Category Archives: Office Space

Basic Onboarding Program for Your Small Business

A recent article, 10 Onboarding Best Practices Every Small Business Should Follow by Rob Starr says that every small business should have Onboarding practices that integrate new hires into your business culture and procedures— to provide them engagement from the first day of work and onward. Here’s a Basic Onboarding….
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A recent article, 10 Onboarding Best Practices Every Small Business Should Follow by Rob Starr says that every small business should have Onboarding practices that integrate new hires into your business culture and procedures— to provide them engagement from the first day of work and onward.

Here’s a Basic Onboarding Program your small business should implement. 

  1. Let a new hire feel a sense of belonging. Before your new hire shows up on day one in your Team Office Space Ballantyne, send them any company information before they start so they feel welcome. Also, you can send them any paperwork that can be filled out through email to start building their focus and engagement.
  1. Discuss to a new hire your company policies. Discussing with new hires the company policies is critical. Ideally, in the first day of the new hires, provide them a copy of your company policies and guidelines and you can use your meeting space Ballantyne to discuss with them in detail your company’s dress code, policy about lunch break, leaves, tardiness, absences, pay periods, etc.
  1. Introduce a new hire to the team. Your existing team members want to know who the new face is in the team. In just a few words, tell something about who the new employee is and the significant role they’ll be playing in your company.
  1. Give a new hire a work buddy. Assign a buddy for the first few months to help a new hire adjust and get acquainted with their jobs. Make sure they understand it is fine to ask questions during any part of the process.
  2. Let a new hire see the big picture. Show to a new hire every department of your company to see the entire workflow and allow them to understand how their efforts contribute to the whole. It’s also a good idea to assign one employee in each department to answer any queries.

Onboarding program is essential to every business to help new hires move forward. Likewise, a well designed office space is a key factor to retain top talent. 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 you comments.  You can also see us on Twitter and Facebook!

5 Possible Reasons Why Business Fails

Starting a business always entails risks, and unfortunately not every business will thrive. A recent article, How to Rebuild After Your Business Fails by Mike Kappel says that according to research, roughly 30% of new businesses fail during the first two years of launching. Here’s why. Lack of research on….
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Starting a business always entails risks, and unfortunately not every business will thrive. A recent article, How to Rebuild After Your Business Fails by Mike Kappel says that according to research, roughly 30% of new businesses fail during the first two years of launching. Here’s why.

  1. Lack of research on market trends/demands.

Businesses fail because of lack of market demand for their product/service. It’s critical to carefully investigate and thoroughly research the market you are trying to enter when you launch your business.   Think outside the box by researching unsaturated markets and develop something new that will attract customers rather than trying to go into a crowded market.

  1. No concrete business plan.

One common mistake entrepreneurs make while launching their ventures in a commercial office space is not having a solid business plan. Starting a business isn’t just about your passion, but you should have a realistic and attainable business plan. It must be clear and concise and must contain sections of your mission statement, market analysis, details about your product or service, and business goals. It should also include possible problems and solutions for issues you may encounter.

  1. Insufficient Fund.

Many businesses launch with insufficient capital, so it might mean that your business can’t pay bills or loans on time. Plan your finances when you start your business, consider expenses such as office space rentals, insurance, supplies, salary and wages, etc.  to help raise enough capital and to keep you financially stable as you grow your business.

  1. Poor location and lack of internet presence.

Your location lends trust and prestige to your business reputation.  You must focus on your internet presence just as much as your physical business location. Create an inviting website that’s easy to navigate for potential customers. Your strong internet presence about your business’s product/service is necessary for customers researching and shopping online.

  1. Ignoring customer feedback.

Businesses that lose touch with their customers by ignoring customer feedback are most likely to fail.  Watch and observe customer trends and find out what people like about your product or service. Listen to customers feedback whether positive or negative and respond to them courteously and accordingly.

