Tag Archives: executive suites Philadelphia

3 Small Business Challenges and How to Manage Them

In an article, 4 Small Business Pain Points and How to Fix Them by Charles Brown says that running your own small business is a dream comes true, but it is not an easy endeavor. You will experience ups and downs, highs and lows during your business journey. Here are the three….
   Read More

In an article, 4 Small Business Pain Points and How to Fix Them by Charles Brown says that running your own small business is a dream comes true, but it is not an easy endeavor. You will experience ups and downs, highs and lows during your business journey.

Here are the three small business challenges that you should understand and how you can address them.

  1. Inadequate Capital

The most common cause why a small business fails is the lack of or misuse of capital. Most of the time we miscalculate how fast the capital will get exhausted, so it is very critical to always look for capital to maintain the business. So as a business owner, you need to always have a few available financing options. An accountant can help you with making the right decision, so you can book a meeting room to discuss what option is best for your business, whether it is a line of credit, small business loan, venture capital, etc. 

  1. Inconsistent Cash Flow

A consistent cash flow is difficult to maintain in a small business due to some factors like debts and late payments. Thus, if you don’t have reserve funds or if your cash in bank is insufficient, it can impede the whole business operation.  In order to avoid late payments from customers, you can use online payment solution that offers online invoicing.  This allows you to connect to your depository bank so your money is automatically deposited.

  1. Employee Turnover

Employees are the backbone of your business. The hiring process is taxing and time consuming, thus one of the biggest challenges for small businesses is the employee turnover.  To reduce turnover rate, you can conduct a regular employee review to better understand their problems, concerns and suggestions, and consider those feedback in building a strong and unique company culture.

Conclusion

Understanding the business challenges and how to address them can help you launch a thriving business. If you are looking for workplace solutions to launch your small business 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.

Are you ready to face the challenges of running a small business? Feel free to share your thoughts. You can also see us on Twitter and Facebook.

5 Tips to Help Your Business Run Efficiently

It is extremely important to review your business operations regularly to thrive, says Mike Kappel in his article, 6 Ways to Improve Business Operations. Indeed, evaluating and improving your business plans and procedures constantly is necessary to help run your business efficiently. Here are 5 tips to improve your business operations….
   Read More

It is extremely important to review your business operations regularly to thrive, says Mike Kappel in his article, 6 Ways to Improve Business Operations. Indeed, evaluating and improving your business plans and procedures constantly is necessary to help run your business efficiently.

Here are 5 tips to improve your business operations and run efficiently.

  1. Evaluate your present business plans and procedures.  

Evaluate your present operating systems and find out which processes are working efficiently.  You can book a meeting room and discuss with your team what procedures need revision or new approaches to implement to move your business forward.

  1. Resolve little glitches in your workflow immediately.

As a small business owner in a commercial office space, you have to deal with minor issues in your workflow right away; otherwise these can escalate that will cost you time and money and even bring business operations to a halt. Come up with solutions for these issues and you can seek advice from other business colleagues to see how they deal with similar problems.

  1. Stay updated with developments relevant to your business.

You need to be aware of the economic condition of your business in your area, the changing laws and your customer expectations. By keeping abreast with the changes and development, you can get ahead of the competition.

  1. Gauge your business performance.

You need concrete plans and actionable steps to accomplish your goals. For instance, if you want to generate more sales, how much and how will you do this? Your goals should be realistic and attainable.  Use standard system to gauge your business performance. Review your past data and use them in making wise decisions for your business operations. 

  1. Inspire and involve your staff.

Your employees want better solutions for getting tasks done, and they can see and identify glitches in the workflow that retard a business process. Recognize their effort and ask feedback where improvements can be made. Involving your employees in the decision making fosters trust and loyalty.

Conclusion

Improving your business operations continuously is a must and these tips can help you do the task. If you’re planning to put a branch office in Philadelphia to expand your business, 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.

How do you improve your business operations? Let’s see your comments.  You can also visit us on Twitter and Facebook.

4 Tips to Meet Your Deadlines as a Freelancer

A recent article, How Freelancers Can Avoid Missing Deadlines Over the Holidays by Choncé Maddox says that meeting deadlines ensure that the flow of work is going smoothly and keeps a client satisfied, thus missing a deadline is a freelancer’s worst blunder.  Nevertheless, even the most competent and efficient freelancer….
   Read More

A recent article, How Freelancers Can Avoid Missing Deadlines Over the Holidays by Choncé Maddox says that meeting deadlines ensure that the flow of work is going smoothly and keeps a client satisfied, thus missing a deadline is a freelancer’s worst blunder.  Nevertheless, even the most competent and efficient freelancer can miss a deadline particularly during the holiday season.

