Affording A Big-Time Office For A Small Business

For small businesses in a never-ending fight for clients, first impressions mean everything. So when a home-based fiscal planner wants to startle a multimillionaire CEO, talking stocks at the corner coffee shop just won't do. Trouble is, an one-man shop wont be able to afford a well-appointed office at a prestigious business address.

As National Small Business Week recognizes the more than 25 million entrepreneurs who devise the foundation of the U.S. economy, it's ironic that high-priced commercial real estate keeps many of them from understanding their potential. But the rules are shifting now-a-days.

Here are 3 ways a soaring number of innovative entrepreneurs are leaving the coffee shop, and still keeping in the black.

1. Outsourced Offices: Fully furnished, ready-to-use office space is the definite solution for small-business owners who require a professional place to branch out and get serious, even if it is on a part-time basis. With the business center supplying everything from furniture to IT support and an assistant, capital is minimal. And since the terms are on a monthly or daily basis, there's no danger of getting glued in a long-term loan. Small-business owners can create their own office plan that meets their specific needs.

2. Facilities that Fit: What about small-business owners who already have an office but cannot afford the professional facilities that big companies take for granted? "A recruiting specialist who needs to conduct interviews across the country can skip the plane ride and book a videoconferencing room," said Dixon. Similarly, consultants and trainers can have sessions in fully stocked conference rooms reserved by the hour or the day.

3. Permission Anywhere: The technological revolution has constructed legions of mobile professionals whose offices are hotel rooms and airports. But even the best tech savvy road warriors can wish for a real desk, a desk phone and a secretary. From Hoboken to Hong Kong, some outsourced office providers have locations worldwide, so business nomads regularly have a productive place to plug in and talk with clients.

While the overhead of long-term leases once kept small businesses seem small-time, today's entrepreneurs are using imaginative office strategies to bet their claim alongside the toughest players in their industries.

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