Office Relocation or Office Refurbishment?

Over time, businesses often find that there is no free space in the office, either because the business has grown rapidly or the office space is not being utilised properly, which leads to the asking of the question: office refurbishment or office relocation?

The business owners will have a big decision as to whether they wish to relocate to a larger office or refit the existing one so that there is sufficient space to accommodate all the employees and equipment.

Both office renovations and office refurbishments are large investments, so any business owner will need to consider their long-term plans and business growth to come to the right decision.

However, some factors should be considered when choosing between renovation or relocation…

Relocation

One of the most obvious reasons to relocate an office is if the current location is in a remote place, making it difficult for potential and existing customers and employees to reach.

In some cases, the business competitors may take advantage of the remote location to lure customers away, so considering a more central base for your office can take your business to the next level and become more competitive.

Another key reason for relocation is that the office area may be too small to meet requirements, especially if your business is experiencing or expecting a lot of growth over the coming months and years.

The main advantage of relocating is that the new space can be organised exactly as required to maximise efficiency and productivity, making sure your office space reflects the growth and size of your business is essential.

However, there are some disadvantages to relocation that business owners should be aware of.

Relocation can be a very disruptive process since all files, equipment, stock, furnishings and other office supplies will have to be safely moved to the new location.

The office staff will not be able to work efficiently for some time during the relocation if the move is not meticulously planned in advance.

Additionally, the business will have to be in a position to reinvest a lot of time and money into the relocation, so understanding that there can be hiccups and mistakes made along the way is imperative and planned for.

Refurbishment

Though it may seem convenient to just shift to a larger office, there are many reasons business owners cannot do so.

In some cases, they have leased the office for a longer period of time or simply cannot afford the rising office rental prices as opposed to the financial investment that a refurbishment would require.

Whilst an office renovation can also be extremely disruptive to an extent, if carefully planned and executed, it should be effective in increasing space and taking less time.

Often the lack of space is due to a lack of proper planning or a lack of insight on how to maximise the office space that you already have.
Minimising storage by using paperless and digital solutions can have a huge impact on the amount of storage space your office is inhabiting, and freeing up that space can make way for refurbishment which can lead to a much more fluid office space for employees to work in.

Ultimately, the decision will not come easy for business owners and it will need to be carefully considered with the pros outweighing the cons massively on either relocation or refurbishment.

However, if you do opt for a refurbishment over the relocation of your business, our expert team at Redditch Partitions can offer a fresh perspective on how to maximise the office space you already have and your budget, without the need for the commitment of relocation of your business.