SMALL BUSINESS ADVICE

Office Evolution's Flexible Workspaces Help Connect South Carolina Business Professionals

Office Evolution | November 17, 2022 | Read time : 02:47 min

Office Evolution's Flexible Workspaces Help Connect South
With more South Carolina-based companies looking for new ways to maintain productivity, innovation, and engagement as the shift to remote and/or hybrid work takes hold; Office Evolution® has the perfect solution. The coworking provider continues to address demand and help small businesses and entrepreneurs by offering convenient and affordable flexible business environments in some of the region's busiest suburban markets. Home to a continuously growing residential population, South Carolina is becoming a hub for small and medium-sized businesses. According to IBISWorld, South Carolina has seen a steady increase in the number of businesses calling The Palmetto State home. With a total of just over 456,000 businesses located in South Carolina and a growth rate of 3.7% over the last five years, this puts South Carolina at seventh in the nation in terms of state business growthi. Office Evolution's two locations in South Carolina, one in Mt. Pleasant, which opened in July of 2019, and one in downtown Charleston, which opened in April of 2017, are experiencing a continuous demand in interest as they consistently help businesses within various industries, including professional services, retail support, and healthcare administration. The two centers provide 14,400 square feet of thoughtfully designed office spaces that create an inviting atmosphere for a diverse business ecosystem. Members of Office Evolution benefit from being part of the brand's nationwide network of coworking locations, where they have access to over 70 other Office Evolution business locations in 25 states when traveling. Office Evolution is also part of United Franchise Group's Coworks™ division, which is the largest privately owned network of affiliated coworking and flexible office space franchises in the world.

"It's clear that working in a hybrid-style format is how businesses will approach work going forward, Having the option to work in a space with all the amenities of a downtown office that is also close to home is appealing to those who want a productive and professional environment. Every Office Evolution location is strategically situated to offer a short commute and the flexibility to choose when and where business professionals work."

Jason Anderson, President of Office Evolution.

About Office Evolution
Office Evolution® (OE), a shared workspace – coworking environment, founded in 2003 and cultivated on the principles of 'Ohana', the Hawaiian tradition that references family working toward a common goal. Office Evolution is part of Coworks™ the largest privately held affiliated coworking franchise network on the planet, associated with United Franchise Group™ (UFG), a successful community of affiliated brands and consultants. Office Evolution is serious about supporting small business owners – the Dreamers, Risk-Takers and Doers who dare to chase their passions. For more information about Office Evolution visit www.officeevolution.com and for information about franchise opportunities visit www.officeevolution.com/development.

About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants including Accurate Franchising Inc.™, Exit Factor™, FranchiseMart®, Fully Promoted®, Signarama®, Transworld Business Advisors®, and the Coworks™ division consisting of Franchise Real Estate™, Network Lead Exchange™(NLX), Office Evolution® (OE) and Venture X® as well as a food division featuring Graze Craze® and The Great Greek Mediterranean Grill®. UFG affiliated brands include over 1600 franchises in more than 60 countries, with consultants that have helped develop over 350 brands into franchises, in over 80 countries with more than 2500 franchisees.  With over three decades in the franchising industry United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

About Coworks
Coworks™ specializes in franchising within the coworking industry, offering solutions, expertise, and shared service options within the flexible workspace franchise community. Part of the United Franchise Group™ (UFG) family of affiliated brands and consultants, Coworks was founded in 2021 by Ray Titus, founder and CEO of United Franchise Group, with the express intention of building a framework to connect a variety of coworking brands, services, and amenities within the coworking industry, providing the largest privately owned affiliated franchise network of flexible, professional, and shared office space options on the planet.

Spotlight

Delphine Pruitt, U.S. Bank VP, Los Angeles Business Access Advisor, discusses the biggest challenges black communities face in building wealth and how U.S. Bank’s Business Access is addressing this need and helping small businesses shine.

Spotlight

Delphine Pruitt, U.S. Bank VP, Los Angeles Business Access Advisor, discusses the biggest challenges black communities face in building wealth and how U.S. Bank’s Business Access is addressing this need and helping small businesses shine.

