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Quick Guide to Business Plan Writing

If you don’t know exactly what business planning is and you are looking for a way to understand more about the world of business, this quick guide will introduce you to the one thing most wannabe entrepreneurs don’t do right: the business plan document. There are people who think it’s just a piece of paper, others who think it’s the only important part of your business. Well, it’s not like that. A good business plan is necessary but not sufficient to guarantee success in your business. This guide will help you write a good one.

Executive Summary

Simply put, the first section is an overview of the most important parts of your business. This part of the business plan is like the incipit of a book and needs to “hook” the reader and make him/her want to know more. A good b.p. in fact is not only informative but also appealing.

Company Description

This is the section where you talk about the company statement, legal issues and the industry you are going to work in. Information and “sale” mix also in this part of the business plan.

Products & Services

Without them, you are not an entrepreneur and you do not have a company. What are you offering the world? It could be something you can touch or “package”, like a product, or something you do directly or through your employees for your customers, i.e. a service. In the Products & Services section of your business plan you also describe pricing strategy, delivery, research & development, production.

Marketing & Sales

You provide value, but how do people know about it? Your business plan must state clearly who you are going to market to (who’s your ideal customer?), who are your competitors and how you will beat them, daily/monthly promotion activities and everything related to the sales process.

Operations & Management

In this part of the plan you will deal with the operations which are part of your business (the most common are risk assessment, milestones, location) and also define the exact management structures: the team, the organizational chart, key job descriptions and so on.

Financials

The game of business needs money. The most important part of your business plan is the one where you convince that it is financially sustainable in the long-term. What will the cashflow be? What about break-even analysis and financing? Be detailed and honest and understand the whole financial picture of your wannabe company.

Extras

Sometimes, additional features are included, for example:

  • SWOT analysis: Strengths, Weaknesses, Opportunities and Threats of the competitors’ landscape
  • Glossary: Help non experts speak the industry jargon
  • Graphic elements: Make your presentation stand out!

What is the section you find the most difficult to deal with?

Featured images:
  •  License: Image author owned

Target Accounting provides expert London business accountants.

 

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Why Big Leaders need to have Small Egos

christLeaders are very important to the success of a business, as they are the ones who inspire others, drive movement forward and provide the company with a goal. However, a leader with a larger than life ego can actually be a detriment to a company, holding it back and causing problems rather than encouraging success.

There is a huge difference between ego and confidence. Self-confidence is an essential trait in a strong leader as they need to be able to believe in themselves and confidently stride towards their dreams. Rather than the calm self-assuredness that confidence brings, a big ego manifests itself in pride, boastfulness, self-centeredness and an inability to admit when one is wrong.

Here are a few reasons why having a big ego is not a very good trait in a successful leader.

Leaders Need to Be Able to Admit When they are Wrong

Even though they might be put in charge because they have the most education or experience, leaders are not always right. In fact, sometimes they can make big mistakes, totally misjudge situations or get things completely wrong. This is nothing to be ashamed about, after all everyone is human and will make a mistake once in a while.

However, sometimes big leaders are afraid to admit that they have got it wrong. They are so unwilling to show any weaknesses that they will follow through with things even though all signs are indicating that they have got it wrong. They will lead their company towards disaster while pretending that they are doing the right thing, rather than admitting their blunder and asking for help.

A good leader should never let their own ego get in the way of realising when they are making a mistake. A confident leader is never afraid of confessing to a mistake and taking a new approach and if this is done with grace it will make your employees respect you even more.

Leaders Need to Be Able To Let the Achievements of Others Shine

Another trait of someone with a big ego is that they are quick to snap up all the credit when it comes to the group’s accomplishments. You’ve probably seen it before, the team leader whose team puts in plenty of effort to achieve something and then when it comes time to receive accolades, he speaks like he did all of the work himself. These are also the types of people who are likely to choose team members who are less competent than themselves because their primary motivation is making themselves look good. In the thinking of an egotistical person, another person’s success means that they have failed so they will feel better about themselves when others achieve and earn less.

A great leader needs to be able to step out of the spotlight and be gratified by the achievements of others. They must realise that they cannot accomplish or control everything, so they need to invest in fantastic team members and value their contribution to the organisation. Good leaders will know how to let another employee shine.

Leaders Need to Be Able to Unite Rather Than Divide

One of the most important roles of a leader is to be able to make each and every person working with them feel like they are valued and appreciated. They need to create a positive and optimistic working environment which makes employees feel engaged and motivated.

