2008 – Business Start ups and their first offices

20 05 2008

The business recently launched the second stage of web site development for www.millionimpossible.com and the new site has been well received and has so many new features including the new an exciting Mi Tube adition……. The business is now 6 months old and we are on the move to a new office.

We had planned by this stage to move to a new office which would enable head count growth to hit 30 then on growing our target of creating 80 new jobs in Essex. The business was behind schedule on stage two launch by 4 weeks and with the 3 weeks delay with our initial launch has meant that we have to make an interim to move to a slightly bigger office to enable to the business to consolidate and strengthen our product offering.

Perhaps we were to ambitious on our targets but targets are what drive businesses forward. Lessons are learned every day and one of the many lessons that we ave learned since we launched is that you cannot control technology – when it works and the systems runs smoothly you can go home at night and relax, when it goes wrong or gets delayed you get stressed to the max!

We report to a board of directors who control and guide the business and like any board they want to see targets met and exceeded wherever possible…. The new office will enable our head count to grow to around 15 heads and we hope to move to our larger premises in about 2-3 months.

The business is at a very exciting stage – THE SIX MONTH STAGE – the stage where many businesses fail!

On one hand we have come so far and the other hand we are behind on our expectations. Million Impossible was created to show that anyone with a dream and limited capital could create a flourishing business. We are no different than most Entrepreneurs and we face all the challenges that comes with growing a business…..

Moving office is like moving home and it can be a very stressful process. So here are out tips for startup businesses that are either going into their first office or looking at their second move…

  1. Business Centres are a great way to start your business and offer easy in easy out terms. Phone lines can be rented with having a big set up cost and most offer broadband as well (but watch the broadband costs the can be dear) you are better of having your own broadband installed.
  2. Deposits are normally a month in advance and a month deposit and you very often start in a centre and if you grow you can increase the size of your office within the centre
  3. Most centres have break out areas and meeting rooms and some have board rooms offering projection systems and plasma screens
  4. Phone calls can be expensive as the centre usually make a big markup..
  5. Some business centres have contacts and access to local funding grants which can help your business grow and some have Innovation Teams and Mentors which can guide and support you.

 We totally recommend that Start up business should consider business centres as an option for their first move. We are based in The Essex Technology & Innovation Centre and the have served us very well during our launch/ start up phase….. visit http://www.exdra.co.uk/ for further information on business centres.

Regards Bradley
The Unknown Entrepreneur
www.millionimpossible.com – Entrepreneur website (Register Free)
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3 responses

20 05 2008
Credit Crunch » 2008 - Business Start ups and their first offices

[…] Mortgage And Banking wrote an interesting post today onHere’s a quick excerpt The business recently launched the second stage of web site development for http://www.millionimpossible.com and the new site has been well received and has so many new features including the new an exciting Mi Tube adition……. The business is now 6 months old and we are on the move to a new office. We had planned by this stage to move to a new office which would enable head count growth to hit 30 then on growing our target of creating 80 new jobs in Essex. The business was behind schedule on stage t […]

29 05 2008
reaffirmation

reaffirmation says : I absolutely agree with this !

3 06 2008
Silenus

Silenus says : I absolutely agree with this !

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