If you are searching for Katy, TX meeting rooms near me, look no further. Titan Business Suites takes pride in providing clients with a leasing experience like no other! Leasing with us includes no contract traps, flexible plans, a receptionist at your request, and so much more. Also, keep in mind that each conference room, private office, and virtual office are already fully furnished. If you are looking for new office space, do not hesitate to give us a call.
Titan Business Suites Meeting Rooms
Here at Titan, we provide the executive meeting space and conference rooms you need at an affordable price. Our conference rooms have the capabilities to hold conference calls, access visual aids, and even facilitate business or corporate meetings with the best solution for your business. Our Katy conference room rentals and business spaces for rent are both open to members and non-members and can be booked for 1 hour, 1 day, or 1 week. Woo your clients, partners, and staff by renting one of our state of the art conference rooms. These rooms come with the following:
- Accommodates up to 10 co-workers or clients comfortably
- Access to thousands of meeting rooms and touchdown office space worldwide
- Displays graphics on a high-def screen
- Wireless Connection made available
- HDMI adapters, including Apple TV equipment for Mac users
- Glass dry erase boards
- Conference call capabilities
- Ability to conduct both meetings with privacy, comfort, and professionalism
- Access to our luxurious coffee bar and staff services
Managing Entrepreneurial Risk
Small business owners face a slew of risks that employees typically do not. They are risk-takers to the core which can result in negative financial outcomes. However, a financial advisor can really help you build up a portfolio for clients who are small business owners so that the negative impacts don’t end in disaster.
Risks that Small Business Owners Face
Besides the non-financial risks that an entrepreneur takes, there are several risks that are typically associated with beginning a new venture. The guaranteed steady income that is associated with a W-2 wage-based job is almost non-existent. Therefore, debt may also increase due to credit cards, personal loans from banks, or peers.
The impact of no positive cash flow can be extremely detrimental to your best. Therefore, nest egg depletion and increased liabilities can cause major problems for your small business. It is crucial that one creates an investment portfolio correctly so that they combat these risks.
Managing Lost Income
Although you breathe innovation and creativity, it is significant that your business provides financial success. Therefore, this means sacrificing a steady paying job to start your own. Your primary focus when starting your own business should be creating a new portfolio to focus on the growth of your business. Therefore, your portfolio should be altered to focus more on income-based investments, such as bonds. Factors to consider are things such as Exchange-traded funds or ETFs which pay out their income and dividends monthly. For instance, if an entrepreneur’s portfolio is worth $500,000 and it is completely restructured to have a yield of 6% which could provide $2,500 per month of income!
Managing Savings Depletion
A small business owner may decide to use capital in saving accounts to assist them in funding their business. Their financial advisor can reduce the effect of this by reconstructing their portfolio to lean towards income-based assets. As time progresses, the interest and the dividend may help rebuild any used-up savings.
Furthermore, the advisor can also assist with taking part in the original portfolio to cover the necessary capital expenses. For instance, if an investor has a 500k investment portfolio and $15,000 in savings, and only needs $10,000 to help start a business. It will be much easier to just sell some of the assets in the portfolio, reducing it to 490k, and leaving the savings alone. Cash on hand and liquidity is much more significant in the short term for general lifestyle and emergencies.
Managing Increased Liabilities
When starting a business, you should start with as few liabilities as possible. Although, the business owner may need to take on debt in order to get the business back in operation. The best way to alleviate this problem is by creating financial projections for the business and work exclusively with a financial advisor. This portfolio should be very detailed and including a monthly cash flow projection for the business owner’s life. Once in place, it can be easy to see where the business needs to make adjustments. Therefore, if the investment portfolio is restructured, certain personal expenses must be reduced as well. Or, in the worst case, the entrepreneur may need to sell off major items, such as property or vehicles.
Are You Looking for Katy TX Meeting Rooms near me?
Titan Business Suites is all about helping you enhance the flow of your business. We understand the many risks and challenges involved in operating a business. Therefore, we have all you need, from fully furnished spaces, conference rooms, to private offices and virtual offices. We also have a receptionist that will direct all calls directly to your business. We also have the most flexible plans to choose from with no locked-in contracts. Let the experts here at Titan help you grow your business while impressing your clients and employees at the same time. Stop searching for Katy TX meeting rooms near me and give us a call at 281-769-8181 today!
Katy, TX Fun Facts
- Katy’s main industry was rice but was also known for peanuts, cotton, and gas.
- The Name Katy comes from the “K-T Railroad” that runs through the city.
- Hundreds of geese and wild birds migrate to Katy TX each year. There are many statues of geese around Katy.
- Katy has ten parks, including Heritage Park, best known for its restored buildings.
- For more information, search Katy, TX.