In the past, downsizing your office space indicated that your business wasn’t doing well or that it wasn’t successful to begin with, but with real estate prices constantly skyrocketing in prime locations, downsizing is actually a very practical choice for most small and medium-sized businesses these days. The objective isn’t simply to save corporations money; rather it’s to figure out ways of spending money more wisely by eliminating useless spending such as paying a fixed monthly rent to a landlord regardless of how often or how little you actually use that office space.
Freeing yourself of a fixed monthly contract allows you to improve your business practices and allocate those funds to more lucrative endeavours. Office rentals in well-known cosmopolitan cities like Ottawa can certainly increase your revenue, lower your monthly costs, significantly improve employee productivity, and help grow recognition of your brand.
5 Great Reasons to Downsize Your Office Space
If you hadn’t considered downsizing your office space before, perhaps it’s time you start now because there are a great deal of sensible reasons to do so.
The current location of your business might not be accessible or even convenient for all of your employees to get to every morning, and having to commute to work everyday can put a damper on their day before it even begins. No one enjoys using crowded public transit or enduring heavy traffic to get to work, especially if they know that, for the most part, they’re fully capable of completing their work remotely from the comfort of their own homes.
Working Remotely Improves Productivity
Many studies have shown that employees who are allowed to work from the comfort of their own homes or any other remote location of their choosing are generally happier and enjoy their work more. This uplifted shift in spirits exponentially increases their productivity as well as the quality of their work, which leads to positive results for your business. Modern technology allows for full-coverage, distant, face-to-face electronic interactions between employees. The sky’s the limit when it comes to communication, and the fact is that you no longer have to be in the same room—or even in the same country—as your coworkers to effectively collaborate on projects with them.
Opting for a short-term office rental package in Ottawa means that you and your employees can pretty much come and go as you please. You can choose when it’s absolutely mandatory to conduct your business from the office and when you want to work from a remote location. Having this kind of freedom can increase the efficiency of your work by large margins because it means you and your employees can work flexible and more convenient hours with fewer distractions.
Renting a meeting space in Ottawa also means that you’ll save a great deal of money when it comes to your bottom line. Your employees won’t have to commute into work as often as they would if you purchased a full-sized office space. Also, you’d only have to pay for the office space on a need-be basis, which saves you a great deal of money if you travel a lot for work or if it’s too inconvenient to come into the office everyday.
Office rental services in Ottawa should take the time to understand the growing unique needs of your business and work tirelessly to meet those demands on a daily basis. This includes updating or altering office infrastructures according to the requirements of individual businesses as well as providing the latest office equipment and furniture that match your basic business principles.
Office Space Rentals in Ottawa
At Innovative Professional Offices, our objective is to provide our clients with fully-furnished and tasteful office spaces that suit their needs. With flexible and customizable rental packages and locations all across Ontario—including Ottawa and Mississauga—it’s easy to reserve meeting rooms whenever you need them. For more information on our incomparable services, please contact us.
Latest posts by Pat Fernandes (see all)
- The Benefits of Renting a Private Office Space during the COVID-19 Pandemic - October 9, 2020
- What Are the Benefits of Hourly Office Rentals in Ottawa? - September 4, 2020
- Advantages of Short-Term Office Space Rentals for Growing Businesses - August 14, 2020