Tag Archives: Business

Singapore and Manila Have Biggest Stocks of Flexible Offices in SE Asia

Conference RoomManila currently has the second largest supply of flexible workspaces in Southeast Asia next to Singapore, according to JLL.

The growing volume of flexible office space for rent in the Philippines could be one reason for this, as many companies want an alternative to sky-high rents of buildings in city centers. By 2030, JLL expects flexible spaces to represent 30% of corporate portfolios.

A Cost-efficient Option

The concept of shared office space has gained traction in the Philippines during previous years. Millennials mostly drive demand for these properties in their search for a more conducive work environment.

Companies that want to rebrand themselves consider this work arrangement as well since they believe flexible offices improve workforce morale and productivity. For real estate developers, this means a new source of business aside from cashing in on rising rental rates due to strong demand from Chinese tenants.

Commercial and Residential

Rental rates for commercial and residential properties in the Bay Area and Makati City have increased because of demand from Chinese gaming companies, according to Colliers International Philippines. In the first half of this year, these companies occupied more than 180,000 square meters of office spaces. Leasing rates for residential properties near their offices have consequently increased as well.

This occurred because of their employees’ preference for buildings that are close to their workplace. Condominiums in Makati are particularly popular among them. For instance, the monthly rental rate for a three-bedroom unit in the city’s central business district increased by up to P1,080 per square meter.

The forecast increase in flexible office spaces seems possible with the changing needs of tenants, especially startup companies and individuals. Freelance workers in the Philippines also cause demand for such properties to be stable, which leads many developers to launch suitable properties for them.

4 Tips on Hiring the Right Employee

An applicant being interviewedHiring the right employee isn’t just about how the candidate handled himself or herself during the interview, or how he or she passed the Australian criminal record check. Every employer knows that hiring the right person will be well-worth the effort, as the employee will benefit the company through productivity, a synergistic relationship with colleagues and overall positive impact on the whole work environment. If you hire the wrong person, on the other hand, it can be time-consuming, and more costly in the end.

Here are a few key measures that any hiring process should have to ensure you’ll be getting the right person for the job.

1. Analyse the job (and the need for it) to create a job description

A job analysis helps you gather information on what the job entails. It also identifies the necessary skills needed for it. Once you have this, you can write up the job description to start the hiring process.

2. Plan your recruitment strategy

Every company must have this in place before any kind of hiring begins. The hiring manager plays a crucial part here and must understand why a specific department needs to hire a new employee. The manager must have a firm grasp on the job description and should create an appropriate recruitment strategy.

3. Use a checklist

It’s always good to have boxes to check off to monitor your progress on a task at hand. It also helps you organise things systematically and keep track of your efforts. A hiring checklist will help you assess your process and communicate what’s happening with others involved.

4. Thoroughly review applications and credentials

If your job description is accurate, you can screen your candidates against that list you made for required skills and experience. Then you’ll be choosing from only the most qualified candidates.

These steps can get you off on the right foot in your hiring process. Remember that the key is knowing what specific skill set the job needs and requires.

The Network Works: Using Your Connections to Get a New Job

HR manager interviewing young man in officeGetting a new job or shifting to a new career may prove to be quite difficult if you are looking at the wrong places. If you have exhausted some of your top resources, maybe it is time to look at your network and see who among them can help you find a job.

Whether you are looking for food processing human resources employment opportunities at Stanislaus Food Products in Modesto or a clerical job in New York, the people and the relationships you have made with them can help you start anew. Here are some of the things you might want to keep in mind.

Do not be upfront

If you have not seen them or met them for a long time and yet they prove to be a valuable connection, you may want to take things slowly. Do not be upfront and ask for their help right away. You ought to warm up to them a little. Invest in their time; you can invite them for a catch-up session first. This is one way of showing them that you cherish your connection with them.

Offer something in return

Remember, this is going to be a give-and-take relationship. So what you need to do is offer something that may also help them in their career or current undertaking. For one, you can refer to them to new clients. You can also recommend suppliers that can help them in their project.

Thank them

Once you land the job, you ought to thank them. You can send them a modest gift, a food package or restaurant voucher for instance. Or better yet, meet them personally and talk some things over coffee. Doing this is showing that you have appreciated their help.