Unfortunately, a leader with a big ego will be too focused on themselves to make this happen. The people working with them will become increasingly fed up with their egotistical behaviour and will not be inspired to do their best. They might even cause conflict in the workplace, which further distracts people from doing a good job at work.

Instead of a big leader with an even bigger ego, it is better to have someone who does not deny reality even when it is negative and is able to admit their own mistakes. They will be able to help people get through difficult times, let the achievements of others shine and encourage everyone that they work with to put their best performance in.  You will be amazed at the different that a calm and confident leader without a big ego can make on your organisation.

Having a big ego can really get in the way of providing excellent leadership and here are some of the reasons why. To find out more about our leadership programs, visit Cirrus today.

 

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Building Strong Teams in the Workplace

49ersIn a team-oriented environment, workers contribute to the overall success of the organization. They work with fellow members of the organization to produce these results. Even though they have a specific job function and belong to a specific department, people on a team are unified with other organization members to accomplish big picture objectives.

There are a lot of people in business who want their employees to work wholeheartedly together as a team, but struggle with team building execution. Trying to have people come together as a group with a common goal and strive to achieve it can be very challenging. Team building is not as easy as you think, and the workers we manage are sometime not as apt to join and collaborate with a team as we would hope.

Benefits of Teamwork

We all inherently understand the benefits of teamwork. A group of skilled individuals putting all their brainpower together to work for an innovative and quick solution to a problem is excellent. The sum of the whole is greater than the individual parts.

When the workload is shared throughout the group, dealing with pressure and stress is much easier for everyone, usually making the final product much better than if if was done individually. I’ve learned in business that if you want to get something done on time put together a crack team of motivated people to take it down.

Teamwork is not always easy

Teamwork is not always easy to implement. Sure the benefits of teamwork can easily be explained, but actually making it work within a group is much different. From an early age we were set on the path of individualism. Think about going to school, you did not go through school as a group. You participated in school with peers, however you worked individually to achieve your test scores.

Of course many of us participated in team sports or group projects in classes, but the majority of our social experience through our childhood and young adulthood was all centered around being an individual. When we shift from school into the workplace, and employers want to implement a strong culture of teamwork and collaboration in the workplace, it’s hard for people to adjust to the new collaborative style.

Japan‘s Stark Teamwork Contrast

Japan is an example of a culture which socializes it’s individuals to be more of a cohesive team rather than a lone individual. There are many metaphors which explain the Japanese mindset of community and teamwork but one that sticks out is the weak link in the chain metaphor. I had a Japanese Businessmen explain this to me some time ago.

He told me that his company, and more specifically the group within his company that he was a part of, was like a chain. Together they were strong and could weather any storm, but if there was a defect in the chain then the whole apparatus became worthless. Everyone worked hard to not be that weak link.

Upon completion of college, when the Japanese worker is introduced to a company, they are completely indoctrinated as a member of the company. They actually go to an extended boot camp to learn everything about the company and officially become a member. This process further builds on the teamwork mindset that is so special in Japan.

The only western groups that I can associate the same mentality with is the military. The military goes to boot camp together and is completely engrossed and indoctrinated as a member of a larger whole. Japanese workers also go to a quasi Boot Camp to endure the same type of mental and physical indoctrination for the sake of their prospective company.

In the west, we don’t do anything of the sort. When is the last time you sent your new hires to a four-week intensive boot camp to learn the ins and outs of your company? Sure we may send our employees to a weekend team building seminar, but that’s nothing like the team building training courses for joining a Japanese corporation.

I’m trying to illustrate, with this example, that teamwork is not an inherently God given trade. It’s a learned behavior that we can teach employees of the company to exemplify. We may not go to the extent of military or Japanese-style boot camp, but we can take away some strategies to make our teams better.

Teamwork Success

Regardless of how individualistic and nonconformist our mentality is we can still build great teams in our companies. Every team needs a leader. The duties and expectations of the team also need to be clearly defined. Everyone’s going to have different and unique talents, and they should be utilized to the fullest extent for the betterment of the team. Communication must be open and honest.

The most important aspect of achieving great teamwork success in my humble opinion, is withholding judgment of the teams performance until after the project is completed. If a team wins the NBA championships with a buzzer beater shot they still win right? It’s not right to write them off as losers 10 seconds before the game is over just because they are a few points down. On the same token, don’t write your team off before the buzzer ends just because everything isn’t going perfectly.

