There are many reasons why real estate investments are better compared to other forms of investments. Shelling out money for real estate could be better than investing in stocks and is definitely better than simply keeping money in the bank. Of course, it’s not a perfect investment but in general it comes with more advantages than disadvantages.
The following are the top 6 reasons why you should consider a real estate investment.
Value Appreciation and Cash Inflow
This is one of the best reasons why you should consider a real estate investment. Land, in particular, very rarely loses its value. Instead, it keeps appreciating over time. You may not do anything about the land you bought and wait for the area to progress and you can expect the land’s value to considerably increase as the years pass. Even better, you can use the property to make money. You can erect a building and have it leased. If you don’t have the capital, you can engage in an agreement with a contractor for a profit sharing scheme.Read more
Freelance writing is not for everyone. Not everyone has the ability to handle the challenges and drawbacks of freelance work. However, if you are really determined to succeed in doing freelance writing, you can impose the following rules on yourself to boost your chances for success.Read more
Attracting big clients is something small businesses should not hesitate to set as a goal. There’s nothing wrong with being too ambitious in running a business. It is something that should even be encouraged. It’s not impossible for small businesses to compete with bigger businesses for clients that are traditionally served by bigger and more established firms. Big potential clients will not prevent themselves from doing business with a small business as long as they get what they need and want.Read more
Seminars and workshops should be held in venues that provide the best environment for discussion, teaching, and learning. Also, they should help boost the image of the company. They have to leave a good impression to all participants by being in a convenient location that is well-equipped, well-lit, properly ventilated, and comfortably-sized.
The following are 5 highly recommended spaces or venues for workshops, seminars, or other activities involving 20 to 50 persons.Read more
Meta: What are the specific benefits of APEC 2015? Is it really worth spending P10 billion, massive inconveniences, and public anger on?
Has APEC really made impact? Did it really leave something beneficial for the country? These are important questions to ask and discuss considering the billions of pesos spent for the event and the massive inconvenience it has caused the public.
In his speech at the APEC SME Summit, President Aquino said that he couldn’t help but be “impressed by what APEC has been able to achieve.” You may ask, what specific achievements? In the eyes of ordinary Filipinos, the APEC Summit is nothing but a major inconvenience. Not many can see beyond the encumbering closing of roads, no-pay holiday declaration, and the temporary solutions to the unsightly parts of Manila.Read more
Stephen Forte, managing director for a global early stage VC fund, shares an interesting story in a post on e27. He tells the story of a friend he recommended for a project management post at a startup company. This friend was highly qualified but the startup company decided to choose somebody else, somebody who could brag of having project management experiences at big companies. His friend spent most of his professional life at startups. Forte is wondering if this was a good decision on the part of the startup.Read more
It’s likely that when you went college to finish a “for employment” course, you were one of those who dreamed of an esteemed white collar job that entails being part of an office. There’s this prevailing preconception that having a decent and satisfying job means working at an office. However, once you reach the age when you become aware of the realities of life, you start changing your perception and perspectives. Suddenly, being an office employee is no longer as prestigious as it used to sound.Read more
HOW DO YOU IDENTIFY AND GET THE RIGHT WORKSPAE FOR YOUR TEAM?
This question sounds plain and simple but not every manager or team leader may come up with the right or completely sensible answer. If you are one of those who encounter some difficulties answering this question, the following tips should help.
1. Find the right location.
What is the right location? The answer here depends on what your team needs and prefers. For most, satisfying the “need” may already suffice. Ideally, you should get a location that is near your address, your employees’ residence, and your clients’ location. Of course, it would be extremely rare for this ideal scenario to happen; that’s why you need to carefully evaluate your priorities. When talking about “need,” what it mostly entails is the accessibility of the area (should be easily accessible with public transport) and the proximity to utilities and other establishments where you may get your supplies.
2. Know the type and amount of workspace needed.
Should you get a conventional office space or would a serviced office be a more preferable option? Or maybe a coworking office space will already suffice? Understand the differences among these options and take into account the pros and cons.
Here are brief overviews of the three:
Basically, a conventional office space means that you will be paying for the periodic rent and you will have to take care of everything after you get the keys. It has the advantage of giving a tenant greater control over everything inside the office but it also means that you would have to get your own people to do the cleaning and maintenance work. You may also need to spend for the furnishings.
A serviced office is an office or office building managed by a facility management company. Typically located in business districts and large cities, it already has everything that is needed in an office. Additional services may be provided upon request. Good examples of this type of office space are those being offered by Compass Offices.
Co-working spaces, as the name implies, are workspaces shared with other persons (usually freelancers) or with personnel from other organizations. This would be the cheapest option but you will have to bear with the fact that the space you will be using will not be exclusively yours. Still, there are major advantages that cannot be ignored. Companies like Acceler8 provide strategically located coworking spaces that offer the advantages of convenient location, easy scalability, and access to essential services.
If you have a small team of around 3 to 5 people, it will be better to go for coworking spaces. You can just move to a bigger place, a serviced office for instance, once your team grows. Usually, you will not be bound by long-term contracts so moving to a new office shouldn’t be a problem.
3. Choose a space that comes with complete business facilities and extra perks.
If you have already determined the right office type and size at the right location for you, make sure that you will be having access to complete business facilities and take into account the perks you will be getting from the options you are considering. MyOffice, for example, has great DIY workstations complete with printing and scanning equipment. The company’s spaces could be the most suitable for the type of work or project you are doing. There are space providers that offer innovative perks like the free networking events of Impact Hub. Some offer other enticing perks like free access to a common meeting room and kitchen as well as complimentary Wi-Fi connection and supply of water, coffee, and tea.
4. Use FlySpaces.com
If you are having a hard time finding excellent workspace options in the Philippines, use FlySpaces. The site allows you to quickly find the space you need. You just have to select your city and the category of the space you require, and you will have a myriad of options complete with all the details you need to make a well-informed decision, from the rates to the capacity and special features. An interactive map is even conveniently presented alongside the space options available. Even better, you can quickly rent the space you find through FlySpaces. You just have to sign up for an account.
5. And lastly, come up with a shortlist and make your team vote.
Who else gets to say that you've made the right move? Yep, you got that right - YOUR TEAM!
If you are not sure which workspace is the best one to get, have your team involved in the decision making proces. Choose at least three options you deem worth considering and bring them to a vote. Of course, it would help if pros and cons were already identified so it's easier and less time consuming. Present all the information you have about the options and encourage the team to provide some inputs before proceeding with the vote.
In sum, the best workspace is the workspace at the right location, with the right size, the right type or set-up, and the desirable features and perks. If you consider the tips mentioned above, finding the best workspace for your team shouldn’t be difficult.Read more
The last day of October is fast approaching. It’s just a matter of days before the time for Halloween parties. If you are one of those who still don’t have a venue for the upcoming Halloween activities, don’t hesitate to consider the following options:Read more
Manila is arguably the most prominent place in the Philippines when it comes to social and business events. Foreigners and locals alike point to Manila as the first stop for anyone who wants to learn about the Philippines. To clarify, though, Manila here refers to the entire Metro Manila region, which includes the Philippine capital Manila City and other well-known cities such as Makati, Quezon, Pasig, Taguig, Pasay, and Parañaque.
Manila is dotted with a multitude of great spaces that will likely appeal to anyone who is planning to rent a venue for whatever purpose. In fact, these venues tend to be more preferable and valuable compared to others located outside the metro. While it’s true that these venues become more preferable because of the simple fact that they are in Manila, there are other reasons why they are amazing.Read more