Monthly Archives: September 2021

What to Look for When Hiring a Property Manager

Property Manager

Investing in property either personally or for your company is a great way to build wealth and income. However, if you’re new to the real estate game, it can be challenging to manage the ins and outs of your property. This is where property management companies come in, as they can help you with everything from maintenance to leasing. If you’ve just acquired a property and are looking for ways to manage the rentals, the tips below can help you decide on which property manager to hire.

Their Relevance and Expertise

When hiring a property manager, you’ll want to make sure you don’t pick just anyone. Make sure you hire a company that has experience with your type of property. Commercial properties, for example, require different types of experience and know-how than residential properties. Other areas like retail will also have different issues than a commercial office.

Therefore, it’s important that you find the right kind of property manager who understands the needs of your space and your business. If this is unclear to you, it’s a good idea to make a list of property management tasks that are important to you.

Their Approach

Like anything, property managers can differ a lot when it comes to their approach. Therefore, as an example, if you’re searching for property management Washington DC, you’ll want to assess a few factors first. Some important topics to cover during your evaluation include:

  • How many properties they manage in the DC area
  • What types of properties they manage in DC
  • How many local staff they employ
  • Whether they have a maintenance crew
  • What the lengths of their leases are
  • What happens if you cancel your contract early

Their Costs

Before you hire a property manager, it’s important to know exactly what you’re paying for. Make sure that the company you hire is transparent about their costs, billings, and what their fees involve. For example, most property management companies will charge a percentage of the rental value each month (for example, 10%). You’ll need to find out what this fee entails; however, it usually covers aspects such as processing rent, dealing with repairs, and responding to tenant queries. Other companies might charge a flat fee rather than a percentage, which may be preferable to you depending on your needs. Whatever the case, it’s important to establish this up front.

Their Licenses

Property management companies are subject to different licensing requirements in each state. This also depends on whether they’re working with real estate or community associations. You’ll want to make sure that the managers and staff have the right licenses, especially if they are dealing with leasing activities. Some of the important licenses to be aware of include real estate brokers’ licenses and property management certifications.

Their Communication Style and Ability

Communication is vital when it comes to property managers. You’ll want to ensure that they are able to communicate efficiently to you and to your renters as this will not only increase the potential for business, but it will also ensure that everything is transparent and above board.

Their Mindset

Last, but not least, it’s important that the property management company you hire has a healthy long-term mindset. They should be looking at your arrangement as a long-term partnership, not a quick chance to make a buck. If they have your shared interests at heart, they’ll be more likely to help you reach your goals in the future.

And if you are looking for an office, we can help! Our local reps know the market, know the landlords and property managers and know who takes care of their buildings. Contact us if we can help! No obligation

How to Find the Perfect Office Space for Your Start-Up Business

office spaceFinding the perfect office space for your business can be a daunting task as there are many available options. Hopefully, this guide will help you decide on the perfect type of office space for your new company.

Home Office

A home office can be a great place to start on day one. One big benefit is that you don’t have to lay out any money on office space rental, you will likely want to upgrade you home office to ensure you and or your team can be productive. No rent will give you one less thing to worry about and you can see whether your business will take off before you must consider finding yourself an alternative space. For a smaller company, this option will work well, but if you need more space for supplies or deliveries, you may need to rethink.

Shared Office Space

If you like the idea of being able to leave home to go to work or know that you will need to employ staff straight away, a shared office space could be a good option. Either coworking or executive suite office space could fit your needs. It will allow you to rent the amount of space you need and, the chances are that as you expand, you will just be able to rent more space rather than having to change location. Another great advantage of shared office space is that it will give your business a professional image and address from day one. As soon as you open for business, a client could walk through your door, be greeted by the receptionist, and then get shown into a nice meeting room. In industries where the image is important, this could be invaluable to your business. Most shared offices will offer you creature comforts such as vending machines, janitorial and parking.

Consider Storage

You may think that you need more office space than your really do to accommodate storage space. This can be a more expensive way to accomodate storage needs. As a start-up business, it will be important to keep your costs down as much as possible. So, it might be worth considering renting storage space separately rather than having to rent a larger office. It can save a lot of money and provides lots of flexibility. You can always rent more storage space or increase the size of your office as you expand and it could mean that your initial overheads are lower.

Your Own Office Space

If you know that you will need a lot of staff and a large amount of room, you may need to consider a large office from the start. This could be cost-effective if you know you will need the space soon after setting up, as it can save you the cost of relocating later. However, you should factor in the costs associated with renting your own office space. Among those expense is  business property insurance. There are quite few companies, like The Hartford Insurance Company, available to arrange business property insurance for you at a cost-effective price that will give you peace of mind.

