Office Space Rental

Deciding on the right office space for your business is not a decision that should be taken lightly. The location, the size and the type of office space can have a huge impact on the day-to-day running and ultimately the success of your company.

Office Space For Rent Directories

The web is full of office space for rent and a multitude of companies renting out offices in various locations across the country. Office rental directories can be a great help as they list the numerous office provider companies and office developments without having a vested interest in any specific companies, or what they offer. They are there purely as a means of providing helpful information and comparisons between the different commercial office providers.

What Can Virtual Offices Offer My Business?

Some important selling points for virtual offices are as follows:

1. A prestigious address for your business.

2. All your telephone calls will be answered in your Company name, by a professional.

3. Ability to rent meeting rooms by the hour to host those all important meetings.

4. No need to take out a costly lease.

5. Your business is up and ready to operate in no time at all.

What Can A Serviced Office Do For My Business?

The main selling points for serviced offices are as follows:

1. Fully furnished with internet connectivity and ready to go telephone lines, on top of all office furniture including desks, chairs and filing cabinets.

2. Simple management of the finances as the monthly rental outgoing is inclusive.

3. Professional security is included in the serviced office rental package.

4. Ability to easily expand your space as and when your business requires it.

5. Maintenance costs are all included in the set monthly outgoings.

As you can see from the above, different businesses will have different requirements and therefore the type of office space that suits one, may not another.

Final Thoughts

Remember to use office provider directories to compare the various companies, and then visit the websites of any companies that catch your eye. You’ll know immediately whether you want to submit an enquiry with a particular company – their website is usually a good indication of the type of company you’ll be dealing with. If you don’t like what you see – move on. There are plenty more out there. If the website looks good make an enquiry. How helpful the company is at this early stage will be another good indicator as to the sort of setup you’re dealing with.

The Costs

The cost of rental will vary so this is another reason to search around, and remember that it’s currently a searchers market and there are deals to be had!

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The City of San Antonio recently opened a new community development office that is designed to aid local businesses in taking advantage of all of the economic opportunities available throughout the region.

Workforce Solutions Alamo, which is part of the Department of Defense’s Base Realignment and Closure program (BRAC), is part of an effort designed to revitalize Fort Sam Houston and East San Antonio, will help local residents learn about job opportunities at the Army post; the military is now consolidating and relocating its medical training mission to Fort Sam Houston, thereby providing residents with a plethora of job opportunities. The BRAC program is expected to generate more than $3 billion dollars in the San Antonio economy.

In addition to providing jobs for residents of San Antonio, the BRAC program may also benefit local companies. In particular, the program will teach business owners about ways in which they can work with the Department of Defense.

The Positive Economic Impact

The economic impact on SanAntonio is expected to be significant with the introduction of this new program. As a result, the Fort Sam Houston Community Development center will begin to bring general awareness of the program so that BRAC can ultimately provide new jobs and encourage business investment opportunities.

The BRAC program may help buoy along the SanAntonio office space market, as an increase in jobs and business will mean an increase in demand for SanAntonio office space.

Although the SanAntonio office space market fared better than other metropolitan markets across the US, it nevertheless has experienced quite a hit over the last two years. Many industry experts are therefore banking on the success of the BRAC program to provide the SanAntonio office space market with the jump start it needs.

The Boost in the San Antonio Economy

Once the BRAC construction is complete, the San Antonio economy is expected to improve by more than 150,000 qualified workers. The San Antonio economy should see a boost of nearly $15 billion.

The mission of Workforce Solutions Alamo is to “build a premier workforce in America by providing employers and residents with the opportunities, resources and services to develop and gain a competitive edge in the global economy.”

The Workforce Solutions Alamo Board “serves as the governing board for the regional workforce system, a network of service providers and contractors that brings people and jobs together.” The program represents 12 counties in the Alamo region.

Some of the services provided by Workforce Solutions Alamo include:

• Recruiting, interviewing, and referring qualified job candidates

• Evaluate the trends in the current labor market, including average salary, projected industry growth, employment turnover rates, and other pertinent data

• Provide information on both labor and employment law

• Assist in providing information and access to different tax incentive programs

• Helping to coordinate training programs for incumbent workers

• Provide referrals for training programs and education opportunities

• Assist with individualized and hands-on training

• Provide information regarding relevant Texas employer training programs, including the Self-Sufficiency Fund and Skills Development Fund

• Help to place employees from companies that are closing, downsizing, or restructuring their workforce

Workforce Solutions Alamo is designed to bring together qualified workers with businesses. This program also helps businesses find ways to save money, to improve productivity and to find a competitive edge. Ultimately, it is the success of businesses through Workforce Solutions Alamo that will help propel the San Antonio office space market and the San Antonio economy in general.

