5 Tips To Save Your Business Money

 

With 2013 well underway and our personal resolutions in the works (some more successful than others), it’s also time to think about shaping up your business. With recent Business Confidence Index research indicating cash flow as the biggest concern for businesses; small business owners and entrepreneurs should use the New Year as a fresh start to approaching their business finances. While personally we can head to the gym or shop less to carry out resolutions, what can businesses do to trim the “business belly fat” and increase cash flow?

 

Here are five steps businesses can take to be fiscally fit in 2013:

 Right size your business: Behind payroll, office space is the largest expenses for small businesses. Ask yourself, do you need a costly, long-term lease that may not apply to your company in six months’ time? See if non-binding, flexible arrangements like drop-in lounges better suit your company’s needs.

2.       Get flexible so your business can react to change: Explore today’s many flexible working options such as co-working, home-working and staggered working hours to reduce stressful commuting, improve morale and boost productivity.

3.       Reach out for new customers: Businesses that have an address in the same city as their customers and prospects have an advantage over out-of-town competitors.  By using a virtual office with a prestigious address, your company can expand into new areas with no upfront capital and minimal risk.

4.       Leverage technology in lieu of business travel: Videoconferencing, Skype and online meetings can keep you in touch with colleagues and clients without the hassle of traveling.

5.       Learn from your mistakes: Symbolically, the New Year represents a clean slate for your business.  Make the time to evaluate what worked and where there is room for improvement heading into 2013. 

Expanding In Austin

We've cut the ribbon on our newest location in Austin.

 

 

Featured in above picture from left to right include the Austin Chamber's Clarence Greggs, proud client/attorney Dion Clark, Regus Center Manager Victoria Conde and the camber's Alan Snyder.

This is our 5th center in Austin.  An attractive and cost-effective alternative to traditional space, flexible workspaces are more adaptable to modern business needs allowing individuals to access a professional location as well as business services on demand.  Regus’ investment in Austin comes as the city continues to be a magnet for businesses of all sizes looking to take advantage of opportunities, particularly in the areas of technology, energy and professional services.

 

Regus’ First Pasadena Location Fulfills Demand for Flexible Workspace

As demand for flexible working increases across the U.S., we have opened our first full service business center in Pasadena at 155 N. Lake Avenue.

In lieu of traditional office space, flexible workspaces are more adaptable to modern business needs providing mobile workers with a place top collaborate, network and socialize with other like-minded professional. Our investment in Pasadena comes as workers are looking to reduce their commuting time and improve their work-life balance.

Pasadena is at the intersection of major air, land and rail shipping hubs and its proximity to Los Angeles serves as a magnet for businesses. Our clients run the gamut – from the solopreneur who is launching his own business to a Fortune 500 company who wants to establish a presence quickly in Pasadena.

The center features offices, virtual offices, a business lounge, meeting rooms, a videoconferencing studio and an administrative staff to provide support services. Our Global footprint and scalability allows companies to enter new markets and expand without being locked into long-term, fixed leases.

Click here for more information on our first center in Pasadena. 

Swing For The Fences…

Or at least work from right above them.  You can do that with our newest San Diego center with an amazing view of Petco Park.

It's our 9th center in San Diego, at 350 10th Avenue.

Business is booming in San Diego and Mayor Jerry Sanders is glad to see more flexible options for startups and other companies looking to expand into the market.

"The new business center adds to the Regus tradition of delivering flexible workspaces to companies of all sizes," said Mayor Jerry Sanders.  "This center will help San Diego keep pace with the ever growing bio-tech, clean-tech, and high-tech industries that has the region on a trajectory to outpace the rest of the nation in commercial leases over the next several years."