Category Archives: Business Challenge

Avoiding Obstacles to Your Business Growth.

 

When you start up your business it is one of the most exciting moments in your life.  The future stretches out before you and you have a vision of what you might be able to achieve,  in terms of prosperity for you and your family and the freedom to pursue your own personal and career goals.  Yet building a business is not a simple matter and you will be faced with many choices along the road.  You might, for example, decide that having a business partner would lighten your load and make expansion easier.  Whilst an obvious temptation, it is not always the most effective path.  The choice of a business partner should not be taken lightly.  You need to find someone who has strengths to complement your weaknesses and will add extra dimensions to the business mix.  Very often we choose someone who we just ‘get on with’ but cannot really offer the input you need.  I would always suggest that you hold off on bringing in a partner until you have established the basic business and the search out someone who can add a complementary dynamic.  If you are essentially a ‘creative’ then you should try to find a partner who is more a detail person and vice versa.

Many new entrepreneurs get easily discouraged, they view the business as a goal in itself rather than as a journey to be taken, this means that if your business goes through inevitable periods of slack you start to worry and get despondent.   You need to remember that all businesses have their tough moments and that all successes have some failure along the way.  Always keep in mind the reason you first set up shop, let the vision that drove you to register your company and open for business be a constant guiding light in your daily work.

In this short video we remind you of these essentials business truths.  We have helped many young businesses get though their early stages by providing all the basic office services at a price that fits with the budget constraints of a new enterprise and allows them to focus on the  bigger business picture.

TfL is Bullish Over Build to Rent Business Model.

TFL futuristic station

We are going through troubled times in the residential property market as Buy to Let empires sell off their assets in a stagnant marketplace.  Brexit is on the horizon and nobody has any real sense of what will happen to residential property after March 2019.  For a long time now London has been supported by an international financial community competing for rental properties around the capital.  London’s transport authority TFL have decided to jump in the direction of ‘build to rent’ using their formidable stock of existing land and buildings across the town.  They plan to build a substantial number of rental units above underground stations which were certainly be ‘convenient for travel’.  More importantly it will give TfL a guaranteed income stream into the future which will enable it to invest in the travel infrastructure . We discuss this move in our latest video report..

Apparently, a number of these proposed rental units will be reserved for ‘affordable housing which represents useful payback to the London commuters.  Our Capital is hosting London Fashion Week which is always a stress test for our transport network with industry professional rushing around London for Catwalk Shows and wannabe fashionistas pouring into Oxford Circus and Knightsbridge to buy their Autumn season outfits.  We are aware of this increased footfall outside our offices right there on London’s Regent Street and we feel, as always, there at the beating heart of London’s business centre.

 

Improving our structure, to improve your services

What are the three key factors when choosing a successful business solution? I believe they are:

·  Value for money

·  Ease of use

·  Business specific options

Bearing this in mind and with the aim of providing customised solutions for individual companies, we have looked at restructuring the key services we offer and we are excited to be able to introduce a number of clear business packages.

With a wide range of services available we can provide you with a prestigious London address from which to conduct your business, mail receiving and forwarding services, virtual office space, meeting room hire and a national and international low cost courier service along with other services designed to meet your specific business needs.

The introduction of our new packages will allow for you, the customer, to easily navigate through our choice of selected services which will be organised to help you find the optimal solution for your company. 
This new hassle free system will be ideal for young start-up companies. By selecting the most suitable package, it will allow you to immediately benefit from our low effort, high return services.

I know that image and reputation are key when you are starting a business, and can be essential to your long-term success. Our straightforward package options will enable you to instantaneously create a premium status for your business. This will give you theopportunity to build a credible reputation for the company and in turn, gain a competitive advantage over industry rivals.

In addition to restructuring our existing services, Hold Everything has recently teamed up with a number of leading service providers. These new partnerships have opened doors to allow us to offer even more services which will feature in our tailored business packages.

new website mac

Getting our on-line, in line

 

To complement our updated offerings I have decided to use this opportunity to make both aesthetic and functional improvements to the current website. 
As well as improving the overall look of the website, the new design will aim to maximise:

·  User Experience

·  Accessibility

·  Engagement

I feel that it is essential for the website to accurately represent the modern and progressive business services Hold Everything offers.

