Online security has received lot of attention lately as a result of NSA scandal and high profile hacking attempts at several large corporations. With the rise of internet and proliferation of computers in our daily lives it is imperative that businesses pay close attention to online security and protect their computer networks like a hawk. At the same time, it is also important to ensure your offline or physical security is in place to protect physical infrastructure from intruders and scammers. Failing to do so can result in theft and sabotage producing large financial loss for your business.
Fire safety is usually not on top of mind for many business owners. After all, they have business to run and fire safety does not help them improve their sales or customer service. Most business owners probably include fire safety equipments as part of building construction and pretty much forget about it as they go about running their daily business. There is nothing wrong with focusing on your business first, however it should not be done at the expense of safety of your employees and yourself. There is a good reason why fire safety is taught to us from a very young age.
Look around your desk and see how it is organized? How many items do you have lying around and taking up precious desk real estate? If you are like most people your office desk is cluttered with items that you rarely use. Over time the desk has become a garbage dump of papers, staplers, pens, scissor, paper clips and so on. This is pity because research shows that the cluttered desk can reduce the productivity of the person sitting on it. A desk that is neatly organized can help find items quickly and improve your output significantly. The P-L-A-C-E method we described below can help you achieve the goal of organizing your desk for maximum productivity.
If you walk into your local shopping centre, you will see exactly the same things as you would in any other shopping centre in the country – a number of large, brand name stores; some smaller, independently run shops; a sprawling food court stuffed to the brim with fast food restaurants.
Unfortunately, with the current state of the economy, many of the larger retailers have been finding themselves strapped for cash, with many of them (HMV, GameStation, Woolworths and the like) either going bust completely or going into administration.
There is, however, an upside to this troubling situation – small businesses are coming back into fashion, experiencing their own renaissance and flourishing. Food carts are doing well and food kiosks are really taking off. Take advantage of this boom as soon as you can; here’s how to do it.
Your working environment can have a significant impact on your staff productivity. The office layout, wall colors, decoration and other surroundings can help or hinder the creativity and output produced. No wonder Google and many other companies spend so much attention and money on office buildings and furnitures.
What factors do you need to consider as you look to improve the working environment to boost productivity, creativity and employee retention for your company? Here are some ideas:
When it comes to starting small business location is everything. Where you locate your business can eventually decide whether the business will survive in the long run or will encounter headwinds forcing you to shut it down or relocate it. This is especially true of retail businesses that largely rely on customer foot traffic. I have seen number of promising business that had to close down because they chose the wrong location.
Large retail businesses have dedicated real estate departments whose job it is to scout locations for expansion. Now, small businesses cannot afford to have a department to focus on real estate, but that doesn’t diminish the attention you have to give in choosing a location for your business.
The largest expense for most retail businesses is real estate. With floor space rents increasing every year maintaining a floor space large enough for your business is an ever increasing cost. In addition to the rent you have to pay by the square foot for retail space, you also incur associated cost that increases with the size of the floor space. Insurance premiums are often based on square feet, maintenance and janitorial costs increase, and security needs become more of a challenge. To reduce the costs associated with retail space you must be able to display as much retail product as reasonably possible in as small of a space as possible.
Relocating your business office requires a lot of planning and attention to details. You may have to temporarily close or scale down your operation, which can result in financial loss. Your new location may inconvenience your existing customers and business associates. In your hurry or enthusiasm, you may overlook many things crucial to the success of your business. Therefore, you must plan your business relocation with utmost care and execute every step meticulously.
Here are 6 tips on how to relocate your small business office:
In recent years, increase in house prices has ushered in a new age of inexperienced landlords trying to cash in on the boom – if you’re reading this you may even be one yourself. It is worth considering your options, then, especially if you are inexperienced, and asking yourself the question, should I lease my property through an agency?
If the economic downturn of the last few years has taught anything to business owners it is to stay flexible and nimble. This applies to large corporations, but it has been even more critical for small business owners. After all, small businesses are working on a shoestring budget and do not have much room for error. I discussed the actions small business owners can take to become flexible in earlier post. I also showed a framework that can help you reduce costs in a systematic fashion. It involves looking at various costs and eliminate, rent, share and optimize them in that order.
For small business owners one of the biggest costs and impediments to being flexible is the real estate expense – either owned or leased. Lately, some entrepreneurs have come up with novel approach to help you reduce this cost, while still letting you keep the appearance of having full service office. Let’s look at how it works and what you can gain from it.