Amongst the first problems that your startup will encounter will be the one of workspace. The worst part lies in the fact that even when you do find a suitable office space, you will be surprised to see just how little it takes for your business to grow out of it. This means that you’ll have to start solving it all over again. In order to prevent this from becoming a major problem, here are several tips that will help you solve the space problem and expand your startup’s office space.
Consider an open floor plan
Walls take up more space than you think, seeing as how they also create some limitations. There are some items that you can’t place right next to the wall. Also, by placing a workstation next to the wall, you’re limiting maneuverability by quite the margin. All of these problems are something that an open floor plan could solve. Nonetheless, hire a contractor before you start tearing down walls. You see, you need to check if it’s a supporting wall or if it has some utility cables within. The last thing you want is to cause some property damage while trying to increase the usability of your office.
Expand your premises
This is a step for only those who own their office and it is a move that can yield an incredible ROI. Namely, by expanding the premises in terms of building another area or expanding your warehouse, you’re making a short-term investment in order to indefinitely increase the amount of room available. Now, some may fear the duration of this project, yet, if you use innovative construction methods like steel formwork, you can get this done much quicker and at much greater efficiency. Moreover, this is a method that you can apply for as long as you have space on your property.
Sometimes moving to a bigger place is the best course of action for a company due to the fact that it’s not just physical space that your business will need. Namely, moving to a location downtown will boost your company’s prestige and PR efforts, as well as make you more attractive for talent. The biggest problem with moving offices lies in the fact that it’s expensive, causes downtime and may force you to move to a location that’s not ideal for your business. When moving, you should always pick a place that’s a tad larger than your current needs so that you can grow into it at a later date.
Hire remote workers
While this isn’t necessarily an expansion of the office space (unless you consider a virtual office, as well), this is definitely a method that can solve your problem with regard to office space. Instead of having to physically expand your office or undergo an expensive relocation (which might not be a permanent solution either), you can just start hiring remote workers. In fact, you can even allow some of your older staff members to work from home, in this way giving them more flexible work hours.
Consider finding a shared office space
The next solution is more of a combination of remote work and renting another office. For instance, imagine a scenario where you need a room for several more employees and don’t expect to hire more in the nearest future. In this particular situation, it wouldn’t be financially viable to get a lease on new office space or relocate. Instead, you should look for local shared office space options and see how much it would cost to temporarily solve the work environment issue for these staff members.
Even though not all of these methods actually expand the physical space of your office, all of them are there to get the job done in the most cost-efficient manner. Seeing as how your budget might be quite limited (after all, you are a company in its infancy), you need to make sure that you always get your money’s worth in order to make it.