In office space, absorption measures the net change in occupied office space over a specific period. It tracks how much space tenants lease compared to how much becomes vacant, indicating market demand. Positive absorption means more space is leased than vacated, while negative absorption shows the opposite.
Home-based businesses are quickly becoming the fastest growing form of business start-ups in America. In fact, over half of the 600,000 new businesses founded each year are grown out of someone's home office of basement.
When you cannot be around a phone 24/7, but you also don't want to miss an important call from a client, how can you find a happy medium? No customer wants to hear a machine pick up their call and ask them to leave a message.
OVER the last 10 years big business has lost many of the advantages it once had making it increasingly easy for small businesses to compete.
Whether you're renting consistent office space or utilize the services of a virtual office, neglecting your office environment is a mistake.
As a small business owner, you've invested a lot into your ideas – so much so that having new employees sign non-compete agreements seems almost second nature.
For decades, the majority of startup culture seemed to focus on the activities of businesses based in Silicon Valley. From Listia to Evernote, Silicon Valley is a hotbed for some of the today's most popular tech companies.
Many solo entrepreneurs and small business owners choose to work from home to save money. However, this may not be the best option for those looking to take advantage of the benefits a physical office can offer.
No entrepreneur has ever achieved success without first developing a successful mindset. This mindset builds character, forms positive habits and can eventually help you create success.
