Business Blog

TOP 6 factors to consider when choosing a coworking space

Flexible workspaces continue to gain popularity, everyone from start-ups to global real estate suppliers is offering Coworking Spaces, but it's a double-edged sword. Consumers are submitting their business to substantial risks if they miss asking the hard questions at the onset. Here are the top 6 factors to consider to ensure you don't inadvertently hurt your business.

Don’t lose your important business files to ransomware!

Businesses are being forced to pay thousands of dollars to overseas hackers to rid their computers of an unbreakable virus known as Cryptolocker. The 'ransomware' infects computers taking files and photographs hostage. How does ransomare attack? How can you secure your information? Find out.

Work smart, not hard (or save 572 hours of personal time)

Forty per cent of Australian business owners and managers will sacrifice more than 10 hours of personal time, each week, in order to keep their businesses running this summer – according to research published today by serviced and virtual offices provider Servcorp.

Overcoming networking challenges

Networking is an essential skill for all business people keen to advance their careers, but successfully making connections doesn’t always come easily. To get ahead in the cut-throat world of business, you need to be able to network discreetly and professionally.

Family succession in a public company

The Australian newspaper's business commentator, Alan Kohler interviews Servcorp's Marcus Moufarrige and discusses the unique family structured publicly  listed company and whether his father and founder of Servcorp is scared he will 'stuff up the business'...

Why young entrepreneurs need mentors

Although plenty of entrepreneurs have succeeded without mentors, it’s always easier having a helping hand. With a little time and effort, a few mentors can be lined up and, soon enough, they can change your business life for the better.

The importance of Velocity in Business

Despite claims to the contrary, and a rise in business confidence, many businesses are still feeling the effects of the GFC, with all its attendant after-effects. One of those effects is a fall in production. During the GFC – and in the years since – one of the key impacts of was (an still is) a dramatic fall in economic velocity. Let’s explain.

Why care about employee engagement?

It’s perfectly reasonable to expect high performance from your staff, but you’ll find it’s much easier to achieve this goal if you also work to boost employee engagement. Even the best workers can sometimes become fatigued and disheartened – something that can quickly affect their performance. Keep your staff motivated and reap the rewards.

What you need to know before offshoring

Thinking of going offshore? As Shakespeare famously said, “All the world’s a stage”. And in today’s business world, if you’re not playing on it, you may be missing a golden opportunity to lower your costs and grow your business. Sharon Melamed, Managing Director of Matchboard shares her top tips on going offshore.

What’s holding you back? The story of Australian small business

Servcorp conducted an online survey with 507 respondents from the Australian professional services sector. Through the data we gathered, we gleaned some important, interesting and most of all – useful insights into the Australian small business landscape. Starting a business – does it have to be such a leap of faith?

Virtual Offices vs. Serviced Offices: which is right for you?

Selecting a Serviced Office or Virtual Office is in effect like deciding on a business partner. It's not a decision to be taking lightly. While each option has their own unique benefits, it’s best to know which one is best suited for you and your needs before making a final decision. What is the key difference between a Serviced and Virtual Office?

Popular financing options for your startup

Financing is one of the most difficult obstacles an entrepreneur has to overcome. When considering the capitalization of your small business, it’s important to understand the options available to you - here’s a round-up of some ways you can finance your small business from the ground up.

Customer feedback tools for small businesses

Do you know what your customers really think about your business, products, or services? Not sure? You should make it a point to find out! Over 70 percent of consumers trust the opinions of their family and friends over marketing messages. Customer feedback is essential to running a business. Here’s a list of effective ways to get feedback from current and potential customers.

Growing your business with minimal costs

The transformation of the digital economy has inspired teenagers right through to people in their 50s to start their own business with Australian Bureau of Statistics figures revealing that out of the 2,1000,000 businesses active as of June 2014, 61% have no employees and 27% have under four employees. Australians are not only looking to start a business but grow it quickly with the business entry rate increasing 2.5% to 13.7% - the highest increase in more than two decades – between 2013-2014.

What's the IT advantage?

Every business wants to secure an advantage over its competitors in order to surge ahead in its field. Everyone wants bigger profit margin, less overhead costs and to find more efficient ways of employing and managing staff. Obtaining an IT advantage is one area where businesses can save considerable costs and simplify their needs.

Virtual Office + Virtual Technology = An Office in Cloud

Business managers have the opportunity to create their dream lifestyle. They could choose to manage their business from their dream office at one of the most illustrious commercial cities that the world has to offer or to manage their entire operations remotely from home, beaches, cafes or while travelling. No matter what the specifics of the dream may be, now is the best time in history for businesses to become location-independent by transitioning the office from the traditional brick-and-mortar physical setup to one that is in the cloud.

Are commercial property prices blocking your entrepreneurial ambitions?

Entrepreneurial ambitions are all about making breakthroughs and breaking down barriers that will allow their business to become productive, profitable and successful. Entrepreneurship is more than just making money; it is about bringing dreams to life! To achieve this, entrepreneurs need a working environment that will allow them to be productive and agile as the business grows. The thought of investing in the right office space can be daunting when costs are considered.

Productivity + Work-life Balance: The (BEST) mantra for a successful career

Improved business productivity yields more revenue, reduces costs and provides bigger profits. The operational efficiency for a business is dependent on the performance and productivity of its employees. It is also dependant on the business's commitment to creating a working environment that goes beyond earning a paycheck by immersing workers into their dream lifestyle.

Check out the ways businesses can enhance their employees and business work ethic to build a robust workforce.

Enhance the global profile of your business by leveraging virtual offices

Your business is only a phone call away from becomes a global empire! A global competitive edge for your business will allow you to attract prestige clients, leading global talent and a productive workforce. Now is the perfect time for your business to leverage the network offered by virtual offices to take your business to new heights, simply by expanding your business into the world's most iconic international locations and beyond.

Servcorp virtual office solutions have opened up opportunities for businesses of any size to gain access to these premium tier offices in premium locations globally.