Let’s take a look at seven key ways in which you can save money without compromising on office productivity.
GO PAPERLESS – Don’t print anything off if you don’t really need to. Of course, there are certain things that you will have to print off, but ask yourself if it is really necessary to do so before you go ahead. It’s estimated that it costs 3p to print one side of A4, so if your office printed off 200 pages every day it would spend £1,500 every year. The money you save could be spent on a variety of alternative purchases, from office parties to maintenance work.
POOL RESOURCES– Join up with other companies that use the same suppliers as yourselves to make bulk purchases. Find the cheapest provider of a product, service or resource that you need and use your collaborative buying power to make exceptional savings for a set period of time.
EMPTY DESKS – If you have empty desks in your office, why not sublet your space as a co-working space or a hot desk. You’ll have to make sure that the terms of our lease allow you to do this, but you’ll be able to not only generate additional revenue but keep your office busy and productive too.
CHANGE YOUR OFFICE DESIGN – Companies like Google and Facebook have shown how a specially-designed office space can heighten productivity and creativity. Open plan designs and break out areas can help you to improve morale and productivity. The more engaged your staff are with your environment the more they are likely to achieve. It may be worth refitting your office to nurture a better workplace culture.
TALENT SCOUTING – Recruiting experts and market leaders can be expensive, but developing your own team and putting your faith in youth can be much more cost-effective. Interns can bring your wage bill down whilst graduates can be as enthusiastic and knowledgeable on certain topics as older, more experienced potential staff. Training young staff can save you a great deal of money.
RECYCLE – Reuse old paper and printer cartridges. Consider donating old cartridges to charity and write it off against tax. The savings resulting from a year or so of this can be significant.
USE LESS POWER – It can be easy to underestimate how much money is lost to unnecessary power usage. New advancements in technology have made it easier for us to reduce our power usage, with motion detectors helping us to turn of lights when we’re not using them and PCs being switched off at the end of the day. Again, you may save thousands over the course of a year by making a few small changes.
At King’s Cross Office Space, we’re experts when it comes to helping clients locate, secure and fit out workspaces. We have robust relationships with various interior architects and designers. Get in touch today to find out more.