3 Ways To Prepare Your Small Business For Future Growth
So, how do you prepare your small business for future growth? After acquiring a cheap office space for lease, many people starting businesses worry that they don’t have sufficient skills and knowledge on how to run them. However, we all learn as time goes by – so it’s completely fine to take it slow.
Still, you must still be aware that preparing your business for future growth is important, so that you can ensure the sustainability of that growth. Hence, you must be prepared to ensure you grow your business smoothly and steadily.
Here are three ways you can use to prepare your small business for future growth:
Get the right guys on your team
The people you work with will determine whether you make progress or not. Having positive and sharp-minded employees are what you need to take the business to the next level. As you are hiring staff, you have to consider people who align with your business’s goals and future plans. Evaluate your applicants using metrics that weigh their interest in the business, rather than on the job – this would go a long way in ensuring drive and commitment.
On the other hand, take another proper look at your workspace to see what else you stand to gain from it. For example, if you decide to rent with Work+Store – we are committed to bringing you the cheapest self storages and workspaces so you won’t go over your estimated budget. But that isn’t the only perk to be enjoyed with us; you’ll also get to work in our workspaces that also act as ancillary offices – allowing you to work in a conducive environment, effectively completing different duties in the same space. Our flexible tenancy terms allow our tenants to opt for a short tenancy period and convert their existing spaces – be it a self storage or workspace, via contract transfer within our property or our parent organisation, LHN Group, where a business owner gets to choose from a wide collection of services and products like an event location, pop-up shop venue rental, and more.
Get your workspace ready
Depending on what your business deals in, it is imperative that you get the needed workspace early enough. This includes factoring in aspects like cost, convenience, and the like, as this will matter over the course of your business. For example, with a great location – both employees and customers can make their way easily to your establishment, and this satisfies both parties.
At Work+Store, our Zero Deposit Guarantee offered to tenants presents a cost-effective solution which lets you have additional funds to support other business expenses. If you look towards our workspace rental, you will also be able to enjoy all-inclusive rental charges which consist of a powerpoint, lighting facilities, and air conditioning. We are also able to accommodate to your convenience as we have 10 locations across the country – from 72 Eunos, 100 Eunos, Tampines, Bartley, Upper Thomson, Bukit Merah, Kallang, Ang Mo Kio, Pasir Panjang, and Aljunied. Meanwhile, if you’re looking to get a cheap office for rent – our workspaces at Ang Mo Kio isn’t just having a discount of up to 30% off; but you’ll get to enjoy numerous facilities like our exclusive, in-house canteen, 4 passenger lifts and 3 cargo lifts. We’ll also be having a new Work+Store building at Toa Payoh, which is close to many food choices and close to MRT stations like Braddell, Toa Payoh, and Caldecott train station. Additional information will be updated nearing the completion date of the property.
Craft a plan and a mission statement
Knowing what your business or company focuses on is a key part of getting it to reach its full potential. This is why having a well-crafted plan and mission statement comes into the picture. It’s hard starting a business, but even harder, starting one without a clear plan and mission statement.
Likewise, you want to ensure that you have secured the right size for your workspace. Work+Store has a selection of the cheapest self-storages and workspaces where sizes for self-storages span from 6 sqft up until 730 sqft, and workspaces start at 88 sqft. All self-storages and workspaces also come with round-the-clock CCTV surveillance and accessibility. When work and storage are brought together in a single space, it’ll help to boost customer satisfaction levels as you’ll notice an improvement in logistic procedure and goods acquisitions.
It’s always to make preparations early on so your business has all that it needs from the start and succeed in the future. Follow these guidelines for a start, but do note that you’ll still have to keep learning over time and figure out how you can enhance business operations or services.
No matter the situation, it’s important to get everything prepared so you can be ready for any setbacks. Business issues aside, this also applies to the global pandemic that’s putting a strain on the economy worldwide. While that remains as one of the primary concerns, so is your employees and own health and safety. So, make sure you are always informed about the recent news, updates, and measures surrounding the COVID-19 crisis, so you know what’s the next course of action to be taken. With everyone’s cooperation, we can help minimise the cases and slow the spread of the virus.
If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at email@example.com for more information!