Tag Archives: Full Service Virtual Offices

Co-working office space

The captain of a ship is only as good as his (or her) crew. To build a successful business, first you must establish a work environment and leadership style that gives your employees the best opportunity to succeed. Below are 7 tips to help you be a leader who inspires….
   Read More

The captain of a ship is only as good as his (or her) crew. To build a successful business, first you must establish a work environment and leadership style that gives your employees the best opportunity to succeed.

Below are 7 tips to help you be a leader who inspires excellence in your employees.

  1. Don’t micromanage

            Excessive supervision or trying to do everything “your way” is not the mark of a good leader. An effective leader delegates tasks to their employees and entrusts them to complete it, without standing over their shoulder, or worse, swooping in and taking control. If you undermine your employees by micromanaging them, your business will either have a high turnover rate or be filled with lackluster employees, who have lost the spark of innovation.

  1. Put family first

Your family should come before your business and the same courtesy should extend to your employees. Of course, you and your employees will need to reach a compromise and there are times when sacrifices will need to made, but family should be a priority. A good leader looks out for the best interests of their team, not just their business. Don’t make your team choose between being a good parent or spouse and being a good employee. Choose benefit packages that allow your employees to take care of their families, with healthcare provision and paid vacation time.

  1. Think before you ask

It’s easy to send a quick email and make requests of your employees when projects come to your attention, but be careful not to overburden your team. Delegation only works if the task can be completed in a realistic timeframe, not just when you want it done. Good employees will do everything in their power to meet deadlines, but to set them up for success, you need to be aware of the logistics of what you are asking of them. Blindly assigning projects that overlap and cause conflict with other project deadlines will make employees question your management skills.

  1. Make training a priority

Company training sessions don’t have to be torturous. In fact, training should be the time that you pitch the vision of your business and get people excited about working for your company. If the training process for new employees is boring, mismanaged, and insignificant, what will that say to employees about the value of their jobs? A training session done right should engage, encourage, and ensure that employees gain a strong understanding of their job description and expectations.

  1. Create a positive work culture

Actions really do speak louder than words. If you want a team of hardworking, loyal, and passionate employees, you and your leadership team must demonstrate those qualities to the best of your abilities. There is nothing more frustrating than working for a boss who dictates one way and acts another.

  1. Extend grace

People make mistakes. People have bad days, sometimes bad months. A main aspect of being a good leader is recognizing talent. So when good talent suddenly starts to slack, a constructive response is to get to the heart of the issue, not come down harder on that employee. Perhaps something difficult is happening in their personal life, or maybe they have been given tasks that don’t fit their talents.

  1. Leverage their strengths

Don’t just choose the right people for the job, choose the right jobs for the people. If you notice that an employee excels in interpersonal communication, maybe their current role of stocking merchandise or sitting behind a computer isn’t the best use of their talent. Allow flexibility in work procedures, so that you can make adjustments to fit the talents and strengths of your staff. Be on the lookout for new opportunities and ways that your employees can move up within the company.

Be the kind of boss you would want to work for

Behind most innovative and thriving companies is a leader who values the well-being and of their employees. A business that supports the staff and sets them up for success has a higher chance of gaining a loyal following. Customers want to do business with businesses that have a high reputation. The more effort you put into championing your team to success, the more popular your business will become in the industry and the market.

If your new business is looking to attract job seekers, consider offering the ability to work remotely. Consider the option of using a virtual office or renting an executive office space, it provides more flexibility for you and your employees as well as the option of customization. Instead of paying for an entire office building, you can just pay for the specific space or services your business needs. For more information, contact YourOffice. YourOffice has come alongside hundreds of businesses 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.

Team OfficeSpace

What does it it mean to “go global” with your business? Is it expanding your product and services overseas? Networking with international client bases, and vendors? Increasing global awareness and understanding of cultural diversity? The answer is, all of the above. Below are a few strategies to help prepare your….
   Read More

What does it it mean to “go global” with your business? Is it expanding your product and services overseas? Networking with international client bases, and vendors? Increasing global awareness and understanding of cultural diversity? The answer is, all of the above.

Below are a few strategies to help prepare your business for international expansion and prepare you to be a global leader.

Scout the location
Take a business trip (or a vacation) and go visit the location you are considering expanding your business to. This is will give you a first hand account of the people you will be doing business with and any cultural or governmental barriers your business will face.

Assess the market
Ask, is there a large consumer base to receive what your business has to offer? “If you build it, they will come” may have worked in Field of Dreams, but when it comes to being an entrepreneur, a viable market must be established first. In other words; “if you build it…they need to already be there.” If there isn’t a pre-existing market available, or if it seems too small to put your confidence in, don’t give up. Networking is an invaluable resource when it comes to expanding your business, whether it’s local or international. The more connections you make with overseas associates, friends, and business partners, the more opportunity you have to raise awareness about your business and increase your market.

