4 Things to Check When Choosing Your New Business Location

You are getting ready to expand into a new business location. This is an exciting time for your company because it means you are finally entering the first major step in your company’s growth stage. Hopefully, if everything works out the way you planned, you will be pulling in twice the revenue and possibly more before the year is finished. However, there are a few things you still need to check out before choosing a new business location.

Traffic

When moving to a new location, the amount of traffic, both vehicles and foot traffic, is going to help determine how much business you will be doing. If the location you are looking at has low rates of traffic, this can become restrictive to your ability to generate sufficient revenue. By positioning yourself in a high traffic area, you will increase your opportunities for attracting customers to your new location.

Local Codes

Before you sign that lease, you need to know if something about how you do business will be in violation with local codes and city ordinances. Usually, you can obtain this information directly from the county building or government center for the county in which your business resides. This is important to check because you do not want any surprises sneaking up on you that could cause unnecessary financial strain on your business.

Building Maintenance and Repair

If you are buying the building you intend to expand into, then you should expect that there will be a few building maintenance and repair costs associated with moving into a new location. This is why you should be ready to work with an experienced company such as Drey Roofing who can manage any commercial building repairs, such as a new roof, for example, that may require a lot of work.

Your Parking Lot

In order to accommodate high enough customer or client volume, you will need to have adequate parking for employees and those frequenting your business. Not only should you make sure the parking lot is big enough, but it should be repainted too. Nothing gives a new location a fresh look like a parking lot that looks fantastic and has adequate parking.

Conclusion

You are about ready to open your new location. Since you did all your homework before making the big move, everything went smoothly as planned. Now it is time to open the doors for business and provide your company’s much-needed products and services to your local community.

Office Remodel: How to Keep Your Employees Accommodated during Major Renovations

While your office is being renovated there are a number of challenges that can pop up unexpectedly. Aside from the typical contractor and construction issues, it is likely that your employees will have some of their own issues from the noise, dust, parking issues, and other problems that come with a construction project on this scale. Luckily, there are a few different strategies one can use in order to minimize this issue. In the following guide, we will examine some ways to keep your employees accommodated during major renovations.

Determine Parking

Often times one of the biggest inconveniences for employees during an office remodel is the parking situation. Many office buildings are located in busy areas of town and already have issues with parking. Taking away even a small percentage of dedicated spots can cause havoc with on-time arrivals, towed cars, and many other snafus that are bound to come up. This may also help with your business insurance- employee cars that have to be parked off property tend to raise insurance rates.

Set up a parking plan before your remodel begins so that your employees will have a clear understanding of where to park. If you are in a busy urban area, try and speak with nearby businesses to reach some kind of arrangement where your employees can park there temporarily. An ounce of prevention in this situation is worth even more than a pound of cure.

Bathroom Replacements

If your remodel is in your bathroom facilities or will be blocking access it is incredibly important that you set up alternative restroom facilities for your employees. Not only is it the right thing to do- it is the law. There are two ways that you can arrange for your employees to have access to restrooms during work hours.

The first is to hire a portable toilet company like Direct Hire. An organization like this can provide for all of your bathroom needs and washing. These services will travel to your location- no construction on your end involved at all. You also have the option of making a deal with a local business and using their facilities if need be.

An office renovation does not have to be a horrible experience for everyone involved. Similar to other problems in life, it can be avoided or lessened with some planning. Use the information and tips we went over in this article in order to keep your employees accommodated during an office renovation.

Guest author, Lizzie Weakley is a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. In her free time, she enjoys the outdoors and long walks in the park with her 3-year-old husky Snowball.  @LizzieWeakley

Some Of The Best Ways To Protect Your Business Financially

It’s no great secret that if you want to run a business while and for the long term, you need to make sure that you are protecting it financially as well as you possibly can. Of Course, it can be difficult to do this if you are not sure exactly how, and the truth is that it often takes a prior knowledge, or plenty of research, to ensure that you have a good grasp of what you really need to do. In this article, we are going to take a look at just a few of the things you can do to ensure that you are protecting your business financially as well as you possibly can, and that is something which you should always aim for in the life of any business.

