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by Jerry Mooney
There might come a time when you need to move out of your office. Hopefully, it will be because you are expanding your business and need some more space to hire a lot more staff. But, unfortunately, it could be for a much sadder reason, such as closing down. Whatever the reason, you won’t need your office space anymore, and you will need to get rid of it.
If you currently rent out your office, then this shouldn’t be a problem. After all, it’s not up to you to find the next tenant – that is the job of the landlord. However, if you have bought your office space, or even built it yourself, you will either need to sell it or rent it out to a tenant. This process might not be so easy as you might think.
It can take a long time trying to find someone who is willing to take over your new office. And if you are looking for a buyer, this will be a very long period indeed! However, there are a few things you can do to try and speed this up. Here are our top tips that can make selling your office space ever so easy!
Find The Right Real Estate Agent
You will need to sell your office through a real estate agent. You could try selling it independently, but a real estate agent advert will be able to reach far more potential buyers than you would be able to reach on your own. However, rather than going with a real estate agent who specializes in residential lots and properties, you should seek out one who focuses on the commercial property sector. They will know how to market your property so that it garners as much attention as possible. If you are exceptionally busy, they will also be able to help organize viewings for you and take care of that.
Prepare For Viewings
Once your office goes on the market, you need to get ready for potential viewings. Even if, as mentioned in the above, you are too busy and your real estate agent shows interested parties around the space, you still need to get it ready. Even if you don’t have much time, you should at the very least tidy up and remove any clutter. It’s also worth brightening the place up with a fresh coat of paint on the walls. Adding some decorative features, such as pot plants, paintings, and other artworks. But, if you do change the decor slightly, it’s important to keep things fairly neutral. This will help viewers imagine themselves and their company working in the office. If they are unable to imagine this and place themselves in the office, then they might be reluctant to place an offer.
Sort Out The Exterior Of Your Office
It’s all well and good improving the interior of your office, but if you neglect the exterior, then no one is going to notice. That’s because many potential buyers will make their initial judgement of your office on pictures of its exterior. If they do not like what they see, they will simply move on to look at another office space. If you have any lawns or grassy areas in front of your office, it’s a good idea to get a firm such as ABC Home & Commercial to come and smarten it up for you. They’ll be able to mow the lawn and take care of any landscaping that needs to be carried out. If your outside garden areas are quite plain and basic, you might want to add some more plants and flowers to make them more attractive. You might be surprised to see what a difference this makes to your building’s exterior! As well as sorting out plants and lawn areas, you will also need to work on the actual building. If there is any old paintwork, it’s necessary to go over this with another coat so that you can brighten it up. Repairing any damage to the building’s facade will also make a big difference.
Be Reasonable With The Price
Once your property goes on the market, you need to decide on the price. When you hire an estate agent, they will come and take a look around your office space so that they can value it. They will then give you an estimate of the kind of price you could ask for it. This will depend on a few different factors, such as the quality of the building and the current property market in your area. The location of your office will also have an effect on the price of your office. For instance, inner-city office space is very sought after and can command higher prices. However, if your office is in the suburbs or a remote area, you might have to sell it fairly cheaply. When you do decide on an asking price, it is important that you don’t overprice your office. Otherwise, you will never sell it! Place it somewhere close to the market average. If you want an extremely quick sell, you might even have to price it slightly under the average so that people think they are getting a bargain.
Use Social Media
You might not be able to sell your residential property over social media, but this is actually a very good strategy for selling commercial spaces. The commercial real estate market is surprisingly social, and you will find that a real estate agent will encourage you to connect with people online over social media platforms like LinkedIn, Twitter, and Facebook. Once you are on social media, you will find and connect with other professionals in your area, and will be able to find out who might be on the lookout for some new office space in the coming weeks or months.
Hire A Copywriter To Write Your Advert
Sure, you could get your real estate agent to quickly write up an advert for your office space for you. After all, they will know exactly what needs to go into the property description and how to use flowery language in all the right ways. But you will find that hiring a copywriter is a lot more effective. That’s because copywriters know exactly how to connect with a target audience, and they will be able to write in a way that really appeals to readers, no matter who they are. Copywriters can evoke various moods through their writing, so one will certainly be able to evoke the mood and feeling of your office space through the words on a page!
Film Some Video Footage
These days, pictures aren’t enough on their own anymore. Sure, they can be a great way to give potential buyers an idea of what your office looks like before they arrange a viewing, but now viewers want an even bigger insight into the property. And you can give them that by filming some video footage. Your real estate agent might even offer this service. If they don’t, you will have to film the footage yourself which shouldn’t be too difficult. If you give the footage to your real estate agent, they should be able to add it to your advert. These days, the cameras on smartphones are so good that you might even be able to make a good video on your phone.