So if you’re already starting to get inundated with tasks, the following tips will help you meet the deadlines during the holiday season and all year round.

  1. Work in advance

Freelancers in different coworking spaces for freelancers have lots of flexibility in terms of their schedules, but life is also uncertain. So working ahead of time gives you a nice buffer to meet deadlines all the time—even if something happens that prevents you from being able to work for that particular time. 

  1. Notify your clients if you’ll be on a vacation

If you’re planning any travel or events during this holiday, give your clients an advanced notice so they can reschedule deadlines and you can plan accordingly.  Inform your clients that you are working ahead of time so they can provide you any additional data you’ll need to get things done in advance.

  1. Be honest with your clients

It’s crucial to be open and honest with your clients about how much work you can handle over the holidays and set clear and realistic expectations with clients so they know your capacity at this time of year. Being honest with your clients how much you can handle will help you enjoy the holidays without being nervous from missing deadlines and clients as well.

  1. Set schedule reminders

You’re only human and it’s natural that you may forget things from time to time, so make sure to set a calendar to remind you of your deadlines. By adding everything to your schedule, it enables you to know how to plan out your to-do list and you can avoid missing significant freelance deadlines.

Conclusion

If you want to maintain a professional relationship with your clients, ensure to meet your deadlines all year round by following these simple tips.  Looking for workspace solutions in Philadelphia to help you work efficiently and conveniently, and thus meets your deadlines?  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.

How do you keep your deadlines over the holidays and all year round? We’d be glad to see your comments.  You can also visit us on Facebook and Twitter.

3 Ways to Support Your Employee Career Development

Every member of an organization is valuable, providing their own set of skills, ideas and personality. That said professional advancement of each employee is an essential factor to the success of your entire business says Sammi Caramela in her article, 3 Ways to Encourage Professional Development in the Workplace. Here….
   Read More

Every member of an organization is valuable, providing their own set of skills, ideas and personality. That said professional advancement of each employee is an essential factor to the success of your entire business says Sammi Caramela in her article, 3 Ways to Encourage Professional Development in the Workplace.

Here are 3 practical ways to support employee career development in your business in Philadelphia.

  1. Promote further education in and out of the office space.

Having a stable job doesn’t mean employees have to quit learning academically. According to a survey, more than 30 million Americans have only partial college credits, so if your employees are interested to finish college or just want to hone their skills, encourage them to do so. Your company can provide in-house training sessions or online lessons to continue higher education at a lower cost. You can also encourage them to attend seminars and workshops (related to your industry) being held in different meeting rooms for rent for professional and personal advancement.

  1. Organize initiatives to encourage fresh ideas.

Bouncing suggestions around the workplace will encourage employees to be passionate in their job and at the same time promote personal and professional development. You can book a meeting room and arrange brainstorming groups or mentorship programs to discuss ideas, suggest new techniques, and improve tools and more which are both beneficial to your employees and your company.

  1. Address skills gaps by empowering employees.

No employee is perfect, that is why it’s essential to address skill gaps. Discuss with your employees the necessary skills, methods and techniques to cover any lacking areas. However, don’t forget to acknowledge their skills and talent where they stand out to boost their morale and confidence.

Conclusion

These three practical tips are not only beneficial to your employees’ personal development, but most of all to the success of your entire organization. Looking for an ideal office in Philadelphia for your thriving business?  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.

How do you encourage and support employee professional development in your company? Feel free to share your comments. You can also visit us on Twitter and Facebook.

Business Discussion

A recent article, Are You Making These Body Language Mistakes by Ceren Cubukcu says that your verbal communication should agree with your nonverbal communication (body language).  Thus, you need to be very careful about your gestures and postures to convey what you really mean, otherwise it will create conflict between your body language and….
   Read More

A recent article, Are You Making These Body Language Mistakes by Ceren Cubukcu says that your verbal communication should agree with your nonverbal communication (body language).  Thus, you need to be very careful about your gestures and postures to convey what you really mean, otherwise it will create conflict between your body language and the point you’re trying to make.

Below are four strong nonverbal skills you need to develop in order to build better communication.

  1. Sustain Eye Contact

Make sure to maintain eye contact when speaking with a coworker or with an audience in a meeting space. It shows that you are confident and you are interested in the topic. It also indicates that you are sincere and not hiding something. 

  1. Strong Handshake

Make sure to welcome your visitors with a warm, sincere and firm handshake. But remember that a handshake that is too firm can be misunderstood as an aggressive movement. Therefore, try to find the right balance.