Conclusion

These are the most common causes why a business doesn’t prosper. So if your first venture failed, take time to recover and give yourself a financial and mental break to relax before you dive into another venture. When you’re ready to take another venture in Lake Mary, YourOffice Lake Mary features a network of world-class business addresses. Each location offers both beautifully appointed short term offices Lake Mary and permanent individual office space Lake Mary. Our offices are move-in ready and equipped with top furnishings and technology that are guaranteed to leave a lasting impression.

What are the lessons you learned from your first venture?  Let’s see your comments below.  You can also visit us on Facebook.

4 Startup Goals to Set Your Business Up to Success

A recent article, Goals of a Startup Entrepreneur That Will Set the Business Up For Future Success by Tommy Wyher says that entrepreneurs are visionary and have a proactive approach to set the business up for long term success. Here are 4 goals startup entrepreneurs need to focus on in….
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A recent article, Goals of a Startup Entrepreneur That Will Set the Business Up For Future Success by Tommy Wyher says that entrepreneurs are visionary and have a proactive approach to set the business up for long term success.

Here are 4 goals startup entrepreneurs need to focus on in order to succeed  in the years to come.

  1. Keep Overhead Expenses to a Minimum.

In the early years of your startup, it is crucial to keep overhead expenses to a minimum to thrive without compromising the quality of work. For instance, lease a flexible office space that provides the right set-up for your startup today and offers multiple options to support future growth. Review your monthly expenses so you can set realizable sales target. Expenses like salary and wages, office space/meeting rooms rental, software and insurance should be included in your budget as you might find costs that aren’t necessary or can be reduced.

  1. Implement Outsourcing and Automation.

Evaluate your current processes to determine what needs improvement under high order volume. It’s crucial to create scalable processes to get the large volume of deliverable done in a timely manner.  The freelance community in coworking spaces for freelancers can be a massive help with this as having various freelancers that can finish rush work is invaluable. Automation is also vital to minimize errors and to maximize employee productivity.

  1. Create an Internship to Hire Program.

One major challenge that many startups encounter is nailing down a hiring process that consistently picks applicants that are brilliant. An internship program can be a great tool to determine how a person works and whether they are a company culture fit or not. With this internship program, it can be much easier to attract top talent as many college students will compete to land a job immediately after graduation.

  1. Keep your Company Income Stable.

Setting a reasonable sales target and keeping client retention high are both essential for your sales team to start positive.  Gaining a few new clients every month can make a big difference by the end of the year. Offering long term discounts to clients to sign longer contracts during the early years of a startup is a smart move to stabilize your company income.

Conclusion

These goals are what you need to achieve during the infancy of your business. If you need workplace solutions in Denver to keep your overhead costs without compromising your productivity and efficiency, YourOffice Orlando offers you a wide choice of office and workspace solutions: Orlando flexible office space, Orlando team office space and Orlando 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.

What other goals you need to achieve to set your company up for success? Feel free to share your comments. You can also see us on Twitter and Facebook.

5 Ways to Have Meaningful Meetings with Your Staff

Having meaningful conversations with your staff is essential to your company’s success. However, in an article, The Top Overlooked Communication Skill of Great Leaders by Lou Casale says that as a leader or manager, if you’re always dominating conversations and keep on talking, you may be missing out on unique….
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Having meaningful conversations with your staff is essential to your company’s success. However, in an article, The Top Overlooked Communication Skill of Great Leaders by Lou Casale says that as a leader or manager, if you’re always dominating conversations and keep on talking, you may be missing out on unique ideas that others are hesitant to share.

Here are some tips to ensure conversations in your company are more engaging and productive.

  1. Encourage participants to come to meetings with ideas in writing.

Allow everyone to discuss their insights, regardless they may sound contradicting. Sometimes an idea that may seem conflicting can ignite enough conversation to turn out to be an idea that makes a big difference.

  1. Focus your undivided attention on the person who is speaking and ask clarifying questions.

Make sure everyone in the meeting space has an opportunity to both speak and listen. Leaders and managers aren’t the only ones who benefit from listening, but it will help your staff better understand the business and its challenges in the future.

