5 Tips to Save Money on Office Space
How to Save Money on Office Space
Most businesses aspire to have a trendy office with all the state-of-the art facilities, but for small businesses or start-ups the reality is often quite different.
Renting office space is a big commitment and you need to be sure you have the budget available to meet the upfront costs of an office relocation, as well as meeting the ongoing monthly rental commitments. If you are finding it hard to meet the cost of renting office space, there are still ways you can cut your rent.
These include:
- Don't Let Your Heart Rule Your Head: it's easy to be lured by a beautifully renovated office in a prime location, but these property types usually involve big financial commitment. If you are a small business, many communities have economic-development zones that offer low interest loans, and other amenities to attract start-up businesses.
- Share: Many companies share office space and the arrangement can work well from both a financial and practical point of view. Sharing office space cuts your running costs in half and provides short term solutions for small businesses who are looking to grow.
- Plan Ahead: It's important to consider future growth plans when you are choosing office space. If you take on a property that all your staff just about fit in, how are you going to expand during the course of the lease? Finding the ideal office space is about thinking strategically about your growth and likely space requirements in the future.
- Negotiate Hard: If you do decide that renting office space is the right solution for your business, make sure you hire a broker who will negotiate hard on the rent and lease terms. There are plenty of deals to be had, and lots of choice for tenants at the moment, so be sure to factor in plenty of time for lease negotiation.
- Do Without: Ask yourself - does my business really need an office to operate effectively? Working from home and outsourcing some of the workload to contractors or freelancers may well prove to be a viable and sensible option, particularly if you are a start-up. This will enable you to focus on growing your business, whilst saving some cash for renting office space when your business is at the right stage.
For more information on saving money when you rent office space, check out these tips in the Office Space Checklist.
Planning an office move? Go the office relocation planning resource center
-
Start Planning Your Office Move
Wherever you are in your office move process Help Moving Office has the information you need to plan your office move properly.
Start Planning -
Access The Resource Center
With over 15 guides, checklists, tools & calculators the Resource Center has everything you need to plan, organize & manage a successful office move.
See Resources -
Office Relocation Services Directory
Looking for the right companies for your office move? Connect with independently sourced and pre-qualified vendors that are experts in your local market.
The Directory
Latest Tips
-
Office Furniture Waste: Finding Sustainable Solutions
Office furniture is an essential component of any workplace, offering comfort and functionality to employees. However, the sheer volume of office furniture waste generated annually is a concerning environmental problem. The disposal of office furniture often contributes to landfills, releases harmful chemicals, and strains valuable resources.
Read Article -
SEE WHAT WE DO HERE WITH GOOD PASSION
With over 20 years of experience, Monroe Moving Pro can be your most trusted and valued locally owned and operating moving company. We are proud to provide a full service and quality that surpasses the expectations of our customers. Whether you are planning to move locally or across the country, for domestic or commercial purposes, Monroe Moving Pro offers tailored services to meet up your specific needs. Our combined approach gives us a direct responsibility to be confident and genuine in providing our services.
Read Article -
Our Expertise Lies In The Safe Transportation and Handling of Fragile Equipment.
Mesa Moving & Storage has been in the commercial moving business since 1981.
Read Article
