The decision to start an office may be one of the most complex and unfamiliar decisions that you will have to make. Here we provide some points to consider regarding the process of starting an office and help you make the right decisions that are critical to your success.
The most important task that will insure success is to start a budget. Unless you have an unlimited supply of money, the finances required to start an office will be your most limiting resource. A simple spreadsheet that details each one of the sections listed below will help you calculate the total cost of starting your office.
Running your office at home can save you a lot of money. But there are some questions you need to answer before you make this decision. Do you have the space? Will it disrupt the house or will the house disrupt you? Will customers be visiting? If this doesn’t exactly fit in with your plans why not consider a virtual office, we offer these at Ransom Wood. This gives the availability of an office to hire by the hour and a place for meetings to be held and customers to visit.
If working at home is not right for you and your business and you decide to take office consider whether to purchase or lease. Commercial real estate can be unfamiliar territory, but the task is important. Determining the right amount of office space in the right location will help the business over the long term. Leasing is a great option as if you need to expand or move you have the flexibility to do so without having to rely on the sale of your current property. Here at Ransom Wood we can offer some excellent packages for small businesses who are wishing to get off the ground.
In addition to furniture, your office will need a variety of office equipment. It is at this point in the project you need to keep your eye on your budget. At Ransom Wood we can offer furniture to hire and can also assist you with your admin needs with our business support service.
Once you’ve made your decisions and feel its time to take the plunge why not give us a call at Ransom Wood on 01623 675304 and speak to us about our virtual offices and start up packages. We offer flexibility as our offices are available in various sizes and specifications to suit your needs.
Ransom Wood is a business park with a difference. We are based in 70 acres of woodland in Mansfield, Nottinghamshire close to transport links and many local amenities including our own on site restaurant Forever Green.
Published: 5th November 2024
A warm welcome to Wright Vigar Accountants, the newest addition to the Ransom Wood Business Park community!
Published: 22nd May 2024
Our MD has been out armed with his iphone to take some video footage of Willows 4. Since this video was taken plans are now afoot to split this suite into two units creating 4A (circa 1679 square ft) and 4B (circa 1517 square ft)
Published: 17th November 2020
Please help make a difference to a homeless person this Christmas.