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Business To Business Office Furniture – A Special Class In Itself

Business to business or “B2B” is a term commonly used to describe the transaction of goods and services between two businesses. Such entities are usually large corporations. Hence, business to business office furniture is required by large corporations.

On the other hand, the abbreviation B2C is used to describe the transactions between businesses and direct consumers. B2B transactions are performed in much higher volumes as compared to the B2C transactions.

All large corporations, the world over, constantly strive to not only increase productivity and stay efficient, but also to recruit and retain efficient employees.

These corporations select their office furniture very carefully.

This is so because, good furniture not only attracts clients, but also makes them feel that the office and the business are both reputed. It has an impression that lasts long.

However, when you are going to buy the furniture, see what your budget is, and choose accordingly. It is not that you will get good furniture quality, design and style only at high costs.

When you are planning what furniture you need to buy for your office, it is recommended that you list down all your furniture requirements. While you are listing down these things, make sure that you do not buy any furniture in excess. Anything that is not necessary should not be purchased. If you fill all the office space with furniture, the area will tend to look smaller.

You can choose to buy business to business office furniture either through the internet, or from furniture stores. Then there are some professional firms also, who design furniture for offices on the basis of individual specifications.

There are several websites on the Internet that display a variety of office furnitures. These furnitures are available in different colors and sizes. Shopping through the Internet saves a lot of time. Make sure that you check the consignment properly before you make the payment.

The option of leasing out business to business office furniture is also available for those who cannot pay otherwise. Office furniture is leased out for a pre-defined period of time. Thus, you can choose from a wide variety of furnitures available. You may also change your furniture frequently, which you may not have otherwise thought of.

It is also necessary that you choose the furniture according to the size of your office. If your office is small, choosing Modular Furniture may be a suitable option. It is compact, which makes your office look spacious.

Therefore, if you are starting your business from home itself, then modular furniture will be most suitable for your modular office. The modular business to business office furniture is portable. You can carry it easily. They are easy to replace and there is a wide variety of colors and styles available.

Why You Should Not Avoid Buying Business Building Insurance

You may have several reasons to say you do not need business building insurance. You probably believe that the insurance you currently hold is sufficient to cover all risks that the building may ever face. You may also feel that the business alone is not worth spending more money on as it is not giving you the desired returns. Whichever way you feel one must say you are wrong on both counts. Let us explain why you are and will be considered wrong at all times on this matter.

The insurance you were asked to buy covered the structure and perhaps some other parts of the building. It did not give you any guarantees that the business you conduct from the building will also be covered under the same policy. It is also possible that you never mentioned the word business to your insurer when you took over the building. Therefore you had not been asked to purchase such insurance. You were only provided with a building insurance policy, which covered the most common aspects of buildings.

Now if you are thinking about starting a business or have already done so, you will need to get yourself this type of insurance policy. If you are lucky, your existing insurer may be able to accommodate your requirements and upgrade your existing policy to cover your business as well. However if they are not able to do so, you will have a search on your hands, which can be a prolonged matter.

You will have to contact your broker and ask them for a quote for business insurance. You can be sure they will be able to find an insurer for you who will be able to get you the insurance. They will pose some questions to you about the business and all information related to the same. They will want to know details about your current insurers for the building. They will offer you a quote for the business only after taking into consideration all risks that the business is exposed to in the course of day to day operations.

Business building insurance is just a small addition to the premiums you are already paying on the building insurance. If you try to avoid this particular subject and an incident takes place in the building, you could stand to loose everything you ever invested in the business. Any damages to the structure of the building would be compensated by the insurers of your building. You would however be left high and dry as far as the business was concerned.

Seven Steps To Successful Selling

Did you know… Not having time for prospecting is called “AVOIDANCE”. Your value as a sales professional is related to what you ask, not what you tell. The person asking the questions is the one in control. Talk 30%, listen 70%. Follow this 7-step selling process and you’ll win every time!

Create bonding and rapport right away. Build rapport with the prospect before trying to sell. Make a connection in the first 10 to 15 minutes or it’s over.
Cover all aspects of the initial contact. Restate the reason for meeting (phone call), the expected outcome and verify the amount of time you have for the meeting or conversation.
If the prospect doesn’t have a problem to solve, move on. If the prospect isn’t experiencing any problems, move on. For example if they are outgrowing their current space, or their lease is expiring – they have a problem. If all is well for them, stop here.
Does the prospect have the necessary budget? Be sure to determine if they have the funds allocated for this real estate transaction. If not, move on.
Who are the decision-makers? Find out who is involved in making the decision, the time frame and criteria being used. Is the prospect interviewing other brokers, etc.?
Closing the sale. Make the presentation, ask for the business, get the sale and get out. Don’t oversell.
Post-sale check-in. Be sure there is no buyer’s remorse. Ask if there is anything that will change their mind.


Commercial Property Insurance: Important Considerations

All kinds of businesses or enterprises will have to deal with recovering from financial losses especially when it comes to property damage thereby making commercial property insurance important. All that is required is that the company pays premiums. This small amount is nothing compared the recovery of an uncertain and bigger future loss. This is the reason why getting the right kind of commercial property insurance is a crucial element in the company’s financial business plan. There are lots of things important in knowing about a commercial insurance such as this and one of which is its coverage.

