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Running a Home and a Business from Two Locations

By | Business, Tips | No Comments

Many small business owners dream of a day when they can have multiple shops, multiple homes, and one life full of success. This is perfectly possible, but it does take work. Today, Business E Suites touches on a few ways to keep your own home, family, and business running safely and smoothly when you have multiple residences in different cities/states.

Savings

Even though you’re already in a position to enjoy success, you don’t want to let the income you’ve already earned get eaten up by your second home. A few simple ways to save money here include getting your business out of debt, cutting back on unnecessary expenses, and possibly even adjusting your overhead needs. For example, consider ditching rent for an office building. Instead, you can trade off between working from home and a co-working site.

At home, you can save money by checking prices on things like automobiles and health insurance in the state where these expenses tend to be the least. Plan to cancel your cable subscription on both properties and instead go with a streaming service that provides the types of content you and your family need. If the choice comes down to Disney+ versus Netflix, this guide by Android Authority can help you decide.

Communication

Communication is essential in all businesses, and yours is no different. Make sure that you can communicate with your employees and customers, which might mean investing in a laptop with longer-than-average battery life. There are many different options, and prices vary. Look for comparisons of today’s latest models.

It may also be wise to hire a personal assistant to handle certain business matters while you are in between homes, especially if you drive or fly between each frequently. If you hire someone to work alongside you in person, you may spend up to $52,000 per year, and if they travel with you, you also have to pay for their accommodations and food while they are away from their home state.

Safety

The safety of your family is important when they also live in multiple residences. Make sure that you have a security system in each home, that you can access both from wherever you are. When your children are young, make sure that each property is adequately childproofed, which should include having locks on lower cabinets. Before you buy any types of products that your family will rely on for safety, read reviews, details, and opinions from qualified sites.

Pricing Between States

You already know that the cost of housing, utilities, and food will vary from one state to the other. But don’t forget to pay careful attention to other common costs, which include things like:

  • Storage units. You can find a storage unit quickly using Google. The cost of storage in LA, for example, ranges from around $125-$300 each.
  • Business space. If you’re planning to open up shop in Boca Raton, Florida, you’ll probably spend around $36 per square foot, although many units are available for $19 per square foot for a one-year lease.
  • If you’re looking for cheap internet, consider anywhere in Texas, where you can expect to pay $2.29 per megabit.
  • Clothing is expensive no matter where you go. However, if you want to move to Washington, DC, you’ll probably spend less than $1,000 per year on fashion compared to $2,500 or more in the entire state of Illinois.
  • WKYT, a Lexington, Kentucky-based news station, says daycare can cost around $18,000 per child.

Running your business and owning two homes is a great way to expand your market and expose your family to multiple living arrangements. But, there are many things to consider before you do so. From keeping your family safe to the cost of basic extras, like a storage unit or internet, you need to know what you face before you start eating into your profits.

 

Image via Pexels

 

6 Definitive Traits of PROFESSIONAL Attitude

By | Business

The path to success isn’t easy, but there are traits in the attitude of successful people that have served as parameters to continue their path. Here are those 6 traits that can enhance your personality:

1. SET goals and plans.

 

Knowing where you are going is a big part of the journey. Having plans and goals is an excellent way to walk toward success. However, you must be clear that it is not just about making plans.
A crucial part of your goals is their ability to be achieved; a successful professional knows that he must set realistic goals.
It’s rather a process of balance, between betting big, and aiming for those things that we know can be achieved.

 

2. BUILD a network of professional contacts

A good professional has a wide network; through this, he manages different aspects of his professional performance.
We don’t just meet people to meet. It’s also necessary to be proactive, dynamic people, with a desire to succeed and contribute new knowledge to our lives.
Contacts abroad mean the possibility of nourishing oneself from other cultures, enriching one’s vision, broadening the spectrum of action, and learning to solve problems in other ways.

 

3. DEVELOP communication skills

 

Communicating is an art; it’s not just about sending a message. It also has to do with your ability to get your ideas across.
It has a lot to do with your empathy, good dissemination strategies, and, above all, the vocabulary you use.
A successful professional uses the correct language. He knows the terminology of his area, and makes himself understood with the necessary fluency.

4. INTERNATIONAL experience

 

Giving you the opportunity to treasure international experiences is a way to grow and pave the way for success. It translates into a knowledge of other cultures, greater expansion, and an ability to appreciate circumstances as scenarios for growth.

