The best tool any business can have when looking to expand is the right office. When using traditional offices, an expansion will undoubtedly mean that the business needs to move, an exercise which in itself can be extremely costly. When you use serviced offices, however, you are often able to increase or decrease the amount of space you take up as and when you need to, ultimately leaving you in a far better position to expand slowly as opposed to doing so all in one go.
The added benefit of getting such offices to let is the fact that the offices will come fully furnished, meaning that the only extra expense will be a slight increase in the amount you pay each month in rent.
However, serviced offices alone won’t always be enough to expand quickly and successfully. Limiting the costs of expansion can make a huge difference to how successful the growth is, and if you can limit your overheads at such a time, you are likely to weather any times of reduced prosperity far more easily.
Once you have found offices to let that give you all the flexibility you need in terms of growth, it may also be wise to consider outsourcing certain other operations. For example, HR and payroll may be much more cost-effective if these are outsourced and as your company grows, you may find that your own HR department gets stretched or that you have to add more staff just to deal with the fact you have added more staff elsewhere.
Once you have more flexible offices and the right external companies helping you to expand slowly without vastly increased overheads, the next step is to make sure you have the right approach to marketing your company. From your website to social networking, not only do you need people to know that you are bigger, but you also need to ensure you can attract the right custom to make an expansion worthwhile.
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