Equipping Your Start-Up Office
Equipping Your Start-up Office
1. What is your reaction to each article?
My reaction to the article “How to Create a Great Start-up Office Space on a Bootstrap Budget” was overall positive. I think the author provided a lot of realistic and applicable tips and ideas to create a comfortable and operative workspace for a business.
Some of my favorite ideas were pretending to shop as a college student on a budget and buying in good used condition. Having this mentality as a college student can save you hundreds of dollars and allows business owners to get a quality item that gets that serves its purpose. Also, when you buy used, you can literally save over half of the cost for the same item. An item’s value depreciates so much compared to its …show more content…
It provided nine helpful tips (some of which were already covered in the previous article) that allow business owners to save time, resources, and money when establishing their new work office. Some of the key tips I took away from this article included being able to think before you buy and to procrastinate on the purchase of office space. I think these are two great tips because they make you question yourself on if you actually need an office space in the first place and these tips also make sure you’re not wasting excess money on things you won’t need or use in your …show more content…
In the rare case of a business lawsuit, I could outsource a lawyer to represent myself and the business and if numbers beginning to get too extensive to calculate on my own, an accountant might be called upon for their services during the tax-filing season or quarterly or annual financial reports/evaluations.
Lastly, the procrastination of office space would highly be considered. I am almost certain I could handle 100% of the business tasks within my home office. If the company were to expand drastically, then I might want to consider expanding my office space as well, but until that happens, it is important to hold off on expanding until it is absolutely necessary; that way you aren’t wasting time and money.
4. You may consider (1) using a room in your apartment (designate that space as an office space; it should be separate from any common areas) or, (2) leasing a space. If leasing a space, tell me what that will cost you each month including rent, insurance, utilities, etc. Save this information. You will use it in your business
1. What is your reaction to each article?
My reaction to the article “How to Create a Great Start-up Office Space on a Bootstrap Budget” was overall positive. I think the author provided a lot of realistic and applicable tips and ideas to create a comfortable and operative workspace for a business.
Some of my favorite ideas were pretending to shop as a college student on a budget and buying in good used condition. Having this mentality as a college student can save you hundreds of dollars and allows business owners to get a quality item that gets that serves its purpose. Also, when you buy used, you can literally save over half of the cost for the same item. An item’s value depreciates so much compared to its …show more content…
It provided nine helpful tips (some of which were already covered in the previous article) that allow business owners to save time, resources, and money when establishing their new work office. Some of the key tips I took away from this article included being able to think before you buy and to procrastinate on the purchase of office space. I think these are two great tips because they make you question yourself on if you actually need an office space in the first place and these tips also make sure you’re not wasting excess money on things you won’t need or use in your …show more content…
In the rare case of a business lawsuit, I could outsource a lawyer to represent myself and the business and if numbers beginning to get too extensive to calculate on my own, an accountant might be called upon for their services during the tax-filing season or quarterly or annual financial reports/evaluations.
Lastly, the procrastination of office space would highly be considered. I am almost certain I could handle 100% of the business tasks within my home office. If the company were to expand drastically, then I might want to consider expanding my office space as well, but until that happens, it is important to hold off on expanding until it is absolutely necessary; that way you aren’t wasting time and money.
4. You may consider (1) using a room in your apartment (designate that space as an office space; it should be separate from any common areas) or, (2) leasing a space. If leasing a space, tell me what that will cost you each month including rent, insurance, utilities, etc. Save this information. You will use it in your business