This is the question we’re often asked by Indy entrepreneurs contemplating or starting a new venture. The reason? Because there are no hard and fast rules that define when is the right time to move to traditional office space. How Does a Startup Select an Office? As a result, it’s not uncommon to see startups signing office leases before…
I recently participated in a discussion on the most important variable in making start-up and early-stage companies successful: funding of capital or a talented leadership team. My firm, CARMEN Commercial Real Estate Services, is a professional service provider to many early stage technology companies. I have also personally invested in a number of startups, so…
Startups are becoming increasingly familiar with the tech industry surging with growth, innovation, and talent. Although starting a tech business may seem like an exciting endeavor, plenty of uncertainty tends to hover around the idea of creating one. One of these uncertainties is the startup’s initial office space. Must Read: BaM Featured in Indiana Business Journal for…
It’s common knowledge that the technology industry is booming, with new startups emerging at a rapid pace. With newfound growth, these companies are also considering relocation and the criteria that merits a move. Indianapolis has emerged as an appealing target, earning a reputation as a tech hub of the Midwest. In 2015, TechPoint conducted a study to examine the impact the tech…
The following blog was originally published on American Express’ Open Forum by Nicole Cober, Esq., Small Business and Legal Analyst, NewsChannel 8. @Niccober. *Original content has been edited and modified for length. As you think about business expansion, several key characteristics should be in place. First, your management team and operational systems should be clearly defined and function smoothly. Second, profits…
I began my career in Indianapolis commercial real estate nearly 30 years ago and launched my own business, CARMEN Commercial Real Estate Services in 1993. In the 22 years since starting CARMEN, I can honestly say it has been and continues to be a learning experience…about business, about people, and about life in…
