Be Productive While Commuting, Else Get Closer

We have been in the business for a long time now and if there is one thing we have seen is how businesses became a success and how businesses failed.

Today, we can tell you one thing. How you use your commutation time can easily be one of those factors which can make you highly productive or the opposite of it. While many people think it is wasted time, there are several ways to utilise it for professional gain.


• While travelling, you need to watch out but your ears are not that much used. You can easily listen to radio or digital broadcast. You can, however, ignore entertainment and listen to an audio book or a podcast on what you do. This is especially suggested if you don't drive yourself.

• Reading emails and answering them is another great thing to while travelling. You can easily check your emails and respond to them than to idly sit or stand in Delhi Metro.

• Make your routine for the day. Using smartphone apps, you can prepare your day for yourself and execute ore efficient time management.

• You can utilise it to prepare for any event of the day. If you have a presentation coming up, you can easily go through the slide one more time and proof-read it or think of a better way of presenting it.

However, it is indeed the best if you can cut your commutation time to a bare minimum. For that, you need to choose a location for work where commutation is swift and hassle free. Emporis Commercial Tower is one of those. This is our latest commercial project Emporis Tower in Noida, Sector 140. It is just beside Yamuna Expressway and you know how fast and free of traffic that road is. You can easily go to the nearest metro station and use Delhi Metro Rail's fine and swift service as well.

Source : http://emporistower.weebly.com/blog/be-productive-while-commuting-else-get-closer

The Proper Way to Start A Business

Research the market before you start your business. Once you are sure that you can earn money from this market, go ahead with the business plan.

The second part of the research is about your potential customers. Who can fit the profile? Can you think of someone? Will they fill up a questionnaire which might give you a clearer idea? How much will they pay? The more you can find out from them, the better it is for your business. There are some paid tools online which you can use if your budget allows it.




You Need a Business Plan

Now that you know the market, you need to know the exact amount you need to invest to set the business up properly. You also need to calculate the profit and break-even point. You also need to do A SWOT analysis for your business.

Business Practicalities

You need to take care of the realities, like registering your company with the registrar of companies, open a company bank account for financial transactions. You also will need to look for insurances and pay all the taxes needed. Once all these are done, you move to the final step, where we can help you. Office Space

Whatever is your business, you will need office space. You will need it in a strategically great location, like Emporis Tower Noida Sector 140, our latest project. Fitted with every modern facility and coming up with banquets, gaming arena, restaurants, bank branches and ATMs, this property is simply unique. Situated just beside Yamuna expressway, it is well connected with every part of NCR.

Source: http://rupeshpanache.wix.com/emporis-tower?preview=true#!The-Proper-Way-to-Start-A-Business/c218b/55e3fac30cf269cc03e682ea

5 things to consider before buying an office

What would you want to know and inspect before you buy an office space? Remember, buying an office space means a huge investment so please be steady and decide well.

• Government Assistance: You can pay a significantly lower down payment for commercial real estate under the Small Business Administration plan from Indian government if you are a small business owner. Most borrowers need to pay 10% of the total amount while banks cover 50% and SBA covers the remaining 40%.
• Consider financial limits: once you buy a place, you can decorate it to fit your need and that can mean tax benefits for small business owners. However, all this will come slowly and only after you invest a fair amount of capital. If you are on a tight budget, you might consider renting the place for a while before buying it.
• Size matters: When it comes to buying commercial space, size does matter. Once you grow bigger than your owned place can accommodate, it will be a difficult problem to solve. You should have a strong and accurate foresight before you invest in an office space.
• Special Zones: You might have special requirements for your business and some things are just banned by law. For example, you cannot open an office in a residential area. So, enquire if the area is right for your business.
• Resale value: sooner or later, you will have to sell the office for a better office. Prepare for the legal issues you might face.

 

Considering all, our new project, Indoworld Emporis Tower in Sec 140 Noida, can be your ideal destination Presented by Indoworld Noida . When you consider the above points, we have covered each of these points in our project. There are special zones for IT companies, resale value in Noida is very high, there are different sizes of offices available and we will help you in every way in getting the finance.

 

Source: http://panacherealcon.bravesites.com/entries/real-estate/5-things-to-consider-before-buying-an-office

Temporary Office Space: Who Might Need It

Temporary office space is usually used when companies don't plan to stay at one place for more than a year. It is more of a makeshift office which is used while the search for a better and permanent office goes on.

There can be a few reasons for this. A company might hire a temporary office while doing a project and once the project is over; there is no need to use that office. Start up companies, with very limited budget, might also hire temporary office spaces which will cost them less money. They will move to a permanent office once they make it big.


Even companies who have permanent offices might look for a temporary office for different purposes. They might open a new branch in a new city and while they search for a better office, they can always use a temporary office.