Next Step

If you are considering either shared office or renting your own office space, make sure to consult with a tenant rep. We have some of the top representatives available to assist you and at no cost to you. Give us a try. Contact us today for a no obligation discussion on how we can make sure you avoid costly mistakes and get the right space at the right cost.

10 Effective Ways to Generate Leads for Your Business

generate leadsLead generation is one of the most important parts of running a successful business. Leads convert into customers. If you’re not making a concerted effort to generate leads, then your business will fail. There are lots of ways that you can generate leads, of course depending on what industry your business is. If you’re a digital business, then social media and influencer marketing can be very effective. If you’re a small, locally run bakery, then posters, flyers, and word-of-mouth can be very effective.

In this article, we are going to tell you 10 effective ways of generating leads for your business:

Client Engagement

A very effective method of generating new leads for your business is through client engagement. Client engagement is when you pull customers in, through quality content and clever marketing strategies. Provide useful and helpful information on your website, blog, or social media pages, and gain the trust of your clients. Make an effort to communicate directly with them, through targeted advertisements. Keeping your audience engaged can produce leads, which you can then convert into customers.

It’s also worth reaching out to and communicating directly with potential clients if you believe that a relationship with them would be lucrative. You can contact people by email, phone, or on social media.

Marketing Agencies

Sometimes, the best way to generate leads is to hire a marketing agency. This is especially true if you have no prior experience in marketing, but you’re in charge of your company’s marketing strategy. A blog about Solar Marketing by the marketers at Hook Agency mentions that a specialized team can hook better leads. So if you have a solar business, look for a marketing agency that provides marketing services in the solar industry. In addition, when you’re searching for a marketing agency, try to find one that’s well-reviewed, experienced, and doesn’t charge a fortune.

Affiliate Marketing

Affiliate marketing is something that’s worth your consideration. An affiliate program is when you employ people to sell your products for you, with them taking a percentage of the product’s profit. This is a great way to generate leads because you don’t have to do any of the work. The only downside to affiliate marketing is that you won’t make 100% profit, as you ordinarily would. Instead, you’ll have to offer a new customer bonus to incentivize buying from your affiliates, then as aforementioned pay your affiliate team.

Social Media Campaigns

Social media is marketing heaven. You’ll be able to reach your demographic and peripheral demographics immediately. You don’t need to be a marketing wizard, either. Social media is straightforward and easy to use. It’s instantly accessible and doesn’t cost any money. However, just because you don’t need to be a marketing wizard to use social media, that doesn’t mean that you don’t need a carefully thought-through marketing strategy. There are millions of other businesses unsuccessfully marketing themselves on social media. You need to make sure that you surpass them in effort and quality.

Video Marketing is big on social media. It comes in many forms including about us, testimonial, how to, promotional and demonstration videos to name a few.

Influencer Sponsorships

Influencers are internet personalities revered for their ability to influence their audiences into purchasing from and supporting the businesses that sponsor them. All major businesses utilize influencer marketing. You should find an influencer in your niche, approach them and ask them to advertise your products. The only downside to influencers is that because of how effective they are, they can cost a lot of money. Some charge thousands of dollars. Even so, if you have the money to pay for them then they’re definitely something to consider. They can generate lots of leads for your business.

Referrals

Referrals can be a great way to generate leads for your business, particularly if you have fostered good relationships with your existing customers. You can also incentivize referrals, by offering customers money back or discounts when they refer new customers. Offering monetary rewards for referrals is a good way to generate leads and new customers, particularly if your business is new or just starting out. If you produce high-quality products, then your customers should refer people without it being incentivized.

Pay-per-click Advertising

Pay-per-click advertising can be used to generate lots of leads. With pay-per-click advertising, you pay an advertiser who publishes your advertisements on their website every single time that your advertisement is clicked. Targeted pay-per-click advertisements on search engines can be particularly effective. Your advertisements will only be displayed if a person has searched for something relevant to your niche. This prevents your advertisements from being clicked accidentally or pointlessly, which can cost you money.

Guest Posting

Guest posting can be a very effective method of lead generation, especially if you’re an expert in your business’s industry. With guest posts, you’re able to show off the depth of your knowledge and assure your customers that you’re the right person to do business with. To guest post, find blogs relevant to your industry. Contact the bloggers and ask them to pay them to post on their website. In your guest post, you will be able to talk about yourself and your business. You will be able to post backlinks, which are links that go from the blogger’s website to yours.

Email Marketing

Email marketing is highly effective, although you can only send emails to people who have subscribed to your website’s email list. Even so, you are able to directly send potential customers information about promotions and discounts. This can be very effective, particularly if your subscribers haven’t yet purchased anything from you. SMS marketing is equally as effective as email marketing.

