Category Archives: Alternative Workplace Strategies

4 Ways To Reduce Unnecessary Small Business Costs | Davinci Virtual

4 Ways To Reduce Unnecessary Small Business Costs

Reducing unnecessary small business costs doesn’t have to be complicated. Often, cutting out unnecessary expenses can go a long way toward improving your bottom line. A variety of considerations, such as going paperless and utilizing virtual office spaces, to marketing online, can add up and make a huge difference. If you’re looking for ways to maximize profitability and efficiency by while reducing costs and overhead expenses, keep the following steps in mind.

1. Go Paperless

The cost of paper might seem minimal when compared to other expenses, but it can add up to a large sum over time. Going paperless is not as drastic of a change as it might seem to some business owners. In fact, you can perform your daily functions in virtually the same way—without the extra cost. Technology has come a long way over the last few decades, and competitive businesses are taking advantage of new tools and services to run more efficiently and effectively.

The Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective & Visible | Davinci Virtual

The Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective And Visible

Today’s entrepreneur has a much wider reach thanks to mobile solutions that give them the ability to do more with less. The bottom line?  These up-and-comers are competing with the big dogs like never before—and sometimes they even become big dogs, too.

But it all starts with using new and emerging technology to save money and increase market presence.

The Mobility MovementThe Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective & Visible | Davinci Virtual

Armed with the ability to accomplish nearly every single business-related task by using a smartphone or tablet, today’s entrepreneur is nothing if not mobile. Technology is fueling this movement, thanks to cloud-sharing software, apps that enable real-time collaboration and GPS systems that allow you to virtually travel more efficiently with coworkers by signing into Facebook. And when small-business owners and entrepreneurs need work spaces, they can rent them for small one-time fees through virtual office services like Davinci Virtual.

Three Ways Technology Levels The Playing Field For Small Businesses

With over 23 million of them in the U.S. alone, small businesses have become big business. And technology is making them competitive with larger, more established companies.

Think about how different people work today as opposed to ten years ago. IT costs to set up a domain and server? Gone. Now you can use your smartphone to access your email, share documents, videoconference, access your calendar and much more. And with mobile and virtual solutions, small businesses can operate from anywhere in the world, professionally and efficiently.

Three Ways Technology Levels The Playing Field For Small Businesses | Davinci VirtualMobility Is A Game Changer

Next time you’re in public, look around you. Notice how many people are either using their handheld device or a tablet. Sure they could be texting a friend or playing Candy Crush, but many of them are working. Those handheld computers are allowing small business owners to not only work on the go, but do more and spend less—especially if they take advantage of the plethora of available business apps.

Alternative Workplace Strategies Gaining Ground

ATLANTA-Commercial real estate strategies are shifting. Alternative workplace strategies are the buzzwords moving forward. Telecommuting, virtual offices, workshifting, the mobile workforce. All of these elements are colliding in a perfect storm—and it’s changing the ways corporations use commercial real estate.

“Companies are focusing on two things: employee satisfaction, and productivity and teaming. They are increasingly looking at their office space to help them attract and retain the best talent,” Co-Star reports James B. King, principal of AREA Advisor, as saying.

King also pointed to salesforce.com as a futuristic company, calling it one of the most successful cloud-based computing firms today. He also used Microsoft, one of the largest companies in the world, and Google, one of the most innovative companies in the world, as examples.

“It’s all about empowering sales people to connect with customers digitally, but it wants its employees in the office at least two days a week, because it’s a new company and it’s still building its culture,” King says.

Top 10 Considerations for Alternative Workplace Strategies

CHICAGO-Alternative workplace strategies and virtual offices are gaining momentum in the down economy. But it’s not just the down economy driving AWS forward—it’s the changing face of the workforce. The world is global, mobile, virtual, and moves at lightning speed.

“The basic premise of AWS is using less real estate to support more performance,” writes Tom Mulhern, a strategic planner in Gensler’s Chicago office. “The people are happier because they spend more time being productive in places outside the office—client sites, home, coffee shops nearer to their homes—and less time commuting and polluting. When people do come into the office, they use their time to collaborate and build connections to each other and to the organization’s culture and brand.”

In Mulhern’s article, he outlines 10 important lessons his firm has learned from its experiences with alternative workplace strategies I’ve outlined them here. You can read a fuller account by visiting the original article. But here are his thoughts in summary:

Celebrating Alternative Workplace Strategies on Labor Day

At Davinci Virtual Office Solutions, we like to honor companies that are offering alternative workplace strategies for employees. So what better to write about on Labor Day than a company that is offering flexible workplaces?

The Novo Group won the 2011 Alfred P. Sloan Award for Business Excellence in Workplace Flexibility for its use of flexibility as an effective workplace strategy to increase business and employee success. The award recognizes companies in the Chicago area.

“We value our employees and work hard to maintain a company culture of open communication, truth, respect and fairness,” Cindy Lu, president and CEO of recruitment firm The Novo Group. Novo offers alternative workplace strategies like work-from-home schedules, a condensed workweek, or creative approaches for childcare.

According to the Families and Work Institute (FWI), workplace flexibility—such as flextime, part-time work and compressed workweeks—has been demonstrated to help businesses remain competitive while benefiting employees as well. Virtual office space plays right into those strategies.

Flex Hour Telecommuting Jobs Meet the Virtual Office

I just read about a new initiative from FlexHourJobs.com—and I discovered some truly great news for telecommuters and part-time job seekers who want to work from a virtual office rather than battle the traffic everyday.

Check this out: This fall FlexHourJobs.com is focusing on helping seniors and parents find flexible job opportunities. FlexHourJobs.com launched about a year ago and is making a name for itself in the telecommuting, work-from-home market. The service is free for job seekers—and it’s idea for virtual office users who workshift.

Why is FlexHourJobs.com focusing on seniors and parents. Consider the statistics:  41 percent of Americans are living in poverty and 5.3 million kids are affected by foreclosure. What’s more, almost 25 percent of the total U.S. unemployed are over 50 years old, which is the highest number since the depression. And about 17 million middle class families are on Medicaid.

Strategies Webinar Looks at Office Space Demand Shift

The big shift in office space demand has begun. That’s the premise behind a webinar from Deloitte & Touche that explores alternative workplace strategies.

Bob O’Brien, a partner at Deloitte & Touche, hosted the webinar, which offers new insights into what could be a permanent change in the real estate market for office space.

Deloitte points out that employers have been exploring alternative workplace strategies, which can have a dramatic impact on the demand for office space, for more than 20 years. The virtual office is part and parcel of this shift. Virtual offices allow mobile workers to stay tapped into the parent office no matter where they go without missing a beat.

Virtual offices have been a popular alternative to traditional office space for many years, but virtual office space gained major momentum during the Great Recession. Deloitte asked an important question: As the economy improves, will alternative workplace strategies continue to reshape real estate markets?