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New Business Owners: Do These Things First

new-business-owners

You finally did it. You took a risk and started that business you’ve been contemplating for years. Maybe you’re still looking for a Phoenix office space, hiring your team, and simply trying to get your feet under yourself. After working with many different organizations and helping brand-new to decades-old businesses find their Phoenix commercial office spaces — plus using our experience from managing our own business — we’ve formed a list of tips new business owners should know.

 

Without further ado, let’s dive in.

 

Don’t Do Everything
There’s plenty to do as a business owner. There’s also plenty of things you shouldn’t be doing. A common mistake many business owners make is trying to do everything.

 

Each person is different, but accounting and finances are often something left to the professionals. Often, businesses close because of finances. You may think you’re doing things right, only to discover, down the road, that you’re operating at a loss. Save yourself a headache and financial stress and hire a professional.

 

Other things to consider are time and talents. Sure, you might be able to schedule a few “quick” social posts, but are you monitoring how much time that actually takes? Plus, maybe someone could do it better. Make sure you’re constantly aware of where your time is being spent.

 

Put Agreements in Writing
While this may sound tedious, boring, and overprotective, there’s a reason why every functioning company puts agreements in writing. If it’s done correctly it makes things clear for both parties and sets expectations for the client. Invest your time and efforts now on this portion of your business and consider hiring an attorney to help.

 

Find a Mentor
If you don’t have someone to talk to that’s been where you’ve been and overcome the same difficulties, you may be missing out on second-hand learning opportunities. Find a local mentor that has accomplished what you want to be doing in five or ten years.

 

Find the Right Space, At the Right Time
Make sure you’re thinking about your location in terms of convenience for your clients and consider what a potential Phoenix office space says about your company. Sometimes, landlords have stipulations against changing a space too much. Finding the right fit can take time, so don’t rush into this decision!

 

Get Up Quickly
It’s a fact of life that mistakes will be made. Especially when you’re running a business. The difference between successful business owners and those that fail is how they react to failure. A successful business owner will bounce back; they’ll learn from the experience and apply the lessons learned towards their business.

 

Think Locally, Grow Gradually
Develop your business in the local market first. If your business develops quickly and you see success, make sure you have strong foundations before growing too quickly. Start with a strong, efficient small business and grow into a strong, efficient large business.
From finding a Phoenix commercial office space to overcoming a failure, being a business owner is a nonstop job. Are you a business owner? Have any tips we missed? Let us know by commenting on our LinkedIn page. If you’re searching for a Phoenix office space, please contact us!

 

Photo source:  https://www.pexels.com/photo/beautiful-businesswomen-career-caucasian-601170/

If you find yourself dealing with stress at your Phoenix office space, try these 10 tips on the Camroad Properties blog.

Let’s face it, no industry is safe from workplace stress. When you find yourself feeling down or overwhelmed at your Phoenix office space there are many things you can do to get yourself out of a funk. Because we work with many organizations through our Phoenix commercial office real estate business, we thought it would be helpful to share tips to destress at the workplace.

 

Sunshine Folder
If you find yourself feeling like you can’t do anything right, start compiling the kudos you receive from clients, coworkers, and your boss into a “Sunshine Folder”. That way, you can look back at the impact you’ve made and feel confident when stress hits.

 

Smell The Stress Away
Have you ever caught a whiff of lavender and notice your entire body relax? Scent can be a powerful tool. Stash a bottle of essential oil that helps curb anxiety at your desk. When you’re feeling stressed, place a drop or two on your palms. Form your hands into a cup shape, place them over your nose and mouth, and breathe deeply. You can also use a diffuser at your work station to continually smell the relaxing oil.

 

Laugh
Clear your head and uplift your spirit by laughing. Watch a short video on YouTube or talk with that one co-worker who always makes you laugh.

 

Tea Time
Keep tea at your desk to always be prepared for a stressful day. There are many options that lower cortisol and anxiety levels. Just make sure you opt for one that won’t make you drowsy.

 

Music
Listening to your favorite artist is the perfect way to get into a happy state. Make your own playlists or use Spotify’s preset playlists under the “Mood” section on the “Browse” tab. They have a variety of mixes with calming piano, ambient electronic, upbeat, happy songs, and more.

 

Meditate and Practice Gratitude
Find a spot in your Phoenix office space to meditate and breathe deeply. You can also carry a gratitude journal to practice being thankful. Both, especially when practiced regularly, are powerful contenders against stress.

 

Get Outside
If the weather allows, head outside. Experience the sunshine on your face and rejuvenate your day by taking a stroll.

 

Treat Yourself
Whenever you feel overwhelmed, treat yourself to something you love. Enjoy a latte at that beloved coffee shop near the office or stash your favorite book at your desk and read a chapter on your lunch break. A small treat will lift your spirits.

