Why do people leave a business? It’s an old question that’s asked time and again. The problem of losing good people has blighted many businesses over the years and it’s widely accepted that the biggest single cost for all businesses is its people. So why is it that your best people just decide to leave?
When you set out on your journey to find a new or alternative office space it’s easy to think that the process can be quick and simple. In the last ten years the number of flexible workspace providers has risen by 14%, helped by the rise of successful businesses like Wework, amongst others. Recent growth in London has been outpacing most of the rest of the UK, and with many providers also growing the number of locations they have on offer, the choice can feel a little overwhelming.
You don’t have to be a FTSE 250 or a Fortune 500 company to have a contingency plan in place in case the worst should happen. More and more SME businesses are drafting their own business continuity (BC) plans to ensure their businesses continue even in the worst case scenario.
Workspace options have undergone a huge amount of change over the last five years. With the explosion in collaborative co-working spaces and the development of “pay-as-you-go” services from providers like WeWork, it’s fair to say serviced offices have had to do a lot to keep up.
When you start your office space search there are many things to consider before you sign on the dotted line, not least location, which should be top of your list. So if you get the location right how do you shortlist the best options?
The UK’s growing £30 billion recruitment sector has been using serviced offices for some time now. The sector has been quick to expand following the downturn with growth of around 10% forecast for 2015/16 and more in the year ahead. But even with expansion this thriving industry is still keen to ensure they optimise the value and flexibility in their office space.
These days most businesses are using one or more social media platforms to various levels of success. As a method of driving traffic to your website, social media has been proven to deliver up to 30% of total traffic according to a survey carried out by Shareaholic.
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Grasping the pace of change in tech development is becoming a skill we all have to master. But putting this new tech to work to help enhance your business and drive performance and productivity is still something many businesses have yet to do.
It’s fair to say that the choice of office locations in London can prove to be quite daunting and making the right decision about your new business address is really important for your company’s future growth.