Hot property
Hot property
- 2002
- Accountancy 130(1307) July 2002, 70-71(2) .
Discusses office space which has become an important issue with many organisations especially with an economic downturn threatening. Recommends business make the most of their property by leasing rather than owning it as this makes better use of finances and is more flexible. Argues firms could lease through an office provider and this can make for cheaper costs and the business taking up less space. Companies can move on more quickly, saving time and fitting-out costs. Argues that in some circumstances businesses owning their own property has its advantages such as when they are not likely to expand over the next few years.
OFFICE SPACE
ECONOMIC DOWNTURN
PROPERTY MARKET
LEASING
SPACE UTILISATION
Discusses office space which has become an important issue with many organisations especially with an economic downturn threatening. Recommends business make the most of their property by leasing rather than owning it as this makes better use of finances and is more flexible. Argues firms could lease through an office provider and this can make for cheaper costs and the business taking up less space. Companies can move on more quickly, saving time and fitting-out costs. Argues that in some circumstances businesses owning their own property has its advantages such as when they are not likely to expand over the next few years.
OFFICE SPACE
ECONOMIC DOWNTURN
PROPERTY MARKET
LEASING
SPACE UTILISATION