Team members deserve regular and honest positive reinforcement. When they achieve success they deserve rewards. Rewarding team members for effectively managing their tasks and going above and beyond what’s expected is a good habit to practice. It also cultivates a culture of teamwork within the organization.

About the Author: Robert Cordray is a freelance writer and expert in business and finances. He has received many accolades for his work in teaching methods of reducing employee turnover.

 

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Welcome To Narnia? Easier Ways to Create Space for Your Business

empty-business-spaceWith overheads high and businesses seeking to save money on any and all fronts, the idea of installing a complete additional country in the Facilities Management cupboard may seem like an attractive concept. However the options for businesses needing to expand are somewhat limited. Moving premises is all very well, but the cost, inconvenience and disruption to the actual day to day running of the firm make it impractical in many cases. However, installing a mezzanine floor can offer considerable advantages without the inconvenience of removal expenses – or goblins, witches and great big annoying lions messing around with the photocopier. A mezzanine floor is normally a semi-permanent additional floor, which in a commercial or retail setting can be used for extending the floor space of a building for a number of purposes.

Double Capacity, Half the Hassle

Retail businesses have faced some challenging times recently with a number of famous High Street names going online or, failing that, into administration. For those that have bravely remained on the High Street itself, the likelihood of upgrading to newer bigger premises is pretty remote. A mezzanine floor can offer additional retail space, without the costs associated with a move or the danger of losing customers during a change of address. Existing space can be freed up, or new areas for retail developed, allowing you to expand or add to your range of goods.

In industrial premises, or warehousing premises, a mezzanine floor is one of the most commonly used tricks to keep rental low and maximise the use of space. At a tiny percentage of the cost of moving, a mezzanine can be installed quickly. Most mezzanine floor suppliers and installers offer systems that can be installed at high speed, minimising the disruption to your business activities. By their nature a mezzanine is normally self-supporting and does not require large, disruptive and inconvenient levels of structural alteration.

For mixed use premises where an office space needs to be extended (or even created) a mezzanine offers the perfect solution. For a rapidly growing firm, which does not want to risk the additional outlay on new premises, a mezzanine can again offer a quick turn around on a doubling of space. This can make your existing office space far more flexible, allowing for expansion in staff numbers during seasonal peaks in business.

Low Cost Conversions

In most cases a mezzanine floor will be designed for your building – making it a highly tailored solution. Mezzanine floor suppliers can create a range of standard sized sections which can be used to create a bespoke solution for your specific building and to suit the use of the new floor. In terms of planning regulations there are no requirements when it comes to fitting a new mezzanine structure, but compliance with Building Regulations (and in some cases fire regulations) will be necessary. Again, these factors can normally be dealt with by mezzanine floor suppliers and where building and fire regulations need to be met suppliers will normally have an off-the-shelf solution to hand. In terms of costs most suppliers will offer a range of options, but the price is rarely above £120 per square meter. In general, industry experts suggest that the cost of a mezzanine is around 80 per cent cheaper than moving premises and this doesn’t take into consideration the associated disruption and potential loss of business on the way.

You can’t take it with you

Fair point, if we’re talking about your worldly wealth on that last great journey. However, when it comes to moving business premises it’s possible that you could take your mezzanine with you. The mostly likely bar to this easy option is simply that your mezzanine is likely to be designed with your existing premises in mind. A bespoke design for your mezzanine will mean that it may not fit easily into the new premises, but if you’ve planned carefully then there’s no reason why you couldn’t take your additional space with you. The cost of moving the structure may seem expensive, but as with the original installation, it could well be cheaper than buying or renting the extra space.

For expanding businesses the inconvenience of moving premises can often be removed by installing a mezzanine floor.  Mezzanine floor suppliers offer a range of tailored solutions to suit most businesses and can help create the additional space for your business to grow.

 

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THE BENEFITS OF OFFICE CLEANING

office-space-06_full1Just like a house, the office is a place that requires regular care and maintenance. Most people spend about the same time at the office as they do in their own homes, so the office does turn into an important aspect of their lives. In order to feel productive and well enough at work, the office needs to be a cozy and clean place – professional and serious, yet welcoming and nice. If you work in a big office building chances are it will be cleaned every day by professional cleaning services and you won’t have to worry about emptying the bin on your own. However, it’s true that throughout the work day it tends to get dirty and messy in the offices which has a direct effect on the employees, whether they can feel it or not.

