5 ways to save your office costs during the Covid-19 pandemic


The pandemic worsens the already difficult situation for businesses, even those businesses that were financially robust at the start of last year may see changes in customer spending. Therefore, to survive during this turbulent time, many businesses begin to find ways to save costs but hardly start with their office.

No, you don’t get it wrong. Your office is a good place to start, and here are some ways to help you reduce office costs.


 1. Reassess your office space need

First and foremost, think seriously about the office size that you are likely to need in the short term and whether you will need to downsize in the long term or need to change to other options of offices such as serviced office, co-working space, or even home office.

If you have many unused spaces due to changes related to the pandemic, why don’t you relocate to another option of office? It’s worth doing this because if you find an office option suitably fitting your business needs at this time, you can save a lot of money by downsizing the size or avoiding unnecessary costs during the operation when switching to another office type. The quicker you do this, the more money you can save for your business.

 

2. Go eco friendly

It is possible to save money on your utility bills by being more aware of switching your computers off fully at the end of each day, turning off lights or better still, and switching to motion sensor lighting.


3. Maximize your office space

If your office is still expanding during the pandemic, then it is a piece of good news, but instead of acquiring more space for the support of your company growth, you can re-design the unused/hardly unused space to make it more efficient.

If your team can not do it by themselves, ask a professional designer to help. They can uncover ways to create a more efficient floor plan, helping you maximize your office space without negatively impacting productivity or employee morale. It will cost you a little money initially but save you time, effort, and money in the future.


4. Make good use of short-term services

As a business, you may have some time to host clients for presentations and brainstorms, but no meeting/ conference rooms are included in your office. For sure, you cannot invite them to your house, coffee shops may not be a good choice for some clients, and those meeting/ conference rooms in hotels are preferred by clients but over-expensive for your business during this time. And in that case, you can rent hourly meeting/ conference rooms in buildings or business hubs which can satisfy both your pocket and your clients for these important events. It is pay-as-you-go, so one more good point is that you also easily can keep track of your office costs.


5. Early lease planning

It is never too early to start planning your lease. Looking ahead can give you tons of time to find your best suit of office space and plan your ideas for the working environment and design.

Also, an early renewal or new lease can help you better negotiate with landlords by taking advantage of favorable market conditions at the time.

 

You will be surprised how much you can save just by applying these 5 easy ways, and click here for more information on office plans available in Ho Chi Minh City, Vietnam.



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