Press
Release Source: Office Business Center Association International
If Your New Year's Resolution Is Growing Your Business, Moving
It From Home- Based to Office Business Center Is a Great Way
to Start, Says OBCAI
Thursday December 28, 11:05 am ET
MT. LAUREL, N.J., Dec. 28 /PRNewswire/ -- With the New Year
about to become a reality, many business owners will be making
resolutions to earn more money, put out a better product and
perhaps even expand their companies. For the home-based business
owner, all of these goals might be better achieved by doing
one thing in 2007 - moving the business from the garage or basement
to a professional office space.
"The trouble is, for many home-based entrepreneurs, the
cost buying or leasing of commercial real estate can be prohibitive.
But that doesn't mean a New Year's resolution to expand the
business has to go out the window like those other promises
to lose weight or quit smoking," said Mike Moore, President
of Office Business Center Association International (OBCAI),
the non-profit association representing the office business
center industry. "Office Business Centers (OBCs) can help
start-up business owners put the 'solution' back into their
New Year's 'resolution.'"
OBCs offer home-based entrepreneurs the ability to move into
a more professional environment without the huge investment
of time and money that purchasing or leasing commercial real
estate can entail.
"The cost to rent an OBC is about half of what it typically
takes to equip and staff a commercial space," said Mr.
Moore.
In addition to the economic advantage, there are many other
benefits to using an OBC:
--
The business' image is improved: Moving to an OBC
can mean
entrepreneurs finally have a place to entertain
clients without
having to invite them into their homes. The more
professional setting
ensures that clients view the business as legitimate
and established,
and not as a fly-by-night operation.
-- Valuable work time is not lost on setting up
the new office:
Entrepreneurs can focus on what they do instead
of where they do it,
since most OBCs come fully furnished and already
have phone and
Internet service. Some even offer a receptionist
as part of the
rental agreement, so there's no need to hire additional
staff.
-- As the client base expands, so can the space:
Most OBCs offer
customers flexible leases, so they can add office
space as their
business grows.
-- A huge financial commitment isn't necessary:
OBCs do not require
multi-year leases, expensive lease-hold improvements
or make-ready
expenses.
-- No need to worry about overhead or maintenance
issues: Business
profits can be used to expand the business, rather
than saved for
overhead. Entrepreneurs who use OBCs pay rent to
the Office Business
Center manager, who takes care of all the utilities,
grounds keeping
and other ancillary expenses.
-- OBCs are typically located in easy-to-find, high-profile
areas: By
relocating to an OBC, a home-based entrepreneur
doesn't have to worry
about his or her business being out of the public
eye. In addition,
OBCs are often located in areas that are convenient
for customers to
reach.
-- Networking opportunities abound: Entrepreneurs
might find potential
clients, friends or mentors among the other business
owners who use
the same OBC. Moving a business out of the home
helps alleviate the
sense of isolation entrepreneurs might feel while
working from home.
-- Business owners might benefit from establishing
a separation between
work and home: Being able to leave an actual office
at the end of the
day can help many entrepreneurs strike a much-needed
balance between
their business and their personal lives. In addition,
many find they
can operate more efficiently when work is taken
out of the home.
Entrepreneurs looking to fulfill their New Year's
resolution to expand their
business can find out more about the OBCs in their
area by utilizing the
resources that OBCAI provides.
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