When you’re a small business, you’re unlikely to have pots of money to invest in an impressive office space, but that doesn’t mean that you have to do without the amenities you need completely. There are numerous things you can do to keep costs down and save what money you do have for the important stuff like product development and marketing.
Here are some simple ways to save money setting up an office space for your small business:
Consider Serviced Office Space
When you’re just starting out, hiring serviced office space from an established Business Center can be a good option, not only because you don’t have to commit to a long lease, but also because you don’t have to spend any money on furnishings, power, cleaners, which are usually included in the rent. Nor do you have to worry about investing in printers, network servers, phones or other essential equipment, which can be accessed on a pay-as-you-go basis.
Unless you absolutely need a whole office your yourself, sharing your office space with another business will instantly cut your costs by 50 percent, more if you have the space to accommodate even more companies, and if you choose your office-mates carefully, you may even be able to benefit from their proximity by swapping your services for theirs.
Buy Used Furniture
Once you have an office, you have to furnish it, but you should try to avoid the temptation to spend a fortune on designer pieces to create a trendy look. Your office will look just as nice if you fill it with clean, cheap used furniture, furniture from your home that you no longer need and even office clearance furniture. You can pick up some real bargains if you take the time to look.
Out of Town
Being in the heart of the town or city center might be appealing, but is it necessary? Unless your business relies on passing trade, you probably don’t need to be in the heart of the action, and finding a suitable office space that’s further out of the way will save you hundreds, possibly even thousands of dollars a year.
If location matters to you in that you want an impressive address to stick on your business literature, you can pay a small sum to a virtual office company based in an expensive location, and you’ll be able to use that.
Use the Cloud
Instead of spending thousands of dollars on servers and other essential IT infrastructure, make use of business cloud solutions instead. You won’t have to buy nearly as much equipment to get yourself up and running; you’ll always be able to access your network wherever you are in the world, and you won’t have to pay quite so much for electricity because you won’t be running lots of machines all day long.
So there you have it; there are countless ways to cut the costs of setting up a small business office, and it’s smart to make use of them right now. When your business is bigger and better, you can always make changes and do the things you really want to.