To run your business legally, there are certain federal and state licenses and permits you will need to obtain in order to conduct your operation.
Virtually every business needs some form of license or permit to operate legally. However, licensing and permit requirements vary depending on the type of business you are operating, where it’s located, and what government rules apply.
You can expect to secure the maximum amount of credit available if you set up your business in a commercial office location. A physical location that is zoned for business speaks volumes for your company and its operation.
If you’re determined about having a commercial address but renting office space is out of the question then you may want to consider the following 3 alternatives:
Commercial Address – There are many leasing companies liken Van Nuys Offices that offer you the ability to have a qualified commercial address for your business for the purpose of only receiving mail and packages.
Virtual Office – A good way of saving money and at the same time still maintaining a professional image is to have a virtual office. A virtual office will give you the right impression at a fraction of the cost of having your own office. With a virtual office you have the ability to run your business out of your own home and at the same time building a professional image for your business.
Dedicated Office – You can obtain a complete turn-key office operation which includes a private office with your own phone, fax, internet, full furnishings, meeting room and much more. Some turn-key offices give you the privacy, security and professionalism of a workplace that is not in an open environment or room-share. You will have your own suite number, own mailbox, and your own phone line. You may choose from one single private office or several offices with many options.
Due to the bad economy and not a lot of jobs out there, people are now taking the opportunity to build a business and develop a clientele. A lot of individuals take the plunge and take advantage of the many opportunities and resources available when starting your own business.
Starting your own business gives you the opportunity to follow a dream or interest. Pursing a passion as a career by starting a business can increase your motivation to work and overall job satisfaction.
Many people like the idea of not being restricted by the rules and regulations of a job. When you have your own business, you set your own hours and come and go as you please. Initially, many owners may need to work more hours per day than a standard job. But when the business is established, they may be able to take time off and hire help to run the business.
To better understand why people start their own business, we asked many new business owners what motivated them to start it.
69% Of them answered “Be my own boss”
20% Of them answered “Follow a dream”
11% Of them answered “For Financial Stability”
It’s interesting that the desire not to have a boss is the primary motivator of entrepreneurs because “being one’s own boss” appears to be the prime source of entrepreneurs’ job satisfaction.
While there are many answers to the question why start a business, the best answer is the one that motivates you to take action. If you encounter any obstacles along the way, reminding yourself why you became a business owner in the first place can help you regain your focus and enthusiasm. The rewards of starting and operating a successful business are unparalleled in the world of work so start brainstorming and come up with your own answers.
There are many opportunities for people that want to start their own business now than there was years ago. During this economic stress landlords that didn’t consider pursuing smaller tenants are now looking to expand their business and are willing to take small tenants.
Large spaces that have now been divided into smaller ones are helping out those people who have thought of starting a new business but were afraid of the commitment to a large space. The number of small spaces tenants can consider in their searches has increased.
Many people think that when you start a business, leasing office space is not a really important thing because you have that extra room in home you can now use as an office. Yes, having your business run from your home can save you some money. But is it really saving you money.
Many customers or clients seem to feel that a business with a permanent address other than someone’s home is less likely to be a flaky business, and more likely to be able to deliver on guarantees. Which means some potential clients can change their mind about doing business with you.
Another consideration that you may want to think about, particularly if your business is mature, is that businesses with outside locations tend to be easier to sell and to bring higher prices. For one thing, the new owner doesn’t have to scout out a new location and go to the expense of moving; for another, customers and clients are already accustomed to visiting a particular office and can continue to patronize it despite the new ownership.
The main biggest mistakes a young entrepreneur makes is not writing down a business plan. Not only is it a good planning tool, but it also the key element that will help you raise money. Include research into things like how much you can charge for your product/service, how much it will cost to produce or deliver.
2. FIND A LOCATION FOR YOUR BUSINESS
Although the idea of starting your business at home is money saving there is many factors to look at when starting at home. Will the kids interfere? do you have space? If these in fact are going to be a problem. Then go out and look, for an office space. Remember
3. SIGN A LEASE
Ask for a copy of the form lease from your potential landlord. Read it and try to understand it. If you don’t understand the legalese, find an attorney. Start-ups should look for flexibility and try to sign as short-term a lease as possible. Understand the details of what you’re committing to when signing the lease.
