Small Business, Small Investments – Diversifying For a Fast Return

Being the owner of a small business you want an investment that is going to produce a speedy and secure turn around. Unlike big corporations that have money to play with, you work hard for your capital and you don’t want to throw it away on a whim. Let’s begin with 5000 dollars, you want this money to triple and you want it to do so fast, there is a simple way to achieve this goal.

One of the best options for small business owners is to take the 5000 dollars and divide it up into five separate investment. One of the scariest things as a small business owner is trying to decide what basket to put all your eggs into. It is a lot easier to double smaller investments, than it is a big one. Take the time and do the research and you will find the investments that are right for you

If you like to play it smart with your money, than investing in five smaller opportunities as opposed to one larger one will make your investing process a lot less stressful. When you choose to invest you are playing the odds and there is never a guarantee that you are going to win, however five chances to hit return gold is a lot better odds than throwing your chips all out on the table.

The more money that you have coming into your small business the more opportunities that are going to present themselves to you. Just remember to do your research, check out your options, and never place all of your cash on one deal.

Tips For Setting Up A Business: Small Business Phone Plans And More

When starting a small business, so many aspects must be considered. From deciding on the actual location of the office, how to furnish your new setting, small business phone plans, and more, an owner can easily get overwhelmed. Understanding the benefits and drawbacks of various options can make this important time less stressful.

What Type Of Office Is Best For You?

One option when starting a new company is to rent an all-in-one office. These suites are move-in ready, with furniture, internet connections, office phone systems, filing cabinets, and even receptionists all in place before the renter moves in. Many of these landlords can have a location ready for a tenant within two month of signing a lease. These all-in-one turnkey offices aren’t a new concept. In fact, this type of suite became especially well known in the late 1990s, resulting from high-tech start-ups looking for reduced overhead costs and less of a commitment instead of the conventional office space. When the economy settled down, many entrepreneurs were forced to go back to short-term subleased offices. However, now that subleases have become very difficult to find, many fledgling companies have been once again drawn to the all-in-one suites.

The benefits go beyond cost savings, since these suites in a multi-tenant building can offer a built-in network of fellow entrepreneurs. Some of these tenants even land clients because a neighboring tenant refers customers to them. In addition, having a credible address proves to be vital to success. For those who have employees who telecommute or work flexible schedules, all-in-one office suites provide longer-term solutions. They are also a great alternative for upcoming companies considering the option of expanding nationally, since logistical headaches are eliminated. On the other hand, not being able to customize the office space is a downfall of shared suites.

Choosing Office Phone Systems

While plans are numerous, picking the best one is vital to the success of a new company. KSU-less systems work well for companies with less than 10 employees. These offer a few advanced features and are programmable and portable. KSU-less systems, however, should not be used for organizations that plan on growing. Slightly bigger companies with 10 to 40 staff members could possibly benefit from key systems. These services provide what organizations typically need while keeping operating costs manageable for a smaller budget. Typically costing a lot less than other office phone systems, small business phone plans that utilize internet lines stay away from traditional lines as they send and receive telephone communications. Usually portable and not requiring the purchase of specialized devices, these forms of services function very well for large companies. Small business phone plans running through internet lines eliminate long-distance charges and offer many features not available through traditional lines.

Understand Terms Of A Lease Before Signing

Prior to signing a lease for small business phone plans or any other equipment, make sure to consider the two types of leases, and which one is best for a particular company. Finance leases, known as capital leases or conditional sales, function well for organizations that want to keep the equipment after the lease ends. The primary benefit to this type of lease is that it provides the ability to purchase the equipment for a nominal fee, even as low as $1 in some cases. On the other hand, a true lease, or tax lease as it’s sometimes called, does not cover the full value of the equipment. When the lease is up, the manager can either walk away from the equipment or buy it at fair market value. Before agreeing to any lease, be sure to ask an account about the tax exemptions that various forms of equipment leases offer.

Select Appropriate Furniture

Along with small business phone plans, a new owner must decide on the ideal furniture for his venture. Furniture that gives comfort throughout the day is ideal, since it will be utilized for many hours each day by many employees. On the contrary, furniture that is too comfortable can indeed decrease productivity. Finding a middle ground will produce the right support for staff members while not being so cozy that they fall asleep. Ergonomically correct work stations are vital for staff who will be working long hours doing the same repetitious work day after day. Consider buying keyboards and special mice which are particularly designed to help reduce injuries. Clients should also be considered when looking at furniture. It should appear professional without being too luxurious or expensive.

5 Quick Productivity Tips for the Busy Small Business Owner

Here are 5 tried and tested productivity tips that every small business owner needs to follow…

1. Use technology to manage your time, tasks and appointments
A lot of advancements have been made in technology that helps people, organize their daily schedules, remind you about appointments and also helps to chart out your day. In fact, you don’t have to carry around any calendars or paper organizers; you can schedule the appointments on your smartphone, and it will send you reminders. For example, cloud-based applications allow users to store their data and programs on a virtual platform which you can access from anywhere. With this technology, you can check your schedules and tasks without having to open your laptop or PC.

2. Don’t Multi-task
Multi-tasking was once considered a very resourceful quality. But what a lot of business owners don’t realize is that multi-tasking does not deliver quality. When you handle too many tasks at a time, you are bound to leave room for errors, and this hampers the result. Multi-tasking also leads to a drop in focus, increased stress-levels and inability to meet business goals. Focussing on one job at a time is s sensible way to enhance productivity. You will remain more focused and relaxed and have a better job satisfaction. You can use advanced apps and software to organize tasks and finish each task with finesse and on time. This is applicable not only to the owner but can help employees also to deliver their best performance.

3. Keep a clutter-free workspace
Cluttered space does not promote productivity. The work areas have to be neat and tidy at all times. Office cluttering usually occurs due to the presence of too many files, documents, papers, etc. The second you walk into your office and see so many papers lying around, the mind shuts down. Maintaining a clutter-free and clean work space is necessary to create a pleasant atmosphere at the office. The use of online software to store data is an excellent way to avoid cluttering in the office.

4. Get a virtual assistant
Virtual assistants provide service from a distance, maybe from their home or another office. You need to pay them only for the services they perform; it is something like freelancing work. You can designate not-so-important tasks like proofreading, doing paperwork, making schedules, writing a press release, articles, blogs, etc. to them. So your work gets done and you can use your time to attend to more crucial work. There are numerous other services also that they can perform which can save you lots of time. Getting a virtual assistant will help you meet the business goals more effectively and efficiently.

5. Take a break
This is necessary for every individual. Business owners need to be creative and should possess quick decision-making skills, but when you subject yourself to continuous work every day, these qualities start to deteriorate. Setting aside 15 minutes every day to meditate helps to revive and freshen up the mind. When you have a sound and peaceful mind, the productivity also improves.