A self-respecting employer knows the importance of having a clean and presentable office area. It brings a variety of benefits for both the business and the workers. An office can hardly stay spotless, but it can be clean enough to welcome visitors, clients or business partners on a daily basis. So what are the advantages of cleaning services and why should an employer invest in a good cleaning company?

 

The Health Factor

Does this benefit surprise you slightly? It really shouldn’t as this is a major concern for any employer. A clean office is a healthy office, where the employees are not exposed to bacteria and thus suffer from colds, coughs and flu much less. Every employer prefers to have their employees at their workplace regularly. One ill person can infect others and this is not good for any business. If different people enter the office on a daily basis, dirt, bacteria and all sorts of grime enter the place for sure. Good cleaning companies offer professional services that ensure the clean environment in the office. A clean office has fresher air, cleaner electronics and floors. It smells nice and thus creates a feeling of comfort for everyone. Every employee likes going to work when they know the place is lovely, clean and tidy. This is the perfect place for creativity and productivity which are top goals of every employer.

The Client Factor

If you are still not convinced why professional office cleaning services are absolutely essential or you consider the investment too much, think about your clients, business partners and everyone else who enters the office, apart from the employees. Would you like them to see dirty floors, muddy footprints, overflowing trash bins, dirty toilets with no toilet paper, dusty computer screens and stained windows? This doesn’t sound like the office of a reputable company where professionals work.  Nobody would ever take you seriously if you don’t invest in the good look and cleanliness of your office. How clean an office is sends a direct message to anyone who enters it for the first time – you can be sure of that. Paying for professional cleaning services is not some kind of luxury, it is an absolute necessity these days when towns and cities are getting dirtier and dirtier. At least the office space deserves to be clean and presentable.

If your office is not clean and tidy don’t get surprised if your employees are lacking motivation and productivity. Nobody likes working at an unpleasant place or spending their lunch break on cleaning their own desk and emptying the trash.

This guest post has been submitted by: http://www.cleanngone.co.uk/

 

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Understand The Process Involved in Moving a Business

Moving a company from one place to another, or choosing a prime location for your business start-up, can be full of surprises. There is so much to consider; from the setting of the office premises to ensuring that all surveys have been carried out. It can be an especially stressful time because there is so much to do.

This is where choosing a reputable company with experience in office properties and the moving process comes in. Many businesses would rather leave the management of moving their office premises to the experts, so they can get on with their day job.

Searching for the right office in the perfect location can help a business to improve its overall productivity. In addition, it gives off the right impression to clients and helps to retain the members of staff who like to work in a pleasant environment. Customers or visitors need to have the right perception about a business in order to feel comfortable working with them. No business wants to be stuck in the wrong sort of office space that gives off negative connotations to their potential clients.

London is overflowing with business space and deciding on the right spot to open a business can be timely and overwhelming. The capital offers a variety of locations for you to choose from. By enlisting the help of experts in this field, you can ease the pressure on yourself when looking at a new office space. Looking for an office that fits your particular business needs is one of the first things to consider.

On the Move – What to Consider 

Looking for an office space involves several stages. Here are some of the aspects you must take into consideration. Firstly, consider your location. The size of your business and the budget for new premises will have a direct impact on where you want or can afford to set up. Whatever your budget, you must ensure that the location suits your business needs.

The location of an office is crucial. The surrounding area needs to feel right, as well as the building itself. This is especially true if clients often visit your office. Having them drive through an unpleasant or dark and dingy area before turning up at your office, could give them the wrong impression. Similarly, employees are more productive if they are happy and inspired in their office surroundings, so location is key.

What Type and Size of Office?

Perhaps you represent a new business venture and need somewhere moderate and affordable as your first office space? Maybe your business is growing and you want to take on more staff and so need to expand? Planning the exact space you want and the size of that space is important because you do not want to be left with vast empty space that is not being utilised, or discover that you do not have enough space if your business suddenly expands in the future. The latter option could provide an additional rent. When considering how much space is needed, it is advisable to consider any future expansion plans because it is likely that you will remain in your new premises for several years.

Understanding Different Types of Tenure

There are a variety of options available in terms of moving into new office premises. Buying a business space is a long-term investment, leasing an office can last several years and other premises may include a rental agreement on a more temporary basis. How long a business will remain in the same office space will obviously depend on the choice of lease or rental agreement. Making the right decision for your company at the outset should keep you free from problems in the future. All manner of buildings can be bought or leased; from large open plan offices to small workshops.

