Posts Tagged ‘office space’

How To Change Around Your Office to Allow More Space

Sunday, April 4th, 2010

Wondering what to do with your ratty office carpet? Are you outgrowing your small office space? If you are like so many businesses who would like to repair their office space or move into a new one but can’t financially do so, or get the office leasingnecessary to make these changes due to the economic climate, there are other options for you. Here are give ways to improve your office space right now.
Initiate a Work Clean Up Party
So you cannot hire a cleaning service, painters or carpenters to help remodel your office but that doesn’t mean you can’t spruce things up with the resources you have at hand. Have a mandatory cleaning party at work. Pay your employees, provide lunch and drinks and crank up the music. Draw names for cleaning duties or separate yourself into cleaning teams. With some positive energy and dome good elbow grease, you can have a shiny new office space in no time!
Shop Discounted Stores, Online Deals or Thrift Stores For Great Steals on Furniture, Cubicles and Décor -including Paint
If you have ever scanned online discount stores, auction houses or craigslist’s in the “free section” you would be amazed at what you can find! Entire office furniture sets for less than half their retail price or free! Paint, doors, carpet and even art is all available online for complete deals. Thrift stores, garage sales and warehouse stores are all great places to look for great furniture at rates you can afford. Even though you can’t afford to get a new office space and furniture now, you can get pretty close to it and at least get what you need.
Stacking up? Throw it Out
One of the easiest ways to appreciate your office and make a big change for the better is to throw out what you don’t need. Broken doors, broken cubicles, torn furniture and clutter can immediately make a manageable office intolerable. Borrow or rent a truck and get rid of all your useless stuff! It’s just taking up space that could be used for so many other things. Don’t forget, many of those things you want to throw away could be recycled or donated.
Too Tight? Allow People to Work at Home
If your staff is growing and your office is shrinking- the desire to relocate may be strong, but since credit lending isn’t exactly happening right now, you may have to think of creative ways to use your space. Doubling up two people to an office may sound like a good idea, but offering the chance for people to work from home is not just a great idea for desk sharing, your employees will appreciate the offer as well.
Trade Services
Does your business have a service or product you could trade in return for painting, carpentry or new desks? Perhaps your marketing services, hotel or travel services or free cases of your energy drink that you produce could be in exchange for another company’s painting, carpet or landscaping services.
In today’s economic climate, it’s not the easiest time to get a line of credit to move into a new office space or use towards remodeling. Using your head, you can come up with several different ways of making things work at least in the meantime until things improve in the markets financially. Who knows, the new office furniture you bought online to go with the free carpet you got in exchange for business cards that you printed for the carpet company could be the best thing you ever did. Perhaps you won’t want to move after all.
About the author: Jason Ausmus is an online freelance writer. For more information regarding, office space or office leasing go to Royal Commercial

How To Optimize Your Office Space

Sunday, March 28th, 2010

Buying or leasing office space is a much different situation than buying or leasing a home. Over the past couple years, office leasing was doing really well as businesses were booming and filling up their space quickly. However, with the economy now businesses are consolidating and getting rid of space, so things have changed significantly.
For people managing corporate real estate or handling office leasing they are going to be in for much tougher negotiations. Rental rates are at a much lower rate than they were a few years ago and companies may be less inclined to sign a long-term contract. Companies are doing everything they can to explore cost-cutting measures. Even the simple office supplies that weren’t a big deal to purchase in the past may now need management approval.
This type of leasing climate is especially good for those companies who know they are going to weather this economic downturn just fine. Yes, there are a few out there still making money. These companies can take advantage of the lower rates and the many incentives that are being provided. If they can take advantage of a longer term lease they may end up saving a lot of money. Tenants are looking for the best deal when they look for office space and landlords are really going to the extra mile to lock them in.
Lease negotiations are in the tenant’s court right now. With discounted rent or even free rent for a period of time, this is a good time to be searching for office space. Landlords that are struggling to find tenants may offer a variety of great deals such as paying for the space to be renovated or providing the options for additional build-outs on the property. Further, landlords are offering much more flexibility with the term of the lease. In good markets, landlords might be especially stringent when it comes to lease terms and getting out of a lease early. However, now they are much more willing to talk about ending leases early, which may be a cost savings to tenants paying for unnecessary space. Tenants are also setting leases with shorter renewal options to allow for better positioning when the market does improve. While they may be cutting costs now, most companies are looking forward to a day when they can get back to normal, hire more employees and re-fill up that space they just vacated.
Even though the economy has many wishing for jobs, grumbling about unemployment or afraid for the days to come, it also holds a lot of cost savings measures of which business should take advantage. With the better lease rates, more flexibility in negotiation and the incredible incentives on the table, it is a no brainer for companies to take advantage and save some money. We won’t always be in a recession; companies won’t always be struggling to fill their office space. However, right now, for both landlords and tenants it is a very different market. And, while tomorrow may change things for the better. Today, companies should stop and look at the many ways they can make choices today to improve their financial picture tomorrow, especially when it comes to their office space.
About the Author: Jason Ausmus is an online freelance writer. If you would like more information about office space or office leasing go to Royal Commercial.