  1. Ask thought-provoking questions to yield greater responses and ideas.

Asking great questions will allow you to learn more about your colleagues and the facets of the business you may be less involved with on a daily basis. Great and tough questions will also allow the person who is responding learn and discover things they may not have realized.

  1. Provide positive reinforcement to colleagues who suggest new ideas and solutions.

Recognizing your colleagues in team office space who suggest potential ideas and implementing their solutions on projects will result in more collaborative and meaningful conversations in the future.

  1. Ensure issues that arise are assigned to the right people.

Clearly communicate priorities to everyone so they will understand which projects or tasks are the most significant. Also, allow the right people to give their suggestions on the prioritization of these issues. Follow up with the team or provide status updates accordingly.

Conclusion

By being a good listener, you empower your staff to present new and interesting solutions to the challenges your business faces. You build trust and connectedness within your organization as you set out to accomplish your vision and goals, thus everybody learns and wins. If you’re looking for workspace solutions for your team in Ballantyne, 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!

6 Questions to Ponder Before Launching Your First Business

A recent article, 11 Questions to Answer Before Quitting Your Job to Start a Business by Kenneth Burke says that today, it’s easier to start a business than before.  However, entrepreneurship is not for everyone. Take the time to answer the following questions honestly and carefully before you quit your….
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A recent article, 11 Questions to Answer Before Quitting Your Job to Start a Business by Kenneth Burke says that today, it’s easier to start a business than before.  However, entrepreneurship is not for everyone.

Take the time to answer the following questions honestly and carefully before you quit your job and start your own business.

1. Why do you want to start a business?

 If you’re just trying to flee from issues with your present job in an agile office space then starting a business will be a wrong move.  Nevertheless, if you have the passion and idea, then you’re on the right path.

2. Do you have potential market?

Do some research, if there’s no one interested to buy the product, don’t try to force it!

3. Do you know how to start a business?

You need to prepare yourself before diving in. Here are a few things to consider.

  • How will you acquire/create your products?
  • What kind of business structure do you need?
  • What are the legal requirements?
  • How will you promote your brand?
  • Will you need to hire an employee?
  • Will you need to lease commercial office space?
  1. How much support will you need along the way?
  • How will you support yourself/family as you start your business?
  • Do you have adequate funding to start your business?
  • Will you hire a mentor or learn everything on your own?
  • Who will encourage you to keep going when times seem hard?
  1. Are you ready to handle failures/setbacks?

Do you have the courage to keep going through setback after setback? Can you handle challenges confidently?  If yes, that’s awesome!

  1.  Is the commitment your business will take worth it to you?

If you think your sacrifices will be worth it, then go ahead and start your own business.

Conclusions

These are some of the most important questions you need to consider to guide you in the right direction.  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.

Are you ready to start your business?  We’d love to hear your comments.  You can also visit us on Twitter and Facebook.

4 Benefits of Asking for Help for Your Small Business

A recent article, Why Asking for Help Is the Best Thing a Small Business Owner Can Do by Anna Johansson says that most of the time small business owners are reluctant to ask for help even when they need it.  Nevertheless, did you know that your willingness to ask for help and your admission….
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A recent article, Why Asking for Help Is the Best Thing a Small Business Owner Can Do by Anna Johansson says that most of the time small business owners are reluctant to ask for help even when they need it.  Nevertheless, did you know that your willingness to ask for help and your admission that you don’t know it all is beneficial to you, your business and to the people who are willing to help you?

Here’s why.

  1. You feel more energized and inspired

When you know that you’re not alone in running your small business in an individual office space, and there is someone who’s willing to help you can boost your sense of purpose and give you the push to press on. 

  1. It allows others to share their talents

When you ask for help, you allow others to share their talents and skills and at the same time you’re able to offer a gift to the giver by instilling confidence in them.  It’s a win-win situation.

