Entrepreneurs, freelancers and small business owners often don’t have the working capital to afford a dedicated office. In fact, many businesses may only need an actual office space for occasional meetings or presentations. Still to maintain a professional appearance, many of these same businesses still rent office space, despite the costs of the lease and staff overhead.
An alternative to the traditional office space that is rapidly gaining popularity is a virtual office. A relatively new concept, the virtual office space has all the amenities of a regular office – WiFi, landlines, conference rooms and even staff. The difference, however, is that you are renting the whole kit and caboodle for a set price from a virtual office space provider. For a low cost, you can use the space for an hour or two, or on daily or weekly basis.
How to Avoid Major New Business Pitfalls
Running a business is a difficult task. You need to grow your business without making large mistakes that could cost you everything. New business owners are notorious for making poor decisions that they could have avoided with a little research and planning.
You’re busy. You have your business to run, meetings to attend and deals to close. You don’t have time to constantly answer the phones and perform administrative tasks. This is why a receptionist or personal assistants are so important to your business.
Google isn’t just for searching anymore, and the company has created a bundle of services that make running a business easier, faster, and cheaper. Google Apps for Business is Google’s comprehensive paid solution to help businesses work more efficiently, but even the freebies Google offers can make daily tasks simpler.
The Affordable Care Act has officially been implemented, and small business owners are bearing the brunt of rising healthcare costs. According to a survey by the National Federation of Independent Business, over 60 percent of surveyed small business owners with less than 100 employees are “paying higher insurance premiums per employee in 2013 than they did in 2012.”