Showing posts with label serviced offices carlisle. Show all posts
Showing posts with label serviced offices carlisle. Show all posts

December 11, 2014

The Rise of the Virtual Office.

This month we’ve had some extremely valuable feedback, much of it regarding the impact the mill building has on their customers. This in itself is not surprising; our 200 year old sandstone built textile mill is architecturally stunning. What visitors to the building aren’t necessarily aware of is that of the 69 companies that operate from the site, 20 of these do not have a physical presence, choosing instead to utilise our Virtual Office services. This figure is a marked increase on recent years without any significant marketing of the service. The increase therefore is simply due to a higher demand for these services.  However, when analyzing how, or even why, this is the case, the answers are varied.

The advantages of a Virtual Office differ from business to business. For many, a virtual office simply provides a prestigious address, ensuring not only is there somewhere for post to be sent, but that they the address used has a positive impact on their business. This might be because their business is based at home but they want to give the appearance of a larger operation, or to circumvent any negative perceptions they feel a home address might give. For a number of our clients it could be because their work is contentious and for safety reasons they do not want to use their home address.

A recent report showed that Cumbria had an extremely high percentage of small businesses and that this figure was growing. Looking at the companies who use our service this only provides a partial answer as some of our clients are quite large with physical addresses elsewhere in the country. For these companies the benefits are based around providing an address in the county when tendering for business without the costs for an actual hub.
For some companies, the virtual office is more than simply an address, but also a way of ensuring good quality office services at the fraction of the cost of employing staff and having a physical office. Some clients use us on an almost daily basis to provide reception duties ensuring that all phone calls are dealt with in a professional yet personable manner. For these clients their overheads are minimized as are any HR issues.  

Cost effectiveness is frequently a deciding factor in many of the decisions in taking a virtual office, but not just the capital cost. Being part of serviced accommodation, many of our companies find that it gives them access to meeting rooms and other facilities but in a way that they only pay for the time that they need. This cost effectiveness is not just a driver for sole proprietors. Where an operation is spread out cross a distance or with several workers based either in the field or from home, the virtual office provides a central base that allows each person to continue with their operational duties, unhindered by dealing with the day to day admin of answering calls for whomever else in the business. This also allows, when practical, for staff to choose their own working hours which can lead to greater productivity, especially if working across different time zones.

Looking back at the names of the companies who have used Warwick Mill’s virtual office services over the past few year, it is evident that some have used our address as they have established themselves and have grown to take actual office space within with business centre. Others remain as a virtual office and will continue to do so for some time to come. Some companies come and go as their business needs change. It is something we’d like to shout about more, but discretion is a major factor of the virtual office. This is one where you really will have to take our word for it!

November 10, 2014

What’s the worst than can happen?

Later this month it will be 5 years since the Cockermouth floods of 2009. As well as the tragic death of PC Bill Barker, the unprecedented flooding ripped through the town leaving hundreds of people without a home and businesses without premises. Post flood, whilst many took the opportunity to upgrade their premises, not every business survived.
Sadly this is not unusual. The London Chamber of Commerce states that 20% of all companies will suffer fire, theft, flood or storm damage, power failures, terrorism or hardware/software disaster. Of those without a business continuity plan:
43% will never re-open
80% fail within 13 months
53% of claimants never recoup the losses incurred by a disaster


One of the benefits of serviced offices is that they provide an easy solution to disaster planning with much of the thinking being done for you. Warwick Mill Business Centre has significant experience in disaster planning. This was of course put to the test in 2005 when floods hit Carlisle. Thankfully the mill was not affected and as a result became home to a number of businesses.  Companies such as Encompass moved their now flooded city centre offices here, taking advantage of heated offices, furniture, working phone lines and internet connection allowing their business to be back up and running within 24 hours.
Our own disaster and contingency planning means that we have become a resource for other businesses where disaster planning is critical to their business. Some of these use us as an agreement to take space in the event of a disaster; others take a physical space on a permanent basis. This office is used as a satellite but also the control centre in the case of a disaster spreading the risk.
As the adage goes, failure to plan is planning to fail so perhaps it is time to check your businesses disaster plan.  Plans can be as detailed as your business requires but should at the least cover the following 5 key areas:

Program Management – ascertaining your preparedness program, understanding the regulations that your program must cover.
Planning – Assessing what the risks and hazards are for your company, conducting a Business Impact Analysis (BIA) and examining how you can reduce and prevent risks and hazards
Implementation – Writing your preparedness plan ensuring that you cover resource management, emergency response, crisis communications, business continuity, Information technology, Employee assistance, Incident management and what training is needed to ensure that plan can be carried out effectively
ProgrammeTesting
Programme Improvement – identifying review dates and future evaluation.