making mistakes and facing failures from time to time are part of being an entrepreneur.  Nevertheless, you will get through it as long as you are resolute to pursue your business venture. Here are 3 ways to handle….
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A recent article, Crisis Management Tips for Small Business Owners by Norman Guadagno says that making mistakes and facing failures from time to time are part of being an entrepreneur.  Nevertheless, you will get through it as long as you are resolute to pursue your business venture.

Here are 3 ways to handle your small business crisis to stay afloat in an  office space for rent.

  1. Keep Calm and Composed.

Don’t panic, don’t get emotional.  That will only aggravate the issue at hand and make it harder for you to focus on finding the right solutions.

  1. Identify the Issue and Create a Plan to Resolve It.

Spend some time to assess and examine the situation. You can book a meeting room to discuss with your team the issue and make the necessary steps to resolve it.

  1. Seek professional help when necessary.

As a small business owner, you cannot do it all, so it is very crucial to know your limitations and ask professional advice and assistance if necessary. Asking help from an expert can reduce the risks of damage and harm to your business.

Conclusion

Follow these tips to help you thrive and stay afloat in your business journey. If your business is looking for a workplace solution in Ballantyne to stay connected and focused on your business, YourOffice Ballantyne has come alongside dozens of businesses looking for everything from office space Ballantyne to meeting space Ballantyne. We know your business is unique, and your office space shouldn’t be any different. Let us match the perfect space or service to fit your business needs.

How do you manage crisis when it strikes your small business?  Feel free to share your thoughts and comments below.  You can also see us on Twitter and Facebook!

Business

A recent article, 3 Keys to Turning Your Side Gig into a Full-Blown Business by Miranda Marquit  says that it’s awesome to turn your side gig into a full scale business.  With a little push, you’ll be in a great place where you can be your own boss and the….
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A recent article, 3 Keys to Turning Your Side Gig into a Full-Blown Business by Miranda Marquit  says that it’s awesome to turn your side gig into a full scale business.  With a little push, you’ll be in a great place where you can be your own boss and the potential of making more money.

Here are three factors to help your side gig turn into a full-blown business in a shared office space.

1. Effective time management.

First and foremost, you have to determine where you are most effective. Consider that there are some tasks you accomplish that contribute significantly to developing your side gig into a business. Look at how you’re utilizing your time. Try to determine some tasks you can outsource.  For instance, you can hire a virtual receptionist to answer calls “live” in your behalf. Also figure out if you are wasting time on things that aren’t beneficial.

2. Learn from successful business leaders.  

You can talk to a business leader you respect and get some mentorship. You can rent a meeting space so they can discuss with you how they manage their businesses, how they market themselves, the selling processes, and other valuable insights.

3. Create a business plan.

Planning is one of the best ways to make sure that your shift from side gig to full-time business is as smooth as possible. A business plan is a roadmap to your business success.  When you create a plan based on what you learn from others’ success, and then apply it to find out where you should spend your time, you have a better chance of success in the long run.

Conclusion

These factors are essentials to increase your chance of turning your side gig into a full-scale business.  Looking for perfect workspace solutions for launching your startup in Lake Mary?   YourOffice Lake Mary offers you a wide choice of office and workspace solutions: flexible office space Lake Mary, team office space Lake Mary and virtual office packages. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

We hope this article has been informative one and we’d love to hear your comments.  You can also see us on Google Plus and Facebook!

Startups

A recent article, 5 Tips for Maintaining a Work-Life Balance When You Work at a Startup by Tom Ireland says that working at a startup particularly at an early stage can be exhausting. Although you may enjoy dedicating a big portion of your time to a startup you truly believe….
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A recent article, 5 Tips for Maintaining a Work-Life Balance When You Work at a Startup by Tom Ireland says that working at a startup particularly at an early stage can be exhausting. Although you may enjoy dedicating a big portion of your time to a startup you truly believe in, working too much will certainly lead to burnout.

Here are tips to keep your work-life balance while working at a startup.

1. Allocate time

If you wait until you have extra time to do some things, you’ll never have any. Create a calendar for non-work as you have with your work-related activities. Whether it’s a gym session, going to a movie, going to a dentist appointment, or catching up with a friend.  Refer to your calendar and restore your work-life balance.  

2. Set a Schedule That Works for You

Of course with your employer’s approval and support, create your own flexible schedule that you’ll be more productive. You might be a night owl or an early bird, that’s okay as long as you have adequate overlap in hours with the people you need to collaborate with in order to get your job done.  

3. Communication Is Key

At a fast-growing startup, everyone is busy and you may be tempted to bear your workload in silence.  Communicate with your leader if you’re struggling, so he can book a meeting room to discuss with the whole team how responsibilities and tasks will be shared and handled efficiently.