  1. Good body posture

Make sure to stand straight or sit up erect and keep your head high when speaking to somebody to show that you are confident and interested in the topic. This shows that you have confidence in yourself plus you are a professional.

  1. Keep your arms open

Make sure to keep your arms open in order to give others a warm, positive feeling. You can keep your arms on the table if you are sitting.

Conclusion

These are few of the body language you need to develop in order to give a professional image to others.  Likewise, if you are looking for workspace solutions to build a highly professional business presence 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!

master1305/Bigstock.com

A recent article, Managing Work Related Stress : Help Employees Deal with It by Sarah Smith says that stress poses risks from personal havoc to professional exhaustion. When workers are stressed, they jeopardize the entire organizations. Therefore, business leaders should tackle workplace stress by understanding its causes, working to eliminate or….
   Read More

A recent article, Managing Work Related Stress : Help Employees Deal with It by Sarah Smith says that stress poses risks from personal havoc to professional exhaustion. When workers are stressed, they jeopardize the entire organizations. Therefore, business leaders should tackle workplace stress by understanding its causes, working to eliminate or reduce  workplace stressors, and compassionately supporting stressed and exhausted individuals.

Let’s discuss.

Causes of stress in the workplace.

  • Aggressively micromanaging employees or regarding them as robots, often results in burnout and stress as workers feel like they have no freedom over their day-to-day work lives.
  • A mixed-up management/work structure or one where employees have conflicting functions.
  • Indifferent team members– hostile work environments.
  • Obnoxious or unjust management practices.
  • Placing unreasonable demands on employees.

Signs/Effects of stress throughout the workplace.

  • Increasing numbers of disputes within the staff–serious personal and professional issues between workers.
  • High turnover.
  • More tardiness and absenteeism.
  • Frequent complaints and grievances.
  • Decline in productivity.

Tips to reduce stress in the workplace.

  • Build a culture that values each and every individual and fosters morale and productivity.
  • Design a workspace like Philadelphia Team Office Space that helps promote teamwork and rapport.
  • Promote a wider degree of autonomy to inspire and motivate employees.
  • Create a well defined hierarchy (organizational structure) where everyone feels valued and understands their duties and responsibilities better.
  • Have a clear understanding of who they report to.
  • Have clear expectations for appropriate workforce behavior.
  • Understand and address the root causes of their stress and, if crucial, connect them to appropriate support such as mental health resources and counseling.

Wrapping Up

Workplace stress is inevitable, hence, understanding the root causes of it and working proactively to create a supportive and happy work environment for staff are essential for running a successful business. Looking for a positive environment office in Philadelphia?  Well, 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 an informative one. We’d love to see your comments and thoughts below. Feel free to visit us also on Facebook and Twitter.

4 Tips to Reduce Stress from Office Relocation

Are you planning to launch your very first business but, feel a little bit scared?  Well, a recent article 3 Ways to Make Starting a Business Less Scary by Maria Onzain says that starting your own business can be daunting and is a lengthy process. Nevertheless, if you want to….
   Read More

Are you planning to launch your very first business but, feel a little bit scared?  Well, a recent article 3 Ways to Make Starting a Business Less Scary by Maria Onzain says that starting your own business can be daunting and is a lengthy process. Nevertheless, if you want to start a successful business, you’ll have to aim high and start small.

Here are three actionable tips to help you realize that running a business doesn’t have to be a run in with your greatest fears.

Break down your business goal into smaller and measurable objectives. Create a worksheet where you can easily visualize your ultimate goal and how you’re going to achieve it one small step at a time. Review and evaluate your worksheet from time to time to see how you’re getting closer to your vision and ensure that your short term objectives are attained. This will ensure productivity.

Reward yourself every time you attain one of your short-term objectives. While the early stages are exciting, self-motivation tends to dwindle with time.  So to keep your engines running, reward yourself as you accomplish things. Perhaps a small treat in your favorite restaurant, a morning off work or a movie date on Friday night will keep you rejuvenated and refreshed for the next step.

Take notes on what you’ve learned. You will learn new things in every step of your entrepreneurial journey–keep records of these valuable experiences. They will be extremely helpful in the future. Your personal learnings will be more relevant to your business growth than any other advice.

Conclusion

With these three actionable tips, you’ll be more confident to start your own business and thrive.  If you’re ready to take the plunge, YourOffice is willing to assist you with some important aspects of your first business venture. 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 an informative one and we’d love to hear you comments.  You can also see us on Twitter and Facebook!