How Young Entrepreneurs Can Save on Space

space

When you are starting out as an entrepreneur, one of the biggest concerns you have is a space to work in. If you are growing and bring in more employees, then that becomes an even more pressing issue.

You don’t have to get disheartened if you can’t afford to rent a good office space. Not many people have enough funds in the beginning to get the best of everything. With digital advancement, this issue has almost become a non-issue. This gives you the opportunity to get creative with the traditional idea of having an office.

Work from a Home Office

If you are one and the only one working and don’t have to worry about other people, then you can very easily turn your own apartment into your office. If you have a spare bedroom, then that can make for a proper office room. 

Many people nowadays are turning one of their rooms into office areas even when they have a proper office. This helps keep your living area and working area separate. Even if you don’t have a spare room to turn into your office, you can still effectively keep the areas separate. Have a dedicated desk and chair, either in your bedroom or your living room.

Work from Coworking Spaces

Some people face problems when they have to work from home. It does not help them be productive enough because they don’t have a clear designation of space and also don’t have people as company.

If this is your issue, then you can join a coworking space. The collaborative environment gives you an environment that is dynamic and comfortable. It helps you be a part of the working culture while giving you the opportunity to do your own.

If you have employees working for you, even them renting an office space in a coworking space is much more affordable than renting an office. When you rent a space to turn into an office, you have to invest in furniture, stationery, electronics, basic necessities. You will also have bills to pay – water bill, electricity bill, wifi, building maintenance, snacks – along with your rent.

With coworking spaces, the furniture, light bill, water bill, wifi, cleaning services, etc. are all taken care of. All you pay for is the rent and every other amenity is included. So, this can help you save money while having top-class facilities.

Work from Cafes

If you work alone and can’t work well from your home and can’t afford coworking space, then cafes are your best bet. You get the same treatment as a coworking space. You get a great sitting area, light, ac, wifi, and washroom. Instead of paying rent, you pay for coffee and snacks. This is a more affordable option than coworking. You even have the company of other people working there just like you.

Final Thoughts

The times have gone when having an office was a symbol of being serious with your venture. Everything turning digital gives you an opportunity to keep all transactions and communications online. This helps you save money big time. This can be a great help when you are starting out.

What is the Most Effective Yet Cheapest Tool for Marketing Small Businesses

marketing team

This post is aimed at empowering you to apply a set of free small business marketing ideas without breaking the bank.  

It is a very good thing to have an attractive product or service, but it will never be enough to make your business more sellable unless your potential customers get to know about it. 

That is precisely where small business marketing comes in. Having said that, small business marketing is not an extremely tough thing to do. It does not take a rocket scientist to figure that out. But neither is there a magical marketing wand that you could wave to accomplish instantaneous marketing success or one-size-fits-all solution. 

Unfortunately, it is the most important challenge facing small business owners. And to make things worse, marketing success is not guaranteed. 

Every business is different and every customer is different, so figuring out which method or idea is going to turn it around for each company is anything but impossible. Regardless of the business, you are in, you need radical marketing strategies to take home a bigger pie of the market share. 

If you are competing with bigger brands in the race to get noticed, you need to think of resourceful marketing ideas such as word of mouth marketing that can help you make a huge impact on a shoestring budget. Your employees are a big asset. Happy employees who rejoice in what their company has to offer and take pride in it are a good sign for potential customers. They bring in more business.

For small business owners, who are prepared to (get their hands dirty) build and maintain a solid platform for marketing, there is an impressive collection of free creative marketing ideas, tips, and tricks to help you achieve long-term success in your marketing efforts. 

There are a lot of channels that don’t even require you to go the extra mile to build a following that can turn into profit. You can use social media to build a personal brand if you don’t even have the resources to use social media to your business’ benefit. You don’t need a lot. Share things about your life, about what you do with the people online. Talk about your brand or business, but don’t push it.

This helps you make a genuine relationship with people and they are happy to turn into customers. When the customer trusts you and your product or service, then the customer is a loyal customer. And one loyal customer is worth 10 undecided ones because when your competition bangs on your door, this one person is going to stay while others leave.

Final Thoughts

People are the most effective yet the cheapest source of marketing you can get. You have to learn to use it to your benefit. Making connections is the first and foremost, business comes second.