As a growing start-up in its early stages, any help you can get to boost your business and take it to the next level is more than welcome.
Connecting and crossing paths with other entrepreneurs can be invaluable, in terms of practical help and advice too.
The trouble is, if you’re working from home or in locations that aren’t linked to business, you can miss out on this type of collaboration.
That’s why a business centre like Hyde Park House, with our Serviced Offices, E-Spaces and Virtual Offices offer you a way to meet other business owners and professionalise your business.
Even though you might not share an industry with your neighbours in a co-working space, it doesn’t mean that you can’t learn from the people around you and apply principles they have expertise in.
A quick chat in the kitchen can work wonders and help you see things from an objective perspective. Every interaction with another business owner can teach you something and listening to other business owner’s experiences is an opportunity to learn new insight.
Keeping ideas to yourself and working individually on projects means that sometimes, you can’t see how great the work you’re doing is or realise how well you’re doing at the moment…or the opposite. Whether things are going well or not, sharing your progress and plans with others can help inspire you, give you extra motivation or pivot in a completely different direction. Hearing the plans that other business owners are planning can give you food for thought and shake things up.
If you’ve come across an issue with your business that you’re unsure how to handle, it can be easy to stay insular and try and solve it alone. Having a discussion with another business owner or someone at a similar stage can really help give you some clarity on matters. You could find that another business can solve your problem for you or recommend the services of someone who can. Or a healthy discussion can unlock new ways forward.
As your business grows, it can become difficult to cope and process your workload effectively. When you get to this point, delegating work and outsourcing to others can really benefit your set-up. Who better to turn to than the businesses that work alongside you that offer services you’re looking for. This means that you can help another local businesses and benefit from their experience and expertise, instead of doing a half-hearted job and struggling with your other priorities.
Following on from the previous point, if you’re collaborating with other local businesses in your co-working space, you can share the costs of facilities and certain marketing practices. Or you could offer them a service in return for free if you’re stuck for cash. There’s no doubt that good relationships with other businesses can be beneficial to you in several different ways.
For more information about serviced offices, e-spaces and virtual offices, get in touch with our experienced team today and we can offer you advice on what’s best for your business.