Host An Event
Did you know you can get people excited about your space before they even know it is up for sale? You can do that by hosting an event in your office. For instance, you might want to put on a networking event for local business owners and professionals. If you have a very unique and stylish office space, people won’t be able to stop talking about it. And, once you put it on the market, you might find you have a lot of interest from people who attended your event and have already seen the space for themselves!
Consider Selling The Business Along With The Office
If you find that you don’t have much interest in your office space, you might want to try and sell your company with it. This could be especially useful if you were thinking of shutting up shop completely. Unfortunately, this won’t be possible if you are expanding your business and simply moving it into a larger office. But, if you are in a position to sell the company, then it is definitely something you should consider. There are a few different websites that advertise businesses for sale, so you should list it there amongst all the others. Be sure to mention that the office space is also for sale with the company. This can be very attractive to people looking to buy a new company, as they won’t have the hassle of trying to find an office separately.
Hopefully, this blog post has given you plenty of tips to help you sell your company’s office as quickly as possible. Got any other tips that readers might find useful? Let us know!
By Sharon Jones
Wherever you may be based, you may have thought at some point that the idea of working in another country, or within a different culture could be rather exciting. The truth is, experience gained in other parts of the world could only help to serve you better in your future career due to the perspective you may gain in different surroundings. However, there is much to think about when it comes to working in other countries, which is why extensive research is needed before taking the plunge completely. I thought I would share with you some of the facts to consider when it comes to working in different parts of the world. I hope it helps to serve you if you find yourself wanting to make this decision in the future.
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Consider the different countries that may provide the best opportunities
There are many different countries in this world, and whether you are reading this in the UK, the US, India, Australia, wherever you may be, there is a big wide world out there ready for you to explore. So, of course, one of the most exciting things to be considering is which country you might want to consider working in? Heading online and searching out potential vacancies in different parts of the world for jobs that suit your current skillset would be an excellent place to start. After all, some countries can be rather choosy when it comes to accepting applicants. Especially if they have the right sort of candidates for the roles that are currently resident in that country already.
Don’t forget the long-term career and what you want to gain from it
This is a big decision to consider, and not one you should be taking lightly. Working abroad in a different country and culture could offer you an array of skills and experiences you may not get in the current country you live in. But, that being said, you also need to ensure that those skills and the experience gained will help you with your future career. Think about the direction in which you want to go and the end goal you have for your career. Could a job working in a different culture help or hinder your chances of reaching that goal? Will it enhance your resume and help you to achieve the goal faster? Don’t just pay for any job, really consider what you want to do and what you may gain from it. This will ultimately help you within your career, and also help for you to secure the job in a different country.
There will always be documents needed for different countries
There will always be visas, or similar, you may need to get, identification cards to help you obtain jobs or to help with paperwork. Perhaps even being something extra you can get once you become resident in another country, or to help you move on from the country you currently live in. Gaining residency in a different country could be aided by the job you have, but once you are a resident, you could be entitled to further documentation cards that could help with other aspects of residency like dual status passports, etc. For example, the aadhar card download for Indian residents helps individuals by being an additional accepting form of ID for documents and services. However, going back to the beginning of the process, make sure you accept that there may be some hoops to jump through before you are even eligible to work in that country.
What about the money side of things
Money talks, we know that, and that would mean that you would need to be aware of the financial impact working in another country might have on you. Of course, there is the salary to consider with a new job. But you will also need to think about the living expenses and how much you might need to sacrifice in order to make a move in the first place. Look at your current financial situation and make sure you become fully aware of what our budgets might be when living in a different country. From rent costs right through to how much it will cost to live.
Think about the other aspects of your life before moving
Finally, you need to consider the other aspects of your life before making that move abroad. Think about leaving your family and friends behind, and whether you have anyone to call upon in the country you are moving to. These things can really help or hinder your chances of thriving when making such a big lifestyle change.
By Haris Quintana
It is not necessary that you have a professional degree in finance to manage your personal and business finances. By learning some basic features about the nature of your financial setup and getting some help from experts can help you manage your own finances efficiently.
You need to focus on some of the broader terms to devise your financial plan successfully. Start by tracking your capital flow i.e. the incoming money (your gross income) and the money that is leaving your system (which includes recurring and fixed expenditures and discretionary spending). When you know how your money is being spent, you will transgress to the more complex levels of financial planning.
