So your meeting room in Leeds didn’t cost as much as you’d anticipated. Perhaps the catering wasn’t as expensive as you’d imagined, or maybe the meeting room venue was cheaper, or perhaps the IT back-up team you’d budgeted for was included in the overall cost of hiring the meeting room in Leeds? Whatever the reason, the meeting is over and you’re ‘quids in’. So what do you spend the money on?
Carrwood Park explores 14 ways savvy businesses could spend money leftover from their meeting room in Leeds’s budgets.
- Advertising
With more money to play with than you’d expected, now’s the time to pump some pounds into marketing campaigns to help grow your business. Whether it’s an advert on a local radio station or on a grander billboard scale, now’s the time to get your brand onto the street and start reaping the benefits of advertising.
- Anti-virus software
No company is immune to potential cyber-attacks and if you do become victim to such attacks, the consequences can be devastating. Using some of the funds on purchasing quality ant-virus software to protect company computers and other devices could prove one of the best investments you make.
- Build a stronger website
Are you happy with your business’s website? Does it convey the message and personality of your brand in a convincing and appealing way? If not, it might be a good time to analyse your website and spend some money tweaking or renewing it if it’s not up to scratch.
- Create a website
Or, worse still, your company might not have a website. Whilst this might surprise you, research conducted earlier this year by Clutch, found that 25% of small businesses don’t have a website. Quite simply, if you’re guilty of being a website-less SME then using some of the money left over from your meeting room in Leeds to build a website would be a savvy, if not obligatory move.
- An IT team
If you’ve ever experienced an IT hiccup, whether it was during the normal daily operations of your business or occurred during a meeting leaving you red-faced and sweaty, you’ll know how embarrassing, time-consuming and costly an IT blunder can be.
As Winman Advanced ERP Systems writes in an article about savvy ways for companies to spend money, hiring an IT technician will help keep your IT network running smoothly and efficiently.
Or if your leftover budget doesn’t quite stretch to hiring your own IT technician, why not think about hiring office space in a co-working venue that has its own IT support team, like at Carrwood Park?
- A social networking campaign
Did you know that over 1 billion people worldwide use social media?
As Social Media Today writes, social media helps companies deliver better customer service. It helps brands to manage their reputation, drive brand building and differentiation, increase trust, obtain real customer insight, and help keep customers engaged with your products and services.
With such compelling benefits in mind, using some of your leftover budget to pump into a comprehensive social media campaign would make a lot of sense.
- Another pair of hands
As US News advises in its blog about ‘5 Things Every Entrepreneur Should Invest In’, “attracting the best talent can keep productivity high and goals on target.”
Business growth is nurtured with the right team on board and if you feel you a juggling too much within your business, now might be a good time to employ another pair of hands.
- Technology update
Is the faithful laptop you’ve relied on for the last few years starting to chug along a little slower than you’d like? With funds leftover from your meeting room in Leeds, now might be the perfect opportunity to treat yourself to some new technology that is likely to save you valuable time.
- Outsource tasks
As we wrote in a blog about things entrepreneurs should outsource, outsourcing certain tasks, such as copywriting, web design, human resources, tax preparation, call centre staff, social media managers, amongst many more, would save yourself and your company precious time. With more time on your hands you can concentrate on what you do best, running your business.
- New office furniture
If the furniture in your office looks a little dated and is about as comfortable as sleeping on a bed of nails, now might be a good time to update it.
It’s been said before and we’ll say it again, comfortable and stylish office furniture can have a direct effect on employee productivity. So what are you waiting for, invest some of that saved money from your cheaper than anticipated meeting room in Leeds, for some new office furniture.
- New business cards
Upgrading your business cards might sound a little trivial and unimportant but according to Real Men Real Style, “every man needs a business card.”
We’d like to hope every woman did too! If your business card needs updating or, worse still, you don’t even have any, pump some of those leftover funds into a sparkling new business card, a fundamental yet effective form of company marketing.
- Office materials
In fact spending some of the leftover budget on other essential office items, such as ink for printers and company stationery, wouldn’t go amiss either.
- A virtual office
With some additional money to play around with, give your business a more professional injection with a virtual office. Virtual offices, like those at Carrwood Park, enable you to have a professional registered address and have all your calls answered quickly, efficiently and professionally.
- A company social evening
When was the last time you took your employees for a drink? Okay with a tight budget you might not have been able to afford such luxuries but now with some leftover funds to spend, you’ve got no excuse!
If you are looking for quality, well-facilitated and easily accessible meeting rooms in Leeds, get in contact with Carrwood Park to find out more about our quality and cost-effective meeting rooms on the outskirts of Leeds. You never know, you might have some money left over to spend on some of the above after holding a meeting at Carrwood Park.