The Meaning of Office Space

Saturday, March 20th, 2010

Whether you are moving into a new office space or rearranging the space you already have, make sure that you do it right.. During the tough economy we can’t seem to talk about enough, it is important to save money where and when you can while also being prepared for whatever the future may bring. The office leasing choices you make can make a huge difference in budget and the future of your company.
Take a minute to walk around your office environment making a mental note of things you see that could be consolidated. Do you have a filing system that is out of control? Maybe you haven’t purged the files in years or perhaps it is a matter of putting in place a better system or getting some better organizational tools like fixed shelving or larger cabinets. There are also companies that can help you get all your paperwork online as well. Storing all the paperwork electronically can be a great way to save space.
Do you have a central space in your office that is overcrowded with extra office supplies – one of those storage rooms that just seem to hold everything? Make sure it is organized and make sure you are not ordering supplies that are not needed. Creating a central place for all supplies can make it much easier to track everything on hand. And, if you have one central person to take charge of the ordering it can really help.
Cubicles can be utilized as opposed to offices in order to fit more people into one area. Take a look at the different types of cubicles available. There are cubicles with varying wall levels and in various shapes and sizes that can be perfect to accommodate all your space needs. Make sure that your employees are comfortable but use your space wisely when it comes to offices or cubicles. It can be especially useful to use furniture that can grow with your organization. Use furniture that might be easy to move or restructure if you are going to be adding or subtracting employees or simply rearranging the office.
If you are thinking about ways you can possibly downsize the office, perhaps having your employees work from a remote location is an option. Many times there are simple ways that employees can get access to all the information they need to do their job from home. This can not only be a space saver in the office but it also keeps some folks off the road as well, providing an environmentally friendly solution.
Take the time to plan out your office space so that you can make the most out of it. Walk around so you can find areas in which space is not being used wisely. Also, take a look at the furniture that you can add to make better use of organization and space. Whether you decide on offices or cubicles, there are ways to accommodate everyone in an organized way. In this economy we are all looking toward ways to make a difference in our budgets. Companies especially need to find ways they can organize and cut costs to make the most out of their office space. Make your office space perfect!
About the author: Jason Ausmus is a freelance content specialist. For more information regarding office space or office leasing, please visit Royal Commercial.

How to Improve Your Office Space

Thursday, January 7th, 2010

Here are 10 things you can do to improve your home office space without going WAY over budget.
Think Green and Get Some Plants!
Bring life to your office by adding life! A bit of greenery can lift a room and make it a much more pleasant retail space. Not only will plants add more color to your office, they will increase the oxygen in your office and provide an enticing ambiance.

Hide the Wires
Unfortunately, wires are an unsightly necessity of the office world. While you might be able to get a wireless mouse, keyboard and even internet, you simply can’t escape power cords. To tidy up your wires- look to these options:

• Bind Cords Together
Use a string or rubber band and bind the cords together at intervals so they are all in one place, sot scattered all over.
• Secure long running wires to walls
Instead of letting cords lay in the middle of the walkway, use clamps to stick wires to the walls.

Shop Discounted Stores, Online Deals or Thrift Stores For Great Steals on Furniture, Cubicles and Décor -including Paint
If you have ever scanned online discount stores, auction houses or craigslist’s in the “free section” you would be amazed at what you can find! Entire office furniture sets for less than half their retail price or free! Paint, doors, carpet and even art is all available online for complete deals. Thrift stores, garage sales and warehouse stores are all great places to look for great furniture at rates you can afford. Even though you can’t afford to get a new office space and furniture now, you can get pretty close to it and at least get what you need.