 

Talk It Out
If you find yourself reeling from a conversation or can’t get out of a funk, consider talking with a confidant that can give you sage advice and offer some empathy. Step out of your Phoenix office space and make a quick call to a loved one or ask a trusted coworker if they would walk around the block with you and talk it out.

 

Move Around
If you have a private spot in your office, stash a yoga mat at your desk. When stress hits, take 10 minutes to practice yoga. Make sure you close your eyes and breathe.

 

 

Do you have any tips for managing stress at your office? Let us know by commenting on our LinkedIn. If you’re looking for Phoenix office space, contact us! We specialize in the Mesa, Tempe, and Phoenix commercial office industry.

 

Photo source: https://unsplash.com/photos/1K9T5YiZ2WU

On the Camroad Properties blog: 6 Habits of Successful Arizona Commercial Office Brokers.

With years of experience under our belts, we know a thing or two — or 6 — about what it takes to be a successful broker in the Arizona commercial office industry. From managing your time to bouncing back from a “no,” we have 6 tips to be a successful AZ office space broker.

 

Setting Up Systems
A large part of being a successful broker is being organized. To operate efficiently, you have to set up a foundation for success. Effective brokers have systems in place to help them remember and implement important tasks.

 

In action: Take the time to craft email templates for the emails you send out over and over. Or, better yet, set up a lead nurturing email marketing campaign and you won’t even have to push send.

 

Follow Up and Follow Through
Determine a timeline for following up with clients and stick to it. Additionally, when you say you’re going to do something, use definitive terms like “I will” and “definitely” instead of “should” or “probably.”

 

In action: Give a deadline when you promise to do something — “I will get this to you by Thursday.” Write it down at that moment or add it to a running note on your phone. Your client will happily wait as you make a note and will feel confident in your organizational skills. Create appointments on your calendar to follow-up with clients. And, most importantly, stick to the deadline and follow through.

 

Get Back on the Horse
Let’s face it: hearing the word “no” when you feel like you did everything right can be discouraging. As a broker, you need to prepare for disappointment as it’s an absolute. The difference between a successful broker and a marginal one is how you react.

 

In action: Have an action plan for when you’re feeling down. Treat yourself to things that make you happy, like a walk in the park or a coffee from your favorite spot. Don’t let yourself ruminate on the disappointment for too long.

 

Be an Expert
Great brokers not only know the Arizona commercial office industry, they’re staying current with business trends. While it may not seem “fair” that customers expect you to be knowledgeable on things outside of the industry, knowing about “the next big thing” only prepares you and your business to succeed and solidifies the expert persona in your client’s mind.

 

In action: Take time out of your week to read up on current news or study a new topic.

 

Learn to Juggle
The ability to balance work and personal life can be a challenge. In the interest of maintaining your health and sanity, set boundaries and priorities.

 

In action: When you want to “turn off” give forewarning to the clients you’re currently working with and set a vacation response on your email. Make time for your health by going to the gym and eating healthy.

 

The Golden Rule
Treat people the way you want to be treated. This one may seem obvious, but it can be difficult to follow when you’re working in a field that is commission-based and you’re itching for a close.

 

In action: Treat your clients with respect. Never push a client into something they’re not comfortable with. In the long-run, it will pay off. A happy client will spread the word.

 

 

Are you an Arizona commercial office broker? Did we miss anything on the list? Let us know by commenting on our LinkedIn. If you’re looking for AZ office space, contact us! We’d love to help.

 

Photo source: https://www.pexels.com/photo/architect-composition-data-demonstration-313691/

 

On the Camroad blog: 7 ways to make your Arizona office space more fun.

Often, business owners don’t think about their Arizona commercial office space as an area where their team should have fun. But, research continues to find that employees are more productive, more efficient, and stay longer at companies when they are happier at their jobs. We have 7 ways to make your Arizona office space fun.

1. Non-Company Meetings
Having recurring meetings or team building activities that are not work-related may seem counterintuitive, but offer a big payoff. Your employees will enjoy having time to get creative, relax, compete, and get to know their fellow workers better, which can in turn lead to a stronger team.

Get canvases so your employees can let out their inner Picasso, then use the pieces as art throughout the office. Bring in a yoga instructor to help your office reach their wellness goals. Foster healthy competition with a chili cook off.

2. Make It a Second Home
When you’re at home, you’re happy because you are comfortable. Bring elements into your workspace that remind your employees of home. Carve out space for a common area with comfortable seats. Add some game tables like air hockey, foosball, or video games. Let your employees decorate their space to their choosing.

3. Celebrate Together
Families celebrate together. Your office family shouldn’t be any different. For the months employees have birthdays, bring in cake and ice cream. Give a gift to employees when they reach their anniversary with your company. Celebrate holidays together. Bring in pumpkins to decorate for Halloween and cookies to ice around the winter holidays.

4. After Work Meetups
Getting out of the office is the best way to get to know your team members. Consider monthly after-work happy hour meetups or group outings like going to Top Golf, volunteering together, having a karaoke night, or trying your hand at rock climbing. Just make sure you never make them required.