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Photo courtesy of Flickr
We know that insurance is an effective tool to ensure the financial stability for you and your loved ones. Therefore, in order to devise a successful financial plan, one needs to know that what insurance policies can prove to be the best for them. Choose an insurance service that provides a good insurance policy with reasonable premiums that can be fit into your monthly budget.
Taxation is another major character that affects your financial planning. The subject of taxation is considered very complex and exhausting because they are determined with the help of different parameters. Initially, if you are finding it difficult to deal with your taxes, then you can hire a professional taxation service such as Cruz & Co. They will help you with all the work involved in tax compliance and filling your tax returns so that you can focus on your business and work.
One of the investment practices that are considered safe and being practiced since ages is investing in gold. In the year 2017, the Australian gold Market has climbed stronger, making it the best time to make your investment in gold. Even if the market sees bearish trends, you don’t need to worry, because you will own a valuable tangible asset that won’t make you investment go in vain.
Managing your real estate property is also very important for a successful financial plan. You should know when to buy and sell your property because time is a very important factor in the pricing of real estate properties. Keep yourself updated with the recent market trends. Similarly if you have an investment property, it is important to know the market rental rates you should expect and be aware of how to manage any costs incurred through your investment. If this is your first time in renting out your own property, it’s good to get advice and assistance so that you do not short-change yourself.
To make a financial plan for a long run, it is necessary to adorn it with different type of investments, so that in a time of need or during any financial crunch, you can sustain the economical system of your business or house without the sacrifices you don’t wish to make. When you yourself are at the helm of your financial planning, then it is better to invest your money in ventures that have very low levels of risks involved.
By taking care of the above mentioned features, you can execute a successful financial plan.
By Sharon Jones
Running a business is never an easy feat. From the initial planning and organization to your regular day to day jobs, there’s always loads to do, and never enough time to get it done. Along with this, business growth is also a challenge. At some point, it’s likely that your busy will find itself with more work than it can handle, but not enough resources to get more workers involved. To solve this issue, there are a couple of routes you can go down. So, to help you out, this post will be going through some of them to help you choose.
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Recruiting new employees is always incredibly expensive. To start, you’ll need to either pay for a recruitment company to help you or find a website which enables you to hire people yourself. From there, you’ll need to deal with the legal side of their employment, and any other admin which may come with it. This is before you consider the amount of money you have to pay the new employee. It’s best to reserve recruitment for entry-level jobs which don’t have to pay very much. Then, when you have more specialized work, you can find another method.
In a lot of small businesses, the owner will be handling a lot of administrative work. In most cases, this sort of work can be handled by your entry-level employees, though, leaving you with a chance to learn the harder stuff. By studying a BBA in accounting, HR, or another subject, you can start to handle some of the complex work in the business. This saves money hiring more expensive employees, but should only be done with jobs which need to be constantly done. If you have a one-time piece of work to do, it’s better to find another method.
If you’ve been in business for a while, you’ve probably experienced your fair share of life-changing clients. Some jobs are big enough to propel your company much further than others, and these are often the hardest to complete. Of course, for a single job, it would take too much time and effort to hire someone full-time. Outsourcing is the best way to make a job like this work out. Instead of hiring a permanent staff member, you will pay someone for a one-time job. Websites like Freelancer are perfect to help you find all sorts of professionals.
Each job you have to do will be different. You will need different skills, manpower, and types of employee for every job you do. Unfortunately, this can make it hard for people to choose how they hire employees. In most cases, it’s best to base this decision on the job itself, the future of your company, and your current position. With these in mind, it should be easy to find the most inexpensive route.
Hopefully, this post will inspire you to start looking at all of your options when you’re thinking about employing people for your business. Not a lot of companies put this sort of effort in, and will usually suffer the consequences. It doesn’t take much to solve your staffing issues. So, it’s worth taking your time.
By Sharon Jones
When it comes to making sales in the modern day world, you need to focus on aesthetic. Image sells and the key to a successful business plan is often to create a visually attractive product and advertise it in its best light. Remember, we are living in the Instagram generation where 95 million images are uploaded to the web every single day. People spend more time on their laptops, tablets and smartphones and generally make the majority of their purchases with the intent of showing off their goods online in mind. Whether you are based in a brick and mortar store or operate entirely online, the same concept applies: people tend to buy with their eyes and you need to alter your brand and products to cater to this demand. So, where to start? Design of course! Here are a few tips and tricks to help you decide where to focus your time, energy and resources.
