Small Business Awards 2018

g Cost Certainty – The SME Business Owner’s Guide to Property Expansion the biggest causes of reductions in productivity if not managed correctly. Managed office models integrate the IT move into the project, minimising business interruption and downtime. One of the final stages of the expansion process is fitting out the new workspace. SMEs should carefully consider the time, resource and costs associated with designing and branding their new office. If opting for a conventional lease, this will need to be outsourced, in addition to sourcing the furniture and managing the utilities, which can present a substantial additional expenditure. Businesses are also highly restricted on how they can utilise their office space to reflect their brand and organisational culture. With flexible managed office models, office design is determined by the occupier and not the provider, and can be bespoke to the business’s requirements. Under the traditional office lease, the possibility that SMEs may need to expand, reduce, reallocate or relocate their workforce can be extremely costly and entirely impractical. Conversely, opting for a managed office approach will allow contracts to be priced on a per workstation basis with no capital expenditure or risk. With simple, streamlined systems and structured terms from managed office options, business owners can invest their time, effort and money into their businesses, not bricks and mortar. Simply put, the rise of companies opting for flexible office options is allowing them to not only access all the amenities they need at a fixed price, but also to eliminate risk and work within a flexible financial model that fosters their own unique growth and culture.