5. One Word: Dogs
An office trend these past years is to allow employees to bring their dog to work on certain days. That’s because having dogs around can make people more positive and reduce stress — which are both beneficial for an average workday.

Of course, you need to check with your Arizona office space landlord first, as they may not allow them on premise or require a pet deposit. You also need to make sure all employees feel comfortable around dogs and instill rules — i.e. dogs are banned if they ever bite or bark incessantly. And then there is a potential for a mess.

6. The Key to the Heart Is the Stomach
There is a reason date night usually consists of a dinner out. The key to many people’s heart is getting out of the “hangry” stage. Being a great manager requires courting your employees. Have snacks available when the office hits the mid-afternoon slump. Surprise the office with a catered lunch every quarter.

7. Loosen Up
The workforce is morphing into a more relaxed atmosphere that offers employees flexibility. When the weather is 70 and sunny outside, it can be difficult going into work. Take meetings outside to give your employees some vitamin D.

If your industry allows a casual dress code, let your employees wear items like jeans and t-shirts. They’ll appreciate not having to wear a starched suit. Offer your employees the ability to work from home. They’ll be thankful on the days a plumber needs to work on their house or their child is sick.

 

Have you done any of these 7 tips in your Arizona office space? Let us know by commenting our LinkedIn. If you’re searching for an Arizona commercial space, contact us.

Image source: https://www.pexels.com/photo/happy-coffee-6347/

8 Steps to Have the Perfect Work Lunch

Camroad Properties talks how to have the perfect business lunch, outside of your AZ office space, in 8 steps.

 

While you may have plenty of Arizona office space for scheduling a meeting with a potential client, business connection, or even mentee, sometimes it’s better to get out of the office and meet over lunch. Not only does it give you the ability to step outside of your Tempe office space, but it allows you to get to know the connection better. Before you make the ask though, be prepared. We’ve compiled a how-to on hosting the perfect work lunch.

 

The Ask

Provide a description of the meeting, make it clear you’ll be acting as host, which includes picking up the bill, and give the invitee the ability to say no or meet at their office instead.

Select a Restaurant

The best option is to choose a place that you’ve been to before or use a website like Yelp for guidance. Make sure the menu has options for all different diets, including at least two, quality vegetarian entrees. Often, the best spots for a wide menu of offerings are bistros and steakhouses. Pick a moderately priced location with great reviews that your guest will feel comfortable at if they arrive dressed casually.

Recon

Check out the restaurant beforehand. Note the atmosphere and where the restroom is located, introduce yourself to the manager, view the seating situation, and gauge the music volume. If things check out, make a reservation to ensure you don’t have to wait day of. Give both your name and the name of the guests.

In addition to scoping out the restaurant, you need to prepare for the meeting. Check out LinkedIn profiles of guests, study the potential client’s website, and prepare materials that you want to share. Have a list of questions on hand that you’d like to ask.

Arrive Early
Arrive 10-15 minutes before the scheduled lunch time. Let the waitress know that it is a business lunch and kindly request to keep the interruptions to a minimum.

No Distractions
Turn off your phone to give your guest your full attention.

To Alcohol or Not to Alcohol
Unfortunately, there isn’t a consensus on whether alcoholic beverages are appropriate at business lunches. Although, it’s clear that you should never be the one to order the drink first. If you guest chooses to order one, have a response ready.

If you decide to also order one, make sure it is something light, like a light beer or glass of white wine. Another trick is to tell the waiter “I’ll just have water for now” so the guest doesn’t feel awkward if they are the only ones who order a drink. Whether or not you actually order an alcoholic drink later is up to you.

Order Wisely
Think about how you’re going to look eating an item. Match your order to your guests: if they order an appetizer salad or dessert and coffee after the entrée, you can too, otherwise forget it.

After Lunch
Don’t forget to send a note to the client thanking them for their time.
With these tips, you’ll be forming more relationships and, as an added bonus, have a meeting conducted outside of the walls of your Tempe office space. Of course, it’s certainly possible to host a successful work lunch at your AZ office space, especially if you have a conference room and want to meet with a group to go over materials that include a presentation.

 

Do you have any go-to restaurants in the area for business lunches? Let us know on the comments on our LinkedIn page.

 

Image source: https://www.pexels.com/photo/food-plate-restaurant-eating-9532/

     

As dedicated commercial real estate professionals, all of us at Camroad Properties pride ourselves on operating office buildings to the highest industry standards. This translates into consistently high occupancy rates, and tenant retention rates averaging over 80% in all of our Arizona commercial real estate properties. As local owner-operators, you can rely on Camroad Properties to provide the best leasing opportunities for quality office space in Phoenix, Mesa, and Tempe. Our knowledge of Arizona commercial real estate and our ability to react promptly to our clients' office space requirements is our specialty. We can customize office suites to fit any of your commercial real estate needs.
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