The Importance of a Positive Work Atmosphere for Your Small Business

Everyone has their own ideas on how to grow a successful small business. Many business owners spend a great deal amount of money hiring consultants to help them achieve their small business goals, while the answer is often very simple. Employees who love their job, love their co-workers, and enjoy their office space atmosphere make for a positive work environment and a successful small business.

One of the biggest challenges with growing a small business is a high employee turnover. No matter the incentives that are offered, if an employee is unhappy with their job they will ultimately leave. This leaves small businesses with having to constantly train and educate new hires, which can significantly hamper the company’s growth and success. Thankfully, employee turnover can be decreased dramatically if you apply the following steps:

1. Happy employees can be contagious.

Employees who love their job create a positive work environment that can be magnetic to co-workers. An office space atmosphere that is filled with happy employees is a highly successful, non-verbal way of convincing a potential employee to want to join your company and stay long term. Positive energy in the workplace can be sensed and could very well be the sole reason a potential new hire decides to join your company instead of a competitor.

2. There is a reason they are called co-workers.

A co-worker should not be just someone you sit next to at work day-after-day but a support system when your job, or life in general, gets tough. They understand better than anyone the daily struggles that occur at the office. Co-workers that genuinely support one another add a great deal of positivity to an office space environment. With co-workers uniting as a team, there is an unlimited amount of success this could potentially bring your growing small business.

3. Allow time for breaks.

It is important to allow employees a 15-30 minute break during the day. Employees that have this short amount of time away from their desk will return more focused and refreshed than they were before. Studies have indicated that employees who take a 15-30 minute break are ultimately more productive throughout the day than employees who did not.

Employee retention is arguably the most important aspect of a growing business. A positive atmosphere in the office space is crucial to a developing small business. It certainly does not happen overnight, but with the right attitude, team members, and support of one another, the sky’s the limit.

REAL ESTATE: Something You Might Want to Know

Real estate means the property consisting of land or buildings which also includes the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and minerals, simply speaking any improvements on it. Tenants and leaseholders may have the right to occupy or make use of anything that is within the dominion of the rented area depending on the terms and conditions set by the landlords.

However when we hear the words “real estate”, we often refer it to the “real estate market” from the perspective of residential living. This is grouped into three categories based on its use. It’s either be residential which is used for living purposes, commercial as used in commerce and industrial which is used in manufacture or production of goods. Residential are those undeveloped land, houses, condominiums and townhomes. Commercial are office buildings, warehouses and retails store buildings and examples of industrial are factories, mines and farms.

Those who are buying a home often need to borrow money in the form of mortgage because prices are generally well above their savings. They can either avail of fixed-rate or variable-rate.

Commercial leases are mostly longer that residential and lenders may ask for higher down payment on a mortgage for commercial than home loan since generally residential real estate is usually less expensive so it is more affordable for small investor

Generally, this is affected by the primary condition to where the property is located. Profits or losses come through revenue from rent and appreciation of the estate’s value. There is also risk of tenant turnover especially if the business model is in bad condition, product is unattractive, or poor management and many more. So landlords, lessees has to make sure all is well set before lending the area/place.

Real estate can help you earn more especially if you are in hand with generating leads and setting well the properties in case you are into selling or offering rentals. You have to make sure you will be working more of what you invested. Usually property appraisals are of good and or high value, you just need to work on it. You must always and consistently putting your client’s best interests first. With that, your personal needs will be realized beyond your greatest expectations. Investing in this even on small scale, was tried and tested as true means of building an individual’s cash flow.

Elgin Office Space Leasing

Elgin, Illinois, situated 35 miles northwest of Chicago, is a city which offers options for business owners of various sizes. This is especially true for those who wish to lease office space there. Elgin is located in both Kane and Cook counties and has a population of approximately 110,000 individuals, a size which is quite beneficial for business owners who open their doors in Elgin.

New Housing in Elgin Means More Customers for Businesses

In the past few years, Elgin has seen a surge in new homes, townhomes and condos being built. With the large population base and more housing being created for individuals moving to town, this is a big pull for business owners and a reason why many businesses come to Elgin to lease and buy commercial office space.

Plentiful Transportation Options

Due partly to the fact that Elgin is one of the larger cities in Illinois, the transportation options are readily available. There are three Metra stations in Elgin, including National Street, Elgin and Big Timber Road, along with the Pace bus line which runs through the city at various stops. Amtrak may be planning a future stop in Elgin as well in 2015. For those traveling by car, Elgin is surrounded by various interstates, specifically I-90 and I-355, as well as a vast amount of local roads running through town.

Retail Stores, Restaurants and Entertainment Options in Elgin

There are many wonderful shopping options in Elgin. From well-known national retailers such as Payless Shoe Source and Family Dollar to more specialized local shops including Fat Cat Custom Guitars and Shockey Jewelers, Elgin offers much in the way of shopping. Dining establishments are also wide and varied when it comes to national chains and local restaurants. Some of your dining options in Elgin include Chooch’s Pizzeria, Crave Deli, Dunkin’ Donuts, Gasthaus and more.

For entertainment, Elgin offers the Elgin Symphony Orchestra, Elgin Public Museum and plenty of city parks and golf courses. Whether you crave indoor culture or outdoor activities, Elgin has quite a bit to offer its residents, business owners and business employees. There is also the Grand Victoria Casino in Elgin, for those who like to do a little bit of gaming and indulge in casino dining and entertainment.