Archive for category overhead

Chicago Daily Herald: ‘Project Mosaic’ pieces together office space for Batavia businesses

Chicago Daily Herald: ‘Project Mosaic’ pieces together office space for Batavia businesses

A downtown Batavia office building recently lost a tenant, and so has space it needs to rent out. Proprietors of home-based and startup businesses have told the Batavia Main Street director they could use a little office space. The two needs may be met in a building at 201 Houston St. in downtown Batavia, in Project Mosaic.

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Orlando Sentenial: Entering the E-Zone

Orlando Sentenial: Entering the E-Zone

Office vacancies could be boon for new business in Orlando. The so-called E-Zone links small startups with established downtown companies that have a spare office or two within their own suites. As a way to nurture the new businesses, host companies agree to rent the space at a below-market rate — or even barter free rent in exchange for services.

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Press-Register (blog): Real estate agencies downsize

Press-Register (blog): Real estate agencies downsize

Dauphin Realty plans to downsize in west Mobile, its 24 agents leaving a 4,000-square-foot space for 2,400 square feet at 5613 Cottage Hill Road by mid-April. “The real estate business is undergoing drastic changes because of the economy,” said Johnny Roberts of Roberts Brothers. “It’s no longer a bricks-and-mortar type of industry with the advances in technology, home offices, cell phones, e-mail and the Internet.”

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New York Times: Small Businesses Hunker Down to Survive

New York Times: Small Businesses Hunker Down to Survive

From the beginning of this year through Sept. 30, sales at small businesses (privately held companies with revenue of $10 million or less) have fallen 3.75 percent, according to figures from Sageworks Inc. At the same time, net profit at these businesses has risen to 6.5 percent. How have they accomplished this? By cutting their costs. Overhead, payroll and advertising as a percentage of sales have all declined.

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A Better Office: Office Space News

A Better Office:  Office Space News

Regus Group CEO Mark Dixon. “Bricks and mortar burden a company with unnecessary fixed expenses and risk. Adopting a flexible workplace strategy reduces facilities costs by up to 60 percent, enables new market exploration and allows a business to match their workplace with their business requirements.”

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