Looking Big-Time With A Small Business
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by: robertboswell
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Word Count: 370
Date: Thu, 3 Mar 2011 Time: 7:30 PM
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For small businesses in search of clients, first impressions mean everything. So when a home-based fiscal planner wants to startle a millionaire CEO, discussing stocks at the coffee shop just won't do it. Problem is, an one-man shop wont be able to afford a well-appointed office at a prestigious business location.
As National Small Business Week sees the more than 25 million entrepreneurs who establish the backbone of the U.S. economy, it's ironic that high-priced commercial real estate keeps many of them from understanding their potential. But the rules are changing.
Here are three ways a rising number of creative entrepreneurs are leaving the coffee shop, and still keeping in the black.
1. Outsourced Offices: Fully furnished, ready-to-use office space has become the appropriate answer for small-business owners who require a professional location to branch out and get serious, even if it's on a part-time basis. With the business center supplying everything from furniture to IT support and an assistant, start-up costs are minimal. And since the terms are on a monthly or daily basis, there's no danger of getting stuck in a long-term loan. Small-business owners can create their own office plan that meets their specific needs.
2. Facilities that Fit: What about small-business owners who already have an office but cannot manage the professional facilities fee that huge companies take for granted? "A recruiting specialist who needs to conduct interviews across the country can skip the plane ride and book a videoconferencing room," said Dixon. Similarly, advisors and trainers can have sessions in fully stocked conference rooms reserved by the hour or the day.
3. Permission Anywhere: The technical revolution has constructed lots of mobile professionals whose offices are hotel rooms and airports. But even the most gadget-heavy road warriors can hope for a real desk, a desk phone and a secretary. From Hoboken to Hong Kong, some outsourced office providers have worldwide locations, so business nomads repeatedly have a productive place to plug in and talk with clients.
While the costs of long-term leases once kept small businesses seem small-time, today's entrepreneurs are utilizing creative office techniques to stake their claim alongside the biggest players in their industries.
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