Tag Archives: Business

Business

A recent article, Sobering Lessons All New Entrepreneurs Learn by Dan Radak says that nowadays, many people are aspiring to run their own business; they feel optimistic for the modern entrepreneur believing that we are in the Golden Age of Entrepreneurship. Are you one of them? Here are three significant truths….
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A recent article, Sobering Lessons All New Entrepreneurs Learn by Dan Radak says that nowadays, many people are aspiring to run their own business; they feel optimistic for the modern entrepreneur believing that we are in the Golden Age of Entrepreneurship. Are you one of them?

Here are three significant truths you should learn before quitting your job and jump on the bandwagon.

A great idea is not enough.

It’s not true that running a successful business is all about a brilliant idea and that everything will fall into place seamlessly.  Thorough research, studies and planning are extremely necessary to have a successful startup.   It takes a lot of skills and hard work (not a magic wand) to transform your idea into a viable product/service.

There are lots of obstacles.

The numerous obstacles that new entrepreneurs come across are sometimes devastating. Here are some issues your company might encounter and should be handled properly; otherwise you won’t go further.

  • Funding is really difficult to obtain.
  • Competition is just too tough to break through.
  • Low or poor customer satisfaction.
  • Employee turnover rate is high or inability to hire talent.
  • You might realize that the office location you chose is shabby and you need to look for a modern office space like SouthPark Agile Office Space or SouthPark Executive Office Space.

Personal and family lives suffer.

Starting a company and managing it in the early stages will take a high toll on your personal and family life.  It isn’t regular working hours, but it’s a 24/7, 365 days of the year. You need to work beyond your comfort zone (sacrificing the precious time with your family and your own leisure) in order to survive those fragile early years.

Conclusion

These truths may seem frightening, but learning these will strongly determine if you’re fully equipped to take your journey in the business realm.  Looking for an office in SouthPark?  Look no further! YourOffice-SouthPark offers you a wide choice of office and workspace solutions: single or multiple offices, team/conferencing/meeting spaces 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.

 

Are you determined to start your own business?  Feel free to share your thoughts.  You can also see us on Facebook and Google Plus.

Employee Morale

A recent article, 5 Ways to Improve Employee Morale and Engagement by Andrew Deen says that low morale increases the rate of turnover, which dramatically drains business time and resources in hiring and training new employees. Here are five tips to boost your employee morale and make them loyal and….
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A recent article, 5 Ways to Improve Employee Morale and Engagement by Andrew Deen says that low morale increases the rate of turnover, which dramatically drains business time and resources in hiring and training new employees.

Here are five tips to boost your employee morale and make them loyal and engaged employees.

Encourage teamwork

Encourage teamwork within your organization to prioritize engagement and morale—employees help attain business goals if they work harmoniously with the people around them. Team building activities like watching talent shows, participating in volunteer work or lunching with the team will help build team rapport, promote positive morale, and support ongoing engagement.

Provide a prestigious and modern workspace

A prestigious and modern workplace like executive suites Philadelphia or Office Space Philadelphia help increase employee morale and engagement.  Employees who enjoy their work environments are more inspired to report to work and perform their tasks happily and efficiently.

Express gratitude

Special events like pizza or ice cream parties and company outings are great ways to express your gratitude to the entire workforce. It’s also vital to show you care on a personal level to recognize each employee achievement and make sure you give a token of appreciation for employees on their birthdays and other special days. These gestures will mean a lot to your team.

Offer wellness programs

Wellness of employees has a huge impact on productivity, thus providing wellness programs like “quiet rooms”  for stressed employees , massage, gym memberships, flu shots, etc. are great ways to motivate employees and keep them in good shape–these improve engagement and morale because they feel they’re well taken care of.

Provide career advancement opportunities

Providing career advancement programs (which are relevant to your business)  to employees, such as seminars, tuition assistance, continuing education classes, and other learning opportunities will help keep your employees’ engaged and inspired.