5. OTHER languages

 

Learning another language allows you to stand out from the rest. Although English is known as the language of business, speaking other languages ​​enriches professional relationships.
With each language, there’s an added cultural and life load. This means your system of thought and way of seeing life is enlarged. The new language brings the possibility of seeing greater solutions and fewer problems.

6. INVESTMENT in education

Constant training is key. You can’t just rely on what you know, much less allow yourself to stagnate. You need to continue training to discover the skills and abilities necessary to develop your career. Maintaining a culture of lifelong learning is key for any professional.

A professional attitude is what makes the key difference when having contact with clients or prospective clients. This materializes the business, and therefore, growth will be potentialized.

4 Tips to “Expand” your Office

By | Business

It is common for growing businesses to begin working in small offices as they continue to grow and expand. However, this should not be a limitation and should not make the workspace uncomfortable. There are a number of ways to play with perception and decor to create comfortable and harmonious surroundings.

These ideas can be helpful to completely outfit an office and enjoy every corner.

  1. Use foldable or stackable furnishings. This is a great way to make the most of spaces. Movable, easy-to-move chairs and tables can benefit from transforming workspaces and enabling the area to be used for other activities.
  2. Integral furniture integration. There are furniture items that optimize space, such as chairs with built-in desks that can be very useful for staff training or onboarding steps. This is an effective use of your imagination.
  3. Choose desks with integrated storage and drawers. There are tables of optimal size for the office that offer storage for the occupants without having to pile up paper or work material. It provides a sense of order and more space in an office.
  4. Creativity in interior design. Without the need to use walls that divide office space, there are low-cost alternatives such as acrylic or glass walls that give a sense of space. As well, the acoustics are unaffected. There are also artificial plants that decorate the walls and please the sight of the place.

These four tips are just some of the ideas that can make your stay at the office enjoyable and encourage productivity and a good mood.

The 3 Key Benefits of a Virtual Business Address

By | Business

If you’re a small business owner, it may be common for you to work from home. Technology and the COVID-19 pandemic have shown us the benefits of remote collaboration. Many startups operate with employees scattered all around the world.

Yet, entrepreneurs still need a physical place to get their signatures and documents. And there’s still not a better way to do it than with a Professional Business Address. Let’s take a look at its benefits.

Image and Professionalism

The business world is still guided by first impressions. A company located in an apartment or residential area will look unprofessional. One that is in a business district will inspire trust in its partners and customers.

Protect your Privacy

When you post your business’ address online, your goal is to reach as many people as possible. You may as well resort to business cards, newsletters, or advertisements. Thus, whatever you write or say becomes public information. A Professional Business Address keeps your home data private. This is mandatory if you want to take care of your security.

Organization and Personal Life

Running a small business involves wearing many hats, and most of them involve a lot of paperwork. A Professional Business Address prevents these documents from mixing with your mail. It also helps you to separate work from your personal life. As a result, you will be able to enjoy your free time.

Virtual Business Addresses in Texas

Your Professional Business Address must be a long-term commitment. Some people may look for you many weeks or even months after you posted your location. So, it is important to maintain your contact information.

When looking for a Professional Business Address, you should hire a reliable company. It has to provide you with the best service, as well as align with the culture of your business. Business E Suites is located in Sugar Land, Texas, and offers addresses both as a stand-alone service or as part of our plans. Contact us and find out how we can help you.

How to Find and Hire the Right People With Your Business’s Success in Mind

By | Business, Industry

Running a successful business truly requires having the right workspace. If you run your business remotely, consider setting up shop at Business E Suites. We offer move-in-ready office space, as well as private and co-working spaces. Check us out today!

[Image Source: Pexels]

Hiring the right people at the perfect time has a significant impact on whether your business can make it in the long haul or not. Still, many business owners don’t have much experience in the process. To be successful in the long term, particularly if your venture is growing, your business will eventually need to find and hire people with various skill sets for various roles, including marketing experts and salespersons.

Business E Suites offers some insights as you consider whether to find help.

Strategies to Find and Hire the Right People

Sales and marketing employees will know your products and services inside out and are vital members of your team, playing a crucial role in securing new business, creating strategies, advertising your venture, and supporting existing client relationships. When you have a salesperson or a marketing professional in your team, you can further grow your business. Here’s how you can find them.

When Do You Need Outside Talent?

