Archive for March, 2010

Spring cleaning for your small business

March 17, 2010

Here in Chicago, spring is in the air.  The increasing sunshine and warmth are happy reminders of the growth we’ll soon see in flowers and Trees.   The courtyard at Tree Studios is looking particularly promising right now.  For small business owners, this time of year signifies a few challenges, too.  Taxes are nearly due, New Year’s resolutions have been forgotten and piles of paperwork likely need to be shed (or shred!).   Kick start your own growth season with some spring cleaning; it’s a great time to eliminate the unnecessary clutter and institute good practices for your small business.

To ready yourself for tax season, visit the IRS’ small business and self employed tax center and participate in a quick virtual workshop.  Even if you have an accountant, you need to be apprised of the process and the government’s expectations for you as a business owner.  There are also good guidelines for record retention.  Paperwork that should be retained can be scanned and converted to electronic form so the paper can still be put in to the recycling bin.   

Are you making regular back ups of your important electronic files?  The process can be quick and easy with a small flash drive or more comprehensive with an external hard drive.  Specialized back up software is another option.  Whatever you decide, pick a regular back up schedule and put it on your calendar.

Another way to renew your business momentum is by reaping the benefits that come with a great office location and efficient work environment.  Contact The Suites Collection for a tour of our three outstanding office centers and let us handle your administrative concerns while you focus on building your company.


Incubate your business

March 9, 2010

We got some exciting news today at Tree Studios.  One of our favorite tenants, a strong company that has been with us for three years, will be moving out soon.  Why are they moving?  Their business has done so well that they are expanding their staff and transitioning to dedicated office space.  Though it is bittersweet for us to loose them, we know that one of our highest values as a shared office provider is providing a safe place for fragile start-ups to flourish.

What motivates your dreams of entrepreneurial success?  Is it the desire to be your own boss?  Do you wish to imprint your talents and ideas on the world?  It is not likely that the prospect of researching phone systems, leasing copiers and ordering office furniture drives you to start a company.  With all of the hats small business owners must wear, organizing and maintaining the office is understandably low on the priority list. 

Some companies may always consist of one or two individuals, some may increase or decrease depending on seasonal and project demands.  Especially in an economic climate like ours, many people are pursuing their dreams of entrepreneurship because they’ve lost their job.  Our offices, services and prime locations offer a support system to these small and burgeoning new companies.  We have special furnished start-up offices at Court House Executive Offices that are move in ready and include your telephone and internet connection. Change can feel daunting, but at the same time exhilarating.  If it’s time to make a change and you want to find an environment that encourages you to grow, give us a call and we will work together toward building your dreams.