All businesses need to have an insurance coverage. There are laws from different states that make it mandatory for all its residents to have this kind of insurance. Generally, however, not all events are covered by a commercial property insurance. These events include flood damage, earthquakes, acts of war, property in disrepair such as a worn out plumbing, heating units, electrical wiring, air conditioning units, roofing and the like. That is why the policies offered by the insurance companies are explicitly indicated in the terms and conditions section of the policy. Most of the time, the policies will cover damages caused by hail, tornado, hurricane, theft and even fire.

There are a number of benefits that commercial insurance policies provide their clients. While each company has their own set of privileges, it will still be best to find out which one suits your preferences best. One of the chief benefits in getting an insurance policy is the recovery of losses when a tenant leaves the rented space of the commercial building before the lease expires and without giving the building or business owner any notice. A tenant who is also legally evicted before the end of the contract or when he stops paying the rent, the insurance company comes in to cover the loss.

Coverage for structural damages made by tenants can also be a factor including a situation where the tenant steals from the property. Commercial insurance plans also include recovery for legal expenses. In short, coverage includes loss of rent, property rebuilding, accidental property damages, public liability, as well as other similar exigencies.

With all the different kinds of insurance policies in the industry today, business owners will always choose the commercial property insurance. When it comes to this, the plan of insurance will cover both permanent and temporary damages to the property. This could either be in the form of a natural or manmade disaster which the insurance provider will assess the damage as well as compensate the business owner for the same. This is one of the many benefits of having an insurance policy because the business gets to recover from its losses.

Comparing Commercial Property Insurance Quotes Online

If you are in business it is more than likely that you either own, rent or lease some type of commercial property or premises in which to carry out the business activities.

The buildings and or premises contents will need insurance cover, however if you are just starting out in business it is unlikely that you are aware of either the costs of commercial property insurance or the types of policy and covers that are available.

In the past businesses tended to rely upon the services of a local commercial insurance agent or broker to advise upon property cover and research quotes.

Times have changed and today the Internet allows an individual business person to research online for commercial property cover and compare premiums at the click of a mouse.

There are many types of providers of this cover online from small insurance brokers offering specialist services and quotes from schemes through to large price comparison websites comparing quotes from multiple providers and direct commercial insurance companies offering their own products.

Within these groups of providers are various types of policy and package aimed at differing business premises and trades for which property insurance quotes are provided.

Office packages cover all businesses operating from offices, for both buildings and contents. Many offices are rented and the tenants can get quotes online to compare for just the contents property.

Commercial property insurance comparisons for landlords and let property are widely available online from comparison sites, insurers and brokers, for when buildings only cover is required by the owner.

Similarly with a shop package which covers buildings and contents insurance for all types of high street properties from shops to take-aways and restaurants, quotes can be obtained from all three sources online and for either building or contents risks combined, or alone.

Even those larger businesses that use the services of an intermediary due to the complex nature of their business, can easily compare commercial property insurance online to assert or not as the case may be, that their broker is providing the best deal.

Where a commercial enterprise does not fit a standard online property insurance quotation system, the business owner will need to complete a more comprehensive application which specifies the property risks they wish to insure.

This is known as a commercial combined property insurance policy and it is not possible due the multitude of various businesses that do not fit standard underwriting criteria, to compare quotes for these types of commercial property online.

As with all insurance it is a straight-forward process to search online and shop around for commercial property cover. When comparing prices and premiums online it is important to remember to compare the policy covers as well, as not all policies are the same.

Best Commercial Property Insurance Plan For Protecting Your Interest

Protecting the property is the responsibility of its owner and the responsibility becomes even more pronounced in case of commercial properties. Best way of protection for life, belongings, and property is always the best insurance policy and that is why this insurance is assuming great significance these days.

Various Types of Insurance

Multiple types of insurances for the commercial properties are there. These include

Insurances for properties where the entire extent of immovable properties are covered under the insurance plan.
Content insurance that covers all the movables that are present on the property insured. It includes furniture, all types of antique items, paintings, carpets, and the likes.
Comprehensive insurance that covers both movables as well as immovable properties.

Factors Taken Into Consideration

In deciding the best type of commercial property insurance, a few factors are always taken into consideration. These factors are

Total area and extent of the property.
Type of landlord to whom such commercial property belongs.
Tenants types that also are a major factor for determination of the insurance plan.
Possible excess amounts that would be required due to claims made by others affected including the employees.
Discounts on the policy and the type of premiums that has been opted for by the insured.

When Insurance Relates to the Landlord

In many cases the insurance plan related to the commercial property is also related to the landlord insurance. For instance; there is the insurance plan that is buying to let. In case of such insurances it is necessary that all the eventualities are covered so that all the requirements of the insured are covered perfectly. When the policy is good and comprehensive and it will offer coverage on rebuilding of the property as well as other exigencies like the liabilities of the landlord to the tenant and the public as well as the loss of rent and such others.

Insurance is Vital for Landlord

Basically landlord and commercial’s property are two aspects of the same thing. A landlord rents out the property he or she has and that obviously is property of commercial value. Insurance for protection of the property is vital for the landlord. However most of the landlords also commit the identical mistake of considering the house owner insurance they have to be sufficient for their commercial property as well. Unfortunately, that is far from the truth. House owner insurance does not help when the landlord lets out his or her property as the same is now commercialized by letting out in lieu of money.