4. MARKET YOUR BUSINESS
Even though social networks are essential, don’t underestimate the old ways of marketing. Your business is barely kick starting so you need to get the word out, let people know of your business, what products or services you provide. Embrace and use the most effective online tools (Twitter, Facebook, YouTube, LinkedIn) available to broadcast your news.
5. KNOW YOUR COMPETITION
Many businesses fail because they underestimate the competition. Often, it is not necessarily the quality of that competition, just the mere presence of it. You may think that you can drive your competitors out or at least steal some nf their business by offering a better price or better service, but many businesses can breed an intensely loyal following of customers.
Finding the perfect office, in the perfect location, can have a huge impact on your business. With the average length of a commercial property lease at 5-10 years, finding the perfect space is crucial; nobody wants to be stuck in the wrong office for any amount of time, let alone 10 years.
The right office space can make or break a business. It’s not easy to find the perfect premises, especially if your experience is limited. The key factor is to take the time and don’t settle for the first one you think is perfect. Because remember, your business will have to live with it for the life of a lease.
Give yourself some time don’t rush into a lease. Though the economy is in a state that there are plenty of office spaces around, you’ll still find that the perfect office space is hard to find. But, due to the recession, landlords now have cut their lease lengths to at least a year. Making things much easier for you.
The best thing to do when you think you have found the perfect place is to determine how much space you really need. Once you have calculated this , you want to evaluate how much space you will need to expand once your business becomes successful and can hold more people. Paying too much for an office space could affect profits; paying a small amount for inefficient space is also a waste of money.
The decision to relocate has to be made with specific regard to the future of the business. It needs precise planning and research, the establishment needs to be faultless and the owner needs to be sure that relocating is the answer for his/her business future. Once you have made the decision to move your home business to an office, you have some planning to do.
The advantages of moving out of your home office comes down to increased professionalism, more space to work and unlimited growth potential. And less much less distraction. Renting a small office at a good price can be very meaningful.
The first decision you make when you have already decided to rent an office, should be your desired location. It’s usually a good idea to start looking at offices near your house to avoid a long commute. Of course, while this is the ideal option, it may not work out perfectly when you consider other details that greatly affect your business. You need to make sure the new location reaches your target audience, so do some research of the surrounding area to find out who lives near the building you are considering. Try giving Van Nuys Offices a call, they have small offices for short terms and for only $195 a month.
Second thing you should consider highly is making sure that all your office furniture, including desks, filing cabinets, and bookshelves, will fit into the new office space. Make sure you leave room for expansion, especially if you plan to hire a few employees soon. Also, consider where customers will sit when they come into the office. Draw a layout, measure your furniture and move your furniture around so that you can get an idea of how much square footage you will need.
Last thing after you have found your perfect office, you signed a lease, and now you’re ready to start running your business from the office. DON’T FORGET to update your address on all your licenses, bank account, vendor accounts, post office, and all your stationary. If you regularly get inventory shipments, you need to let the distributor know your company’s new address ahead of time. This can prevent you from having to move merchandise shortly after it is dropped off at your house, so be sure to update your business address. You will have to do the same for your mail and any marketing materials that feature your current address.
If you have a business that requires a small office in the Van Nuys area then a small office from Van Nuys Offices may be the perfect solution for you. You can rent an office as small as 80 square feet or as large as 180 square feet. You can rent on a month to month, quarter to quarter or a year to year lease. All terms are flexible and negotiable. For a small additional monthly fee we can even provide fully furnished offices including desks, chairs, and cabinets.
Other leading small office rental companies will tell you that printers, copiers, fax machines, telephones and coffee machines (usually all in used condition) are included in their price but does that justify paying twice as much for rent, month after month? Not a chance!!
Save Money, over the long run saving on monthly rent can really add up! Starting at $195/month you can use these savings for more important items like advertising, marketing and/or room to expand into more offices.