Category: Business
Will an open plan office suit my business?
Open plan offices make use of large, open spaces, and minimise the use of small enclosed rooms. Open plan offices have been adopted by ...
Is hot desking just hype?
Hot desking involves multiple workers using a single physical work station or desk during different time periods. Hot desking is typically used where employees ...
Would a virtual office suit my business?
A virtual office provides businesses with the advantages of a prestigious address, landline phone numbers and team support without committing to dedicated office space. ...
Maximise workspace utilisation
Maximising space utilisation involves reducing workspace inefficiencies to reduce rental expenses without negatively impacting employees. Typical strategies to maximise space utilisation include: Reducing the ...
Negotiate a discount for prepaying 12 month’s rent
Subject to having the available funds, prepaying 12 month’s rent in advance has the following benefits: A 5-10% discount on the years rent expense ...
Sign a long-term commercial lease for rental concessions
Landlords prefer commercial tenants sign long-term leases (greater than 5 years), as this provides them with stability of income and a guaranteed ongoing tenancy. ...
Buy your business premises in your SMSF
This strategy involves purchasing your business premises in your self-managed super fund (SMSF). This has the following advantages: Your superannuation is used to partly ...
Consolidate your business space for immediate cost savings!
Consolidating space involves consolidating the business over fewer floors or office locations. Consolidating staff into fewer offices reduces rent costs in three ways: The ...
How to become an employer of choice
A business that meets all of its employee expectations is called an employer of choice. An employer of choice attracts, motivates and holds on ...
What is business process reengineering and does my business need it?
Business process reengineering (BPR) is the redesign of core business processes to achieve dramatic improvements in productivity, costs, cycle times and quality. BPR aims ...