Do not lose hope if your job search is currently taking your nowhere. What you need to do is look at your connections.

The Longer You Delay Investing in SEO Services, the Greater Your Losses

Man looking at a wall of SEO conceptIn Connecticut CT, search engine optimization (SEO) is something you most likely have heard countless times already. You probably even have some knowledge about it. You might even have heard people telling you that your business needs it. But for some reason, you keep putting it off.

However, you should know that you’re not just missing out on a lot of benefits — your business is actually losing a lot too. The longer you delay employing SEO, you lose more opportunities.

Long-Term Results

SEO, when done right, will bring you results. However, like with most long-term goals, you cannot expect great things from your campaign overnight. You need to be patient. This will surely pay off not only in the long run, but throughout the entire time you have it going as well.

A Jump in Overhead Costs

You want your chosen SEO firm in to deliver a well-crafted campaign. As such, you really have to include their expertise in your budget. SEO is a specialty, which means that people who carry them out underwent extensive training and education. So, it only makes sense that they will charge a price corresponding to their expertise and skills.

The costs of SEO today shouldn’t scare you, though. You should regard it with respect and feel glad that you can have such business-essential services delivered to you at such a price. Also, you should jump at the opportunity as soon as possible, seeing that these rates will go up in the future.

Rising Above the Competition

This is one of the primary reasons you should get your SEO campaign started right away. While not all your competitors may have their own SEO campaign already running, there surely are several of them out there. The longer it takes you to get your own campaign started, the more customers they’ll snatch from you.


4 Major Features of a Successful Franchising Business

A person working on the business' finances Opening your business for franchise is one of the best ways to leverage growth. However, simply because you’re achieving some sort of stability and getting pumped up profits doesn’t mean it would be a successful franchise automatically. If your business has granted you time to relax a bit, launching it for franchise would mean that you need to put a lot of hard work and extra hours in it.

So, what makes a franchising business successful?


Franchising means better production volume and efficiency. Hence, it’s important that you have organized and streamlined procedures and processes. Like what Lee Colan, co-founder of The L Group, wrote on Inc., your business processes should never be people-dependent.

For instance, supportingstrategies.com and other experts noted that you may need to acquire a specialized bookkeeping franchise instead of having one man manage it all.

Franchisee Selection

You can’t entertain every business owner interested in being a franchisee. It’s more than just about the money. You want to take care of your business’ reputation, so you wouldn’t want to put your brand name in the hands of someone you’re not sure will make a great franchisee or someone who has bad records in the business. There is going to be a franchisor-franchisee relationship, so it’s necessary that your business values and ethics are aligned.

Training Programs

Upholding the quality of service or products should be a priority in setting your business for franchise. If one franchise is not performing at par with the standards that you have practiced, it will hurt your whole business. To do this, you have to provide training, coaching, and continuous support to franchisees.


It’s not only internal processes that you should streamline. You should also be communicating the same marketing message and must express that you respect the independence of your franchisees. When it comes to your branding message, consistency is the key to success.

Setting up a successful franchising business is rewarding, but it’s neither going to be easy nor quick and fast. However, if done well and if you’re willing to do extra work, it can be prolific and open business opportunities that can put your business on the map.

Why Solar Energy is the Residential Energy Answer

Technician checking solar panelsUnderstanding solar energy and how it could save expenses and your energy consumption could create an era of renewable energy use in the country and your family. Many places in New Mexico offer residential solar panel service and recognize its potential.

Below are four reasons why you should use solar panels in your home.

Reduces electricity bills

Solar panels collect light and transform it into energy. When you begin to generate your energy for home use, your electricity bill will drop.

Solar panels and their installation might seem expensive at first, but your reliance on coal fuel energy will go down because you will rely on a renewable energy source.

A renewable source of energy

Solar energy is renewable and does not pollute or harm the environment, unlike coal energy. When you use solar energy, you are not only saving your money, but you’re also saving the environment.

There are two kinds of solar energy techniques: Active and Passive solar techniques. Active includes the use of photovoltaic systems and concentrated solar power and solar water heating to harness the energy. Most homes use the Passive technique. The builders use materials with thermal mass and choose an area of the house that is oriented towards the light or the sun.

