Tag Archives: US

3 Impressive Locations for Your Executive Office Suite

If you are currently on the lookout for a prestigious executive office, you’ll be glad to know that the States is filled with them. In fact, the problem isn’t finding a good workspace. It is learning how to spot the ones which can offer you a perfect balance between attentive service and creative freedom.

Whether it is Illinois, California, New York, Pennsylvania, or Montana that calls out to you, there are a few essentials to keep an eye out for. The first is very fast internet speeds. Only the most sophisticated networking technologies are enough to sustain a modern business. The second is flexibility. Negotiable terms are important, as they allow companies to remain agile and ready to respond to market shifts.

This guide to the top cities for ambitious businesses will help you decide where you want to start your search for executive suites and prestigious corporate addresses.

New York City

There’s no getting around the fact that NYC is an expensive place to operate. This is the case for businesses of all shapes and sizes. The market is fiercely competitive and it can often feel like the veritable jungle which people like to call it. On the other hand, there is no more exciting place in the world to launch a company. If you can make it here, you can make it anywhere.

The key to thriving and surviving here is mastering the art of balance. Keeping tight control over your overheads is essential. The line between profit and loss can be very thin in NYC, so look to minimise waste wherever possible by opting for short-term, negotiable leases. Lock in clauses will only tie up your capital and prevent you from changing your office arrangements even if the future of the business depends on it.

Chicago

Or, perhaps a fully equipped executive office in The Windy City would be a better match. In 2014, it made a list of the best places in the US for startup ventures. Like many cities, it is currently experiencing a tech boom, so it is worth a look if you have digital products or services to sell. Chicago is a little less fierce than NYC and friendlier to small businesses.

North Lasalle and North Wacker are both popular areas with tech start-ups. In fact, North Lasalle is particularly celebrated. If you choose an executive office suite here, you’ll be among luxury apartments, riverside boutiques, and some of the most prestigious corporate addresses in the city. Plus, with a short-term lease, you can enjoy all of these benefits while retaining your freedom to up or downgrade when it suits.

Miami

The Southeast Financial Center of Miami is located downtime, close to some of the most high-profile business addresses in the city. It is a great spot for entrepreneurs and SMEs with big plans to attract big investors. In 2009, a UBS study ranked it the fifth richest city in the world for purchasing power. Miami is fast paced, vibrant, and unashamedly indulgent.

The big draw of this city is its popularity with tourists. It welcomes a huge number of visitors, from all over the world, and most are looking to splash out and try new things. For this reason, Miami is friendlier to new businesses than a lot of other US locations. However, entrepreneurs should still take care to minimise their overheads, particularly during those first few years.

Why Serviced Offices Are A Low Maintenance, Low-Risk Option

The USA isn’t always the easiest of countries to find success in business. This vast landscape offers so many jarringly different and distinct cultures that it can be tricky to know which one will fit your brand. This is why careful planning and a flexible approach to working models is a good idea. That way, if you do pick a location and move into a serviced office, you have the freedom to make a change if it turns out that the culture or market aren’t very nurturing.

Evaluating Market Performance Amidst US Rate Hike Speculations

Trading in CFDs is a popular alternative for many traders, particularly because of the high leverage they offer and the freedom of trading without owning an underlying asset. When trading CFDs, it is important to understand the various aspects that may influence the performance of instruments such as currency pairs, stocks or commodities. The latest event to sway performance is the speech by Janet Yellen, Chair of the US Federal Reserve. There were different effects before and after the speech given on Friday, August 26. The speech was at the Jackson Hall Symposium, a yearly meeting of central bankers. The speculation of whether there will be a rate hike is what drove the varying performances in different markets.

Before

By the close of day Thursday, European markets registered sharp losses. The STOXX 600 had all sectors posting losses with an overall fall of 0.84%. Healthcare, miners and auto stocks are some that were in the red as investors eagerly waited for the Yellen speech. There was also a 0.28% fall in the FTSE 100 in addition to other European markets like DAX that slipped 0.88% and CAC40 that closed 0.65% down. For crude futures, the prices had gains and losses fluctuations but rose with Brent at $49.47 and US Crude at $47.04 in anticipation of a weakening dollar after Yellen’s speech. European market stocks did, however, post mild gains ahead of the speech.

After

When Janet Yellen gave her speech at the Symposium, she hinted at a US rate hike by saying that the case is strengthened. Although cautious with her comments, investors got the message and that had its effect on the markets. Shortly after the speech, Brent crude was up 50 cents, meaning it went past $50 a barrel, but it then fell to $49.90. On the following day, the FTSE100 gained 0.3%. The pound posted some gains and best performances against the dollar since its decline after the Brexit vote at $32.80.

The Impact of Higher Interest Rates

It is useful for traders to understand how an increase in the rate of the dollar affects the market because it impacts CFDs trading. What happens is that when the Federal Reserve raises interest rates while other central banks maintain current rates or lower them, then the US presents a better return on savings than other nations. Due to the flow of international capital from other regions, the dollar is bound to appreciate. A strong dollar will have an undeniable effect on a majority of markets because it will influence asset prices. Of course, some markets are more susceptible than others when it comes to high interest rates. For example, a rise in rates will affect gold negatively because precious metals don’t perform the same as bank accounts. The bond market is one that will experience a lot of challenges from the anticipated rate rise.

CFDs provide a viable alternative for long and short-term traders with options such as currency, treasury, commodity and stock. Trading on CFD instruments involves betting on the rise and fall of different assets without actually owning them. The contract for difference is between a broker such as CMC Markets and a trader where profits and losses rely on the movement of an underlying asset. A trader only has to put in a fraction of their money on an underlying asset but is entitled to 100% of the potential gains and losses.

Even though a CFD trader does not buy an asset directly, the performance of an asset on the market will impact gains and losses; hence, the significance of the US interest rates. A rate rise in the US also has the potential to deflate emerging market currencies, again useful information when trading.