Some markets are moving quickly to optimize expenses while increasing revenue even in a down economy.
Regardless of your business the movers and shakers are those who’ve figured out how to provide less expensive service to corporations are the ones flourishing now.
The Wall Street Journal quotes best selling author Paul Edwards as saying, “Virtual assistants provide services ranging from administrative support to consulting via e-mail, fax and phone.”
The article continues recommending several books for getting started, including Virtual Assistant – The Series by Diana Ennen and Kelly Poelker.
Sometimes the words “start-up,” “entrepreneur” and “small business” can conjure images of fledgling dreamers setting up shop in their apartments, struggling to pay student loans while launching their big ideas.
Of course, the reality is much broader and deeper than that image. Today’s entrepreneurs come in all ages, shapes and stages of experience. Many who are starting up new ventures are winding down other successful careers, drawing upon their C-Suites knowledge to try different enterprises.
These days we marvel about how technology has torn down barriers to global business. Of course, the first hints of a global economy hearken back to early exploration accomplished by adventurous, curious (and often opportunistic) souls traversing worldly waters by ship. Many moons later, we figured out things like international air travel, telephone communications and so on. Then that aforementioned technology started really kicking in—computers, the Internet, mobile devices, and the game altered dramatically.
Thanks to all that progress and innovation, we now work in business world ready for global interconnectivity. In person or online, we can ‘be there’ at any time, at any point, anywhere.
When it comes to deciding what to do about physical office space, many business owners have it simple. If there are no funds for down payments or monthly mortgage expenditures, purchasing is immediately out as an option. Likewise, if a business’s workforce is geographically scattered in order to nurture regional opportunities, there’s often no logic in investing in real estate for a large company headquarters. Then the debate is often what and where to lease, if at all.
Yet of course, some businesses still function in the hamster wheel approach, in which space is considered a must, and everybody runs in forward circles trying to earn enough to keep a weighty operational budget funded. All too often for such companies, the walls of their financially burdensome office spaces start to confine companies. When the going gets tough for the business, it’s hard to maintain the space, let alone salaries.
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