  1. You’re potentially growing your network

When you ask for help from colleagues, experts and other professionals, you’re actually expanding your network.  You’re building relationships with other people that can help your business grow.

  1. You learn new ideas and approaches

Learning from others how they were able to grow their business despite the bumps and obstructions along business journey allows you to find new ideas and approaches that could eventually lead to new opportunities for your own business endeavor.

Conclusion

Asking for help is not a sign of weakness, but it helps you find the right way to success.  So, if you’re looking for Office Space in United States, don’t be afraid to contact and ask Office Space Brokers to help you find the perfect one for your business. 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 informative one and we’d love to hear your comments.  You can also see us on Twitter and Facebook!

3 Important Questions That Determine Good Leadership

A recent article, Three Questions that matter the most for a Leader by Mukesh Gupta says that there are three essential elements of effective leadership and these are determined in the following core questions that matter the most to the people whom you intend to lead. Do you really know what you are talking….
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A recent article, Three Questions that matter the most for a Leader by Mukesh Gupta says that there are three essential elements of effective leadership and these are determined in the following core questions that matter the most to the people whom you intend to lead.

  1. Do you really know what you are talking about?

Competence is the most essential element of an effective leadership. A full understanding of what you are talking about validates your competence and ability. Competence promotes respect and trust which makes you a good leader.

  1. Can you be trusted?

Leadership is about trust, and trust is earned.  Thus, people will trust you if you prove your competence, and you do what you say and live up the values that you expect your team in team office space to live up to.  Being transparent and consistent with your intentions are essential factors of trustworthiness. 

  1. Do you value your team?

Leadership is all about people. So, if you want to be an effective leader, your employees need to feel that you value them and that you care about their wellbeing–that you are leading them in the directions beneficial to all. Genuine concern for the welfare of your team promotes loyalty. One way of showing you value your team is to watch them at work and see what you can do to improve their workplace and make it a more convenient and enjoyable place to be.

Conclusion

Competence, trust and loyalty are the key factors of effective leadership, and are simply determined by the above questions discussed. A well designed office space is also a reflection of your good leadership.  Therefore, if you are looking for prestigious workspace solutions in Denver for your team, YourOffice Denver is a leader in providing the most prestigious fully serviced office space Denver and meeting space Denver 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.

Any other essential elements of good leadership?  Feel free to share your thoughts.  You can also visit us on Twitter and Google Plus.

Unconsciously Ruin Your Own Resume

A recent article, 10 Bad Habits That Are Seriously Hurting Your Productivity by Renzo Costarella says that your habits have great impact on your productivity.  A good habit like creating a to-do-list to stay organized is a sure way to get more things done each day. On the contrary, a….
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A recent article, 10 Bad Habits That Are Seriously Hurting Your Productivity by Renzo Costarella says that your habits have great impact on your productivity.  A good habit like creating a to-do-list to stay organized is a sure way to get more things done each day. On the contrary, a bad habit can ruin your productivity.

Here are six ways that are extremely destroying your productivity.

1. Multitasking

Our minds are not meant to multitask.   If you’re doing two things at a time, your focus is divided and you’re actually performing both tasks inefficiently.

2. Constantly browsing the web

The Internet is the best tool for your productivity, but it is also one of the biggest distractions you can have in your team office space.  Whether you are watching tutorial clips on YouTube or you’re deep in Reddit threads, the distractions are everywhere. 

3. Constantly checking email

Checking emails is necessary, but if you’re doing it all throughout the day you’ll end up wasting a lot of time.

4. Too many meetings

According to a research, it’s estimated that a whopping $37 billion each year is wasted in unproductive meetings.  So, too many meetings you are attending in different meeting rooms for rent is a waste of time if you can’t gain or add value to those meetings.

5. Sitting at your desk all day

A sedentary office lifestyle poses damage to our health, thus adversely affect our productivity and engagement.

