Archive for August, 2012

Time to Expand Your Business?

Tuesday, August 7th, 2012

When you’ve built your business up so that you are running at full capacity then it may be time to expand your business. For example, if you find yourself with a full order book, no hours left in the day and perhaps even having to turn work away. But how?

There are many ways in which you can expand your business, including:

Expand your BusinessHiring

When you are working at full capacity, hiring in some help can, in theory, enable you to double the work that you are able to take on. Hiring in staff to take on other tasks, for example, your admin or marketing, can free up your time to work on your business priorities. Taking on staff could even help you to expand your business even more, by enabling you to spend time bringing in new business – thus creating a positive circle.

Do, however, consider the costs and responsibilities involved in hiring staff. Go to the HMRC website for information regarding your legal obligations and let Office Allsorts deal with your additional office furniture and equipment needs.

Diversifying

Diversifying – perhaps by expanding your range or moving into a different but related area, can be a great way to move your business on to the next level. It is usually wise, however, not to move into a completely unrelated line of business. For example, a web design business could also offer a copywriting service as the two are linked and one line of work will feed into the other, making for organic expansion.

You could also consider moving your existing product or service into a different market, perhaps adapting it slightly.

Franchise

Deciding to franchise your business is a big step, but one which can bring vast returns. You do however have to be prepared to relinquish some of the control, which can be difficult for small business owners. But if you are serious about expansion then it is something that you will have to come to terms with, as delegation is key – whether that’s to a new staff member, a manager of a new premises, or a franchisee.

Deciding that it’s time to expand your business is an exciting step worth celebrating. If the time is right for you and your business then careful expansion can move you onto the next level of success.

Cost Cutting Ways to Rent Office Space

Thursday, August 2nd, 2012

There are many reasons why you might be looking for suitable office space to rent. Perhaps you’re just setting up your business and are at the early stages of finding the perfect premises, or perhaps you have been working for a while from home but have outgrown the available space and are looking for a different solution.

Even if your business isn’t office based – for example, you’re a retailer – you may find yourself needing to rent office space as a quiet, distraction free place to do paperwork, make calls etc.

There are many websites dedicated to helping you find your perfect premises. At www.officialspace.co.uk you’re able search over 6,000 offices across the whole of the UK, so wherever you are located, you’re likely to find a suitable office space in the right location. If you can’t find what you are looking for, you can register your details and let Official Space contact you when something suitable becomes available – taking all of the hard work out of finding the perfect office.

Once you’ve found your dream office, make sure that it looks the part with furniture, equipment and stationery that suits your business style. Setting up an office doesn’t have to blow the budget, however – Office Allsorts offers a lowest price guarantee on all your new office essentials.

Rent Office Space

If you’re a freelancer who’s outgrown the home office, or you have a non-office based business premises but need an office space in addition, renting a desk in a shared office can be a great solution and one of the most flexible ways to rent office space.

The benefits are numerous. Renting a desk – or hot desking, as is the buzzword – is affordable and flexible, enabling you to rent space without making a long term commitment to an office space. You’ll have the space that you need to work without distraction by home or business premises matters, as well as enjoying the buzz of a busy office and working alongside others. Find your perfect ‘hot desk’ at www.officegenie.co.uk.

 

 

 

Author:  Carl Barton