I provide Location Advice to owners and occupants of commercial structures in Southern California. This post provides advice to companies that have outgrown their current location but don’t want to go. The fact remains, however, that the business has outgrown their location which creates operational headaches which lead to inefficiency and eventually loss of income. In case your company discovers itself looking for additional space and you don’t want to go, what should you do? Below are some suggestions that you should consider which might solve the functional space needs while addressing the concerns defined above. Before we explore the solutions, let’s detect the problem, shall we? What is (are) the reason(s) you have outgrown your location?
Add additional office space to your location: On the surface this appears to be an easy fix. 75 per rectangular foot depending upon walls, plumbing, upgraded finishes, etc.). DMG. If you lease your location, you’ll need the owner’s authorization AND you will be leaving the improvements in the positioning if you move at the end of your rent.
Other factors are the town where you operate (the improvements should be permitted) and the parking ratio. Generally, office space will require 4 parking spaces for each 1000 square feet of space. Most industrial buildings are parked 2 spaces per 1000 square feet (including office, production, and warehouse). You may be limited regarding the amount of office space you can include to an existing configuration. Put in a creation mezzanine: A creation menu can be a great way to increase creation square video footage without consuming living area.
If you possess your location, add machinery or processes, consider this solution. Add an office mezzanine: Every one of the considerations outlined in the previous “add office” paragraph apply here as well. The differentiation is that in addition to adding workplace you are also adding rectangular footage to the overall framework by creating another tale.
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20 per square foot more expensive than first-floor office space). Store some finished product or recyclables outside: At the mercy of city ordinances (if outside storage is allowed), a backyard, or a guaranteed area outside multiplies your functional square footage. Lease additional space close by: Whether you own or lease where you are, a short-term fix to your space needs might be accomplished by leasing space close by. Being a frequenter of the blog, you know that I’ve written about reasons that companies move previously. The main reason I see is that the company has leased additional space (s) to accommodate growth and today the procedure is inefficient.
The upside to the strategy is that the surplus space (if the rent is versatile) can be discarded at the lease expiration (if the area is no more needed) or restored until a far more permanent solution may be accomplished. Outsource a function to another producer: This solution is potentially costly and should be in comparison to moving and keeping the function in house. Some economies may be accomplished however if the function is new (and the upside-unknown) or the barriers to access are formidable. The best example that comes to brain is our client Designworx Packaging. Designworx needed an upscale office image coupled with an ordinary vanilla warehousing function. The two functions were opposed and unattainable in a single building diametrically.