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Need Suggestion Reducing Business Costs Rent an Office

Discussion in 'BlackHat Lounge' started by bleach, Apr 23, 2012.

  1. bleach

    bleach Senior Member

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    Need Suggestion Reducing Business Costs Rent an Office
    i need an idea from all of you guys.
    Thanks;)
     
  2. BHopkins

    BHopkins Moderator Staff Member Moderator Jr. VIP

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    Don't rent an office, that's the biggest savings you'll find. Give your employees a laptop and let them work from home.
     
  3. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

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    Gillette, Apple and over half the megas you've heard of were started at the kitchen table or basement. Some of them didn't even have computers. Office rent can snuff your candle before you blaZe. :(
     
  4. kideze

    kideze Elite Member

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    yea an office is not needed. If you have employees use public places to meet and let everybody work from home. No need to spend thousands
     
  5. griff

    griff Newbie

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    If you need to look professional by having an address search for virtual offices. You can get a simple mailing address and telephone. Some providers go all the way and provide offices and conference rooms where you can rent by need rather than always paying rent every month.

    Some areas don't have many virtual office providers, but I think the largest ones are Davinci and Regus.
     
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    Last edited: Apr 23, 2012
  6. sapo

    sapo Power Member

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    office is not needed if your business have no person to person meetings, e.i. cutomers that come in. then you can just go the route of letting your employee work from home or something in them terms. If you need a address to look perforsinal then you can get a pobox type from ups or something and just put your name and leave out the po box number so it look like it your adress and name, you will still recieve the mail and if they google map it or something it will show it to be in some shopping plaza or something liek that.
     
  7. AdisLCS

    AdisLCS Power Member

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    Question to ask is what exactly do you mean? Do you have an office and want cost reduction (moving, consolidating expenses etc). Do you need business deductions and consider an office to offset earnings ...

    If you could elaborate little more on your situation we might be able to provide better answers. In general - I agree that in most cases an office is not needed. If you do let ppl work from home you should provide incentives to get the job done. It is easy to get distracted and few people are fully capabale to exercise self control when working remotely and independently. You may have skype or remote access.

    If your business requires an office ( other than mailing address) than you might consider sharing with another company. Often times you may reduce your cost by merging with insurance or real estate agents.

    good luck
     
  8. azguru

    azguru Elite Member

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    Be specific. You didn't give any details so everyone is just going to tell you to get rid of the office.

    An adequate understanding of your business is crucial before making a money saving suggestion. good luck saving money though
     
  9. virtual.indiano

    virtual.indiano Regular Member

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    Occupy Wallstreet :D

    Benefits : Business location, free wifi and save every penny :D :D :D
     
  10. ESM2012

    ESM2012 Regular Member

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    Do you already have an office? or are you thinking of getting an office? please clarify.
     
  11. sup3rnova

    sup3rnova Junior Member

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    I disagree with people saying you don't need an office. From personal experience, especially if you're working with a team of people, you do need it. It doesn't have to be a 10000 sq.ft. Madison Avenue one, a room with a couple of tables, computers (every team member has their own from home) and a telephone will suffice. Why is an office important? Because it gives you a work routine which you don't have at home when you pause work every 5 minutes to grab a bite from the fridge, check the TV or youtube kitten videos. When surrounded by a team of people in a work environment, you have better productivity and get work done, also you communicate which improves cooperation and brings new ideas and businesses. Will all that, those office costs will turn into profit in the long run.

    Most of the work can be made from home nowadays, all you need is a laptop and a cell phone, and guess how much would big companies save if they sent all their people working from home. They still pay millions for their offices, though :)
     
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  12. Ferginauld

    Ferginauld Junior Member

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    I decided to rent a virtual office as I thought it would give the impression of looking more professional.

    I found it to be a waste of money! I now rent only mailboxes and phone lines from offices in the big UK cities.

    This is still costs lower than the monthly full virtual office and gives me the benefit of being 'closer' to my clients.

    When I meet with clients, I arrange to meet in quiet coffee bars or restaurants etc.
     
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  13. bleach

    bleach Senior Member

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    Thanks for comment.
    yes,i always meet with client in restaurant/bar/his/her office

    i will using office space in mall for customer service/support/marketing and i will take the advantage
    1.giving brochure/flyer as much as i want
    2.prospect offline bussiness near my office
    3.sometimes people want to see real office not the virtual one

    is it worth dude ?
     
  14. BHopkins

    BHopkins Moderator Staff Member Moderator Jr. VIP

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    A mall seems like an expensive place for customer service. Are your clients professionals or regular mall shoppers? You said your clients have offices so I doubt you'll convert any people just walking around a mall.
     
  15. upl8t

    upl8t Regular Member

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    Don't incur any Fixed Monthly Costs that aren't absolutely necessary for your business. It's the kiss of death that has killed more businesses. Look for every possible way to avoid it.
     
  16. MikeJonhson

    MikeJonhson Newbie

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    Go for serviced offices or virtual offices. Both these facilities will help you to save a lot of money.