Locate Your Next Office in a Business Centre in Central London

Category:management | telecommunication | Uncategorized | women health

When thinking of where you should rent office space, go for the obvious choice and look at a business centre in Central London. Encompassing three sections of London: the City, the West End, and South Bank, Central London geographically is center of it all. The reasons for moving your office to Central London are countless, but a few are most compelling:

Between the London Underground and Zone 1 public transportation, you will be covered in your transport needs. The drawback is that Central London falls within the congestion-charging zone, where a daily fee is applied for vehicles driving within it. Thus you should consider the cost of doing business in Central London, if your business heavily relies on vehicles.

Banks and Business are already there:
When thinking of relocating to a business centre in Central London, it is important to note that many of your most important peers are already there. Central London is indeed bursting with business activity, but especially The City (or the eastern square mile of central London), which boasts a concentration of banks, insurance companies and other business services. Comparable to New York, The City is surely an epicenter of global finance. There are also some very acclaimed business schools, which could serve as resources for recruiting stellar interns.

The West End however is home to a number of more creative industries, such as media and design studios, as well as museums and theatres. If your business is seeking a fashionable address in Central London than the West End, especially in Soho, is where you want to be.

Incredible Office Space
Certainly important to your move is considering if and where available office space is. There is no doubt that Central London is not just teeming with activity, but also incredible serviced office space.

If you are looking for tall buildings, some of London’s tallest are located in The City; and if not the tallest, certainly some of the most prestigious. 30 St Mary Axe stands as an icon of modern Architecture, and houses an exclusive range of serviced office suites. State of the art facilities and all-inclusive services are available to you today in locations like The Gherkin. Want something more subdued architecturally? Minutes from the Thames River there are a number of refurbished brick buildings that include fully furnished, fully serviced offices, with all the amenities needed.

Cost-Cutting Tips For Medical Practices

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Support staff is often the biggest overhead expense for medical practices so determining if the practice is overstaffed and subsequently trimming the fat where possible can yield substantial savings. Instead of eliminating jobs, can existing staff members such as receptionists, nurse practitioners, and physician assistants be utilized to make doctors more productive? For instance, could receptionists pull and re-file charts for the medical staff increasing efficiency?
Analyze annual raises. Each position should have a competitive median salary range based on the location and industry. If an employee reaches the high end of their salary range, try implementing incentive-based bonuses instead of an automatic raise. Or give them more responsibility to justify a raise. It’s imperative to ensure employees are working efficiently and resourcefully for the salary they earn.
Achieve significant savings by sufficiently recording employee vacation and sick paid-time off – practices literally spend thousands each year in overtime costs because they do not adequately keep track of each employees paid leave.
Re-evaluate supply costs and implement strategies designed to reduce them without forfeiting quality or hampering the needs of doctors and nurses. For example, standardize supplies and medical equipment which allows you to purchase in bulk thus affording you a lower price for each item or unit. Perhaps switching vendors altogether will deliver the most significant savings – research the affordability of online medical supplies vendors or other competitors in the market. Also, make sure you have a well-organized inventory management process in place to ensure you don’t have costly supplies that aren’t being used.
Consider alternative staffing options to minimize costs. Outsourcing jobs such as the transcription of charts and files, bookkeeping and accounting, and payroll processing is typically much less expensive than hiring in-house.
Asses rental and lease agreements and negotiate terms with your landlord when your lease is up for renewal. You should also evaluate your current square footage needs; do you need as much space as you currently have or can you sub-lease or share extra space with another practitioner to save costs?
If you haven’t done so already, consider utilizing medical billing software to streamline and accelerate billing and other practice management tasks.