Category Archives: Office Space

Office Environment

A recent article, 7 Strategies for Creating a Culture of Caring at Your Business by Derek Carpenter  says that as a business owner, you aim to provide high quality products and deliver excellent customer service in order to thrive.  Nevertheless, developing a caring culture at your business is extremely necessary to meet these goals…..
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A recent article, 7 Strategies for Creating a Culture of Caring at Your Business by Derek Carpenter  says that as a business owner, you aim to provide high quality products and deliver excellent customer service in order to thrive.  Nevertheless, developing a caring culture at your business is extremely necessary to meet these goals.

Here are six ways to develop a caring culture to build an enviable team in team office space Orlando.

  1. Be clear about your expectations.

From the initial stage of the hiring process, be clear about your expectations. Employees are inspired and engaged  if they know what management expects of them from the start.

  1. Be an honest leader.

Trust is a product of honesty and transparency. Share information whenever possible to avoid negative rumors and gossips and helps employees feel that they are appreciated. Give them a stake in the company by holding regular update meetings in meeting space Orlando.

  1. Improve individual work experiences.

Allow employees to discover their passions and consider their proposals occasionally while remaining true to the company’s mission and vision. Help them rebound without judgment when they make mistake.

  1. Provide competitive compensation.

Provide a reasonable compensation package based on market rates. It’s impossible to keep talents if you are unwilling to pay them wages that make them feel contented and satisfied.

  1. Offer career development.

Provide training, seminar and professional development assistance to top players as rewards to let them know that their contributions are valued.

  1. Highlight strengths, not weaknesses.

It can be tempting to highlight employees’ weak points, but that leads to demoralization. So, instead of criticizing their weaknesses, recognize their strengths to keep them inspired and engaged.

Conclusion

Caring work environment leads to more efficiency, improved interpersonal engagements, better customer relations, and a healthier quality of life among employees. Designing office space where your team feels convenient and comfortable is strong evidence that you really care for them. YourOffice has come alongside hundreds of business looking for everything from staffed flexible offices to agile office space. 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.

Do you have a caring culture? Feel free to share your thoughts.  We’d also be glad to see you on Facebook and Twitter.

Office Space

A recent article, Why You Should Think Twice Before Getting Office Space by Jyoti Agrawal says that for some entrepreneurs working without an office space is unreasonable.  Some may feel they’re not really running a business if they have no physical office. However, there are many alternatives to office space…..
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A recent article, Why You Should Think Twice Before Getting Office Space by Jyoti Agrawal says that for some entrepreneurs working without an office space is unreasonable.  Some may feel they’re not really running a business if they have no physical office. However, there are many alternatives to office space.

If you’re on the verge of renting office space, here are reasons you may reconsider such plans.

1. The costs can strain your budget.

You need to know that there are several kinds of offices, from fully furnished offices for rent to office where you’ll buy your own furniture and pay for other utilities. So whatever you choose, renting an office can already be too costly for you. The money can be better used to solve other problems in your business.

2. There are other options.

If you’re already working from home and considering getting office space, there are other alternatives you’ve probably not considered. Coworking spaces are affordable and you pay monthly membership fees to use them and they can eliminate the need for a traditional office. You may get access to a meeting space too if you’re building your startup and need to meet regularly with your staff.

3. You’re in debt.

A physical office is definitely an unnecessary expense if you’re in debt. Your priority should be on paying off your debt.

4. Remote work is also trending.

Remote work reduces operating costs and gives you access to talents from all over the world, talents you wouldn’t get otherwise, and sometimes at lower rates.

5. Outsourcing is an option.

Like remote work, there are many benefits of outsourcing like saving on office space, greater efficiency, access to talents and lower overhead costs.

Conclusion

The alternatives discussed above will help you avoid renting an office at least for a while or maybe until you’re more profitable. Whatever your decision, choose an option that suits the needs of your business. YourOffice has come alongside hundreds of business looking for everything from staffed flexible offices to agile office space. 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.

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

Business

A recent article, 5 Benefits of Collaboration In Your Small Business by Anita Campbell says that creating a collaborative environment helps improve your business efficiency, productivity and credibility. Here are four essential benefits of collaboration for your small business in a flexible office space. Each employee fully understands their duties and responsibilities. Fostering a….
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A recent article, 5 Benefits of Collaboration In Your Small Business by Anita Campbell says that creating a collaborative environment helps improve your business efficiency, productivity and credibility.

