Growth is extremely exciting in small business and big business alike. Often times it comes when the business moves from about a 1500 square foot office into their first long term lease or when a tech firm expecting explosive growth takes on space for 15-20 employees.
The class of a building has a major impact on its cost for rent, regardless of any other considerations. However, class alone does not determine the value of office space – and this guide will help you determine which building class is most suitable for your company.
An estimated 100 billion business-related emails are sent and received each day, but for many companies, their phone is still their first line of communication with customers and clients.
While larger businesses typically have the resources to answer calls in-house, a ringing phone can present challenges for “solopreneurs” and international companies looking to establish sales outposts in the U.S. that may only have one or two employees.
Working with an experienced broker who’s already familiar with the options that exist in the market not only saves time and money, but also ensures businesses end up in a lease and location that will work for them over the long term.
Just like attorneys and medical professionals, a tenant representative has specialized knowledge that can prove invaluable during an office search. By handling the majority of the legwork, brokers are able to streamline the search process while generating better results for their clients.
Office relocation is often the result of your company’s recent growth or the end of your current lease.
Whether your office move is from a home office to a new workspace or relocating from one commercial office space to another, choosing that new space for your company is not always easy.
November marks the official start of the holiday season, but for office workers across the country, it also means something else: flu season.
As much as 20 percent of the U.S. population battles the flu each year, with workplaces serving as a common breeding ground for the virus. Each season, more than 11 million workdays are lost due to the flu, which translates to $7 billion in sick time and lost productivity, according to the U.S. Department of Health & Human Services website.
Determining a moving budget is a major part of the relocating process. As soon as your business makes the decision to move into a new space, you should begin drafting your budget. You will not be able to make decisions until you can actually gauge what all of your expenses will be and how much money you can put towards each step of your move.
The average office relocation is an expensive, time-consuming effort – with costs going well beyond just the bills for moving files, furniture, and equipment. The expenses start long before moving day and may continue for some time after you’ve settled in, so creating a budget that includes all of your expenses (from the labor itself to announcing the change) can help put you on the path to success.
Many companies fail to create the budget for an office move hoping that everything will work itself out somehow. For those who do make budgets, many are arbitrary and unrealistic. That’s why you should pay attention to all aspects of a relocation budget, including the moving and packing services, dealing with disconnecting and reconnecting utilities, and necessary changes with all of your vendors.
For most businesses, location is key. Just ask Roger Keys, who moved his Chicago-based marketing company to one of Amata’s shared office centers at 150 N. Michigan Ave. in 2012. Now, two years later, Roger’s company is reaping the benefits of having a downtown address while paying a fraction of the cost of traditional office space.
Company name: Marketing Keys
