Moving to a smaller office might seem like a backward step on the surface, but it can actually be a great way of progressing your company forward. Downsizing offers both financial and practical advantages. Here are just a few reasons to consider choosing a smaller office.
It will save you a lot of money
Downsizing office is the most effective cutback you can make. On top of not paying as much rent, you’ll likely not be paying as much in utility bills as there’ll be less space to power up and keep warm/cool. It doesn’t have to just be a way of getting out of debt (although it can certainly help in that regard). It could also give you a means of saving up, which could then allow you to expand your business without having to take out a loan. With the help of a commercial removals company, you can put some of your items and storage and then take them out when you can afford to move into a bigger premises. Alternatively, you may be content with your smaller office and could sell some of your excess belongings for money.
It could allow you to move to a better location
Alternatively, if you’re happy paying the same lease rates as you are now, you could consider downsizing to a smaller office in a better area. Prime locations such as high streets and city office zones often come with expensive rental costs which might not allow you to afford a regular sized office, but you could possibly be able to afford a smaller office. This location could improve business for you and be worth the sacrifice of space.
Your employees can work remotely
Many office jobs are computer and phone-based and can be performed from home. Cloud technology has allowed for simple sharing of information over the web rather than having to store information on an individual computer or local server. Your employees may value being able to work remotely – in fact it could have many benefits such as increased productivity and lower stress due to no commute. You can still allow the option to work at the office, but may not need to supply as many desks and computers, making it more practical to move to a smaller premises.
It could improve communication
A smaller office could help to bring everyone in the office closer together, which could improve communication and teamwork. If your employees are spread out or in separate cubicles, it could be encouraging them to be more insular. This may be healthy for a job which require a lot of individual concentration or a job that requires privacy, however it might not be positive for a job in which employees have to be constantly talking to one another. Obviously, you don’t want to be so cramped that it’s impractical.