Here are four essential benefits of collaboration for your small business in a flexible office space.

  1. Each employee fully understands their duties and responsibilities.

Fostering a collaborative environment helps employees gain clarity in their roles and therefore repetition of activities are being prevented. Things run more easily and get done correctly—that means more efficient processes, better communications, lower costs for the business, and faster turnaround times.

  1. Widen the potential pool of employees.

You can hire the person who’s best for the job, regardless of their geographical location instead of limiting yourself to just those in your immediate area. And if you can get the best possible freelancers in diverse places and in different coworking spaces for freelancers, you’re more likely to get more done and be more effective as a business owner.

  1. Leverage each employee’s skill and strength.

When your team members are working together on projects, tasks can be assigned to each person that is perfectly aligned with their particular strengths and skills. This helps increase your productivity and improve your efficiency and also saves you money by reducing your employee turnover rate.

  1. Produce more satisfied and happy customers.

When you have team members who are working together efficiently, happily and harmoniously, that will transform into better service for your customers and thus increase your bottom line.

Conclusion

By fostering a collaborative environment and using cloud collaboration tools, you can drive better bottom line results. Looking for office space for lease in Denver area where you can improve team collaboration?  YourOffice Denver has come alongside hundreds of business looking for everything from staffed flexible offices Denver to agile office space Denver. 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 benefit from team collaboration?  Let’s see your comments below. You can also visit us on Twitter and Google Plus.

Workplace

A recent article, Most Common Workplace Worries by Ceren Cubukcu says that most of our daily time is spent at workplace so ideally we want to feel relaxed and comfortable, but many of us feel anxious at work and always keep some fears at the back of our minds. Below….
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A recent article, Most Common Workplace Worries by Ceren Cubukcu says that most of our daily time is spent at workplace so ideally we want to feel relaxed and comfortable, but many of us feel anxious at work and always keep some fears at the back of our minds.

Below are the most common workplace fears and how we can overcome them.

  1. Unable to handle the workload.

In some workplaces like staffed flexible offices, there can be many days where you have to work overtime or on weekends. If you cannot handle this workload, try to rearrange  your activities to see if you can complete some of them faster or at least try to finish the important ones first. However, if you are still having difficulty organizing your workload, you can try to discuss it with your leader.

  1. Passed over for a promotion

If you really deserve a promotion and someone in the team office space has been trying to discredit you, then “stand up for your right”.   Build relationships with your coworkers so they can support you standing up for your rights.

  1. Dislike by your manager or leader.

We cannot always get along with everyone. If you feel that your manager or leader doesn’t like you, evaluate how you interact with her/him. Perhaps you cannot communicate well or maybe your work styles are different. Whatever the reason is, it is up to you to make it right.

  1. Getting fired.

At one point, anyone has the fear of getting fired due to economic issue or your company has been acquired by a bigger corporation.  If you have confidence with your manager, then you can talk to him/her about your worry of getting fired or you can ask him/her how you’re doing to get an idea about your stand in the workplace.

Conclusion

These are common workplace fears that can affect your engagement.  On the other hand designing office space appropriately boosts workplace productivity. 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.

Do you have workplace worries?  Feel free to share your story. You can also see us on Twitter and Facebook.

Entrepreneur

A recent article, 13 Finance Terms You Should Know as a Business Owner by Robert Gloer says that you don’t need to be a financial expert to have a successful business, but you should be familiar with some basic financial terms that affect your business. Here are 8 basic financial….
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A recent article, 13 Finance Terms You Should Know as a Business Owner by Robert Gloer says that you don’t need to be a financial expert to have a successful business, but you should be familiar with some basic financial terms that affect your business.

Here are 8 basic financial terms that you should know to understand your business.

1. Assets

These are the economic resources your business owns such as, cash, supplies, receivables (e.g. accounts receivable- money owed to your business by clients), furniture and fixtures, machineries and equipment, inventory.  These are used to generate revenue.