When the amount of work you do is overwhelming, it’s time to delegate some of these tasks to an expert. If you’re also planning to open a new shop or office, are developing a broader plan with specific goals, or are turning down clients because of the many projects you’re already working on, consider getting help by hiring an employee.

Create Compelling Job Descriptions

Writing a thorough job description that attracts attention is an essential part of the hiring process. The more compelling a posting’s title is, the more efficient you will be in stirring the interest of the most qualified people. Then, open the description with a captivating summary, keep it concise, and include the salient details of the job, like core responsibilities, soft and hard skills needed, daily activities, and more.

Where to Look

Social media can be a fantastic recruiting tool, allowing you to share job postings within your network and encouraging a two-way conversation. Online job platforms are even better places to look for manpower, as are freelance websites. A recruiting agency can also be a great resource, especially when you’re recruiting for a more specialized industry.

Spot Your Next Hire

There are a few attributes that distinguish great salespeople, including an achievement-focused personality and verbal acuity. A good marketing person is a strategic thinker and a visionary and is business-driven. Scour resumes and cover letters for evidence of these qualities, then look for other attributes that complement your team.

Narrow down your candidate pool by checking their reviews, recommendations, delivery time, and price to ensure they fit your work environment. After you’ve identified the person you want to hire, make an offer, and in it, specify the employment type you’ll provide. For instance, it’s common for remote workers and freelancers to be hired as independent contractors, and that configuration is highly recommended if you consider international remote hires or freelancers.

Survey the Home Team

Hiring and training new staff is quite an undertaking, and it can take some time to get your new hires up to speed. With that in mind, don’t overlook the talents of your existing employees. If you have people on your team who have the interest, ability and drive but lack knowledge and skills, it may be more cost-effective in the long run to help them expand their skill set through a degree or certification program. This can also be a great incentive for current employees, especially if you opt to cover tuition rates. Best of all, if you go with an online university, this gives your employees the chance to study and learn at their own pace, so their work obligations aren’t left faltering.

The Bottom Line

When it comes to finding, courting, and hiring great, skilled, and talented people, you need to be persistent and think outside the box. By using these strategies, you can quickly identify highly qualified and passionate experts ready to join your team.

 

 

5 Time-Saving Apps Every Small Business Owner or Entrepreneur Should Use

By | Business, Tips

Business E Suites provides productive office space and workspace to establish your business in a professional environment. Reach out to us today to find out more! 281-862-3150

Image Source: Unsplash

Starting and building a business is not easy, but most of the time, technology can help make things possible. Today, there are more than three million apps in the app store, making finding practical and helpful applications extremely difficult, especially for entrepreneurs who tend to work long hours and don’t have much time to lose. Business E Suites shares a list of the top five apps entrepreneurs and business owners can use to simplify their lives, have more free time, and work more efficiently.

On-the-Go Handlings

Evernote is a powerful and valuable app for on-the-go note-taking, idea-sharing, and organization for any modern entrepreneur. Whether you’re handling your to-do list, saving a webpage, or planning a trip, this app is user-friendly and syncs across all your devices, including your company’s desktop. You can also verbally dictate notes, bookmark, and save photos to keep your devices organized and the folders easy to access.

Communication at Its Easiest

Even though it’s an easy and convenient way to communicate with your staff and customers, email can take up massive amounts of time, especially if several people at your company have access to a business-wide inbox. Front is a multi-channel inbox that stores email accounts and, optionally, social media accounts. In addition, the app allows you to also access private and shared emails in the same place, saving you from opening and looking at a few interfaces simultaneously or logging into several different websites.

And when it comes to communicating to your customer base via social media, posting and tracking Instagram stories is simplified and streamlined by using Adobe’s Instagram story template library. This tool makes quick work of a story design that the world will see, graphically appealing and tailored to your unique brand and message. You can upload your own images or use the rich stock photography and graphics for inspiration and use for free.

Payroll and Profit Tracking

Payroll and accounting software like Gusto and QuickBooks offer numerous tools to make running a business easier, including features that help you streamline team management, handle payroll, and get real-time insights into your business’s profitability and expenses. With this software, you’ll be able to easily view available resources and billable hours, along with customizing invoices and tracking revenue streams and trends.

What’s better, the software also has a mobile app so you run your business on the go. Even with an accountant, investing in this software can help reduce the time it takes for you to collect W-4s, calculate and withhold income taxes, and pay taxes for your staff.

