For
small companies, an office is an overhead that many feel they can do without,
at least when starting up, but as a business grows and takes on staff, an
office becomes an essential.
Even
before that, there are many arguments in favor of a physical presence; an
office can add credibility, and suggests permanence, that the company is going
to be around in the future, perhaps particularly important for new companies.
But
how much space should you rent or buy? Obviously this will depend on the
employees that you expect to be working there, but you will need to factor in
growth plans, whether you require an open plan working environment (allow
75-100 sq. ft. for each person) or individual offices (about 175 sq.ft) and
meeting areas (215 sq.ft will accommodate a table and chairs for about six to
eight people).
An
alternative, particularly if your growth is uncertain is a serviced office,
where you rent space by the number of workstations you require and by the
month. This may not only help with cash flow, but also allows a company to grow
or contract in a fairly flexible manner. There are no capital outlay costs for
furniture or telephone equipment, all of which are provided and if you need meeting
space, you pay for it by the hour.
Additional
services, such as secretarial assistance are also available as required and the
telephone is answered by a dedicated receptionist and in your company’s name.
On a
price per sq.ft basis, serviced offices are more expensive, but this additional
cost is often outweighed by the fact you are paying for just the space your
business needs.
Browse through www.kenyan-real-estate.com
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