Answering Questions

There are websites like Quora and Reddit that allow you to answer questions online. A single question can generate thousands of leads if you answer it properly, maybe even tens of thousands of leads. When you answer questions, don’t jump straight into advertising your business. Instead, make sure you’ve addressed the person’s points then advertise your business. Make it clear that you know what you’re talking about and that you pride yourself on your depth of knowledge. Also explain that you apply this knowledge to your business, which is why your products or services are of extremely high quality.

There are many ways for you to generate leads, but in this article, we have explained the most effective. Take these tips and apply them to your business’s marketing, and you’ll see an uptake in leads in no time at all.

And if you are looking for an office, we can help! Our local reps know the market, know the landlords and know who takes care of their buildings. Contact us if we can help! No obligation

7 Keys to Creating a Hybrid Work Schedule

Agile Workplace StudyA hybrid work schedule is a work schedule that combines elements of a compressed workweek, remote work and flextime. Typically, in a compressed workweek employees will have some long days where they come to the office for a set number of hours and then leave early on other days to make up the difference and then work remotely other times.   The combination of these methods can increase productivity and morale, reduce employees’ work-related stress, and decrease absenteeism. It is also known as an agile workplace.

However, implementing a hybrid schedule is not an easy task. It will take careful planning to make the transition as smooth as possible for both managers and employees. This article provides 7 tips on how to successfully implement a hybrid work schedule.

1. Communicate

It is essential to go over the new policy with all employees before it goes into effect. This way they can ask any questions and voice their concerns. To ease employees’ worries about how this will impact their schedules or other aspects of their jobs discuss hypothetical examples that explain how the schedule will work and share success stories of other companies that have successfully implemented a hybrid work schedule in their workplace. This way employees will understand exactly how this change will affect them and they can feel confident that their concerns have been addressed.

2. Identify scheduling and moral issues

A survey should be distributed to employees asking them about their concerns and ideas for the new policy. If possible, it would also help to gather feedback from managers as well. Look at how employees currently spend their time and identify any scheduling issues that may arise. For example, employees may be worried about how they will get projects done if they are expected to work 50 hours in four days instead of 40 hours over five days. Morale also needs to be considered. Employees who feel like their work schedule has become more flexible and fair are going to have a greater commitment to the company.

3. Create a detailed proposal

Once you have gathered all of this feedback, it’s time to create an official proposal with details on how the new policy will be implemented. Articulate precisely what the compressed workweek portion of the policy entails and present any rules that apply to employees who choose to take advantage of flextime. Also, be specific about which jobs qualify for the compressed workweek or remote working and how much time employees have to take advantage of it.

4. Include management training

If managers are expected to complete their regular duties during the hours when most employees are at home there needs to be proper training in place so they can manage these responsibilities effectively. Managers will also need to be properly trained in the concept of a flexible workplace if they are expected to supervise employees whose schedules differ significantly from their own. Also,  if employees are working different hours from their managers they may have trouble communicating or sharing information. Proper training in collaboration and communication will help integrate these teams into a productive, well-oiled machine.

5. Provide support for shift workers

If shift workers are included in the new policy they should have two weeks to weigh the pros and cons before deciding whether or not they want to participate. Since there may be scheduling conflicts with their outside commitments, this period will allow them to work it out and give them ample opportunity to voice their concerns and suggestions. Allowing some lead time before launch will also help management identify potential problems that may require more thought before the policy goes into effect.

6. Launch gradually

Although it may seem like implementing a new policy overnight will prevent further complications, launching the policy too quickly will only cause issues that can potentially delay or derail the change. Before choosing this route, consider how much time you need to launch properly and present this method as an alternative to your employees. If they are concerned about lack of preparation, ask them to help you brainstorm ways the change can be successfully implemented. The more input your employees have the better.

7. Train employees for success

Change can be difficult and it is important to encourage employees who will soon begin working a hybrid schedule to have realistic expectations. The new policy should provide them with social support from coworkers, supervisors, and human resources so they know they are not going through this alone. If everything has been done correctly the transition to a hybrid workweek should be a smooth one that both managers and employees are happy with.

It is important to remember that the goal of an agile workplace is to better accommodate employees’ needs and provide them with more growth opportunities. It can be difficult to change company policy, but organizations should remain open-minded about new ways to boost their business performance. Following these tips will help managers ensure that their employees are satisfied and respected under a new policy like the hybrid workweek.

If you need help finding office space, whether conventional or flexible space, we can help. Contact us today for a no-obligation discussion on how we can help.

8 Tips on How to Efficiently Organize Your Workspace

Do More - Organize Your Workspace

Whether you are completely digital-oriented or choose to go old-school using paper, the physical environment of your workplace can have a significant effect on your career productivity. So, organize your workspace!

In fact, according to the National Association of Professional Organizers (NAPO), disorganization of the workspace could result in financial losses equivalent to 10% of a manager’s salary to a company. And more importantly, a cluttered desk restricts your ability to engage and even limits your brain’s ability to process information which can lead to problems at work.

