When it comes to choosing a location, we’ve all heard that ‘it’s better to choose the worst property on the best street than the best property on the worst street’. Whether you’re looking for commercial or residential purposes, the reasons for this are simple: your postcode is everything.
For businesses, especially, location is highly important, as it has a major influence on everything from people’s perceptions of your enterprise to your client base, image and accessibility. Here are just three of the reasons that it should be at the forefront of your mind the next time you’re scouting out potential premises.…
Office design has now become synonymous with things like egg chairs, ping-pong tables, and arcade machines. While this may be fine for multi-billion dollar companies like Google and Facebook, the majority of us would appreciate it if our office simply made the best use of its real estate. Here is three ways you can start saving space.
Think Vertically
If you look around, you will notice a growing trend in our urban landscapes: we now have to build upwards rather than outwards.…
Most entrepreneurs face the dilemma of whether to hire a VA or not at some point in their career. While it might seem like hiring a virtual employee might bring more aggravation into your life than it will take away, this is rarely the case. The plain and simple fact is that the services offered by virtual assistants cost a lot less money to a growing or well-established business than a physical employee does, even if you have to cycle through a few to find the right fit for your company.…
Effective asset management is vital to developing a streamlined and efficient organisation that’s performing to its maximum capabilities. It can take a number of guises, from procedures that you implement yourself, to programmes developed for and tailored to your business by professional enterprises such as Killik. Irrespective of the form your asset management plan takes, each of these incarnations has one shared goal: to ensure that your company is running as efficiently and profitably as possible.
In order to achieve this aim, it’s important to properly introduce your plan into the workplace.…
Selecting office space with an eye to the longer term can be a vitally important factor, especially with companies that expect to see growth in the short to mid-term. The majority of landlords will accept only a minimum of two years (although longer is common) for companies to rent their space, that will be a legally binding tenancy over the fixed period. Many contracts will have breaking conditions that are often punitively expensive should a company find that the office isn’t working out for them.…
It can be a fantastic thing to say you’re operating a business that encompasses a large number of employees, and no doubt such large numbers have a great impact on the abilities of your business as a whole. Having said this, it’s important to take into account vital factors when managing large numbers of staff, such as budgetary requirements, managing files and organising payrolls.
So where do you begin? Well, thankfully there are a few practical means of managing staff without having to go to drastic financial lengths.…
Getting your MBA is the first step toward a multitude of new career opportunities, perhaps some that you hadn’t even considered before. Supply Chain Management (SCM) is one such opportunity.
Described simply, SCM involves improving efficiencies and coordinating production, inventory, location and transportation among the participants in a supply chain, but there is a lot more to this rapidly growing sector.
Based on a new MHI report, the logistics/supply chain business will be looking to fill 1.4 million jobs, or roughly 270,000 jobs per year through 2018.…
Every company in the world wants to improve its efficiency and productivity, and it’s no secret that these factors rely heavily on employee motivation. Let’s be honest, work can sometimes be a little tedious. There’s no way that spreadsheets or repetitive tasks are going to motivate employees on their own (or at all), so it’s really important to offer a helping hand in lifting excitement around the workplace and getting the most out of your workforce.
As soon as workers lose their motivation, they become less hardworking, less creative and less of an asset to the business.…
When most people think of business conferences, they picture serious professionals in suits gathering in banquet halls, or ballrooms, to listen to hour upon hour of lectures and presentations; and only taking breaks to retire to a chain restaurant or hotel bar to talk shop until the next round of presentations.
On the one hand, it is understandable that people would have this image, since the main purpose of these conferences is to share as much information as possible. However, this doesn’t mean that conferences have to be bland or boring.…
Offering a decent salary is most certainly enough to get some of the top millennial candidates through the door… but is it enough to keep them? Sure, the “almighty dollar” can be a great incentive and is definitely one of the reasons that we go to work each day, but as the cost of living goes up, the company budget tightens, and raises become far and few in between, money is no longer the motive.
In order to run a successful company, equipped with a great staff, business managers and execs must be willing to think outside of the box to maintain employee satisfaction.…