Low maintenance costs

Solar panels require little maintenance costs since there are no moving parts and therefore there are minimal chances of damage. You only need to install the panels once in an area where there is sufficient light.

Increases your home’s value

It increases a home’s value without the need for an extensive renovation. Solar panels give a home a modern, sleek look, and give it a higher curb value.

These are some of the benefits of having solar panels. There is a variety of residential solar panel services in New Mexico that will help you plan your solar energy future.

Why Location Matters for a Start-Up Business

Office BuildingsWith high-speed internet and increased connectivity, a reliable laptop is all you need to launch a successful enterprise remotely. However, at some point, being in the right location gives start-ups access to capital beyond funding. Here is why start-ups should think carefully when deciding where to put up their business.

Good Locations Attract Great Talent

Singapore ranked first in the survey for world’s best business environment. Among the factors for the republic’s win is its attractive labour market conditions. As the pool of good businesses setting up base in its shores diversifies, so does the government’s support for the growth. All that brings top talent to the country with relative ease. You can take advantage of this. When job seekers look for companies, they do not only consider how much they like the company or the nature of the job, the location of the business is also a major consideration. Job seekers will be wary of companies located in unknown areas and will not move to remote places for start-ups. Setting up your office in good locations like Singapore enables you to utilise the country’s already experienced talent pool and build a strong team behind your company.

A Good Location Takes Care of Human Capital

Like it or not, a company located in a no-name corner of the world might be passed over in favour of one in a thriving metropolitan area like Singapore. It’s a matter of image. Lendlease-developed site Paya Lebar Quarter is an exemplary development in the country that has a balanced mix of residential, commercial and business infrastructures. The developers have also incorporated nature and culture to their design with the intention of giving workers, residents, and guests a healthy environment. Amenities are nothing short of stellar for future office occupants of Paya Lebar’s centrally located mixed use development. Your top talent can find quiet spots to work outdoors in Wi-Fi-enabled large open spaces; enjoy after hour beers in al-fresco or work out in the promenade or plaza before or after work to foster social bonding and collaboration among your team. Offices only in a central business district may soon be a thing of the past as more and more companies start doing business where employees want to live, rather than where they’ve been told innovation lives.

Your Neighbours Can Help You

A classic example is starting an app company in Silicon Valley. Like Google Ventures, being in Silicon Valley allows start-ups to pitch for funding from pillar companies. Being in Silicon Valley also gives the founders of start-ups access to mentoring from industry experts. ‘Location, location, location’ might be a tired adage, but it still holds true for start-up businesses. If you are in the business district, everything your company needs, be it banks or business partners, is a stone’s throw away. Start-ups best be near the pillar companies in your industry.

Two Surefire Steps to Give Your Business a Competitive Edge

A BusinessmanMany business entities make the mistake of not learning the market, and it causes them to lose their edge in a dynamic market. The article highlights some of the credible ways to stay competitive in a highly dynamic market.

Emerging technologies and dynamic market environment require the business community to rethink their business community. Every decision they make need to be ground in facts and actionable information. That way, you get to stay ahead of the game and anticipate the market and consumer needs. Long go are the days of taking a chance with your business. One slight mishap could have you ceding your market share to the competition. In fact, having made such oversights, some iconic companies with a global presence had to close up shop.

Keep an Eye on the Consumer

The secret to running a successful business practice lies in tending to the needs of the target audience. With so many players in the market, the consumers have a broad range of choices. If your products fail to live up to their expectations, it can only lead to a downward spiral. Hence, you need to embark on credible market research before putting a product on the market. By capturing consumer needs and identifying some of their pain points, you can be sure of a successful launch. That way, you can bring a new product to the market that provides a solution to a real problem.

Ensure Each Process is Data Driven

You can quantify just about every process of your business. That way, you can ensure every aspect of your business is measurable. By extension, you can keep an eye on the recurring trends. Other than tracking your performance, such patterns offer insights into consumers’ preferences. It enables you to identify your business cycle. It also lets you create a credible buyer persona, which is essential for success. According to DBA Services, with the help of a DBA consultant, you can roll out efficient data systems and matrices to suit your specific needs.