4. Leave Work at Work

Avoid bringing your work at home even if you have to work extra hours. But if you decide to work at home, create a dedicated office space to prevent your leisure space from becoming “infected” by work, allowing you to maintain work-life balance.

Conclusion

Follow these tips to help you maintain a work-life balance.  If you’re living in the city of Denver and your employer allows you to work remotely at least once a week, YourOffice offers you a wide choice of office and workspace solutions: virtual office space Denver, meeting room access, and coworking office space Denver. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

Any tips for maintaining work-life balance? Let’s see your comments. You can also see us on Twitter and Google Plus.

Home Office

A recent article, 7 Fun Places to Work Away from Home by  Eric Rosenberg says that working from home offers flexibility and autonomy, but it can also be lonesome and isolating. Thus, you need to have some fun places to work. Here are some places for freelancers and online workers….
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A recent article, 7 Fun Places to Work Away from Home by  Eric Rosenberg says that working from home offers flexibility and autonomy, but it can also be lonesome and isolating. Thus, you need to have some fun places to work.

Here are some places for freelancers and online workers to get some social inspiration during the workday.

1. Coworking

Consider coworking spaces for freelancers if you want to work outside of the house on a regular basis. Coworking is a common term for shared office spaces designed for solo entrepreneurs and small teams. They normally provide desks, fast internet, printing, coffee, and community for members.

2. Coffee shop

Of course, coffee shop is one of the preferred places for remote workers and freelancers, but avoid grocery store coffee stands, most likely don’t have free wireless internet or tables to sit at while working.

3. Local Library

You can choose to work in your local library which has plenty of desks and tables to use with free internet.  Just make sure to observe the rules and regulations otherwise you might get scolded by a librarian.

4. Hotel lobby

As long as you dress like a guest, you’ll fit in well with the business travelers and conference attendees.  Avoid smaller hotels, as you might recognize as someone who is not a guest and doesn’t belong.

5. College campus

If you live near a local city college, you can also work there. Aside from the campus library, discover the different buildings, dining areas, and hang outs that are popular places for students to go and work on projects and homework assignments. Chances are they work well for you too.

Conclusion

Be creative, find out a few options around your area to work outside from home from time to time and maintain human interaction.  You will find your work lifestyle much more enjoyable.  As a freelancer, are you looking for workplace solutions in Philadelphia to establish your professional presence?  YourOffice Philadelphia offers you a wide choice of office and workspace solutions: small office space Philadelphia, executive suites Philadelphia and meeting space Philadelphia. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

What is your preferred place to work away from home? Feel free to share your comments.  You can also visit us on Facebook and Twitter.

Business

A recent article, 5 Ways to Keep Your Business from Becoming Stagnant by Kayla Sloan says that when you start your own business, you’re excited about your new venture and have lots of plans and projects to make it thrive.  Nevertheless, when the excitement subsides, what you are left with….
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A recent article, 5 Ways to Keep Your Business from Becoming Stagnant by Kayla Sloan says that when you start your own business, you’re excited about your new venture and have lots of plans and projects to make it thrive.  Nevertheless, when the excitement subsides, what you are left with are tons of work and demands on your time. You are inundated with daily routines and not recognize when your business ceases to thrive and grow.

Here are some tips you can consider to keep your business from becoming stagnant in a commercial office space.

1. Set New Goals

Review your past goals and determine how many of them are not yet attained and add them to your new set of goals.  This list should be reviewed once a month to ensure you are making progress.

2. Update Your Website

You may need to make some updates to your website when you feel that your business is becoming stagnant.  Remember, many internet users are using mobile devices so ensure to make your website mobile friendly otherwise you could be losing business.

3. Add New Products or Services

Add new products or services to keep your business thriving.  If you aren’t sure what to add to your business to enhance it , you can ask your loyal customers what can you add to your product/service, after all, your customers are invaluable resource to help you determine what more you could be doing in your business.

4. Host an Event

Host an event in a meeting space where you have a guest speaker who demonstrates a new product you carry or hold an anniversary sale instead of having the same old sales events every year.

Conclusion

As a business owner your time is precious, so make the most of it by making some enhancements and changes to keep your business from becoming stagnant. If you’re looking for better workspace solutions for your business in Ballantyne, YourOffice Ballantyne has come alongside dozens of business looking for everything from office space Ballantyne to meeting space Ballantyne. We know your business is unique, and your office space shouldn’t be any different. Let us match the perfect space or service to fit your business needs.

Any other tips to help your business thrive?  We’d love to see your thoughts.  You can also see us on Twitter and Facebook!