2. Liabilities

These are payables or financial obligations of your business such as credit-card balances, invoices from suppliers, taxes due, mortgages and loans.

3. Capital

This is equal to your equity and debt — the total resources available to your business.

4. Equity

It is your ownership interest in your company.  It is equal to your assets minus your liabilities. 

5. Revenues

This is the money you earn from operations (sales activities) also called as sales and gross income.

6. Expenses

The costs of running your business, including rent (e.g. meeting rooms rental, executive suites rental) salaries and wages, legal costs, advertising, taxes paid, and utilities.

7. Financial statements

Financial reports that indicate the financial condition and position of your business.

  • Balance sheet is a statement of assets, liabilities and equity as of a given period.
  • Income statement (Profit and Loss Statement) –revenues and expenses for a given period.
  • Cash flow statement — The movement/flow of money into, through and out of your business.        

8. Valuation

A figure or number representing your business worth—valuation is vital when you are seeking funding from investors.

Conclusion

These are the basic financial terms to help you communicate with other stakeholders. If you’re looking for workplace solutions for your business in Philadelphia to reduce your expenses, YourOffice offers you a wide choice of office and workspace solutions: flexible office space Philadelphia, team office space Philadelphia 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 Twitter and Facebook!

Leadership Tips

A recent article, Leadership Mistakes: 3 Things to Do When You Really Step In It by Ken Downer says that leadership means doing your best to keep the team together and moving forward.  Nevertheless, it’s inevitable that mistakes occur along the way, leadership mistakes will happen occasionally. What you do when….
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A recent article, Leadership Mistakes: 3 Things to Do When You Really Step In It by Ken Downer says that leadership means doing your best to keep the team together and moving forward.  Nevertheless, it’s inevitable that mistakes occur along the way, leadership mistakes will happen occasionally. What you do when they arise makes all the difference.

Here are three tips to handle leadership mistakes and make your team stronger than before.

1. Own it.

Good leadership is taking responsibility for your team in a team office space.  Taking immediate ownership (whether you did it or not) offers a lot of good reasons.

  • It sets a positive example for others to follow.
  • It fosters honesty and trust in your team.
  • It establishes a sense of personal accountability.
  • It allows the team to focus on finding solutions rather than finding fault.

2. Take necessary action to make things right.

  • A good start is a sincere apology: “I’m sorry.” “I messed that up.”  
  • Correct the problem at once, but if it will take time, you can book a meeting space and share the plan and timeline with the team, and adhere to it.
  • If the mistake deviates your team from your goal, review and reorient so that you’re taking the next steps moving in the right direction.
  • Be vocal about what was wrong and relate it to your team’s core values. In that way, you strengthen those values in a very powerful way.

3. Learn from the experience.

  • Reflect on how you can keep yourself from making the same mistake.
  • Discuss with your team and get their input if appropriate what methods or processes you could modify to prevent a recurrence.
  • Implement what you have learned.  

Conclusion

Making occasional mistake is inevitable, how you deal with it matters.  YourOffice will help you choose the right workspace solutions for your team.  YourOffice has come alongside hundreds of business looking for everything from plug and play offices to full service virtual offices. 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 handle leadership mistakes?  Let’s see your thoughts below.  You can also visit us on Facebook and Twitter.

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, 4 Keys to Mastering the Art of Delegation by Michael Mamas says that too often many business owners feel they need to be actively engaged in their business 24/7 otherwise the company will fail. Yet, this is disastrous. Here are three ways to free yourself from too much workload while running….
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A recent article, 4 Keys to Mastering the Art of Delegation by Michael Mamas says that too often many business owners feel they need to be actively engaged in their business 24/7 otherwise the company will fail. Yet, this is disastrous.

Here are three ways to free yourself from too much workload while running your business successfully in a commercial office space.

1. Delegate other tasks.

Delegating tasks gives you more time to pursue wider horizons. It enables you to raise your activities to a higher level and discover new possibilities for the business. You can spend more time to discuss in a meeting space with your key employees new ways to improve efficiency and productivity or to discover new marketing strategies or you might even find new products or services to offer your customers or clients. In other words, you can focus on the core of your business.

2. Delegate appropriately.

Ensure to delegate the tasks to the right individuals in order to get more things done and get  better results. However, always be prepared to step in when needed to keep your business running efficiently.