Whilst our vision and brand values have never changed, we are constantly working to improve the services we can offer your business. The website revamp will reflect this, with a clear, contemporary layout and a focus on optimising the user experience to allow you to easily navigate through and explore our new and existing services.

Taking a break …… a message from Richard Cooper!

As the sunnier weather finally arrives, many of us start to look to our summer breaks and holidays.  One of the big reasons I became self employed was to  be able to take holiday and time off as and when I wanted without the restrictions of a boss or having to ask permission.

As many of you will undoubtedly know, in practice this isn’t necessarily as easy.  If you are the sole owner of the business its not always easy to take a break. When you live breathe and love your business its very difficult to leave it.  So how DO you take a break without breaking your business?

Here are my top tips:

1)      Plan a break – it sounds obvious but make sure you plan some of your holiday time at the beginning of your year.  New to business?  Plan some time now.  It will allow you to communicate to your clients if you will be away.

2)      Use a virtual assistant – even if you are on a beach, your client calls will be answered.  DIVERT your mobile to them – it will save you money when they call and reassure your clients that your business can be contacted when you are away.

3)      Be contactable by your VA (virtual assistant) / Friends and family on a LOCAL sim number.  By using such a service you can save money, be contactable and keep in touch without having to spend all of your break IN your business

4)      Screen your emails.  Some of the most efficient business owners I know screen their emails but don’t respond unless it’s a dire emergency.  Set your email out of office to reflect that you will be picking up emails but only periodically.

Our company provide overseas phone facilities and they are proving extremely popular to our clients.  One of the biggest benefits is the low cost way to keep in touch.

The biggest thing is not to feel bad taking a break.  This is part of the reason many of us started our own ventures, and its really important to enjoy the fruits of your labour.

If your clients don’t like it?  Then maybe you need to review the type of client that you have. Remember that YOU run your business NOT  your clients.

So go on…. Book that break today or at the very minimum write time in the diary to be away fro your business. Some of my best ideas come when I take a break.  I still keep in touch, but not at the cost of my family/home time.

Until next time….

Richard Cooper – Virtual office visionary
Follow us @holdeverything1

Its got to be PERFECT ……. a message from Richard Cooper

How do you run your business.  Is it PERFECT?   Many of us start a business with a vision of giving the customer better service, better value for money and the perfect client experience.

One challenge I have always faced is that no one is quite as passionate about my business and service as I am.  I’m not saying that my team aren’t amazing and efficient, but what I mean is that, I am a perfectionist.  I want to get it right every time. After all I am the business owner and the buck stops with me.  It has to therefore be perfect?  Right?

Something I am learning more and more as time goes on is that perfection doesn’t really exist.  That may sound a bold statement however, how many of us have actually reached “perfection”?  What is perfection?  And more importantly how do will instill this into our staff/colleagues and teams?   The answer is – “realistically”

SO:   Face facts: Your team/staff/clients/suppliers/contractors will NEVER feel as passionate about your business and therefore their levels of service won’t be to the same level as yours.  This DOESN’T mean excusing poor performance, attitude or behaviour.   Take a look at your clients.  Are they happy with the level of service that your team provide overall.  Are they treated professionally and are they valued?   If the answer is yes then work on developing your team, but not necessarily at trying to make them replicas of you.

Put processes in place:  If you couldn’t be in your business for 6 weeks – are there enough processes in place to get by without you in an emergency?  If the answer is no, then it’s time to start.  You never know what is around the corner.  If something meant you couldn’t be there for your clients, will someone else be there?  Again it’s not about a replica of YOU, its about meeting and exceeding your clients expectations.

I always felt that if I wasn’t involved in my business then it would crumble without me and all of my clients would leave.  I am learning that my clients want me to have a successful business and provide an effective service.  Having my skills and expertise at the healm is just an added bonus.

You don’t have to be perfect to win in business, you just have to be professional, consistent and have a great team around you.  Listen to your customers, ask them how they see your business.  Even if you think something could be ten times better, it may be just “perfect” for them.  Spend your time concentrating on being the owner and steering your company forward.

 

Until next time

Richard Cooper – Virtual Office Visionary

Follow me @holdeverything1