Related News

BUSINESS STRATEGY

Self Esteem Brands Unveils Partnership, Incentive Program to Increase Franchise Ownership with Minority Small Business Owners

Self Esteem Brands, LLC | November 14, 2022

Self Esteem Brands (SEB), the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Stronger U and Waxing the City, today announced a partnership with The J3 Collaboration Project (J3) and a new diversity franchise incentive program to make franchising opportunities more attractive and accessible for black, indigenous and people of color (BIPOC) in communities across the U.S. The J3 partnership and incentive program are key elements of Self Esteem Brands' social impact strategy: With more than 5,000 gyms and studios worldwide, the company is on a mission to enrich the health, wealth and wellbeing of people and communities around the world. Both underscore a commitment to that mission by directly improving Diversity, Equity, and Inclusion (DEI) across its U.S. franchise network of fitness and wellness brands. "Our global footprint and reach mean that diversity, equity and representation are table stakes for our business – but we need to do more to ensure true representation across our U.S. franchise network, As we work to make an impact in minority communities and drive small business ownership, our partnership with J3 and the diversity franchise incentive will help us build that stronger, more representative franchise owner network across our family of brands." Tony Nicholson, vice president of Franchise Development at Self Esteem Brands. The Self Esteem Brands diversity franchise incentive program encourages minority franchise candidates to seek small business ownership of a franchise brand location in the U.S. – Anytime Fitness, Basecamp Fitness, The Bar Method, and Waxing the City. Qualified candidates will receive a reduced initial franchise fee that is $7,500 less than the standard franchise fee. Interested candidates can learn more at https://www.sebrands.com/franchise/. J3, led by co-founders Jennifer Callender, Johnny Romero, and Jack Wilson, has a mission to increase diversity in franchising. J3 works with franchise brands to create an environment where minority community members can thrive through business ownership. (Separate from its work with Self Esteem Brands, J3 also provides a percentage-based discount in the form of a capital grant for each of its clients who start a franchise business.) J3 and Self Esteem Brands are building grassroots connections in communities and relationships with nonprofits like the U.S. Black Chamber of Commerce, Players Coalition, and historically black colleges and universities (HBCUs). Together, they're also making meaningful connections with the right funding resources, real estate partners, and trade shows that work closely with BIPOC communities. Above and beyond the Self Esteem Brands diversity incentive program, J3 and Self Esteem Brands are actively working to develop additional financing opportunities for prospective business owners from underrepresented communities. For example, J3 is currently working with AltCap, a community development financial institution (CDFI) that helps support underserved communities with financing, to help fund and provide technical assistance to minority entrepreneurs interested in franchising with Self Esteem Brands. As champions of diversity focused on improving our underserved communities, Self Esteem Brands is an ideal partner for us," said Jack Wilson, franchise and independent business broker and co-founder of The J3 Collaboration Project. "Through our partnership, we hope to make the dream of minority business ownership a reality. We're excited to help bridge the gap that BIPOC communities face when it comes to franchise ownership, and we're proud to work with a brand that is actively committed to bettering communities. Self Esteem Brands was recently named by Entrepreneur Magazine as one of the "Top 50 Franchise Companies Doing the Most to Champion Diversity." Its social impact strategy aims to further advance its brands and growth with stronger representation across a wider set of communities in the U.S. and worldwide. Our social impact Self Esteem Brands is on a mission to elevate lives: we enrich the health, wealth and wellbeing of people and communities around the world. We aim to do this by investing in people, neighborhoods and communities and groups in ways to help ensure essential and healthy economic & living conditions exist. From thriving small businesses, to social and recreational spaces, to wellness and nutrition services, Self Esteem Brands works to help people improve their personal health and wellbeing. About Self Esteem Brands Our purpose is to improve the self-esteem of the world. Self Esteem Brands (SEB) is the parent company of Anytime Fitness (the world's largest fitness franchise), Basecamp Fitness, The Bar Method, Stronger U and Waxing the City. Combined, most of our more than 5,000 franchise locations are locally operated across nearly 40 countries worldwide by independent, small business owners. SEB is also the parent company to affiliates Provision Security Solutions and Healthy Contributions. Leading with a culture anchored in the values of people, purpose, performance and play, plus a charitable focus through the HeartFirst Foundation®, SEB seeks to enrich the lives of all who interact with our brands and businesses. Our vision is a world of self-esteem for every human to rise from their challenges.

