Office space can be expensive. Very expensive. But as your business grows, do you have any choice but to up your square footage?
The answer is yes, an abundance of choice. Because as business evolves, so does how and where we work. No longer confined by brick and mortar or even borders, business is often remote and increasingly global.
So before making any definite decisions about putting the dollar down on those extra four walls, consider your options. There are cheaper alternatives out there that may well just be the making of you.
Firstly, consider the set up of your organisation. Going back to the drawing board in this way is a great place to start when looking to expand. New office space comes with many hidden costs: furniture, utilities, decoration. Costs that can strain your budget, and your business.
Setting up a new environment that aligns with your overall goals is no easy feat. Taking into account the extras alongside the cost of renting, it is vital you ask yourself if this money can be better used to solve other problems in your organisation.
Outsourcing is an exciting new way of working for businesses of all sizes. Not only does this option save on office space, but you can expect higher efficiency rates, alongside access to skilled workers and lower overhead costs. Ask yourself the following:
- What are the cost implications of having someone in-house versus outsourcing?
- Is the stress of setting up a new office space greater than managing outsourced workers?
- Will outsourcing require you to purchase additional equipment to be done successfully?
- How do the recruitment fees compare?
Because as alluring as the “perks” of a new space can be, this is no longer the only answer. Outsourcing sees you sit your new team or team member in an already established office, meaning you can grow faster.
At Deployed, we work alongside our clients to find the right people for your organisation. Your business will have a dedicated account manager to oversee all operational and personnel requirements, taking the stress out of your search. We have everything covered for you, and ensure a smooth onboarding process.
Ultimately, only you can decide what’s best for your business. But weigh things up carefully. Don’t spend a small fortune on renting an office before every avenue has been explored. To learn more about how Deployed can grow your business, contact us today.