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Landlording is more popular than ever as low interest rates and stock market volatility inspire people to move money into real estate. While higher returns and stability are the attractions, a multitude of factors affect landlording success-many of which may appear particularly daunting to nonprofessionals. Real estate veterans and authors Daniel Goodwin and Richard Rusdorf offer all the resources and information any landlord needs in a single book. The Landlord’s Handbook: A Complete Guide to Managing Small Residential and Commercial Properties, 3rd edition, is an updated and expanded volume, featuring expert guidance on all aspects of the landlord business. The narrative, examples, and stories make up a valuable guidebook for landlords, property managers, real estate agents, appraisers, mortgage lenders, insurance agents, and accountants who want to: *Find the best tenants. *Collect rent and effectively manage accounts. *Make sense of insurance and taxes. *Address environmental issues associated with properties. *Buy, sell, and remodel more profitably. All the details needed to master landlording are outlined in easy-to-follow steps, written in an intelligible, approachable style. The authors also include tips on trouble-free maintenance, as well as information on the latest tenants’ rights issues concerning leases, riders, security deposits, evictions, and more.

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Business Valuation Rules of Thumb and Formula Resource Guide: An Invaluable Guide for Valuing Hundreds of Different Businesses

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This book is the only one of its kind which provides rules of thumb for valuing hundreds of different businesses. This book looks into hundreds of different industries found in the United States. In each section, the critical value drivers for a business are identified, along with the industry specific Red Flags and other risks related to purchasing a business that buyers should be aware of. For readers interested in learning about costs of operation, the book outlines key financial benchmarks for most of the business categories. Ratios for cost of goods sold, managers salaries, operating expenses, rent, working capital and profit margins can also be found in these sections. Of interest to many buyers will be the write-up sections of each industry which discuss available financing and typical terms for business loans. In our approximation, 50% of small businesses are purchased without financing, and most loans require a minimum down payment of +/- 30% of the purchase price. However, terms and pricing vary based upon the business type and time it was purchased. Typical rental rates are also provided for each type of business. At the end of each sections, the book provides information for further reading or reference that was useful to us in writing this manual. The chapters in this book are organized in accordance with the SIC (Standard Industrial Classification) numbers of businesses and NAICS codes. Chapter 1 discusses the Applicability of Rules of Thumb, Weaknesses of Rules of Thumb, Value Drivers for Businesses, Attrition of Customers, Barriers to Entry, Cash Flow Analysis & Trends, Competition, Covenants not to Compete, Franchises, Geographic Location Issues, History of the Business & Prior Problems, Industry-Specific Trends, Inventory, Working Capital and Receivables, Leases, Long-Term Contracts, Macroeconomic Trends, Options to Purchase Stock or the Business, Ownership of Premises (Real Estate) and Business Valuation, Patents, Return on Investment, Sales Trends & Number of Customers, Special Permits and Licenses, Strategic Acquisition, Terms of Sale / Financing, Adjustments, Turn-Key (Absentee Owner) Business, and a Checklist of Important Items for Valuation. Chapter 2 provides an overview of Horticulture and Animal Related Businesses. Chapter 3 provides an overview of Construction Businesses including special trade contractors. Chapter 4 discuses Manufacturing Businesses. Chapter 5 provides an overview of Transportation, Sanitation and Communication Related Services Businesses. Chapter 6 provides an overview of Wholesale and Distribution Businesses. Chapter 7: is the larges chapter and covers a number of Retail Businesses. Chapter 8 covers Finance, Insurance and Real Estate Related Businesses. Chapter 9 provides an overview of different types of Business Services. Chapter 10 provides an overview of Personal Service and Lodging Businesses. Chapter 11 covers all Automotive Businesses. Chapter 12 reviews Health, Education, Legal and Social Service Businesses. Chapter 13 looks at Recreational Businesses. Chapter 14 is an excellent primer on Buyer/Seller Due Diligence. Due diligence is the most important chapter to read and will pay for the book through the knowledge picked up after reading it. Chapter 15 provides a great overview of Selling a Business: Terms and Financing. Chapter 16 provides Typical Scenarios Used in Valuing Small Businesses such as items which need to be adjusted, when using rules of thumb. Important numerical examples include:how to use price to sales and owner s discretionary cash flow multiples, valuing a business with publicly traded comparables, how to separate the business value from the real estate value, how to account for skim, as well as other scenarios. Finally, the appendix presents all of the major references used with the addresses and telephone numbers for finding them.

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The CompleteLandlord.com Ultimate Real Estate Investing Handbook

This book is an excellent introduction to real estate investing. It doesn’t concentrate on only one type of strategy; instead it introduces you to many different strategies and methods such as pre-foreclosures, foreclosures, short sales, tax liens, and tax deeds. I thought that the chapter on financing alternatives was pretty good. The author explained self-directed real estate IRAs, 1031 property exchanges, and tenants-in-common arrangements. If you are new to real estate, you might not realize that you can own real estate in your IRA or that when you sell a property with a gain, you may be able to defer paying capital gains if you purchase another property through a 1031 exchange. You cannot use the 1031 exchange option when buying and selling stocks. Sophisticated real estate investors will not buy a property unless the numbers work. The author explains how they do it by introducing you to terms such as net operating income, capitalization rate, cash-on-cash return, and gross rent multiplier.

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