How to Cut Office Overheads and Still Have a Prestigious Office

Ever imagined your office operating out of a plush Macquarie Place address, handling meetings like a pro and managing your team of hundred with ease and aplomb? While your business might not quite be at the stage of multi-level hires and exciting expansion it doesn’t mean that you have to give up the dream of a glorious Sydney business address. The costs of running a business are nothing to be sneezed at, and if you ask any business owner they will tell you that their two biggest costs are staffing and their office space. Staff is something that you kinda need to have – but what if I told you that you could manage your business office at a fraction of the costs of a fixed commercial lease, AND that you could have the prestigious address that you always wanted? You might tell me I was crazy – but I’m not. I know the secret that can help, and it’s simple: a virtual office. A Virtual Office in Sydney includes a CBD address – and when you consider the decreased costs of having a virtual office compared to renting a commercial property it makes plenty of sense.

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I want to go over the benefits of having a virtual office, and then explore some of the other things that you can do to cut overheads with your business.

A virtual office

The decision to invest in a virtual office is a great boon for your business – let’s take a look why. You can get all of the benefits of a full-service office without having to commit to a lease. You can even get a month-to-month rental of a virtual office, which is perfect if you need to be in town for a particular event or engagement and need the perks of an office without the hassle of having to manage all of the overheads. Why not save the money you would otherwise spend on an office and put it towards something that will grow the value of your company instead? Make an investment into your future.

Limit your overheads and expenses 

Figuring out how to best manage your client relationship is important, and is something that shouldn’t be skimped on. That said, the value that can be gained from a face to face meeting isn’t necessarily the most important thing, and oftentimes you can get the same benefit from having a Skype meeting. Think about what is the most important thing for your business and act accordingly. Figure out what kind of entertainment policy works for your business and stick to it.

Harness the art of telecommunication
We are very lucky to live in this digital world, and it makes sense to harness the power of it for the best benefits for your business. You don’t need admin people, you don’t need a full time receptionist on your staff, and you can reduce the costs of office space simply by linking your team with the internet. Easy!

Save on office expenses

A big expense for your business is often the paper and other office supplies that you find yourself using. When you switch to a remote staff and a virtual office you will notice a severe decline in the costs from running an office. There is a huge amount of paper wasted every day in the office, and if you can figure out how to cut this cost for your business then you’ll be on the right track to success.

Have you figured out any other ways to save on your office overheads and keep your prestigious address? If you know of any, feel free to let us know!