Office Fitout Costs – 6 Ways To Cut Costs.
1. Stay and refurbish.
When looking at your potential office fitout costs, this is always the first option to consider. You can refurbish your existing office. Put your moving costs into new desks, carpet, ceilings and lighting and add the latest IT technologies – all these things can be done while you are still working there. Yes, the refurbishing will have to be done in stages and there will be time penalty for this, but the costs saved by staying put can be substantial.
2. Select the right building.
Strange as it may seem, not every commercial office block will be suitable for your new office. Is the air conditioning suitable? what about the general lighting? what sort of communication connectivity does the building have? The consequences of any of these items will have a major impact on your office fitout costs, so make sure these are checked out before you commit.
3. Get a package design and build contract.
Many studies have been carried out to determine the most cost-effective way to carry out an office fitout. A major influence on cost is how you engage the professionals who will design and build your office. It is widely accepted in Europe, the US and now in Australia that a “package deal” of office design and build from one supplier is one of the most cost-effective ways to complete a fitout. It is also the quickest.
4. Lease a space already fitted out.
The current trend among property owners is to lease office space which is either partially or completely fitted out. It sounds like a good idea: just move in and start working – no designers to brief or builders to organise and, of course, no cost. But in reality there is always a cost. It could be hidden in reduced lease incentives or higher rent. Also most spaces already fitted out will require some alteration or adaption to meet your needs. Nevertheless a fitted-out space should always be cheaper than starting from scratch – provided you can work with the inevitable compromises.
5. Change from cellular to open plan layout.
Over the last few years there has been a shift in office design from cellular layouts to more open-plan layouts. The result is that there are less building works (walls, doors, finishes, etc.) in each project and therefore less cost. Add to these savings more efficient design (for example, walls shared by different spaces) and the total cost of your fitout works can be reduced significantly.
6. Reuse existing furniture.
A few years ago reusing your existing office furniture would have resulted in significant savings. Today there are still some savings to be made when you reuse or re-purpose but they are less significant due to the falling costs of new furniture. However it is still worthwhile considering in your overall budgeting and don’t forget the sustainability pluses when you re-use.