Read More

SMALL BUSINESS ADVICE

Melio Announces Integration with Xero to Sync Payments Data

Melio | January 25, 2023

On January 24, 2023, Melio, the industry-leading B2B payments platform for small businesses, announced a new integration with the cloud-based accounting software platform Xero. Through this integration, Melio's small business clients will be able to seamlessly sync their accounts payable and receivable data with Xero, therefore saving time on bill payments, facilitating reconciliation, and enhancing insight into incoming payments. Melio's co-founder and CTO, Ilan Atias, said, "This two-way sync with Xero will help small business customers better understand how much money is going in and out of their accounts at a time when it is critical to keep a close eye on cash flow." He explained, "Moreover, this integration will help save customers time and simplify the bill-paying process while providing them with more visibility and control over their day-to-day finances." (Source – PR Newswire) The United States is home to 33.2 million small businesses, which accounts for 99.9% of the nation's businesses. This integration will enable these businesses to spend less time on accounting and more time growing their businesses. In addition, small business bills, payments, and invoice information will be seamlessly synchronized across the two platforms, saving time typing data into separate accounts and eliminating the guesswork of matching charges to open invoices. The VP of Partnerships, Americas, at Xero, Carol Haverty, stated, "Melio's integration with Xero offers tremendous value to our accounting and bookkeeping partners and their small business clients." She also said, "Melio and Xero have a shared vision of championing small business. We look forward to helping our customers streamline workflows and save time with this integration so they can focus on growing and running their business." (Source – PR Newswire) This is Melio's fourth synchronization with an industry-leading accounting software vendor, extending the company's track record of collaborating and integrating with financial institutions, software providers, and markets. About Melio Melio is a market-leading B2B payments technology firm that helps small and medium-sized businesses send and receive payments rapidly and without hassle, thereby improving their cash flow and productivity. Melio, one of the fastest-growing B2B payment platforms in the United States, is revolutionizing the transfer of funds between businesses. It serves banking institutions and software firms that want to provide accounts payable and receivable solutions to small business clients. The company was founded in 2018, with headquarters in New York, a research and development facility in Tel Aviv, and headquarters in Colorado for the western United States.

Read More

MARKETING AND NETWORKING

Cross River Teams Up with Brooklyn Chamber Again to Distribute Grants to Further Support Women and Minority Owned Businesses

Cross River | November 28, 2022

Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that along with the Brooklyn Chamber of Commerce, it has distributed $1,000-$5,000 grants to support the revitalization and recovery of local small businesses who have experienced post-pandemic challenges. “Partnering with the Chamber has provided Cross River the opportunity to bring truly impactful philanthropy to the Brooklyn community and directly effectuate the expansion of financial inclusion among diverse communities,We are proud of the difference these funds make in the survival of these businesses and look forward to providing many more minority and women-owned small businesses with the financial support they need and deserve.” Eugene Shvartsman, Head of Government Affairs at Cross River and Brooklyn Alliance Capital Board Member. The grants are part of the Small Business Grant Program, a collaboration between Cross River and the Chamber, that provides financial support to minority and women-owned businesses. The program is funded by Cross River and applications are processed through the Chamber’s economic development arm, Brooklyn Alliance Capital. The Brooklyn Chamber’s partnership with Cross River on the small business grant program is truly one of the most impactful initiatives we have undertaken to help our businesses recover,” said Randy Peers, President and CEO of the Brooklyn Chamber of Commerce. “These grants go to small businesses that couldn’t access other means of support, the majority of which are minority or women-owned. On November 14th, representatives from Cross River were joined by Stevenson Joseph, Director of the Brooklyn Alliance Capital Lending Program, Matt Caserta, VP of Small Business Support at the Brooklyn Chamber of Commerce, and Luc Saint-Preux, Director of Neighborhood Outreach at the Brooklyn Chamber of Commerce for the grant distribution. Made in advance of Small Business Saturday, the most recent round of funding illustrates Cross River’s commitment to supporting small businesses and expanding financial inclusion. The Brooklyn Chamber Orchestra is committed bringing music to this generation of classical music lovers and the development of the next,” said Phil Nuzzo, Artistic Director of the Brooklyn Chamber Orchestra. “Partnering with Cross River and the Brooklyn Chamber of Commerce helps us to further our children's programming to bring classical music to future generations in underserved communities.Funds of $5,000 were distributed to the Brooklyn Chamber Orchestra in Brooklyn Heights, an organization created to enrich and inspire through music, community engagement and education, and Rash nightclub in Bushwick, a LGBTQ+-friendly establishment that was the site of an arson attack only months after opening, while patrons were inside. Top Tech Electronics in Ridgewood Heights, a store for purchasing or repairing electronic devices, received a $1,000 grant as part of an effort to serve more businesses located on Knickerbocker Ave. As a business that was only 6 months old when we had to shut our doors after a targeted arson attack, we’ve spent the rest of the year scrambling to find financing to reopen,” said Jake Sillen Owner of Rash. “Many of the traditional channels of grants and loans in the city weren’t available to us because we didn’t have years of tax returns to refer to. The money will go towards replacing our service equipment that was damaged in the fire. As a lifelong resident of NYC and first-time business owner, I’m so grateful to groups like Cross River who are providing capital to entrepreneurs in tough situations like ours.” About Cross River Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC.

Read More