Going Green in the Workplace

Green issues and sustainability are fast becoming increasingly important considerations for any business on the move. People recognise the importance of energy efficiency and working in a sustainable environment can inspire the workforce and be cost-efficient. Making sure your new business space is focused on green issues will save you money from the outset. Factors to consider include the energy efficiency of the building, how much natural light there is, the sustainability of the air conditioning and whether the building is affected by external noise.

Searching for Office Space Noho has much to offer in terms of great ready-to-go business premises that will help you run a successful company with happy clients and motivated employees.

 

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Advice for Producing Corporate Videos

The moment you have decided to create your video and selected a reliable company to work with, there are a number of factors that you need to consider when your video is being produced. You need to be aware of these tips on the small details during the production of your corporate videos together with the company that you have chosen.

Keep it simple and avoid distracting the audience

If you are watching good quality corporate videos, you will see confident individuals explaining all the information in a clear and interesting manner. Once there is a vibrant colored background, it only distracts the viewers. It is best to utilize the neutral colors on the corporate videos so that the focus of the viewers will be on the person speaking. You have to make sure that the focus is only on the person presenting the important details.

Beginning, middle and end

When creating corporate videos, it is also important to give importance to the overall style.  You need to consider the opening as well as the closing. Take note of the logos that will be used as well as keeping the film consistent to your brand. You have to make sure that all your corporate videos are identifiable and should also stand out from the competition. By sporting a creative and unique look, it can greatly help in creating a mark as well as attracting the viewers in an effective manner.

Make sure you have the right cast and presenters

Since corporate videos require a cast for the presentation, it is important to have experienced and skilled cast members as well as making sure everything works in a smooth manner. The majority of video production companies have a wide range of presenters and voice over artists on hand. It is recommended to listen to all the options before choosing one that will fit your brand. You should continue using the same presenters for future corporate videos. In doing so, it can provide all your corporate videos with a distinctive look and can be easily recognized by the viewers.

Find your winning forumula!

Your corporate videos must have the potential to be unique and easily identifiable. The moment you take these important factors into consideration, you will have a successful and effective corporate video that has all the elements that you need. Once you have created a successful corporate video, all you have to do is to utilize the same elements for future corporate videos. Simply add a new twist in order to make it unique and stand out from the rest.

This Guest Post has been written on behalf of Dragonfly Productions a leading corporate video production company in London.

 

 

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Positive Buying Experience of the Year!

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Every now and then, a vendor or supplier truly out does themselves in service, the buying experience, and value.

My recent experience with of all things, a roofing company, was such a time.

Founded in 1982 by J Saber, an energetic gentlemen that looks very much like the Santa Cruz mountain Gnome, his company proves once again that you can’t judge a book by its cover. I seem to remember one of the founders of Apple Computer had a similar look. If you look at some of the properties that they have worked on, it becomes quite apparent that this guy is the real deal. His son Ryan has more or less taken over business operations on the San Francisco Peninsula and it is with him that I worked the most. Ryan met with me daily to review the progress of the job, and fully explain any additional work that needed to be done. He and his crew were some of the most affable workers I’ve ever seen. They actually seem to be enjoying doing their work.

As a result of many long years of hard and arduous labor and the silicon valley I own a triplex near the Atherton border. It had been roughly 35 years since the last roof was put on this ancient edifice, and I was terrified to find what might lay under the roof when we ripped off. Saber and his crew had the tear off done in one day, and I was delighted to find there was only minor damage to some of the plywood. They were able to replace that in no time, and assure me the rest of the roof was sound.

I can really tell a quality company by the attention to detail and the user experience. Every evening before the crew left, each speck of dust, each dropped nail, and every bit of debris was cleaned to the point you could not tell they had ever been there.

Another thing I greatly appreciate is honesty and integrity. There were several opportunity’s for them to take advantage of a simple homeowner as to the amount of time certain repairs might have taken. I happen to have had a few years in the construction industry myself after college, and was extremely heartened that at no time did they try to blow smoke up my hiney about how long something would take. They also had a significant cost overrun due to the fact that their estimator underestimated the square footage of the roof, costing them a few thousand dollars. Ryan admitted his mistake, and at no time hinted about charging me more.