Designed Office

A recent article, Common Office Design Mistakes to Avoid by Ceren Cubukcu says that office design is very crucial to your business reputation as well as to your employee’s productivity.  However, many business owners don’t spend enough time and budget for the office designs. A poorly designed office space can….
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A recent article, Common Office Design Mistakes to Avoid by Ceren Cubukcu says that office design is very crucial to your business reputation as well as to your employee’s productivity.  However, many business owners don’t spend enough time and budget for the office designs.

A poorly designed office space can adversely affect creativity, collaboration, and employee morale. It also affects your company reputation in the eyes of your clients and investors.

Here are four common office design mistakes to avoid.

  1. Bad Lighting.

Lighting affects productivity and natural lighting (sunlight) is the best lighting. Nevertheless, if it’s not possible for your office to use natural lighting, then, use soft lighting. Try to use yellow or orange lighting and refrain from using bright LED lighting because extreme brightness causes headaches and anxiety. Designing office space with soft lighting makes your office look elegant, soft and warm.

  1. Poor Reception Area.

Your reception area gives the first impression of your office to your visitors. It represents how you value them. Using the reception area as storage space or workspace for your employees is very unbecoming and unprofessional.  Instead, make the reception area welcoming and impressive.  

  1. Poor Acoustics.

It is very important to use acoustic materials in walls to reduce noise levels. No one can be productive in an extremely noisy office. However, making it too quiet is also not perfect for an office because it would be like a library and this won’t be very comfortable for the office staff. The noise level should be just enough for productivity.

  1. No storage space.

No designated storage area in the office makes your files and documents cluttered and there’s a risk of losing/misplacing important documents. The best solution is to have a storage room or if you have limited space you can put several cabinets/drawers in the remaining empty spaces.

Conclusion

Having a well designed office space will foster employee engagement and productivity as well as attract more clients.  YourOffice is a leader in providing the most prestigious fully serviced office space and meeting space for any size business. Convenient, hassle free, and move in ready- our offices, meeting rooms, and conference rooms are designed to meet your business’ every need.

How do you design your office appropriately?  Feel free to share you comments. You can also see us on Twitter and Facebook.

Business

A recent article, The Next 5 Steps to Take After You’ve Been Denied a Small Business Loan by Jared Hecht says that it is very disappointing to see your business dreams halted by the denial of your first small business loan.  You feel rejected and have no idea what to do….
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A recent article, The Next 5 Steps to Take After You’ve Been Denied a Small Business Loan by Jared Hecht says that it is very disappointing to see your business dreams halted by the denial of your first small business loan.  You feel rejected and have no idea what to do next.

Here are the next things you should to after a business loan denial to ensure a successful loan in the near future.

1. Figure out why your application was declined.

Understanding why you’ve been denied will allow you to address those specific concerns before seeking funding again in the future.

2. Check your business and personal credit reports.

Your personal and business credit score has great impact on your loan application. So ensure to check your personal credit report/score for any discrepancies or overdue that may have contributed to the denial.  Also, if your business is relatively new, you should establish your business credit by asking vendors, creditors or even the proprietor of your retail property or office space to report your payment history to major business credit reporting services.

3. Improve your business’s financial standing.

The strength of your annual income, cash flow and business savings is also critical in your loan application. Taking an objective feedback from your lender may help you to determine what steps you can take to improve your financial standing or choose a loan product that will be a better fit. You may consider applying for a lower amount of funding in order to increase your chance of approval until you can establish your business’s financial standing.

4. Apply carefully the second time.

This time make sure that all the required documents are accurate before submitting to avoid the risk of denial for the second time.

Conclusion

Being rejected in your first small business loan is not the end of your business financing journey.  If you’re looking for workspace solutions while waiting for next loan approval, YourOffice offers you a wide choice of office and workspace solutions: virtual office space, meeting room access, and coworking office space. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

What did you do when you’ve been denied a small business loan?  Feel free to share your story.  You can also visit us on Twitter and Google Plus.

Startup

A recent article, 5 Bootstrapping Tips for Any Startup by Renzo Costarella says that as much as possible, a startup should try to retain ownership.  And bootstrapping is one of the best ways to do this. Here are four bootstrapping hacks you can use for your startup. 1. Produce revenue….
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A recent article, 5 Bootstrapping Tips for Any Startup by Renzo Costarella says that as much as possible, a startup should try to retain ownership.  And bootstrapping is one of the best ways to do this.

Here are four bootstrapping hacks you can use for your startup.

1. Produce revenue early.

Funds will be very tight when you bootstrap a startup in a shared office space. That means, you have to ensure you choose a business model that can generate income from day one.

2. Refrain from using credit card as much as possible.

Unless you extremely need to use the credit you should avoid taking on debt at all costs. Credit card debt can seriously add up and start to beset you as the business owner. Bootstrapping also means you have to be very careful about your spending.

