www.1001TopWords.com |
Executive Suites - A Way To Save Cash
Cash is one of the most important resources to a new business. One of the best ways to conserve cash for a startup business that is in need of office space is to rent an executive suite rather than to rent traditional office space. Most people don't even know this little secret. In fact, most people don't even know what an executive suite is. An executive suite is generally referred to as a small office that one would rent from an executive suite facility like Plaza Executive Suites, http://www.plazaoffices.com, located in Las Vegas Nevada. The office environment would include all the necessary services needed to operate a business. The key cost savings is that most of the services such as the receptionist and conference room are shared with other renters. As an example, instead of paying up to as much as $40,000 per year to answer your phones and greet clients, with an executive suite, since the services are shared, you would only pay a fraction of that cost. Necessary services such as photo-copying, telephone usage and mail handling are paid on an as needed basis. For new businesses, the opportunity to enjoy lease and space flexibility is most appealing. Startup costs are greatly reduced by renting an executive suite over a traditional office. With a traditional office, one would have to consider all the upfront and ongoing expenses associated with the space build-out, secretary or receptionist wages, telephone equipment, office furniture, copiers, conference rooms, utilities, repairs and maintenance, etc. With an executive suite, you get a friendly receptionist to answer your phone calls with your personalized greeting as well as greet any of your clients that visit you. For your important meetings, you would have use of fully equipped conference rooms. In fact, you would get all of the services that you would receive from a traditional office environment but, at a fraction of the cost. If you are looking to conserve your cash, renting an executive suite is an option that needs to be considered. Jeff Strum is managing partner of Plaza Executive Suites, located in Las Vegas, Nevada. http://www.plazaoffices.com
|
RELATED ARTICLES
Competing With The Big Dogs You run a small consultancy. You're well qualified, experienced and dedicated. Yet you can't get a meeting with the corporate decision-maker. Surviving the Three Pitfalls of Business Ownership While this idyllic life might be the reality for some entrepreneurs, it certainly isn't guaranteed. In reality, every entrepreneur has a unique experience depending on their decisions and plain, old luck. And while good luck may be hard to control, making good decisions isn't. Success Secrets - What I, Mike Litman Learned From This Old Book Yesterday was a beautiful, sunny day in New York and yes, I spent it alone :}. Do You Want to Just Survive or Thrive? (Part 1) You've probably heard this, or maybe you will relate to this personally. Have you ever arrived somewhere and wondered, "How did I get here?" or "Why am I here?" The Desire For Money, Do You Have Business Sense? For those of us who grew up with parents who worked for businesses rather than owned them, the world of business can be quite a mystery. Even more so if we've dared to try to start one of our own. There is the factor of what type of business to start - a product or service business. There are the issues of doing a good market analysis, licensing the business, understanding the codes of law governing businesses, and determining just what type of business structure to choose - especially if the business will have employees. For example, should we start a sole proprietorship or a corporate business? It's a lot to work on, and it's not an overnight process to the road of success. But, the most crucial challenge to whether a business succeeds or fails lies deep within the realm of emotional versus financial intelligence. Is Running a Business for You? Not everyone is cut out to run a business. Not everyone is cut out to be an entrepreneur. It takes a special talent. Some owners of small businesses have it and some don't. Entrepreneurs - 9 Top Mistakes to Avoid 1. Isolating YourselfWhen setting up a business, you can get so overwhelmed with the administration that you don't focus on building up your network. Networks can provide a way to catapult your business forward through referrals, joint ventures, or providing industry knowledge. Networking does not need to be through formal events but can come in many forms. Even using websites to become aware of who and what is out there is useful. Giving time for self development and training activities to grow your skills, can be one area that is given a lower priority which can often lead to unwise decisions. Lets Not Forget About The Little Guy Every business has to start somewhere. What truly makes this country great is the freedom of enterprenuership that every one of its citizens have. Capitalism at its best signifies the power of a single person to reach monumental goals and turning a simple idea into a huge corporation. But in our pursuit of this glorified state, have we snubbed the little guy? The Boss is DEAD! Some of us are born into families with "it", some of us are just driven over the edge to "it", and some of us crave "it", but just haven't figured out how to attain "it." That "it" is an Entrepreneurial Spirit that is a powerful force that can be the key to your success, and yes?sometimes even failure. Franchise Business and Franchise Businesses Franchise business is being part of a successfully proven business that has a name or trademark that is well known and profitable. Franchise businesses are strategically tried and marketable with options to expand by offering products and services that appeal to the consumer. Having to make the decision on which franchise business to buy can be challenging. Franchise business consultants can offer assistance to evaluate current franchise opportunities with valued insight. A franchise business consultant may also be able to offer assistance to the business owner who wants to make a current business franchisable. Adding a Service After You Buy a Business When you buy a business, you should have a plan. Why have you chosen that particular business? Why that particular time to buy a business? What can you bring to the business? Some of the most successful business stories are of people who buy a business with the intention of bringing their specialized set of skills to it, and using them to grow the business. Financing Your Business Anyone who is serious about making some money is already very well aware of the fact that it takes some type of investment to make this happen. I've read a lot of copy that suggests one can build a business for free, if they are willing to spend an extra amount of time to compensate for their lack of financial backing. Hearing That Entrepreneurial Voice? Women business owners are our only clients, so naturally we celebrate and support female entrepreneurship. Operating in this market gives us the good fortune to learn about some of the deeper themes in the lives of women business owners. It gives us insights into what really matters to women, and to what contributes not only to their success, but more importantly to their happiness and gratification in their professional lives. How to Become a Successful Entrepreneur on the Web Becoming a successful entrepreneur in the online world is no different than becoming a successful entrepreneur in the brick-and-mortar world. Both tasks require vision, determination, and hard work. Good Questions, good Answers; Bad Questions, Bad Replies I'm convinced that asking the right questions is one of the most important skills you need to become a successful business person. Questions have the power to direct you or to distort you. The right kind of questions will direct you to success the wrong kind of questions will direct you to bankruptcy. Time Management Tips for Solo Entrepreneurs Does it seem like everyone and everything is vying for yourattention all at once? It can be hard for solo entrepreneursto know what to do first, let alone try to find the time to get caught up. Here are some time management tips that will help youto stay on top of it all: Selecting a Venture The basic rule is simple: "Find a market need and fill it!" The process of finding the need, and the method chosen to fill it are where the difficulties arise. The Entrepreneurs Dilemma In business, you plan to protect your inventory, your unique ideas and approach, and your money. It's easy to replenish inventory, come up with new ideas and make more money. What isn't renewable is your time. On that premise, time is your most valuable commodity. Business victory requires an appreciation and respect for your own intrinsic value. Documenting Partnerships in Your Business Plan Forging partnerships to improve market penetration has become commonplace, particularly for "new economy" businesses. And, most companies proudly mention their many partnerships in their business plans. Top Ten Ways to Increase Your Profitability 1) Go back to basics.Take a couple of steps back and address the fundamental facts or principles of your business. Going back to basics can mean cleaning the slate and focusing on basic elements that create success. |
© Athifea Distribution LLC - 2013 |