One of the biggest hurdles for most start-ups is having enough capital to keep the business running. Starting a business is expensive; office equipment, enough resources to support taking on or landing additional clients, marketing material to get better exposure, and the list goes on. Below are some methods that may be of some help when considering how to fund you next move.
Self-funding – When possible, this is the ideal method to fund your business. Most importantly, it doesn’t require you to give up any control in your company.
Friends and Family – If possible, tap into your inner circle before considering speaking with an investor. If you can land a no interest loan from your uncle, then go for it. Of course there’s always the chance of your relationship becoming a bit uncomfortable.
Small Business Grant – Tough to land but always worth a shot. Securing these types of funds can often be quite intense and require a lot of effort.
Lines of Credit – Not exactly easy to achieve for a young company but give it a shot. One thing to keep in mind is that Commercial banks are often reluctant to lend to start-ups unless personal collateral is at risk. I personally wouldn’t recommend putting your house on the line, but it’s always an option.
Continue reading “Sources for Start-Up Funding”
Top 6 reasons to take on Virtual Office Space
Above all, cost is the number one factor when considering taking on Virtual Office Space. These virtual solutions are basically turn-key as well and offer many advantages for all types of businesses. Whether you’re looking to add a presence in an attractive city to gain market share or you’re just starting up and want to test the waters, sought to speak, a virtual office will provide you with the quickest solution to do so. Continue reading “The Top 6 Reasons to take on Virtual Office Space”
Over the last couple of years, new capabilities and technological advances have aided in the wide-spread acceptance of Virtual Offices. Business can now be conducted in a whole new manner. The biggest obstacle in the past was communication. Both, the internet as well as telecommunications have now reached a level in which real-time communication can be done in so many ways. With collaboration software such as BaseCamp or video chat services such as Skype and GoToMeeting, there’s nothing that can’t be accomplished remotely, except for an actual handshake, of course. Continue reading “The Ultimate Virtual Office in Boca Raton”
The workplace has greatly changed, and it’s almost hard to recognize it from what it was just a few years ago. With so many people starting their own small businesses, or choosing to work from mobile locations, it appears like there is no longer any need for the traditional workplace. People are now beginning to lean more towards virtual offices. Continue reading “Virtual Offices are the Solution to Challenges Faced by Business Startups”
There are several challenges that come with providing motivation for employees who all work in the same building. When you have a base of remote employees, it becomes a unique challenge because of the lack of face-to-face interactions. The challenge is to reduce the barrier between you and your remote employees, which will help to keep them engaged and productive. Here are a few pointers to follow to get you in the right direction. Continue reading “3 Tips to Help Keep Remote Employees Productive”
If you are a business considering outsourcing some of your talent to work-at-home professionals, you are on the right track. Many businesses today (even large corporations) have moved to this model, for a number of reasons.
Continue reading “How Outsourcing Can Help Your Business”
Many start-ups grapple with the challenge of high operational costs. Unfortunately, this is usually the time they aren’t making much profit, if any from their venture. A virtual office can be of great benefit to many start-ups as it would help the company cut down on its overhead costs dramatically. Continue reading “How a Startup Can Benefit From a Virtual Office”
Each day as you get accustomed to your work, you realize that you need to do more in a day. Unfortunately, this is not always the case as there are distractions that hinder your productivity every day. These are eight easy ways to overcome this. Continue reading “8 Easy Ways on How to Be Productive at Work”
Setting a professional tone as a good worker in the office takes mostly common sense but there are times we all need a refresher on some basic things we might not consider when all our attention is focused on our tasks to do. Let’s dive in and take a close look at seven ways to carry out proper business etiquette. Continue reading “Seven Ways to Carry Out Proper Business Etiquette”
These days, more and more companies allow their employees to work from home time to time. Working from home might sound like a dream come true, but it can sometimes be more difficult than you think. If you work from home, you need to be able to avoid distractions. Here are some tips on how to be more productive while working from home. Continue reading “How To Be More Productive While Working From Home”