Most successful startups will tell you that they had to make a lot of bold decisions and hard sacrifices in order to survive. Indeed, we aren't going to sugarcoat it - 90% of startups are likely to fail. There are a lot of factors that can go into the demise of a new company, one being the inability to have a professional appearance while on a budget.
You need your clients to know that even though you are a new company, you are professional through and through. No one wants to make deals with people who can't take care of themselves, after all. The ability to maintain a professional appearance involves the following: being well dressed, a well made website, slick business cards and the ability to invite them back to a nice professional workspace.
Of course, usually all of these come at a high cost.
The biggest item on the list is the ability to bring your clients back to that great new modern office. If you are a new company, you don't have the resources of your well-established competitors. Hiring a receptionist, buying nice new desks and chairs, and renting an office space downtown are very expensive moves. A lot of businesses will make these bold decisions, putting a lot of their company's money on the line just so they can put themselves in an office space that is well outside of their means. These decisions don't have to be as bold.
We're here to tell you there are options to save money and still provide the professional workspace and amenities for your employees that will impress anyone you bring in.
For new companies, working out of the home may be the most crucial sacrifice for the time being. Apple computers started out of a garage. When you don't have the resources yet for a professional physical office space, a virtual office provides you with the appearance of just that.
A virtual office gives companies the opportunity to work at home or wherever they wish, with access to the physical address and amenities of a high-end office. Your business card will say you have a downtown address and if you wanted to meet your client there, you will have the option of renting the conference or boardroom.
With a remote receptionist, physical mail notification, and meeting rooms ready to rent, virtual office services have been optimized and proven to help small businesses survive.
If you have a few more employees you need to keep track of, then perhaps a virtual office just won't crack it. However, a shared office solution will put all of your employees to work under one roof at a fraction of the cost.
Shared office spaces offer the flexibility for companies to rent as much or as little space as they want. This makes it much easier to sustain growth for your scalable business.
Workplace One offers shared office space in Toronto and Kitchener, at an affordable price. All of our offices are modernized, have access to all the amenities and services of any large company's office space, and are located in the prime business locations each city provides.
Don't let the costs of looking professional get in the way of your startup's success. If you have a new business and are looking for ways to provide a professional appearance but are tied to a strict budget, we invite you to look at the Kitchener or Toronto virtual office and shared office solutions Workplace One provides. We provide the resources and the flexibility to make your business not only survive, but thrive. Contact us today to find the right workspace option for your business.