Benefits of Long-Term Office Space

Three specific benefits of creating a long-term real estate plan are:

1. No inconvenience to customers.

   Businesses that take advantage of virtual and shared office services are able to keep the same phone number and mailing address throughout all stages of growth, eliminating headaches for both the company and its clients.

   This allows businesses to maintain a constant line of communication with clients, regardless of how many times they move. Companies that are regularly changing their contact information risk losing clients who may take their business elsewhere if they get a ‘this number is no longer in service’ message.

2. Save time keeping up with growth.

   With a seemingly endless to-do list, most entrepreneurs would agree that there simply aren’t enough hours in the day to accomplish everything they would like to get done. Yet mapping out different growth scenarios in the beginning can end up saving business owners time when it matters most.

   If a company grows faster than expected in the first year and hasn’t planned ahead, they may find themselves scrambling to find space that can accommodate their needs. This diverts attention away from the day-to-day operations of the business and, in many cases, results in them rushing into a lease without doing their homework. By working with a real estate company that specializes in office solutions for smaller users, entrepreneurs can more easily formulate a real estate plan that generates better results for their business.

3. Reduce costly and hasty office space decisions.

   If rapid growth forces a company to pump the brakes while they figure out their next move, it can slow momentum, cutting into company revenue. Similarly, a hasty real estate search can result in businesses leasing too much space, overpaying for space, or both. Bottom line: It’s much easier to avoid the situation entirely than try to correct it later.

Frank Chalupa is thePresident and co-founder of Amata Office Solutions, Chicago’s largest privately owned office suites provider. Founded in 2002, Amata specializes in office solutions for companies requiring up to 10,000 square feet of office space. A licensed brokerage, Amata’s clientele includes businesses of all sizes, including solo practitioners and startups, as well as large corporations looking to establish satellite locations in Chicago. Connect with @AmataOffices on Twitter.