Initiate a Work Clean Up Party
So you cannot hire a cleaning service, painters or carpenters to help remodel your office but that doesn’t mean you can’t spruce things up with the resources you have at hand. Have a mandatory cleaning party at work. Pay your employees, provide lunch and drinks and crank up the music. Draw names for cleaning duties or separate yourself into cleaning teams. With some positive energy and dome good elbow grease, you can have a shiny new office space in no time!
Add an Employee Communication Area
Build morale and add some new décor. Placing a communication board in a common area of your office will improve morale, keep people informed and encourage involvement. When all of your employees are in the know with all of your company’s plans, people feel appreciated and important. Add an employee of the month club and post pictures of the staff!

There are in fact lots of things you can do to make your office space a better place to work. Visiting thrift stores and office supply stores to find ideas are great ways to get ideas. It’s possible that moving to a new office space isn’t foreseeable any time soon, or hiring an interior designer and since you are trying just to keep the lights on in the one you are currently occupying. There are plenty of things you can do to make due with your office space today while you while wait for things to change financially tomorrow.

About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding office space or retail space go to Royal Commercial.

How We Can Determine the Appropriate Amount of Office Space

Wednesday, December 9th, 2009

For businesses looking for a great deal on office space, there is no better time to look. Due to the economic downturn, many businesses have gone belly-up or moved out of expensive leases. Sadly, empty office space is never a good thing but the silver lining is that there are affordable options available to new start-ups or businesses that are doing well in this economy and looking to expand their business.

corporate real estate owners are offering great rates, deals and special incentives in order to get businesses to sign new leases. Besides filling empty office spaces, commercial real estate owners are trying to appease to their current tenants who are reluctant to sign another lease. But that can work for a business owner’s advantage; the option to renew a lease rather than take on the expense of moving is more attractive to several business owners who may have had plans to expand or move.

Vacant stores, retail spaces and office spaces don’t help neighboring retailers and other offices and often become a target for vandalism and usually fall into some form of disrepair. If landlords can offer more incentives for struggling businesses to stay, it may be worth giving a month’s lease for free in order to keep a business or attract new ones.

The hardest hit areas for commercial real estate vacancies are Michigan, Arizona, Las Vegas and California. The metropolitan cities of Oregon and Washington State are among the least affected, but still affected none-the less.

The hardest thing to measure is the trickle down affects of all the commercial real estate vacancies and office space. When the people leave the area, people stop going to the restaurants and other businesses in the area and so on. When people stop going to the grocery stores and stopping into after work happy hour or coffee shops, it’s much more than the business workers who are affected. It’s everyone who works in those smaller businesses who are affected.
It may be great for new businesses looking for once hard to get space, but in the end, vacant signs on businesses affects more than just those businesses.

About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding corporate real estate or office space go to Royal Commercial www.royalcommercialcorp.com.

Plan Ahead for Expansion When Your Business Becomes a Success

Thursday, November 19th, 2009

Businesses move around a lot. Whether for expansion or downsizing, businesses can move a whole floor up in a building due to remodeling or take over an entire block of a downtown street. Besides your bottom line, have you considered the outcome of where you decide to relocate or the results regarding your remodeling decisions? There are several issues that will come up and should come up along the way regarding an office move or remodel.

Whether you are looking to lease or remodel one office space, a large piece of corporate real estate, or just a small retail space, you might want to consider a few things. The decisions you make today, will no doubt affect your business tomorrow.

5 Things Your Business Should Remember When Moving to a New Space

• Does your new office location leave room for expansion?

• Do you plan to hire or let go employees in the future? Depending on what your long term goals are, could affect the space you will need in the future.

• Is location really important for your business? Otherwise, you could pay less for office space in a less obvious location.

• Could you save money by merely getting new cubicles and desks and a fresh coat of paint and carpet inside of signing a new lease elsewhere?

• Never underestimate parking spaces. Whether for employees or for customers, besides great location, without parking, how can people come to your business?

