Tag Archives: Virtual Office Regent Street

Become an Entrepreneur – Your Resolution for 2021.

become an entrepreneur

New Year is fast approaching and the traditional new year resolutions are being considered.  Many people, after a chaotic 2020, are seriously considering going their own route as an entrepreneur, to become an entrepreneur.  Unfortunately, for many, the option has been forced upon them by the Covid-19 fallout and how it has put a wrecking ball through the retail and leisure industries.  Whilst many employees were ‘furloughed‘ this safety net is now being taken away.

become an entrepreneur

Become an entrepreneur in 2021

For others, setting up your business has been a perennial option to be considered as each year draws to a close.  Perhaps you have been putting off the decision until things change in your personal life.  Maybe the kids have left school or have finished their expensive university years.  Perhaps you have inherited some money which could help tide you over, during the necessary period of transition. But, for whatever reason, you have made ‘become an entrepreneur’ your resolution for 2021 we would like to show you a useful business model that will make the decision easier for you, at least when you startup.

For entrepreneurs, start-ups and small companies, leasing a physical workplace isn’t always financially or logistically feasible; with working at home or at the local coffee shop or pub often seen as the less expensive and easier alternative.

But if you want to be taken seriously in your new, independent role there are aspects you have to bear in mind.  You need to set up your suppliers, market your services and goods, consider the competitors, work out logistics on how to deliver your products and services and crucially find a base for your workplace.  Not just to work from, but a work address that provides the right ‘look’ for your new enterprise.

With office rates still uncomfortably high in the UK, discovering a cost-effective service for your office requirements can represent a tough and challenging task.

For those among you who have made a start on the route to become an entrepreneur, a virtual office can act as that initial step towards getting developed in a physical location, however without the commitment of leasing a real desk or room in an office building. It is the seductive element of not having to make a long-term rental commitment that makes a virtual office such a great option for a startup.

The #1 essential benefit of the virtual office, and frequently what eventually drives business owners to adopt one, is that they cost much less than leasing a conventional workplace or coworking space.

 Virtual workplaces aren’t strictly the domain of only entrepreneurs and sole traders– it’s equally possible to handle a team of remote employees through your virtual office. 

Think carefully about your essential business requirements: A telephone or telephone system for handling and taking customer calls (your smartphone may well be all you require for this but there are many software options that can provide some very sophisticated telephony for the WFH entrepreneur. so what are the essentials that you will need to run your fledgeling business through a virtual office?

  • A powerful laptop
  • A cloud-based email service such as Outlook or Gmail, so you can check out and send out messages from any connected device
  • A cloud-based file sharing and storage system such as Google Drive or Dropbox, so you can access essential files anywhere Productivity software application (if you’re directing a group)
  • Video conferencing software (if not offered by your virtual workplace supplier)
  • For home-based business owners and start-ups aiming to gain a more expert image, renting a virtual workplace could be the perfect business solution.
entrepreneur multi tasking

Multi-tasking can be made easier with a virtual office

Now, let us add to this list the services that a virtual office such as Hold Everything can add to the mix:

  • A mail forwarding service.  Mail can be addressed to your central London registered office address and then be forwarded to your home or shepherd’s hut on a regular basis.  That way, your new business and your personal life can be elegantly separated.
  • A telephone answering service.  Having a professional voice answer your business calls on a dedicated London phone line goes a long way to establishing you as a serious company which is what you need when you become an entrepreneur.
  • A meeting room for client conferences.  why pay for fixed office premises when top virtual offices can provide you with a stylish boardroom to impress your visitors, all you need to add is the coffee and biscuits.
  • A legal registered business address.  Having your office address correctly registered will give you peace of mind and full business status.  It is a service we offer our clients so you look professional ‘right from the off.’

 

Tips to Avoid Legal Problems in Your Small Business.

We all know that law firms make lots of money from litigation and one of the most profitable areas is business law. This ranges from everything from libel suits (defaming a competitor) to mishandling customer data. Fortunately most of this expensive problems can be mitigated by a combination of common sense and correct insurance cover.

Follow our tips to avoid expensive legal costs.

Here at Hold Everything on Regent Street we have heard many stories over the years from companies who have fallen foul of legal guidelines, be it HMRC or for data protection failure. Even simple things like GDPR compliance need taking seriously to avoid costly solicitor’s letters.

If you are setting up a new business it is well worthing appointing a business solicitor to be on call for any troubles that might arise, prevention is an excellent strategy in this area. We are always here to discuss business problems with our clients and if we don’t know the answer ourselves we can certainly put you in the right direction.

When Is Your Next Meeting?

Need space for a meeting?

By having a virtual office, it is more than likely that your business is running from an out of London location.

Your location base appears as London, perhaps even your telephone lines appear as an inner London location this can often become a problem when client’s want to meet with you face to face.

Our solution…

The Regent Street office offers a prestigious boardroom within ‘your’ London office. This way you are sure never to miss an important meeting while holding up the foundation of your Central London presence.

Located less than a 2 minute walk from Oxford Circus station which is accessable via three different underground lines, our office is easily accessible and has lift facilities for disabled access.

So what we offer…

  • A 10 capacity boardroom that is self-contained with blinds for extra confidentiality comes complete with WIFI/PROJECTOR/FLIPCHART (on site scanner & printer facilities are also available).
  • Tea, coffee, water & other selected refreshments are available
  • Our meeting room is available from 9am-5pm Monday – Friday (other times are available at special request)

Make the benefits of having your virtual office work for you, without the cost and time consumption of renting an actual office.

To discuss more details contact the Regent Street team on 020 7580 4242

A Festive message from Richard Cooper

Putting up the lights?

How are your Christmas plans coming along?   Have you put up your lights yet?   The man in this picture isn’t actually putting up his but taking them down.  And it was in the last couple of weeks.

Someone doesn’t like them!   This is a market town in Norfolk about 20 miles from the city of Norwich.    Read HERE  for the full article.

I’m not entirely sure what to say on this one really.   Being in the centre of London, our lights go up every year with tens of thousands of people coming along to get into the spirit of Christmas.  We’re on Regent Street just off Oxford Street so it is a different world in some respects.

However I really think that the principles are the same .   We live in a multi- faceted, multicultural society so not everyone celebrates Christmas or wants to.  However does this mean that we should stop those who do?

Did Mark Bunning – the business owner asked to remove the lights go out of his way to annoy his fellow businesses?  I very much doubt it.   Did those who complain about a local business owner taking his own time (at his own cost) to put up lights and cheer up his town, think for one minute that  he did it because he has the community at heart,  or was it just easier to criticise?

I was chatting to a couple of my clients about this and one of them sadly lost her mum over Christmas.  What were her  thoughts?  Here’s what she said:

“ When my mum passed away and we went to the solicitors, to sort out probate, it was a time of joy and happiness for most families.  Of course I didn’t want to be involved but at the time, honestly, if there had been naked dancers in the windows or real reindeer flying around I wouldn’t have noticed.  I was grieving . I wouldn’t begrudge anyone Christmas cheer and never did”.

So think about this over the festive season.  What can you do to make life easier for your business neighbours.  How can you HELP them and do you really know your clients.

And as for these lights….  Why would anyone knock a business person trying to do good.  Whether it was right or wrong – at least the thought and effort were there.

Until next time

Richard Cooper – Virtual Office Visionary.

Follow us @holdeverything1