3. Wear Different Hats.

You’re going to need to wear many hats in the early stages of your startup. It means that you need to handle almost everything from sales, customer service, inventory management, accounting, or scheduling meetings in various meeting rooms for rent.

4. You need to be creative.

When bootstrapping your startup, it’s essential that you get into the habit of negotiating every deal. It gives you the opportunity to be creative. And everything can be negotiated. Your ability to negotiate will benefit your startup.  Perhaps you can offer a good or service in return. Or you can bundle a few purchases together for a lower price. The more you practice this skill the more successful you’ll be in the long run.

Final Thoughts

Bootstrapping can be difficult as it means you’ll need to forego raising capital at an early stage of your startup.  While you have a tight budget, YourOffice can help you choose a workspace solution that best fit for your present business and have multiple options for future growth. YourOffice offers you a wide choice of office and workspace solutions: flexible office space, team office space and virtual office packages. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

We hope this article has been a helpful one.  We’d love to hear your comments. You can also see us on Facebook and Twitter.

Business

A recent article, The Next 5 Things You Should Do After a Business Failure by Larry Alton says that  even if you start with a brilliant idea, have an awesome team to make that idea a reality, have contingency plans, external factors out of your control and a lack of….
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A recent article, The Next 5 Things You Should Do After a Business Failure by Larry Alton says that  even if you start with a brilliant idea, have an awesome team to make that idea a reality, have contingency plans, external factors out of your control and a lack of overall  experience can cause your business to fail.  What are you going to do if and when you fail?

If your first business fails, you can follow these steps to start your recovery.

  1. Find out the causes of failure. 

Spend some time to review your business history in a commercial office space and identify the main causes of failure, as well as the decisions that led to failure. The better you understand the causes, the more you’ll be able to avoid the same mistakes in the future.

  1. Get your finances in order. 

You’ll no longer be able to depend on your business as a main source of income so make sure you get your personal finances in order.

  1. Take time for yourself. 

Losing a business is not easy, but take it as an opportunity to collect yourself and spend some time doing what you want to do. You can take a vacation; spend time on hobbies and personal tasks, clear your mind enough to come up with some new ideas, and organize yourself to take on whatever venture you have planned next.

  1. Start planning about a new business venture. 

If you’re designed to be an entrepreneur, no single business failure can stop you from following your vision. Start keeping track of your fresh business ideas, and sketch out the potential ones with prototype business plans.

Conclusion

Consider business failure as an essential step to a longer journey. Moving forward with more experience, knowledge, wisdom, humility and a new plan will make you more likely to find success in your next endeavor. If you’re looking for workspace solutions for your new venture in Philadelphia,  YourOffice Philadelphia offers you a wide choice of office and workspace solutions: small office space Philadelphia, executive suites Philadelphia and meeting space Philadelphia. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

We hope this article has been informative one and we’d love to hear your comments.  You can also see us on Twitter and Facebook!

Business Owners

A recent article, How Successful Business Owners Rebound After Setbacks by Amanda Abella says that difficult times won’t stop successful business owners from striving.  Then, how can they rebound after having a hard time? Here’s how. 1. They focus on the positive. Successful business owners in various places and in….
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A recent article, How Successful Business Owners Rebound After Setbacks by Amanda Abella says that difficult times won’t stop successful business owners from striving.  Then, how can they rebound after having a hard time?

Here’s how.

1. They focus on the positive.

Successful business owners in various places and in different plug and play offices know that nothing is perfect.  They readily admit and accept that things are going wrong, but they decide to focus on what’s working— they choose to focus on the good things.

2. They are realistic.

As mentioned, successful business owners know that things aren’t perfect and that setbacks are inevitable and hard times are part of the game. They know they will encounter bumps and hitches along the way, they know they will get rejected. They know there will be good weeks and bad weeks, but they believe they will overcome the challenges.  They use setbacks as a catalyst to succeed.

3. They learn from the circumstances.

Once the setback is over, successful business owners rebound by learning what they can from the circumstances.  They look at the result and information presented by the circumstances and look for the ways to do better. Whatever it is, successful business owners rebound by noting how they can improve.

4. They move forward.

One way that successful business owners rebound is to let go of the past and move forward. They focus on the next time, they trust in the abundance of opportunity and they believe it will come to them.

Conclusion

As a business owner, you need to understand that setbacks are certain in your business journey, but these tips will help you learn to rebound and move on. If you are looking for the right set-up for your present business condition and looking for several options for anticipated expansion, YourOffice offers you a wide choice of office and workspace solutions: flexible office space, team office space and virtual office packages. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.

We hope this article has encouraged you to strive despite setbacks.  We’d also be glad to see your comments.  You can also visit us on Facebook and Twitter.