Know that what ever big or small plans you decide to make, an office move is time consuming, disruptive and sometimes expensive. Do your research and you may find that a corporate real estate agent you are looking into also knows movers and possibly a good deal on used office furniture. Looking for the right agencies out there that are experienced and fast at moving offices and have remodeling connections will save you and your company money as well as headache in the long run.

About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding corporate real estate, or office space, go to Royal Commercial

Building a Steady Flow for Your Business

Thursday, November 5th, 2009

As we search for the right spot for our business, we must take into consideration how that space will affect the usability of your customers. The variants are between office space and retail space. As we look into it we notice that the ability to find the right amount of space is what makes a business succeed or fail.
Retail space needs the most attention when it comes to the amount of space that you’ll need for your business. Thing of yourself as a customer walking through a retail store; would you hate it if there wasn’t enough space for two or three people to walk comfortably side by side? A wave of claustrophobia can come over anyone which will cause them to leave your store immediately.
The amount of shelf space you need is something you also need to take into consideration. With every retail store there is overflow if an item isn’t selling well, or is selling very well. Where do you intend to put this product if there isn’t enough space to hold it all? You’re building up this business to be a working machine, and clutter becomes a lose cog blocking the workings.
Office space is a little bit different. Space is still something you need to take into consideration for guests and the eventual expansion of employees. Leaving room for expansion means that you don’t have to move again when you need to hire on more employees.
In terms of office space we also need to take into consideration the personal spaces of our employees. A happy employee is one that is able to express themselves in every aspect of their life. The desks that employees are given will more often then not contain photos family, posters, and anything else that means something to them. Remember that they are with you for 8 hours out of their day.
The differences between office and retail space are vast. We need to make sure we know the right amount of space needed for our business to keep our customers happy and coming back, as well as our employees. After all, the employees are what make your company run smoothly and the ability to give them the freedom that they need is what keeps a business running.
About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding office space or retail space, visit Royal Commercial

Looking For New Office Space Leaves 5 Key Ideas to Consider

Monday, November 2nd, 2009

As we start a business, looking for an office that has the amount of space we need to be productive is crucial. We must be cautious, looking for only the amount of space we need to function properly. There is no reason to pay more for what you aren’t going to use.
• Finding an Office: If you are a starting business, note how much office space you’ll need now and eventually. You will need space to put any files that will acquire for your business. You will need file cabinets where your files will be store. Plenty of desks for current and new employees that are soon to come. Will you have a waiting room where clients can sit? What type of furniture will you have?
• Visualization: It’s important that your business has plenty of exposure to people driving by your office. What kind of marketing will you use to catch their eye? How will you design your office so people who visit will think that you are professional and someone they want to do business with?
• Corporate Offices: When your company reaches a point where it can have a corporate office, corporate real estate will become a key factor in finding corporate headquarters. Do you want these offices to be near your current office? When looking in corporate real estate, be sure that we take the first two steps into account. They apply to any office you plan to open; corporate or commercial.
• Leave Room to Expand: Moving your offices is costly. Make sure that the first office you have leaves plenty of room to expand. As you become more successful, more people will want your services. Make sure you have enough office space for new employees to help with your newly acquired work load. The same goes for your corporate real estate. The employees you already retain know your business in and out. They will be the ones training your new employees.
• Relax: Moving into a new office or upgrading to a bigger office is stressful. Not only are you trying to manage the time and money into movie, you are also trying to keep the business running. Stress in this situation is inevitable, but there are ways to prevent. There are plenty of companies out there whose focus is helping you with these kinds of decision. Unnecessary stress is just that.
Remember all of these elements when moving your new business. Knowing how much office space you’ll need for your furniture and employees is important. Your offices and corporate real estate need to look and feel professional. Leave room to expand your business. Having to move your business because you do not have enough space for the two employees you just hired isn’t worth it. The business you could lose during the movie on top of what it already costs to move is just silly.
About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding office space or corporate real estate, look to Royal Commercial

