If your business is successful, at some point you are going to have to think about getting places for people to stay. Whether it is due to expansion across a territory, business trips to new areas or just a few days of team building, it is going to be a necessary cost.
But where do you stay? Here are some tips to help you on your way.
The Budget Hotel
Budget hotels or motels are perfect if you are just dipping in and out of a new city. They are short on costs, and most will provide you with the basic facilities you need to keep in touch with the workplace. Expect WiFi, a telephone, and a hearty breakfast – although you may have to pay extra for all of them. However, there are negatives. You need to research the location first. It’s no good sending your best salesperson to pitch for new business if they have to stay next door to an all-night club the evening before. Never book blind.
The Medium Stay
If you are going to be away in the same place for more than a couple of nights, you will need to think about something a little more comfortable. If you want to keep performance up, then a motel stay just isn’t going to cut it, and will lead to lost deals. Of course, a stay in a more expensive, plusher hotel will cost you more. But think about the benefits that will come back from it. That could be new clients, or knowledge from a conference, for example. Work out how much you think you can get out of the trip, and tally it in with how much you can realistically afford. Somewhere there will be a happy medium.
Corporate apartments are easy to find, easy to rent, and a great idea for getting the company together. They can be found in surprising places, too. These corporate apartments are run by a company that provides a service for forces veterans, for example. It goes to show that if you look hard enough you will soon spot a good deal. Apartment stays are great for team building exercises, or long conferences that key staff will be attending. They are an investment, but if it balances with what you get back it is worth going for.
The 5 Star Treatment
However successful your business is, there is no excuse for sending your staff to full-on, five star hotels for work. All it is doing is massaging your own ego. Imagine being an employee and staying somewhere that you could never afford. You will be treated amazingly well and probably have a great time. But the big question is, will you do any work? A good pampering never did anybody any harm, but I think we can all agree that it isn’t exactly an incentive for a hard day’s work. And it’s an easy way to lose money.
OK, that’s your lot. Hopefully, you’ll have a good idea of what to look for. Booking accommodation is important if you plan to expand and grow your business, but make sure it is done right!