Once your business needs a permanent office address, you need to buy a space. And if you are in Delhi NCR, where else than Noida to open your new office.

Take a look at Indoworld Emporis Tower in sector 140 Noida, our new project and built by Indoworld. We have acquired the exclusive rights to sell this property.

Emporis Sec 140 is situated in a prime location, just beside Yamuna Expressway which means, you, your employees and your customers can reach it very easily and very quickly, without dodging the nasty traffic of NCR. With modern facilities like double back up power, food courts, banquets, bank branches and ATMs, all weather swimming pool, table tennis arena, basketball court, business centre and innumerable office spaces, this can boost your business manifold. As we have the exclusive rights of brokerage, contact us and not anyone else once you decide to be smart and book early for a better location.

Source: http://rupeshpanache.wix.com/emporis-tower#!Temporary-Office-Space-Who-Might-Need-It/c218b/55e038b90cf2c1d1fd62d883

Pros and Cons of Leasing an Office Space

In the last blog, we discussed the pros and cons of buying an office space. Like we promised in our last blog, here are the pros and cons of renting an office space or taking it on lease.

Let us discuss the pros of renting an office space first

Best property: As leasing is comparatively cheaper, one can look for the best location and maximum exposure while choosing the office.

More working capital: As your money is not invested in buying the office space, you can utilise a much greater percentage of capital as working capital.

Less paper works: Buying a real estate means a lot of complex and tedious legal paper works. When you lease a property, this amount reduces drastically. You can simply rent the space and then concentrate on more important aspects of your business.

However, like it was with buying the office space, renting the office space also has its cons.
Variable cost: Most of the rent or lease agreements come with the terms that the rents will be increased yearly.

No return of money: When your lease expires, you simply walk out of that property. Unlike an owned office space, you don't get anything from the property. Whatever rent you have paid gave you to enjoy the space for the certain time.

Like Indoworld Emporis Noida mentioned in the last blog, there is no clear cut answer to the office space buying versus renting question. We have some great commercial real estate, Emporis Tower in Noida for your consideration. Take a look at that if you are looking for office or shop space in Noida.

Source: http://panacherealcon.bravesites.com/entries/general/pros-and-cons-of-leasing-an-office-space

To Buy Office Space or Not

Our customers often ask us for suggestion, should they buy an office space or lease it? There is no objective answer to this question. There are, obviously, pros and cons of both buying and leasing an office floor.

Fixed cost: You know the exact amount you need to pay and this amount cannot be changed. This helps you to know how much money you should have and can help you to plan in the long term as the property will be forever yours.


Tax Deduction: The associated cost of owning an office space can give you deductions in loan repayment, income tax returns, property taxes and others.

Extra Income: If you are not using the whole of your office, then you can easily rent the extra space out so that you can earn extra.

Retirement: The value of your property will grow up and never down. Emporis Commercial Project Noida Sector-140 is one of our projects and we expect the yearly appreciation for this property to be approximately 30%. Considering this, one can even plan to sell the office while retiring and get a huge amount as retirement fund.

No flexibility: Once you buy the property, it is very difficult to move to another location. Your business might grow in a completely new direction.

Direct cost: buying commercial space in Noida is an expensive affair. You need to shell out that amount from your pocket.

Source: https://emporistowernoida.wordpress.com/2015/08/25/to-buy-office-space-or-not/

How to Decide the Value of a Commercial Price

The price of a commercial property is found out using some simple formula. Using the net operating profit from the property is calculated and this helps us in determining the exact value of the property. So, when you are judging a commercial property, profit and loss statement is what you need to ask your broker. Panache Realcon is one the few agents who provide this statement always to our clients. Like our new project, Emporis Tower in Noida, we will provide every document you will need.

Some brokers might call this profit and loss statement as income properly operating data. Once you have this data sheet, you should then compare these numbers with the numbers you have received from other sources. This comparison is the way to get the real numbers. The problem with commercial properties is that the seller or the agent or the owner tends to exaggerate the income from it. They will also try to minimise the operating income of the property. 

There is an obvious reason behind this. The value of any commercial property is decided based on the net operating profit the property generates each year. The rule of thumb says, for each rupee of increment in operating profit, the value of the property increase by ten rupees. This can be due to increased efficiency which reduces operating expenses or can be from extra rent received. The age of the property also plays a good role in deciding the price.

Once you realise this, that the owner or the seller or the unethical agents will try their best to inflate the profit to get a higher price, you will know why it is so important to research the market before investing in the real estate properties.  Once you have done a thorough market research about the rents in the vicinity or the operating expenses of a similar property in the locality, it will be very difficult for the agent to fool you into a trap.

We, at Panache Realcon, strongly advice you not to only read our documents thoroughly before investing but also guide you to market trends so you can get a realistic view of what to expect from your real estate.