  1. Not prioritizing your schedule

You have a lot of things to do every day, and failure to prioritize your hectic schedule every day could mean disaster to your productivity.

Conclusion

These are the things you need to avoid to get more out of your workday. Moreover, your office space has great impact on your productivity.  Thus, if you are looking for workspace solutions in Denver, 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.

What other things affect your productivity?  Feel free to write your comments below.  You can also see us on Twitter and Google Plus.

Financing for Your Startup

A brilliant idea can ignite your interest to run a business.  Nevertheless, a recent article, How to Pursue Funding for Your Company by Melinda Emerson  says that if you think that financing is the best option to start your business rather than bootstrapping it with your personal resources, then be careful.   Here’s why. It may put….
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A brilliant idea can ignite your interest to run a business.  Nevertheless, a recent article, How to Pursue Funding for Your Company by Melinda Emerson  says that if you think that financing is the best option to start your business rather than bootstrapping it with your personal resources, then be careful.  

Here’s why.

  1. It may put you in a difficult situation.

Your potential investors have the control and may present terms and conditions that may put you in a difficult situation, either by undervaluing your company or by charging you a higher cost of capital.

  1. It may oblige you to focus on funding instead of the customer.

Building a customer base entails focus and commitment, the same with obtaining funding. Therefore, you will lose your focus and commitment needed for building your clientele once you get busy to pursue funding.

  1. It may put your business at risk.

Generally the proposal to fund your business comes with terms and conditions.  There’s a lot at stake, so study and review them carefully and avoid making commitments hastily.

  1. It may cause to lose your control of your company.

When you opt financing, investors will appoint a Board of Directors and they may vote and agree to remove you as the CEO because as a young entrepreneur they don’t know how you will respond to success or difficulty. 

Conclusion

These are the disadvantages of funding your business through outside financing. However, when you start your business with your own personal resources, you get to learn valuable lessons about the market, about the customer, about the product and yourself. It’s a compelling reason to build your instincts and hone your talents. Moreover, you have the liberty to choose the best workspace solutions for your small business. 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 informative one and we’d love to hear your comments.  You can also see us on Twitter and Facebook!

Office Space

A recent article, Should Online Business Owners Pay For Office Space? by Choncé Maddox says that running your online business is amazing. It’s awesome to be able to avoid a hectic commute and work from the very comfort of your home. Nevertheless, you sometimes wonder if your productivity could be….
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A recent article, Should Online Business Owners Pay For Office Space? by Choncé Maddox says that running your online business is amazing. It’s awesome to be able to avoid a hectic commute and work from the very comfort of your home. Nevertheless, you sometimes wonder if your productivity could be greater.

If you struggle with your productivity while working from home, you can consider going to a coworking  office space.  But before shifting from your home office to coworking space, here are some factors you should consider.

  1. Coworking costs

Coworking is usually cheaper than renting out a private office, but you still need to pay for it. You certainly need to have a budget when you rent an office space and make sure to get a solid return on your investment. Unlike working from home, it’s free and you can even deduct some of your household expenses on your taxes.

  1. Coworking is not always accessible

You may have trouble finding an office space and even then, it may be quite expensive if you don’t live in a big city or town.  

  1. It’s Still Not a Perfect Scenario

Having an office space away from home will help you separate work from your personal life and help you get rid of distractions. Nevertheless, if you don’t work during regular business hours, you may still end up doing lots of work at home.

  1.  You might need to commute again

There are usually fewer distractions when you work in an office away from home, but you might need to commute again and deal with the daily hassle of traffic.   You could save time in that aspect by working from home.

Conclusion

These factors will help you decide whether to pay for an office space or not.  However, if you need workspace solutions in Denver, where you can rent office space by the hour, YourOffice Denver is a leader in providing the most prestigious fully serviced office space Denver and meeting space Denver 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 wish to work in an office outside of the home?  Let’s see your comments. We’d also be glad to see you on Twitter and Google Plus.