May be you need more space to accommodate your new machines and employees or perhaps the existing lease is going to expire soon. Whatever be the case, you need to determine the next steps to be taken with the office space. Either you decide to stay and renovate the place or simply relocate to another place.
Timing the decision
You may be unsure as to which option will suit your needs. The truth is that time moves very fast. Hence, you cannot leave such crucial decisions for the future. According to the experts, the best time to take concrete decisions will be when you still have 1-2 years lease in hand. This way, you can consider all essential aspects as well as weigh the pros and cons to make a well-informed decision.
8 steps to determine whether to refurbish or relocate
Set clear objectives: Evaluate what you desire to achieve from your business ambitions before taking the decision to relocate or refurbish. There needs to be at least a single key driver to make such crucial decisions. It can be something complicated such as business restructure or simple thing like lease expiry. Defining clear objectives very early will allow you to have fixed goals. The latter can help structure and rationalize available choices.Evaluate space requirements: Find out what is desired in your office space and what is not. Without proper clarity in aspirations and limitations, you will be unable to deliver effective long-term business strategy. An accurate way to identify your workplace requirements, employee interactions and workflows is to perform workplace analysis. The latter allows the best office interior design Delhi to make data-driven decisions on how to derive the max from available office space.Select carefully fit out specialist: Fit out specialist analyses workspace options, ensure things like electrical and mechanical operation as well as design new environment. The specialist helps develop a new workplace while involving your employees in the journey. The external expert when introduced can help make correct decisions while giving life to the project.Building search & Survey: Businesses seeking to relocate should undertake building search. Organizations that desire to continue their office at the existing space can find it ideal. Check out the market. Get to know the available incentives and deals. This allows you to get a better deal on the lease. Your landlord as an incentive might be interested to bear some part of the refurbishment expenses.Dilapidations: Before moving into the new workplace, get to know what you need to undertake at the current workplace. The lease may probably have commercial dilapidations clause that you might be required to oblige. It could mean that the old office space is to be left in a condition that it was when handed over to. The works for resetting the space are dilaps or dilapidations.Design development as well as approvals: You need to work along with your build and design partner. Take into consideration everything ranging from materials, colour schemes, collaboration space, departmental relationships, workflows, etc. In this particular process, you are to agree on your space place by developing schemes and sharing ideas. This should be done before finalizing them. Interior designers should also be involved and provided necessary support, feedback and information before finalizing any design.Lead into build: In case refurbishing the office, then before starting the work, find out if you require a valid license or permission from the concerned authorities. Your commercial agent or fit out partner can assist in this. The latter will also assist at this stage in different other things since they are likely to be your main contact point to manage the project. They will ensure your business experiences minimal disruption during this period.New space: Hire a reliable office removal firm if relocating to a new place. They can manage the practical side and ensure the tasks are undertaken quickly, safely and without causing trouble to anyone. Your staff will also require some briefing a welcome session to clarify concerns.Proper decision
Whether to refurbish or relocate will entirely depend on your future business needs. The latter will determine what is desired from the office space. Define objectives, lay solid foundation to determine on the property.
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