Research the culture
When bringing your business to a foreign country, you need to be familiar with their culture and customs, to know whether or not your business will be well received. For example, when McDonald’s expanded to India, they had to make some major changes to their menu…such as removing the Big Mac from it. The cow is sacred in the Hindu religion, so a fast food restaurant that prides itself in selling beef hamburgers will not be a popular (or even permitted) establishment. In order to “go global,” Mcdonald’s had to forfeit their namesake meal and change their patty recipes to vegetarian ingredients only. The company was willing to make those changes, but you need to decide ahead of time what sacrifices and adaptations you are willing to make.

Be a bridge-builder
Evaluate whether your business will be a benefit to the community or direct competition for local merchants and vendors. Becoming a global business leader means building bridges that enhance cross-cultural relationships. Your success overseas will be a reflection of your ability to work with the culture and people your business is serving. Running local artisans out of business is certainly not a positive way to expand your company, especially if you desire to gain a loyal following of customers. A successful international business model is one that provides opportunity and resources for the people it serves.

Go global
Going global with your business is more than just expanding to the international market, it is a mindset that every business leader should strive to develop. Becoming more globally aware will allow you to do business better. If you are considering expanding your business internationally and want to increase your ability to network and test out the market, consider partnering expanding to a virtual office. YourOffice has come alongside hundreds of  businesses looking for everything from plug and play offices to full service virtual offices. Contact YourOffice to help you create a flexible and customizable business model that will allow you to spend more time building relationships and gaining cultural experiences.

Starting a new small business is a lot like getting a dog. Not only do you have to prepare your house for your new arrival and prepare your family, you have to determine if you have the commitment necessary to business success. You also need to determine if you have….
   Read More

Starting a new small business is a lot like getting a dog. Not only do you have to prepare your house for your new arrival and prepare your family, you have to determine if you have the commitment necessary to business success. You also need to determine if you have enough capital to start a small business.

Here are three ways to determine if owning a small business is right for you:

Responsibilities: When deciding if owning a small business is right for you, you’ll have to ask yourself if you’re willing to take on numerous responsibilities. When you’re an employee at a larger corporation, you only need to focus on your niche area. When you’re an entrepreneur, you have to focus on every area.

Stamina – Owning your own small business means you’ll be working much more than the average 40 hours per week. You’ll be working seven days a week and you might lose touch with friends. You might have to give up on certain activities as well. It’s easy to get burned out when you aren’t in touch with friends and family all of the time.

Passion – Are you passionate about your service and product? Facing the prospect of your small business possibly failing can bring you down, but, if you’re passionate about your offerings, you’ll work harder and you’ll push forwards when times are tough. Working around the clock won’t also seem as bad when you love what you do.

Starting your very own business requires taking on multiple responsibilities, having a lot of stamina and passion about your products and services. Having these three talents will help you down your entrepreneurship road.

Do you have any tips to share? Please feel free to share them in the comments section. We look forward to hearing from you.

All small business owners are going to experience work burnout at one point or another. The trick is to recognize small business burnout before it starts. Additionally, you should have a plan in place for when you feel less than motivated at your company. First things first. According to Wikipedia,….
   Read More

All small business owners are going to experience work burnout at one point or another. The trick is to recognize small business burnout before it starts. Additionally, you should have a plan in place for when you feel less than motivated at your company.

First things first. According to Wikipedia, burnout is a psychological term that refers to long-term exhaustion and diminished interest in work.

Causes

One of the many reasons small business owners experience burnout is they are running on empty. They are putting in long hours at the office and suffer complete exhaustion. Not taking care of yourself physically will burn you out quickly.

Another cause for small business burnout is stress and/or anxiety. As a business owner, you will have to deal with difficult situations including angry customers, disgruntled employees, accounting issues, etc. Stress causes burnout and burnout causes more stress – it’s a vicious cycle.

Are you trying to manage every aspect of your business? How many “office hats” do you wear? Most small businesses include a variety of departments including: marketing, business development, HR to name a few. It’s great to set high standards for yourself, but you need to delegate some of the work. If you can financially afford it, hire people to help. You’ll be happy you did

Solutions

Take care of your physical needs is the number one way to avoid office burnout. You need to make sure you are eating three meals a day, exercising, and socializing with friends. There are a number of other ways you can unwind including massage, reflexology, and even talk therapy.

Enjoy your free time. Do you have a spouse and/or children? Even if you don’t have those, you’re bound to have friends and/or pets. Spend time with these people (or animals) and plan fun activities. Don’t bring your smartphone unless you absolutely have to.

One of the best ways to avoid burnout is to create a routine. In today’s digital age, there are a variety of ways to organize your life. You can create repeating tasks at work, schedule breaks, and set aside time for employees. Remember, it takes doing something 30 times before making it a habit so stick with it.

Small business burnout is 100% avoidable. Watch out for burnout triggers such as running on empty and major stress. Take some time to enjoy your non-work life and you’ll never have to experience office burnout again!

YourOffice is a world-class network of business centers providing clients with fully serviced full-time offices, virtual offices and meeting rooms, all available with flexible terms and on-demand. Simply work with our team to create the office plan that’s perfect for your business.

Are you on Instagram? We just created our brand new YourOfficeUSA Instagram account and would love it if you followed us. We’ll follow you back too!

Image Credit: Getty Images/iStockphoto