Creating a Brand Image
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To start, you need to become familiar with your target audience. It's time to work out the tastes and expectations of those you are planning on catering to! You can achieve this by carrying out effective market research. Market research can take the form of surveys and questionnaires, focus groups and question and answer sessions (online or in person). This will allow you to find out much more about your potential customers: you can find out your demographic’s age, interests, and general preferences down to seemingly trivial details such as their favoured colours. You will then be able to implement these details into the image that your brand puts across.
Logos, Colour Scheme and Typeface
The first place to focus your efforts is your brand image itself: your logo, typeface and colour scheme. These are the aspects of your design that consumers will begin to associate with your brand. Try to keep things simple. So many businesses attempt to cram too much information, colour or pattern into their logo and end up overwhelming consumers. Stick to two or three colours at most and a simple legible typeface. Engage with a professional graphic designer who will be able to advise you further and realize your ideas. Once you have settled on a design, copyright it. Protecting your intellectual property is key to preventing fraudulent products or services using your hard work to gain a profit for someone else.
Store design is a complex process, but will create the perfect tangible space to engage with customers face to face. Any commercial property can speak volumes about your brand: upon entering your store space, your customers should get an immediate taste of your company’s services, ethics and general atmosphere. So choose every aspect of the design wisely. You could call in the help of an interior designer if you are lacking inspiration, but if you know what you want, you may well be perfectly capable of sourcing the goods to fill the space yourself. Try to stick to a neutral colour scheme for your walls so that they can act as a blank canvas to showcase your stock on. From here on out, the rest of the design is up to you. Use effective lighting to highlight pieces of stock that you want customers to pay particular attention to. Furniture can also play a huge role, not only for storage and presentation purposes, but to create a continuous brand aesthetic throughout your entire store.
E-commerce is one of the most rapidly expanding areas of commercial profit, so invest wisely in your online setup. It will likely be much cheaper than setting up a physical store, but requires just as much dedication. Remember, small businesses have unique web design needs, so don’t just opt for the first platform, theme or layout that presents itself to you. Employ the services of professional web designers or managed web design services. This puts you into contact with a specialist team who can cater to all of your needs, crafting every single aspect of your web page on your behalf. If the results aren’t exactly as you wished immediately, don’t be afraid to work further on it. Much of the process will be trial and error before everything falls perfectly into place.
By being smart with your design, you can attract the interest of your target customers and associate your brand with style and good taste. People are more likely to trust that what you are selling them will be brilliant for their aesthetic and something that will be completely worth their investment.
By Nigel Hilton
It is well known that the winter time can be a very slow period for most businesses, no matter what industry or sector they are in. But this season is also hazardous for one other reason: inclement weather.
The weather might not be the biggest worry playing on most entrepreneurs’ minds, but it is certainly something that you should start to think about. Bad weather can make things dangerous for your employees, and it could also damage your office building.
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To ensure that your company doesn’t suffer too much the next time it snows, make sure you take these important winter precautions.
One of the biggest threats that the winter weather brings is frozen and burst pipes. This problem occurs a lot in exposed pipes as they don’t have enough insulation to keep them above freezing temperature. Once the water freezes in the pipes, it expands, which can weaken the pipe and cause it to burst. This then means you have a huge leak on your hands. So, if you have any exposed pipework in your area, you should invest in some good quality insulation.
Buy Some Salt And Grit
If you have a carpark and a long walkway to your main entrance, you have probably heard your employees complain about ice during winter. It’s really important that you ensure no one gets hurt from a fall on your property as they would be within their right to sue. To prevent your car park or walkways getting too slippy, you should buy some salt and grit to spread over them. This will melt the ice and make it easier to walk on. You should be able to find salt and grit at your nearest hardware store. If not, contact your local authority or council.
Check Infrequently Used Areas
During the winter, most companies close off rooms or areas that they don’t use on a regular basis. This is so they don’t have to waste any money heating them up. However, as no one is using them all the time, some issues might go unnoticed for a fairly long time. For instance, if there is a burst pipe in one infrequently used conference room, the problem could grow until someone notices it. So, make sure that all areas of your workplace are regularly checked for potential winter damage and problems.
Install Roof Snow Guards
Sure, snow is super pretty when it is falling outside your office, but have you ever thought about the damage that excess snowfall might do to your roof? It’s a good idea to get your roof reinforced, so it can hold up under all that weight. You should also install some snow guards so excess snowfall doesn’t slide off the roof onto someone! If you go through a very cold spell and notice icicles hanging from the roof, you should remove these as soon as possible. They can get dangerous when they start to melt and fall from the roof.
Follow these precautions and don’t get burnt this coming winter!