Learn the Steps to Starting Your First Office
The decision to start an office may be one of the most complex and unfamiliar decisions that you will have to make. This guide will take you through the process of starting an office and help you make the right decisions that are critical to your success.
Budgeting for Costs of an Office
The most important task that will ensure the success of this project is to start a budget. Unless you have an unlimited supply of money, the finances required to start an office will be your most limiting resource. A simple spreadsheet that details each one of the sections listed below will help you calculate the total cost of starting your office. If money is tight and credit is a problem, you can rent office furniture.
Running your office at home can save you a lot of money. But there are seven questions you need to answer before you make this decision. Consider each one carefully and the impact it will have on your business and the other people in your home. Get off on the right foot and success will be yours. Start on the wrong foot and you will struggle through the remaining tasks.
If working at home is not right for you, your business and your family, you will have to find office space outside your home. Commercial real estate can be unfamiliar territory, but the task is important. Determining the right amount of office space in the right location will help the business over the long term.
Regardless if you will be working at home or in office space outside your home, you will need office furniture. Some office furniture will be expensive and some may be inexpensive. Some will be necessary and other furniture will be nice-to-have. This guide will help you discern what you need and what you don't need. In addition, you will get some tips on saving money.
In addition to furniture, your office will need a variety of office equipment. It is at this point in the project your budget can really get blown. Here is a list of office equipment and money saving tips that will help you stay within your budget by getting only the office equipment that is truly necessary.
Last, but not least, are office supplies. This will most likely be the smallest line in your office start-up budget, but it can not be overlooked. Office supplies are not expensive but they must be accounted for in order to avoid spending more money than you have. Don't spend too much time on this task, but at the same time make sure it is not forgotten.