There’s no denying that finding work-life and home-life balance is a struggle for many parents. Moms and dads want to be home with their children, but also have to make space to earn a living. Thankfully, the labor market today is evolving, and there are more opportunities for accommodating work styles than ever before. Many young professionals are taking up the banner of entrepreneurship, starting their own businesses, and opting to work freelance rather than be tied to an employer.
Is there anything worse than wasting your time (and everyone else’s) at a meeting that ends up being colossally unproductive? The meeting started late; there was no clear objective or agenda; no one knew who was in charge, and ultimately… nothing was accomplished that couldn’t have been done in an email.
Meetings like this leave everyone with a slightly sour feeling and instill dread in your team around the next meeting that rolls around. Luckily, it is possible to run a meeting that accomplishes your goals, provided you go into it with a little forethought.Read More
Every successful business is backed by a strong team. A business can’t survive without one. However, strong teams don’t just happen. They are cultivated, using intentionality and purpose. One of the best ways to help a team bond and become stronger is to plan team-building activities that are outside the normative environment of “work.” While team-building events take some extra time away from work and require planning, the payoff in your business can be huge.
Not only do team building activities help break down barriers between the people that work for you, but they also help foster better communication, provide a boost of motivation, and help with employee retention.
If you have never heard of HUBZones and have no idea why you should even care, keep reading for a mini crash course. Although getting in bed with the government isn’t always a good thing, in this case, it could be beneficial for you and your business.
What is HUBZone Exactly?
HUBZone is an acronym that stands for Historically Underutilized Business Zone Initiative. It’s a program put into place by the U.S. Small Business Administration as a way to breathe life into rural and urban communities, including Indian reservations, that suffer from high unemployment rates and low incomes.
Coworking spaces have exploded in popularity over the past few years and are almost considered the new normal for most entrepreneurs. As a savvy broker, if you’re looking to make a play in the realm of startups and find the next business superstar, coworking spaces are where it’s at.
They are growing pools of entrepreneurial genius and potential, just waiting to be tapped. By creating solid relationships with up and coming clients in the early stages of their business, you position yourself as a trusted resource when that business grows. Fostering early relationships like this helps make way for more lucrative partnerships down the road.
For the savvy entrepreneur, every activity outside the four walls of their home is a networking opportunity. Coworking spaces are excellent places for connecting with others because there are so many like-minded individuals gathered in one location. It’s a great environment to chitchat, trade ideas, get feedback and recommendations, and cultivate meaningful, authentic relationships.
Think about it. You’re working. They’re working. Conversations start happening and before you know it… everyone is networking, without even realizing it. Although there’s nothing innately better or worse than traditional networking opportunities, you might find the connections you forge are just a little deeper when they happen organically. Forced relationships never go the distance.
District Offices’ Capitol Hill Location Wins 2019 Coworking Space Members’ Choice Awards for Coworking Spaces
Just a half-block from Union Station, our Capitol Hill (10 G St.) location is in a prime spot surrounded by hotels, restaurants, and shops. The building has top-notch amenities including a rooftop terrace, a walkway connected to Union Station, and on-site underground parking.
The “Best Coworking Space” award is given to only one coworking space in each city. Spaces were ranked this year by a combined, weighted score based on votes from members of the space, survey results, and reviews.
Fail to plan and plan to fail. Seems harsh, but it’s true. Every business needs a business plan. A business plan establishes order and helps you get organized and focused on your business goals so that you maximize your chances for success. Even companies that have been in business for a long time should be updating their business plan at least once a year to refocus.
A business plan helps you streamline marketing and growth strategies, detail business objectives, and outline the next steps you need to take. Crafting a business plan is also helpful for defining your target audience.
If there’s one thing you should seriously consider, it’s getting an actual address for your business. Even if you do 95% of your work at home, in your underwear, propped up in bed, that’s okay. Your clients and partners don’t need to know the dirty details of how you serve them, only that you’re fab at it.
Keep it Separate
While it’s not unheard of to use your home address as your business address too, there are strong arguments against it, mainly centered around the issue of privacy. Public records will link to your address, and it’s much safer to have your business address listed publicly than your home address.
Congratulations, you’ve bitten the bullet and invested in your own private office. One of the glories of having your own office space is that you can make it your own. When someone enters your space, they should be able to tell exactly who they are doing business with.
We know its no easy feat in a location surrounded by other fellow entrepreneurs. When you’re renting a private office, you can’t exactly go for a major renovation, but there are plenty of ways to brand your space.