Tracking Business Expenses

Unless your company is accounting or finance-related, you probably have a hard time keeping track of your business receipts and expenses. Expensify is an excellent timesaving application for this – it takes most of the hurdle out of the way by allowing you to snap a picture of a receipt and then upload it to your account. The tool fills in the expense details, places the receipt next to the associated credit card account, and shares the data with your accounting program.

Social Media Management

Lyfe Marketing notes that social media has quickly become one of the most crucial tools small business owners and entrepreneurs use to promote their ventures. The only issue is, managing social media across several platforms can become time-consuming and exhausting. This is where Hootsuite comes to help.

​The app allows you to handle your LinkedIn, Twitter, Facebook, Foursquare, and other accounts through one dashboard. Hootsuite enables you to schedule and manage posts, tweets, and messages via the interface – it’s like having a professional social media manager working at all times. The tool also provides you with basic reporting abilities for free, with complex reports offered in exchange for a small sum.

The Bottom Line

Technology now helps small businesses and entrepreneurs maximize their time so they can be more productive and efficient. From handling their notes on the go to managing the payroll system and tracking business expenses, there are numerous ways to leverage small business technology.

 

 

The Rise Of Productivity As A Service In The Coworking Model

By | Business, Industry

Photo Credit: Getty 

In 2020, it briefly seemed like the stunning rise of coworking spaces would come to a crashing halt. Now, however, new coworking spaces and other shared office models are cropping up in every m Beyond Coworking: Physical Spaces Designed For Productivity

Before the pandemic, the noisy, close quarters and social energy of coworking spaces was an asset for some; for others, a drawback. 

To justify the overhead of a managed flexible office space, companies must ensure that a new space solves the pain points of WFH. Many coworking spaces, even with reduced capacity, still have the disruptions that professionals are seeking peace from.

For this reason, we may start to see coworking evolve from chatty social hubs to productivity destinations. The layout of this new type of coworking space might include:

• Private offices.

• Sound-masking technology and closed doors.

• Designated collaboration rooms to keep noise levels at a minimum.

The Burden Of Office Management

Throughout the pandemic, remote workers have acted as building managers of their own offices, securing office supplies, IT infrastructure and room bookings all on their own. Doing that takes a lot of time out of their day, and context switching hinders productivity

Another key advantage of choosing a coworking space, as opposed to a normal office lease, is that employees no longer have to handle the logistics of office life themselves. Shared office spaces can distinguish their offerings with amenities that teams can’t get at home, including:

• Front-desk service.

• Mail and shipping service.

• Onsite IT support.

• Access to a notary public.

The service component of coworking and other shared office spaces may be especially desirable to small companies that don’t have robust HR departments. This way, coming into the office means having to worry about nothing but the work that matters.

Plus, a dedicated office manager can regulate all of the other components of a work environment that are critical to productivity, like ventilation, lighting and air quality.

Professionals Need More Than A Desk And A Chair

As the commercial real estate industry keeps a close watch on the return-to-office debate, investors should stay tuned to “productivity as a service”: offices that make productivity a primary selling point, not just space or location.

Coworking spaces are likely here to stay, but the ones that will stand the test of time will be those that understand the needs of the modern worker. That is, an office where professionals have all their digital, privacy and logistical needs taken care of, so they can actually focus on their work.

major city. Demand is on the rise again as many professionals itch to get back to the office — just not the office they went to before the start of this pandemic. 

To provide value to professionals who have the flexibility to work from wherever they please, offices must have what most homes lack: quiet, privacy and amenities that support focused work. For many, the shoulder-to-shoulder environment of old coworking spaces won’t cut it anymore.

Here’s a look at what the new “productivity as a service” paradigm means for commercial real estate.

Employees May Be Productive At Home, But Their Work Environments Are Taking A Toll

By many accounts, workers became more productive while working from home. The National Bureau of Economic Research estimates an overall 5% productivity lift in the U.S. economy from remote work, especially among knowledge workers who enjoyed less time in meetings at home and more time on the tasks that matter.

So why return to the office at all? 

One central challenge of working from home is disruption, whether from child care responsibilities or faulty internet connections. Even if professionals are able to get their work done at home, they may not be doing so in an environment that’s consistent and sustainable. Even worse, it may be taking a toll on their long-term health and well-being.

Company decision-makers don’t want to sacrifice the productivity their teams have found at home entirely, but they still want to provide a secure work environment for those employees who don’t have one at home.

