Toronto Mike

Considering an Office Space? Here’s Why You Should Rethink This Idea

Just a few years ago, when you started up a business, it was a foregone conclusion that you would find an office space as well. After all, how else were your employees supposed to work each day? Since then, though, the business structure has shifted quite a bit. Due to this, you may not actually need to rent out an office for you and your workers. If you aren’t quite sold on this concept, here are a couple of points that may have you re-think your plans…

Offices are Expensive

Let’s get this issue out of the way, first. As you are well aware, the costs of renting out property are skyrocketing each day. So, if you want a few rooms in a decent area, quite a bit of your budget will be spent on real estate. Now, if you are a new business or a small venture, you simply can’t afford to take on any more expenses.

The good news for you, though, is that opting out of an office doesn’t mean that you have to give up your dream of a spot in a high-end area. There are companies that give you the opportunity to temporarily rent out an office in some of the most bustling parts of the city. This means that you can easily set up your business for 250 Yonge Street without having to pay for absurd leases.

Remote Working Is In

These days, you can now give your employees the choice of telecommuting. If most of your business is conducted online or with the help of computers, then there is no real reason for people to come to an office. In fact, if you were to take a poll, you would find that many of your employees would prefer to work from home.

Of course, there may be days when you need to collaborate with your team. What then? Well, it would appear that there is a solution to this problem too. This is in the form of shared working space in Toronto. Here, your employees will be able to be in the same room, but you will not have to deal with the added cost of full-time rent.

The Concept of Traditional Offices May Be Outdated

Previously, traditional offices were maintained for two reasons. The first, of course, was so that employees could easily communicate and work with one another. As demonstrated, an office is no longer necessary for this purpose. The other reason, of course, was to impress clients.

These days, though, fewer people are meeting clients in their offices. This is because people can communicate with each other more quickly over email or video chat. Even if you do need to meet with a client, you can always head to a coffee shop or rent out a meeting room. All of these will be a much better idea than wasting scarce resources on a full-time office.

If you want to save yourself some money and hassle, you may want to reconsider getting a traditional office. There are now so many better alternatives that you can choose from.

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