Flip phones have lost their style—for approximately two-thirds of all Americans that is. They have also been left in the dust in terms of functionality. From news updates to photo editing software to apps that help you to stay motivated, organize your grocery list, or wake you up in the morning. For many, Smartphones are … Continued
Two important concepts related to business growth are efficiency and effectiveness. And both are vitally important. Those thoughts are according to Glenn Smith, a business coach, leadership teacher and CEO of Glenn Smith Executive Coaching. According to Smith, efficiency is important for profitability and effectiveness is important for growth. To becoming a better property owner, … Continued
Calculating a ROI, in theory, isn’t that complicated of a calculation. It is basically taking the gain of an investment, subtracting the cost of the investment, then dividing the total by the cost of the investment. For example, if you buy 10 shares of Natalie’s Pizzeria at $10 a share, your investment cost would be … Continued
Since the start of the great recession in 2008—when investors were just starting to recover from bad portfolio returns, and when companies (the ones that weren’t wiped out) learned how to function in a new lean and mean environment—many businesses have never fully recovered. Not only have they not recovered in terms of the specific … Continued
As a property owner, especially one that owns multiple properties in different geographic locations, your main concern should not be about a window repair, touch up painting, shoveling snow or any other upkeep that might be needed in and around your building. Your focus should be on the actual operation of your business. Having said … Continued
There is an increased scrutiny today on c-suite executives, and with that scrutiny comes a must-have core competency in putting together a convincing business case for any business decision. Why? Because a business case is the communication tool that details the benefits, costs and risk assessment of something. The business case is intended to help … Continued
A property manager is the person you, the owner, put in charge of making critical decisions about your property on your behalf. They can be one of your biggest assets, can ensure your monthly cash-flow, and can add significant value to your investment. Or, if you have a poor one, they can do the opposite … Continued
Recently, Los Angeles-based commercial real estate brokerage firm, CBRE Group Inc. revealed plans for its newest office in Phoenix. At 75,000 square feet, the office was said to house 470 employees and be the largest of the firm’s Workplace 360 global offices. The “Workplace360” Initiative was CBRE’s big initiative designed to promote flexibility, mobility and … Continued
Do you still own an old metal filing cabinet? Have you ever lost a work order, or possibly even completed a different job than you were supposed to? Do you schedule and dispatch work orders over email, and get frustrated with the amount of time it takes to communicate important information to all individuals involved? If you … Continued
It’s common for companies with effective communication practices to have better financial performance. And those with high effectiveness in communication are three and a half times more likely to significantly outperform their industry peers than firms that are not effective in these areas. Those words come from a 2014 study from Willis Towers Watson, a … Continued