Learn How Office Space Can Hurt or Help You

Tuesday, October 13th, 2009

Buying or leasing office space is a much different situation than buying or leasing a home. Over the past couple years, corporate real estate was doing really well as businesses were booming and filling up their space quickly. However, with the economy now businesses are consolidating and getting rid of space, so things have changed significantly.
For people managing corporate real estate or handling office leasing they are going to be in for much tougher negotiations. Rental rates are at a much lower rate than they were a few years ago and companies may be less inclined to sign a long-term contract. Companies are doing everything they can to explore cost-cutting measures. Even the simple office supplies that weren’t a big deal to purchase in the past may now need management approval.
This type of leasing climate is especially good for those companies who know they are going to weather this economic downturn just fine. Yes, there are a few out there still making money. These companies can take advantage of the lower rates and the many incentives that are being provided. If they can take advantage of a longer term lease they may end up saving a lot of money. Tenants are looking for the best deal when they look for office space and landlords are really going to the extra mile to lock them in.
Lease negotiations are in the tenant’s court right now. With discounted rent or even free rent for a period of time, this is a good time to be searching for office space. Landlords that are struggling to find tenants may offer a variety of great deals such as paying for the space to be renovated or providing the options for additional build-outs on the property. Further, landlords are offering much more flexibility with the term of the lease. In good markets, landlords might be especially stringent when it comes to lease terms and getting out of a lease early. However, now they are much more willing to talk about ending leases early, which may be a cost savings to tenants paying for unnecessary space. Tenants are also setting leases with shorter renewal options to allow for better positioning when the market does improve. While they may be cutting costs now, most companies are looking forward to a day when they can get back to normal, hire more employees and re-fill up that space they just vacated.
Even though the economy has many wishing for jobs, grumbling about unemployment or afraid for the days to come, it also holds a lot of cost savings measures of which business should take advantage. With the better lease rates, more flexibility in negotiation and the incredible incentives on the table, it is a no brainer for companies to take advantage and save some money. We won’t always be in a recession; companies won’t always be struggling to fill their office space. However, right now, for both landlords and tenants it is a very different market. And, while tomorrow may change things for the better. Today, companies should stop and look at the many ways they can make choices today to improve their financial picture tomorrow, especially when it comes to their office space.
About the Author: Rebecca Beckett is a freelance writer for Innuity http://www.innuity.com. If you would like more information about office space or corporate real estate go to Royal Commercial

Save Money and Time With The Right Amount of Office Space

Thursday, October 8th, 2009

The office space that you work in every day is one of the largest expenses for your company. One way to control this cost is to shop around and utilize some simple negotiating skills to get the best office leasing option. If you can take some time to get yourself into a good lease you could save your company enough money to make a very big difference.

No office lease is standard so you need to negotiate with each one. The term of the lease is one of the first concessions when you are negotiating. Your needs may change over time so keep this in mind when thinking about how long you want to stay in the same location. Also think about how much space your office has available. Make sure that you have enough room to grow if necessary. You may also want to consider getting the option to renew your rent at a fixed predetermined price. Think about the time you will need in the space but also about the time you may want when your lease is up.

Look into what the landlord charges for the extras. Some of these items may be maintenance, HVAC, general operating costs, repairs, improvements or replacements. Some leases may require that you return the office to the condition it was in when you first moved in. It could be to your benefit to get a cap on the amount you are charged for all the extras because they can add up rather quickly. Improvements in the space may also require their buyoff so make sure that you understand what the lease says regarding their approval to change the space.

Unfortunately, you can’t generally negotiate a lease with a fixed rate over a long period of time. Usually there are annual increases based on a specific percentage. Perhaps you can negotiate how many years it is before this kicks in or think about asking if you can get a cap on the amount of the increase or maybe a set amount each year rather than a percentage.

Think also about the flexibility you may need in your space if you think you may need to undergo a merger, reorganization or subletting. There are so many things that could change in the years to come and it is important to consider all the options when signing your company up for a new lease. This can really make a difference in the future.

Negotiation will be the key to success when getting locked into a lease for your company. Take the time to study up on some of the areas that you can ask questions. Study the fine print so that you know all the options you have in the building and with your office space. If you are locked into a lease for 5-years you never know what might happen in that time. Plan ahead – project where you think you might be in that amount of time. Look into how you might grow and change so that you can predict the best lease possible. Don’t be afraid to ask for what you want – you might just get it.
About the Author: About the author: Jason Ausmus is a web content producer for Innuity. For more information regarding office space or office leasing go to Royal Commercial