You stand a better chance of success in a dynamic business environment if you aren’t feeling in the dark or taking unnecessary risks. These incredible pointers can give your business an edge and increase your market share.

Starting a Jewelry Business? These 5 Things Are Essential to Your Success

Jewelry BusinessStarting a jewelry business may seem daunting, but it is not different from any other kind of business. Of course, certain unique aspects are essential for this type of business to succeed. Below are five useful reminders for business startups who want to make it big in the jewelry industry.

1. Identify a Niche

Before you even start your business, you must know whom you are targeting. A niche may be based on age, sex, economic status, race or other demographic factors. When you have identified that particular group you want to sell to, it would be easier to develop your brand to appeal to them. It will also help you come up with an effective marketing strategy that SEO professionals such as SEOforJewelers will help you implement.

2. Build a Strong Brand

Jewelry is a luxurious item and is purchased to fulfill the ostentatious needs of people. Buyers will want to be identified with powerful and successful brands and are willing to pay the price. Therefore, right from the start, you must aim at creating a “top of the world image.”

3. Adopt a Competitive Marketing Strategy

Like many other industries, the jewelry sector is thriving with competition. The difference between success and failure in most cases is a matter of being noticed or not. It is, therefore, imperative that you strive to stand out. Today, digital marketing is replacing traditional marketing methods. In particular, the online space is where battles are being fought and won. If you lack a proper online marketing strategy, your competitors will choke you. Consult an expert who specializes in online marketing for jewelers to create a campaign specifically targeted at your niche.

4. Be Customer-Focused

Customers are the reason for your business’ existence. You must build your enterprise around the needs your customers. For you to be relevant, you must offer a solution to their needs or better yet, anticipate their needs. Being customer-centric extends to being empathetic and attentive. It is acknowledging that “the customer is always right.” Customers who are satisfied will bring repeat business and refer other people to your brand. According to a global survey by Nielsen, word-of-mouth is still the most powerful marketing tool.

5. Identify the Right Supplier

When dealing with precious metals, you must always exercise caution because many metals are easy to fake. When buying wholesale online, do your research and make sure you buy from a reputable seller. It is also important to compare prices to know that you are getting the best deal. Once you find a good supplier, establish a long-term relationship with them. It may lead to better business terms in the long run.

Many factors influence the success of a jewelry startup, and marketing is indeed just one of them. However, in this age of digital media, wherein any piece of content could go viral any time, or any gimmick could put the most unassuming brand in the spotlight, the life of a business depends so much on being noticed.

Mortgage Closing Costs: What You Need to Know About Seller Concessions

Person Giving Keys of House to AnotherMany things could sometimes go wrong when you are trying to purchase a house. You might be worried about getting approved for a home loan or pooling money for your home deposit. Additionally, during closing, that last home inspection could uncover things that require immediate attention. If the money for paying your closing costs is your primary problem, consider a seller concession.

How Exactly Does a Seller Concession Work?

Seller concessions are gifts that sellers could offer their potential buyer to help reduce all the costs associated with purchasing a home. This gift could be used to pay for the closing costs or fees for the homeowners association. In some cases, if a buyer spots some significant repair work on the final inspection, a seller could pay for the repair costs.

In other instances, sellers could offer the buyer a deal, such as an all-expense-paid trip, for example. Regardless of the specifics of the deal, seller concessions could substantially reduce the costs that home buyers would need to pay using their own money. Seller concessions could benefit both the seller and buyer, says a mortgage broker in Sandy. The seller could get the chance to offer the buyer an incentive to sell his or her home, while the buyer would owe the seller less and might actually be eligible for a tax break.

Buyers with a USDA, VA, or FHA mortgage loan could qualify for a seller concession. But there are stringent guidelines that set restrictions on the amount that sellers could gift buyers. For instance, if you have an FHA mortgage, your seller isn’t allowed to gift you more than 6% of the purchase price of the home for your closing costs.

Seller concessions could speed up and streamline the entire process of home-buying and offer buyers great incentives to close the deal. If you say yes to a seller concession, have a written agreement with the seller. This way, both parties know all the details and the terms they need to abide by.