Feel free to check out their diamond certified five star references on yelp. For those of you lucky enough to live on the San Francisco Peninsula, I recommend Saber Roofing very highly. For those of you not quite so fortunate I can only offer you a few photographs.

SaberRoofing has restored my faith in American workmanship! http://www.saberroofing.com/.

More photos at http://www.facebook.com/SaberRoofing

 

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Olympic London has lost the plot – well it was always going to happen…

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I’m trying not to become a GB (Games Bore) but this I could not resist. London Olympians are being treated to ‘Olympic Lanes’ – dedicated traffic lanes only officials and athletes can use when driving to and from events.

Like it isn’t hard enough to get round the Capital anyway! However the chaps and chapesses that have come up with this amazing logistical solution seem to have cut a few corners:

As usual the Daily Mail picked this little tidbit up pretty quick.

Where the hell is the average driver going to go (the lane for normal traffic is the bit in the middle)? Down the left? Can’t its a Bus Lane (£130 fine). Down the right? Can’t – will crash into oncoming traffic. Down the centre lane? Can’t its the Olympic Lane – £130 fine.

But its okay – what you do is just keep driving and as you reach the point at which the two dashed lines converge you are transported via a portal to your destination. Apparently.

Its quite fun – up until a week ago all preparations for the Games have gone according to plan and the media has been quite disappointed – no disasters, no cock-ups. But now with a week to go the security firm has admitted its security staff don’t exist and chaos is building on the roads.

Bring it on!

 

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The Low Down on Startup Office Space

Employees need to have certain personal space in order to achieve optimum productivity, but the varies from business to business and the amount of employees the company has. The position one holds in the company will also determine the space the individual needs. The space that the boss or president moves in should be different from the employees under him, this creates authority and a personal space to discuss important matters. Even though these are just estimates, it is very important to consider the space you will be needing before signing a lease or buying a building.

Even though this might seem rather technical, it does not need to be rocket science. There are certain estimates in relation to the type of business. When you are calculating the amount of space needed, take into account that it would be different for a start up company.

Company Expansion

If it’s a known fact that your company will be expanding within the time of the lease, you should consider adding about 10%-20% of the total space calculated. This is very important because terminating a lease can be very costly and then you will have to move your entire office space.

The space per area will also vary from room to room and whether certain areas for communal use. Let us take a look at the square feet per person in areas of the office:

- Generally you can estimate for 150 to 250 ft per person

  • President’s office – 250 to 400 square ft
  • Vice President- 150 to 250 square ft
  • Executive’s office- 100 to 150 square ft
  • Supervisor or Manager- 80 to 110 square ft
  • Conference Rooms- 25-30 square ft
  • Reception area- 125-200 square ft for 2-4 people
  • Lunch room- 15 square ft per person

Tech Startups

When it comes to the space in a technology startup and you have an open space, you can fit in even more people. It all depends on the layout of the space and the amount of personal space needed. In the case of a start up company there will probably not be a entire team of higher- ups. There will be between one and two bosses, which can have their personal space away from the rest of the team. The other employees of the start up will then be able to work in an open space which will lead to good communication which is needed in the beginning phases of the prospective business.

When you are signing a lease for your office space, be sure to note how much usable space is available. If you plan the space per person according to the total square feet, you might be disappointed to find out that only a certain amount of that space can be used. When you are planning the amount of employees you want to hire, you should also take into account how many parking space is available.

A technology startup will not necessarily need working stations or big conference rooms. The ideal would be to invest in a solid open plan, which can later be changed into compartments if the business evolves and needs different departments. Since the start up will be technology based, you will most likely not need storage space or a logistics department. If you have a few individuals responsible for sales, this might be the only team that really need their personal space and no distractions.  Even though an open space would be ideal, it would help to have a personal relaxation space where employees can escape from the business atmosphere to unwind.

Employees

Another thing that should definitely be focused on is the type of employees. Your office space needs to be accommodate disabled persons. If one of your employees are disabled, or in a wheelchair, their space would differ from the other individuals. If you don’t have an open plan area, it is then important that the corridor space takes up between 20-30% of the space.

Not sure exactly how much space you would need? Use this Office Space Calculator to find out. It would also be a good idea to join a Business club or online forums to find out about the latest development, articles and discussions about these and other business related topics.

Citations:

Read this contributed article submitted by John Badger. John is a guest author at DryLand. DryLand business club is a great firm in London, offering serviced office space.

 

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