Whether you’re part of a company with a small team or a large and established corporation, location will always be important for your business. The office space must have the right balance between cost, convenience, and business prospects.
For those of you who don’t know, a satellite office is a branch of a larger company that is physically detached from the main office. Companies use satellite offices to develop their businesses strategically. Let’s look at two of these strategies.
1. Up and Coming Businesses
Maybe you start a business by yourself, but inevitably you’ll need help from others. As your company hires for other job roles, there may naturally come a time when you just want more space. There’s no reason to pause a company’s growth to look for a better and bigger place to work.
Shared office spaces make this particularly easy, because they offer serviced spaces on month-to-month or other short-term and flexible rental agreements. That way you can rent only the space you need and upgrade without hassle when more people join your business.
2. Businesses Looking to Collaborate
Competition is becoming something of the past and the future is collaboration. Many of today's most innovative companies seek partnerships with other businesses to bolster their own. This allows corporations to transform potentially industry-rocking competition into mutually advantageous partnerships.
Establishing a satellite office in a hub of startup activity, like Technology HUB, sets up your company to collaborate in a coworking space. Besides networking organically, you stay on top of the industry trends because of the events that take place in these business centers, and you’ll be able to promote your brand and services to a receptive community.
The Perks of Satellite Offices
1. Cost Efficiency. When it’s not necessary for all staff members to work in the same physical space, it may be a good idea to invest in a satellite location to establish or maintain a presence in another location at the same time with a lower cost.
2. Good Address Reputation. A satellite office at a well-known and respected location can set the tone for a business meeting, interviews and even networking events, as well as positively impacting potential clients, partners and investors.
3. Fully Furnished. Furniture decisions, coordination, setup, and maintenance will add up money and time. Your company is better off renting an office that is already furnished. This also makes moving in and out a pleasant experience.
4. Amenities. Providing your collaborators with a positive workplace experience and tangible benefits, like kitchenettes, leisure areas, and coffee service gives you an edge in your hiring process and lowers your workforce turnover.
If you’re considering leasing a satellite office space, Technology HUB is the best option in the border region of El Paso Texas, and Ciudad Juarez.