Insurance

You might well have been aware of the fact that insurance can be helpful for a business, but it is almost certain that you haven’t thought of every kind of insurance which might benefit you and your company. There are a number of different kinds of insurance, in fact, which you can think of trying out, and you will find that the more protected you are in this way, the safer you feel on the whole, so it’s worth looking at. Having insurance for your building, contents and everything else of that sort is vital, but you should also think about insuring against potential future losses too. Having Professional Indemnity Insurance – Qdos Contractor or otherwise – can help you to protect your own finances if you are at the receiving end of a claim in which it is claimed you have caused a customer financial loss. Preparing for these kinds of situations is invaluable, and something that you should be aiming to do as early on as possible.

Legality

One of the biggest ways that companies need to pay out is by getting in trouble legally in some manner or another. So in general you will find that it is financially sensible to make sure that you stay out of trouble with the law, and that you don’t do anything which could cause you to have to pay out large amounts. This is easier said than done, and in fact many businesses accidentally get in trouble with the law. But having a legal advisor can be a great way to get around this, as can ensuring that your tax accountant is happy with what you are doing. These preventative measures will ultimately mean that you are much less likely to be in financial trouble in the future, so it’s clearly definitely worth it.

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Assets

You must know your assets if you are to protect your business financially, as knowing where the actual money lies ensures that you can do something about it when you are in a position of struggling. If you don’t really know your assets, you might want to think about looking into whether or not you can list them, as this will ensure that you are in a better financial position overall anyway.

Ways Almost Every Business Owner Can Save Money

If you were to take a close look at just about any business, you would probably find ways that the business could save a ton of money. Businesses both big and small should be concerned with saving money. Even if you have a steady flow of cash coming in, you never know when you might go through a dry spell. Plus, the money you could be saving in certain areas could be put to better use in other areas. It makes sense to look at the places you can save money and then work towards them.

Here are some pointers that just about every business owner can use to save money:

Becoming More Eco Friendly

Becoming a more eco friendly business reduces the impact you have on the environment, and makes you more attractive to clients who are concerned with making the environment a better place, too. You’ll also save a lot of money, even if you take baby steps to making your business more eco friendly. Here are some ideas you can use to begin working towards a more eco friendly business right now:

  • Cut back on paper before going completely paperless
  • Buy from eco friendly, sustainable companies. You can get recycled paper and ink, for example.
  • Only use sustainable product packaging
  • Swap your light bulbs for more eco friendly light bulbs
  • Use more natural light rather than artificial light
  • Ensure everything is switched off before leaving the workplace at night

The above are just a few suggestions that will help you to become a more sustainable business.

Getting Rid Of Dead Weight

It might seem harsh, but you may have some dead weight in your business that you need to let go of before you can save money and move forward. Of course you should give people a chance to improve (plus this is what the law will state in most places), but if you have meetings and give written warnings and nothing improves, you may have to let employees go. Finding employees that are engaged and passionate about the work is important, but remember that your own leadership skills make a big difference too.

Creating Better Relationships With Suppliers

Creating better relationships with your suppliers is always a great way to save money. Whether you need cone bottom tanks for your warehouse or you’re looking for companies to provide you with stock to re-sell, creating relationships is the best way to save money.

Making Virtual/Temporary Hires

You don’t always need to hire a brand new employee when you have a lot of work on. Virtual and temporary hires can be just as effective, less expensive, and you have fewer responsibilities with them.

Allow Workers To Work From Home

Have you considered allowing employees to work from home every now and again? Not only is this more eco friendly, as you aren’t powering a whole office or getting your employees to drive into work, you’re going to save money on your overheads and other costs associated with working. It could even be a bonus for employees and make them more loyal to you.

4 Ways to Stop Your Business from Negatively Impacting the Environment

Becoming more environmentally friendly is something that more businesses are considering. Taking these steps will help to reduce the amount of waste and the impact to the Earth. Here are some of the ways that your business can change their practices to become more environmentally conscious.