3.0: Hybrid office model becomes the new normal

By | Business, Industry

It is no longer about where employees are working, but about how they are working

RAMESH NAIR

The future workplace will not be binary. It will be a mixture of several workplace formats, with co-working riding growth in the new normal.

In the pre-pandemic era, if a certain A company was looking for a co-working space, the options were cookie-cutter workstations, with 50-60 sq. ft. of average space per desk. Now, imagine the same company A is exploring a hybrid space across locations. It can utilize the services of a co-working operator to find the perfect space in preferred locations and customize the workplace as per its needs. It is no longer about where employees are working, but about how they are working.

Co-working space grew strongly during 2017-2019 with its stock growing by 2.3 times in 2019 as compared to 2017. The share of co-working space in total leasing volume also rose from 6% in 2017 to 20% in 2019. However, during 2020, this pace of growth experienced a setback. Across the top operators’ portfolios, the median occupancy level was around 65% during 2020. Occupiers closed unprofitable centers and postponed and even cancelled some new leases.

Now, we are entering co-working 3.0. Mandates with occupiers will be the way to go, and speculative buildings are a thing of the past.

Operators will also look at newer business models ranging from management agreements, hybrid models (fixed plus revenue share) to franchise models.

Choice-based models to emerge

Many Fortune 500 companies are betting on expanding through co-working spaces. During H1 2021, IT-BPM drove the bulk of transactions with a 57% share in total leasing in co-working centers.

Why should larger enterprises look at co-working?

1. Greater flexibility in leasing2. Outsourcing of space delivery and management to a third-party

3. Capital-light deal structures

As a hybrid model of working takes shape, occupiers are looking at decentralized teams, work from (near) home, and the hub and spoke model. Co-working spaces will fill this gap and offer convenience to employees while offering a collaborative workspace. It will provide a tech-enabled, customized experiential workplace to enhance productivity and wellness.

Over the next few years, most landlords will have a co-working share in their portfolio. However, they will look to partner with operators with experience in operations and management.

Occupier experience is key

Occupier experience has become of utmost importance in this competitive environment. User experience will determine brand loyalty in this highly competitive segment. The inclusion of digital infrastructure and smart facilities will increase operational efficiency and overall asset value. Moreover, providing facilities related to health and wellness will retain occupier interest.

Operators are also coming up with innovative solutions such as single-day work passes, global location access and virtual offices. Some of the co-working space operators are also partnering with educational institutions and service companies to organize skill development and knowledge sharing programs for their occupiers.

Co-working mushrooming in Tier 2 – 3 cities

Initially, the growth of co-working spaces was limited to the top 6 cities. However, post-pandemic, operators are expanding into tier-II cities. Now we are seeing large enterprises setting up satellite and sales offices in smaller cities. Moreover, hyper-local delivery players are taking up small office spaces in multiple locations as they are expanding in smaller cities. We expect this trend to continue and demand from e-commerce and fintech to rise in the next two years. Many of these existing centres are currently operating at more than 70% occupancy levels.

Overall, the utilization of co-working is imminent for growth and brand differentiation. The latter half of 2021 is already seeing a change in the way co-working companies operate. As our workplaces undergo a change, co-working too will evolve and offer more value to users.

T

Featured Member – Roy Huddle

By | Business

Roy Huddle is our resident lawyer (and ping-pong enthusiast!) here at Business E Suites in Sugarland. Roy got his law degree from the University of Houston, and he might be the ONLY Family Law Attorney you will ever meet who is Pro-Marriage!

Before starting his practice, Roy dabbled as a real estate broker and worked on mortgage lending law. Anyone who knows Roy can tell you that those things were not his true passion. Roy lives to serve others, and although he can do that through any profession, family law is where he feels like he can truly use his strengths to impact people’s lives positively.

The way Roy works with his clients is fundamentally different than most family law attorneys. Roy is openly Christian, Pro-Marriage, and wants to help his clients heal their families and avoid divorces. This is what caused Roy to break off and start his own practice, to pursue what he feels is the right way to do things. When I asked Roy the most rewarding and most challenging times in his journey as an entrepreneur, both answers stemmed from this one big decision.

It was challenging because perhaps he made a move too quickly. Roy hadn’t learned all of the basic fundamental skills and in’s and out’s of family law. Even though he wanted to do things his own way, he could have benefitted from a little bit more time learning and absorbing the knowledge of other more experienced professionals.

In the end, though, it has been an enriching experience as Roy has helped multiple families stay together and grow and improve. It is something he might not have ever gotten to experience if he had stayed with his old job and followed the status quo. Having a job that aligns with your values and lets you positively impact the world is one of the most fulfilling things we can do.