All in all, there is no question regarding the merits of clearing out your desk. An organized and serene environment might be just the right dose you need to get yourself motivated and succeed at your job.

1. Start With Your Computer

When thinking about organizing your workspace, the first aspect that comes to most of our minds is our office space or the desk in particular. However, the one thing that we use the most is our computer/laptop. If this go-to device is disorganized, then it could be the primary source of experiencing distraction even at a dream job.

So, the first thing you want to do is organize your computer storage. Start by assigning separate folders for personal and office files. The last thing you want to do is send the wrong item to the wrong person when you are in a hurry. You should also make it a point to delete the files that you don’t need anymore.

This digital decluttering can be a part of your daily tasks so that you will have a clean monitor to come to every day.

2. Clean Your Inbox

The next crucial decluttering should happen in your email inbox. Make sure the email in your inbox is only the email you need to work with in the future. File away emails thay you have already dealt with. Keep it clean. Think of it as cleaning out your resume. Do you really need that extracurricular to be listed in your CV? Or do you want specific work experience to stand out? In fact, when you get professional help from a LinkedIn Profile Service, the first thing they would do is get rid of unwanted job descriptions and skill sets that do not matter for your application. To land an interview, you need to interest the recruiter and your future employer. In other words, you want the hiring manager’s attention to go to your career accomplishments.

Similarly, the promotional emails you receive every day might be one of the main reasons for you to miss an important message about a meeting or landing a job for that matter. When you scan through your inbox, you want it to be clean and organized, and not overcrowded. So, make it a point to unsubscribe from unnecessary mailing lists at least once a week.

Organize Your Workspace Infographic
Provided by Skillhub

3. Things you Need at Arm’s Length

One of the best ways to clean the clutter is to consider what things should be on your desk. Do you really need that dictionary or the old client files within your reach? Maybe you do not need all those pens, pencils, and highlighters when you hardly use one on an everyday basis.

Instead, you will have a clean desk if you get rid of those unnecessary items that make up the visual clutter. Even only this is a reason enough. For most people, you only need space for your computer, keyboard, mousepad, two pens, a notepad, and a personal item. Any other supplies can be kept in the storage.

4. Tag & Code

While the majority of us might have shifted to digital files, there might still be many professions that require dealing with papers. This can be a severe problem, especially when you can’t find a critical document when you need it.

That said, with all the tools and lifehacks available, it is easier than ever to organize your papers. It would be a good idea to tag them with a name or a color code. It will give you visual cues to quickly identify the file when in a hurry. However, remember to prepare a legend for which color is for what when creating this system.

Apart from this, you should also purge unwanted items, archive older files, and keep the system organized once every three to six months.

5. Get Creative With Storage

If you are one with plenty of storage on your office desk, then count yourself lucky. All you need to do is to keep your things tidy. However, if you do not have sufficient space, then consider it an opportunity to get more creative.

This doesn’t mean that you have to get a new desk or build an entire cabinet. Instead, you can keep your items organized in baskets or boxes. There are plenty available today, with different colors and patterns that can add personality and style to your workspace.

These will make your desk look cleaner, rather than having things scattered. Add a plant or two, and you have an Instagram-worthy workspace right there. You can also add storage to the walls by installing hooks or boards to attach papers.

6. Sort Your Junk Drawer

Let’s accept it: we all have that drawer where we just dump things (in theory, some don’t have one, but then, they wouldn’t be reading this).

Many of us throw things into drawers to keep them out of sight, which will give us the false impression that at least the surface of our desks is clean. However, this junk can only add up in time. It would be best for you to sit down once every month to clear out everything in these drawers. You might have to add a reminder in your calendar to do this regularly.

7. Know Your Habits

Before coming with your organizational plan, you might want to consider what your daily habits are. There is no point in keeping an item you use daily tucked away in storage. Instead, you will need quick access to them. Think of where you reach when you need a pen or a notepad—and assign their spaces accordingly.

Similarly, if you generally carry a bag, or coat to your workplace, designate a space for these things to stay out of your way.

8. Make Cleaning a Habit

Decluttering your workspace is not something that needs your attention once in a blue moon. Instead, by taking time every day to clean out, you can eliminate the mess from forming in the first place.

If you think about it, keeping aside just 10 minutes at the end of your workday can make a huge difference in maintaining a clean and organized workspace. Use this time to put back things where they belong, toss the garbage, wash the cups, and when possible, create a to-do list for tomorrow.

This might not fall into one of your ‘duties’, but it will certainly make your workday flow smoother and help you start every morning with a clear space and mind.

And if you are looking for a new office where you can re organize your office, we can help. Contact us today so we can show you how we can help you find the right office at the best price. No Obligation!