Invest in Recycling Programs

Recycling is an important step that your business can take to stop your impact to the environment. Many things that are utilized each day can be recycled instead of going into a landfill. Electronics are becoming easier to recycle in many communities. Some buyback programs are even offered because of the value of the metals. Another thing to consider is purchasing recycled materials. Being more environmentally conscious in the workplace can make your employees see the benefits for their homes.

Reduce Your Energy Consumption

Turning lights off that aren’t in use is a big cost saving measure for businesses. Another one that you may not have given much thought was the HVAC usage. You can reduce your businesses usage by investing in a more energy efficient roofing system. For example, foam roofing provides more insulative qualities than a typical roof. This can be especially beneficial if you live in an extremely warm or cold climate. You can increase your overall energy efficiency by reducing your greatest area of waste.

Look Into Green Scaping

Water runoff can present problems for the environment. Erosion and other issues can occur when large parking lots lack the proper drainage system. Green scaping or soft scaping can help with this issue. Add catch basins for the runoff from your parking area to help with erosion. Invest in landscaping that is more tolerant of your climate. You want to limit the amount of water that is used to keep it in good condition.

Create an Action Committee

Another thing that you might want to consider is creating an environmental action committee. This committee can keep up on the latest trends in how businesses can help the environment. Some of their solutions may even be able to save your business a little bit of money. There are always new gadgets and technology that appear on the market. If you’re unaware of these things, you may not be helping the environment as much as you could.

Businesses have a social and ethical responsibility to do their part to help the environment. You can set a good example for your employees by taking these actions in reducing your carbon footprint.

Guest author Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake.

Flex time: The work perk employees can’t get enough of

There are all sorts of things you want more of at work. You might want more pay (of course!) and maybe more experience. Maybe you even want more chances to manage others and move your way up in the company. But we’re diverse in what we want—most of the time. The one thing that many of us are not diverse in in wanting? Flex time. Turns out the majority of us just want it, period. We want to be able to set hours that aren’t standard 9 to 5. We want to be able to work at home, maybe. And we want the freedom to have work-life balance if it’s important to us.

 While the desire for flex time is more important to more employees, then the reasons are diverse. Some people don’t enjoy the politics that seem to come with an office culture. Some simply don’t like their commute. What else? This graphic gives some thoughts.

 

Starting a Product-Based Business? How to Save Money on Shipping Costs

If you’ve got products you need to ship, you can save a lot of money by doing things the right way. Shipping can be one of the biggest costs of your business so learn how to save money shipping things.

Calculate it Right

Make sure you always calculate the shipping price right. Make sure you charge your customers the right price for shipping so you can get an accurate idea of what you need to ship things the right way. Never offer free shipping unless you’re absolutely sure you won’t lose money on it.

Ship it Yourself

If you think about used trucks from places like Arrow Truck Sales, you can actually save money on shipping. If you have a big business and are selling a lot of products, it might make more sense to ship the products yourself and then have them go to a distribution center. This may not be the best idea for very small companies, but purchasing a used truck can really make a huge difference for the growth of your business.

Consider Shipping Services

There are many shipping services that might help you. Things like Fulfillment by Amazon may help you save money on shipping. You’ll have to pay to ship your products to the center, of course, but you can save money shipping it to your customers. If you’re selling on a platform, always find out if they offer fulfillment services. This is usually the easiest way for you to save money on shipping costs so you can make sure you’re doing everything the right way and doing things that make it easier on your business.

Compare the Prices of Shipping

Always compare the costs of shipping with different companies if you plan on using a shipping company to get your goods out. If you’re going to help people see the things you have and if you’re going to ship directly to everyone, you need to compare your costs. Choose the company that not only has the lowest price but also has the best service for you to try and use.

There are many ways you can get your products to your customers. Think of all the different ways and don’t be afraid to get creative with the ideas for shipping. Always consider all your options and think about combining some of them to help yourself get more from the options you have. It’ll help you treat your customers better while also growing your business.