Tuesday, July 20, 2010

Pooling Resources With Others Saves Money

If your purchasing power is too small, work with organizations that get things in bulk and charge you accordingly. This is why we have food cooperatives. A new popular example are small business incubators, also known as executive suite office rentals do things in a large way and save money for their tenants. Business incubators hire their receptionists to greet visitors and answer phones in your company name – this beats your having to interview, hire, train and manage your own receptionist.  What happens when your receptionist is ill, on vacation or quits? The single purchaser of services or products can translate savings to their  members –unless a selfish middle party pocket all the profits. Be wary of executive suites with under fifty suites, they might usually fold up because their overhead costs end up being higher than they expected, and it’s more work than they initially imagined. I’ve seen this happen countless times. Office business centers are especially popular in the UK, Australia and other commonwealth countries. They're also popular in the US, especially in modern southern cities like Atlanta and Orlando. There are many reasons for this which I'll explain later someday.

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