3. Create a backup staff.

There should be a backup group for the tasks you delegate so the entire business can run smoothly and continuously even if the person assigned to that certain tasks gets sick or suddenly leaves the company. Ensure that no task becomes dependent to one person alone.

Conclusion

These simple tips will help you enjoy your personal life while running your business smoothly and successfully.  Looking for workspace solutions to help your team work conveniently and productively?  YourOffice has come alongside hundreds of business looking for everything from staffed flexible offices to agile office space. 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 make yourself dispensable while running your business successfully? We’d be glad to see your comments and tips below.  We’d also be glad to see you on Facebook and Twitter.

Customer Service

A recent article, Five Customer Service Must-Do’s for 2018 by Shep Hyken believes that a business must keep updated otherwise they will be disrupted and find themselves either playing catch up or worse, shutting down altogether. Here are five customer service tips you must do to stay competitive in 2018…..
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A recent article, Five Customer Service Must-Do’s for 2018 by Shep Hyken believes that a business must keep updated otherwise they will be disrupted and find themselves either playing catch up or worse, shutting down altogether.

Here are five customer service tips you must do to stay competitive in 2018.

  1. Consider the varying expectations of your customer. The customers no longer compare you to just your competitors, but they expect more than ever.  They compare you to any company they like doing business with. So, be prepared to keep up.
  2. Offer them personalized experience. Make recommendations that are specific to every customer. Whether you have most modern software that tracks and analyzes customer data, or you just remember them when they visit your business in a commercial office space, identify your customers want and offer them a personalized experience.
  3. Respond promptly, particularly on social media.When a customer needs assistance or a question answered and they email it to you; they want a resolution right away, so respond to them promptly.
  4. Keep abreast of technology. Invest in the right technology to offer a better customer experience.
  5. Be more convenient than before.Be more convenient if you want to excel from your competition. Is doing business with you easier and more convenient?  It could be extended business hours, more office space locations, or a friendly website. The company that makes it easier and more convenient for the customer wins.

Conclusion

These are five tips to deliver a better customer service experience in 2018. YourOffice is looking forward to help you take care of the customers like you never have before. YourOffice has come alongside hundreds of business looking for everything from plug and play offices to full service virtual offices. 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.

Are there other ways to offer a better customer service experience?  Feel free to share your thoughts.  You can also visit us on Twitter and Facebook.

Leadership

A recent article, 5 Common Mistakes Leaders Make When Starting a New Year by Paul Keijzer says that it is a good to start the New Year on a positive note—to start with a refreshed sense of purpose. However, the more you ponder on your purpose, the more chances that your….
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A recent article, 5 Common Mistakes Leaders Make When Starting a New Year by Paul Keijzer says that it is a good to start the New Year on a positive note—to start with a refreshed sense of purpose. However, the more you ponder on your purpose, the more chances that your anxiety levels increase.

Here are some of the common leadership mistakes you should avoid to start your year successfully.

1. Setting too many dreams and goals.

Having too many dreams and goals is fine, but it can be overwhelming and often overambitious that can make you feel insufficient. Sure, you’re packed with enthusiasm as the year starts, but to get ahead of yourself isn’t the solution. Pace yourself. Stay focused on the few.

2. Wandering Without a Purpose.

Leadership is a journey with many mistakes and learnings, ups and downs. It’s an experience that can only be improved with a purpose, rather than an end result. You could set targets for the year that your team in a commercial office will strive to attain, but those targets should be serving a higher purpose.

3. Leadership isn’t a hat that anyone can put on and be great at.

Leaders usually get plenty of advice from famous leaders, books and various workshops/seminars in meeting rooms rental. While it’s good to enhance your learning from the experiences of others, remember that what works for one leader, won’t essentially work for you. From all the knowledge you obtain, apply those that work for you.

4. Fail to plan for contingency.

While you’ve the right plans to succeed, consider also all possibilities of failure so you can have a contingency plan ready to implement.

Conclusion

Every New Year starts with much anticipation and optimism for a more successful future, but be cautious with these common mistakes leaders make when starting off a New Year. Looking for better workspace solutions for the New Year? 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.

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!