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Saving Money on Office Upgrades

Saving Money on Office Upgrades

The goal of every business owner is to expand their company and become more successful. When that happens, you are going to need to expand your office space, which can end up being a pretty big expense. While it can be expensive to start your company or grow into a new space, there are several tips that can be followed that will help you to save money on office upgrades.

Upgrade Technology

Having good technology in your office is very important as it can help make you and your team efficient. As always, the most advanced computers and other forms of tech equipment on the market can be very expensive; however, there are ways that you can reduce your technology costs. By getting a slightly older piece of technology, you could get something that is less expensive that still gives you all of the technology benefits that you need.

Office Equipment

Another big expense that you will encounter when expanding your office is the cost of office equipment. To run a functional office, you may need to have a printer, a scanner, and a coffee machine to keep your employees efficient and happy, but the costs of these items can add up quickly. One way that you can save money on office equipment is by getting used and refurbished equipment. For example, the refurbished Xerox 250 price is much lower than that of a brand new printer but it still performs well.

Office Furniture

Another expense to think about when you are shopping to upgrade your office is your furniture. Everyone in your office will need a chair and a desk. The office also needs to have a conference room table, cabinets, and many other forms of furniture. While the cost of all of these items can add up, there are ways to save. One great option would be to purchase the items in bulk. If you furnish an entire office all at once, you could cut down on the total price through a bulk discount.

Seek Help from the Landlord

Today, many businesses are choosing to rent smaller office spaces or are encouraging their employees to work remotely. This has then lowered the overall demand for office space and, in some markets, occupancy and rental rates are declining. Due to this, many landlords are offering concessions to tenants in order to keep people in the office space. When you are shopping for office space or if you want to renew an existing lease, you should ask for a furniture allowance from your property manager. As long as you are a good tenant and are willing to sign a long-term lease, you should be able to get the additional funding you need to pay for the office equipment.

Do Work Yourself

At some point, you may want to upgrade your space with some fresh colors and designs. Repainting your office space can go a long way to make the space seem new, and is something that many business owners and team members are more than capable of doing on their own.

Whether you are looking to move into a new space or upgrade an existing office, there is bound to be some investment and expense associated with it. Fortunately, there are ways to manage this expense. By following these tips, you can reduce the costs that come with upgrading or expanding your space.

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by Lottie Pritchard // Lottie Pritchard is a contributor to Businessing Magazine.

Opinions expressed by contributors are their own.