NYC Office Space & Entrepreneurs Stories
Cut your space, not your staff
In his blog on reasons to use a shared office space like Sunshine
, Joe Raby wrote:
“Working in a shared office space allows for maximum flexibility when hiring new staff or when you need to save money during a downturn. Here at Sunshine Suites, we allow companies that to add or reduce the amount of space they take with as little as 1 to 30 days notice, depending on the need. If you run a seasonal business and need to ramp up during busy season and then scale down, a shared office space is perfect. If your business is continually growing, and you need to keep adding employees, it doesn’t make sense to lock yourself into a long term lease – especially if you are not sure of how much space you’ll need in two years. You also will never have to spend more than necessary in anticipation of hiring people down the road. As a small business owner, flexibility in one of your biggest expenses – rent – is incredibly helpful both in good and bad times.”
So this article from Resources For Entrepreneurs
confirms and reinforces further what many small businesses are already thinking-we’re seeing a trend in the business landscape in favor of, rather than slashing staff, slashing the size of the room needed to hold them.
“Many small business owners are finding that having workers telecommute saves them a significant amount of money on rent, office furniture, and other expenses. These cost cuts can also reduce the need for layoffs…”
As the needs of your business grow and shrink, it’s imperative that you both have the staffed-trained, trusted, loyal-on hand to carry out the tasks you need done so you can focus on your business. Why cut your personnel unnecessarily when you could flex down to a smaller office space in slower times?
For more info on office downsizing and other shared office space benefits and tips, click here