Conclusion

Inspired employees stick around and help attain business goals. Create an environment where people want to work, and you can accomplish great things! YourOffice is a leader in providing the most prestigious executive office space and shared office 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 inspire your workforce?  Let’s see your stories below. Feel free to see us also on Twitter and Google Plus.

Business

A recent article, 9 Tips For Growing A Successful Business by Chris Seabury says that many people simply start the business with the misconception that it’s easy to earn money in the business — only to find out later that it‘s harder than they thought.  In reality, flexibility, sound planning and….
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A recent article, 9 Tips For Growing A Successful Business by Chris Seabury says that many people simply start the business with the misconception that it’s easy to earn money in the business — only to find out later that it‘s harder than they thought.  In reality, flexibility, sound planning and organizational skills are key factors to succeed in business.  

Here are some necessary steps to have a successful business.

  1. Get Organized : Create a to-do list every day and check off each completed item to make sure that you don’t miss anything and you’re completing all the tasks that are essential to the success of your business in small office space Orlando.

  2. Maintain comprehensive records : Comprehensive records will enable you to determine the financial position of your business in executive suites Orlando and the possible challenges you’ll be facing. These records will help you create strategies for your business success.

  3. Know your Competitors : Study and learn from your competitors—they may be doing something right that you can adopt in your business to earn more cash.

  4. Understand the calculated risks : Knowing the downside of your business will encourage you to create a contingency plan in preparation for failure or delay.

  5. Be innovative : Recognize that you don’t know everything—be ready to learn and accept new ideas and new approaches to your business in order to stand out from the competition.

  6. Offer great customer service : Provide great service to satisfy the needs of your customers and subsequently they will become your brand advocates.

Conclusion

Following these steps will guide you to unlocking many doors of opportunity in the business realm. YourOffice is looking forward to be part of your successful business journey. YourOffice features a network of world-class business addresses. Each location offers both beautifully appointed short term offices and permanent individual office space. Our offices are move-in ready and equipped with top furnishings and technology that are guaranteed to leave a lasting impression.

 

How do you manage your business to thrive?  Let’s see your comments and suggestions below. You can also follow us on Twitter and Facebook.

Business Venture

Do you want freedom to build something your way?  Well, perhaps launching your own business is the best idea you can think of.  A recent article, 5 Things Every Aspiring Startup Must Do Right by Vitaliy Verbenko says that your startup success depends on your entrepreneurial spirit, expertise, skills and being….
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Do you want freedom to build something your way?  Well, perhaps launching your own business is the best idea you can think of.  A recent article, 5 Things Every Aspiring Startup Must Do Right by Vitaliy Verbenko says that your startup success depends on your entrepreneurial spirit, expertise, skills and being in the right place at the right time.

Here are three tips to help you launch a successful startup.

1. Find an office located in startup- friendly area.

If you want to pitch your startup to a group of investors, a very good deal is to find an office located in startup-friendly areas like New York, San Francisco or Denver.  For instance, if you’re in the area of Denver, you can launch your startup in small office space Denver or Denver Individual Office space which is located in the heart of the downtown financial district.

2. Leverage your available resources.

As a startup you have little alternative other than to make do with what you have, so you need to optimize the use of your time, effort, money and human resources. You need to do a cost-benefit analysis which means you substantiate every single penny you spent to keep your startup running.  

3. Build clientele while developing your product.

Start offering something of value as early as possible to create a prototype, product or service you know your audience needs and they would be willing to pay money that will satisfy them.  For instance, offer niche restaurant suggestions if you’re a food lover or write about a particular subject in which you are authoritative.  This way, you’re finding hidden markets while being agile and in control of your resources to your benefit.

Conclusion

These are the things you need to know before you board on the roller coaster known as building a startup. If you’re ready to launch your first business venture, 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 an informative one.  We’d love to hear your comments below.  You can also see us on Google Plus and Twitter.