Get a Better ROI from Your Office Space

How You Can Get a MUCH Better ROI from Your Office Space

It was estimated in a recent study that £42 million pounds per annum is wasted unnecessarily in the UK simply due to the inefficient usage of office space. That’s a huge amount of money and, given what we find when we are called in to complete space planning and/or space consolidation, that figure could well prove to be a conservative estimate. Space planning or space analysis is, quite simply, about making the most effective use of your available office space to achieve your objectives. The most efficient use of space, light, acoustics and furnishings can have a tremendously beneficial effect on your business.

Firstly, as many of our clients have found, when planned properly with a sound understanding of needs and objectives, a great deal of office space can often be freed up.Some very tangible advantages are then realised:

• More personnel can comfortably occupy the space – which could mean you don’t have to move premises.
• The free space could either be sub-let, bringing you in an income if you own the premises, or you can reduce the square footage used by your organisation and pay less rent.

Another distinct benefit, we’ve been told by clients, is that productivity, in many cases, increases, which again means additional income and increased profitability.

Maximising your office space makes good economic sense

How effective is your office space? If you are unsure or believe you may have wastage, one of our office space planning analysts could provide you with a comprehensive CAD rendering which will show you, visually, how your offices could work and look, how much space is wasted and what could be saved or better utilised. One of our clients, a law practice, were considering moving, however, after space planning and a programme which allowed for better utilisation, not only do they now not have to move, they’re receiving an income by renting out a complete floor of their building.