To stay competitive in business, you need to create a favorable environment for your staff and customers. Apart from streamlining your business’s operations, make sure that the facility from which your business operates increases your competitive advantage. Here are some common reasons why you should move to a new office:
The office environment is dynamic. You need workspaces for employees, a meeting room, a reception area, entertainment areas, and utility spaces such as bathrooms, etcetera. As the business grows, you will need more space to create such areas, which might force you to move to a new office. Such a move comes with several benefits.
You can adapt the new office space to suit the changing needs of personnel or clients. If shared cubicles or pods in an old office were a source of friction between colleagues, for instance, you can switch to an open plan setting with sit-stand desks in the office. You can also play with the design of the workspace to accommodate a few more staff or to accommodate new office equipment that you are planning to buy, such as printers.
- Employee productivity
The physical office environment has a direct impact on the productivity of employees. According to a study, several factors of physical office environments such as the colour, indoor temperature, and interior design had a bearing on the well-being and productivity of employees. For example, a drab or outdated office space can dampen employee morale, thereby necessitating a move. Moving to a new office can restore their enthusiasm and morale, and boost productivity in the end.
- Infrastructural changes
Over the life of your business, you will need infrastructural changes, such as adding extra offices or departments with unique design requirements. Worker’s unions also encourage business owners to create facilities for maintaining a good work-life balance for their employees, such as green spaces, eateries, or gyms. If you want to institute the changes, but your office space does not allow infrastructural changes, you can move. Reputable Los Angeles realtors can help you to find the best office space in California.
- Increased efficiency
Outdated technologies are not only frustrating to use but can also lower the efficacy of a business. The demand for smart offices has grown all over the world as more corporations begin to embrace green energy. If you are working in an old office block with old technologies or an office that uses high-energy technologies, you should consider swapping it with a new and efficient one. In today’s competitive business landscape, you will need high-speed internet to streamline your business’s operations. Smart lighting can lower overheads and increase profit margins.
- Business image
Because your office is a representation of your business, having an office that dents your brand’s image can be detrimental to your business. If your office space does not represent your corporate culture or niche, you should consider moving to another office. Move to an office that is in a desirable location to attract good talent and clients and serve your target market well.
- Cost concerns
If your lease is ending and the landlord has added unfavorable terms to the new lease, it might be time to move. In addition, if your business has hit a rough patch of late and the overheads have exceeded your earnings, you can move to a smaller low-cost office.
The need for more workspace, increasing employee productivity, lowering operating costs, and improving business image are among the main reasons for moving to a new office. If you are making this move, you could benefit from the expertise of a realtor.
Photo credits: eOffice