Get Rid of the Shiny and Expensive Real Estate Office!
Times have changed and are continuing to move fast. It is proving more costly to run a business and more advantages to lower your commitment. By commitment, I mean being tied in with stuff! It is so easy to fall into this trap, leases on cars, printers, phones, and the biggest expense is your commercial space.
In this article, we will talk about getting rid of it, but still achieving the same outcome. One of the big things an office is useful for is when it is team meeting time. This is probably the biggest wasted space in most offices, as it would only get used a few times a week.
If you have no office, where do you hold meetings?
The answer is simple. You rent a boardroom or use a place that has a large commonplace that accommodates your team. We had around 10-12 people usually, in our sales department, and we definitely did not have a boardroom. I think renting office space for short-term will really become more common, moving forward.
The other alternative that’s is proving to be the only way, in some cases, is to run the meeting online using a platform like ZOOM. Zoom meetings are becoming more and more common for team meetings.
How do you manage staff when you cannot see them?
The tricky part is monitoring productivity. I think you need to firstly have the confidence that you have the right team and then you will see the workload getting completed. Do monitor workload and track tasks. There are many tools out there to help you do so.
There are so many other ways you can run a business without owning an office. I am not on the ground, running a real estate business anymore, so I would love to hear from you guys about how you are adapting to all these new changes.
Are you considering giving up your office space?