Roy joined us at Business E Suites because he loved the sense of community in the office. It fits the type of environment of love and support that he wants to create within his own business. Also, as a lawyer, Roy needs to work long hours and sometimes late at night. Many other places did not offer the 24/7 access that he needed to get his work done correctly.

One piece of advice that Roy has for other business owners starting out: have a vision and pursue your ideals, but make sure to spend some time learning the industry before taking the leap on your own. He encourages everyone to try and find a mentor that can guide them on their journey.

We love having Roy here at Business E Suites, and we hope to continue building our vibrant community with more members like him.

Growth

Advice for the Aspiring Gig Guru

By | Business

Entrepreneurship is a more attainable goal than ever. Today, you can sell your products and services to an unlimited audience and, thanks to technology, have the option to work at home or on the go. Finding a place that is good for your productivity is as easy as connecting with Business E Suites. Whether you’re looking for privacy, a co-working space so you broaden networking opportunities, or meeting rooms for your entire team, they have solutions. Call 281-862-3150 to learn more.

 

First, take a look at the “sharing economy” and a few tips on how to grow your budding business — as well as three mistakes that can squash your success.

 

The world is your marketplace but not everyone is your customer

 

Even though you have access to a bottomless people pool, your actual customer base will be small by comparison. But, even a small group of buyers can render a lucrative career if you learn how to define your target market appropriately. You must choose a specific demographic considering factors such as age, income and occupation. For instance, if you specialize in designer wedding cakes that cost $500 or more, you will need to target couples with a sizable disposable income.

 

Grab your first gig and get started

 

Just like riding a bike, becoming a small business owner requires a first few wobbly attempts at perfection. Before you dive in, it’s a good idea to work a few side gigs to help you weed out any imperfections in your processes. Social media lends itself well to marketing yourself so you can get that first vital project — without dipping far into your budget.

 

Slow and steady wins the race

 

In Aesop’s The Tortoise and the Hare, there was an unlikely winner – the tortoise – who beat his adversary not by being the fastest, loudest competitor, but the one with the most drive and determination. The tortoise kept moving at a steady pace and, when the hare was comfortable enough to let his guard down, became victorious. Business is no different. If you want to succeed, you will need to keep your eye on the prize and work toward success. You may be the best at what you do, but if you take on too much or fail to consider the competition, you are doomed to come in last.

 

Considering the fact that 20 percent of all businesses fail within the first year and more than one-third by the end of year two, the odds may seem stacked against you. But there are a few things you can do to stack the proverbial deck in your favor. Start by avoiding three of the most common mistakes made by new entrepreneurs, especially those who choose to work from home as an independent contractor or small business owner.

 

  1. Money mismanagement. Cash flow problems account for 82 percent of small business failures, according to Preferred CFO. These financial issues all come down to mismanaged funds. Avoid the temptation to use your newfound financial freedom to invest in yourself. Instead, funnel money into your entrepreneurial endeavor and learn how to price your product or service competitively. Do this for at least one year. Also ensure that you handle concerns like payroll properly; it’s all too easy to miss tax deadlines or not have the right amounts set aside to pay Uncle Sam. Fortunately, you can use a payroll app like Quickbooks to simplify concerns like withholding, direct deposit and tax deadlines. Assemble the right tools for keeping your books on track right from the start.

 

  1. Poor working conditions. Your home office can be an asset or liability. On one hand, you have the freedom to work your own hours; on the other, you may have problems separating your working life from your personal life. Make sure you have the right equipment and set specific office hours for yourself. If you’ve never worked independently, you’ll also need to learn how to navigate distractions such as the refrigerator, social media and the laundry. Scott & Sons notes that something as simple as cleaning off your desk can go a long way toward boosting your productivity.

 

  1. Hiring the wrong help. If you haven’t already and your business is growing, you will, eventually, need to take on employees. This is not a decision to be entered into lightly. While you might want to give your friends and family jobs, they may not be the right people for your business. Your employees are the face of your company whether you plan to stay local or go global. Choose them with care and based on experience, personality, and dedication to you and your business.

 

No one can guarantee your entrepreneurial achievements. But, if you focus on steady growth, financial responsibility and give yourself the tools you need to succeed, you’ll have a better chance at standing out from the crowd and becoming a samurai of the sharing economy.

 

Image via Pixabay