Leases-Leasing
Advantages of Leasing an Executive Suite versus Buying Traditional Office Space in Dallas Texas
The small business owner or manager of a satellite or branch office of a larger company is faced with many decisions when considering their office space in the Dallas ? Fort Worth (DFW) Texas metro business area.
These decisions include:
- Where do I locate within this large geographic metroplex?
- Do I locate close to my customers?
- Do I locate centrally to my employees? homes?
- Do I need easy access to the expressway system or the area airports to accommodate customer visits?
The answers to these questions are complicated by the diversity of your employee or customer locations within a 12-county region made up of Dallas, Fort Worth and 126 other municipalities including the fast growing business centers contained within Las Colinas, Irving, Grapevine, Garland, Frisco, Plano, Southlake, Westlake, Coppell and Lewisville. A geographic area encompassing 9,000 square miles might require multiple office locations to adequately serve or cover your markets.
How much working capital will I have to commit towards an office facility, furniture, equipment and my supporting administrative functions? How much time will it require of my management resources to find, hire, equipment and train my required administrative functions? How will I accommodate or plan for increases or decreases in my office space requirements?
This is working capital and management time which would be put to better use for prospecting for new customers or markets or to better service existing customers.
The advantages of using an executive suite management company within the Dallas ?Fort Worth business region include:
- Quick, easy possession, often within a business day or two.
- Short periods of commitment ? as short as three or six month commitments are generally available.
- Expansion possible within the building or across locations which makes incremental growth or downsizing much easier.
- No capital outlay beyond a security deposit is required.
In short summary, the answer for most small business owners or professionals and many branch or satellite office managers is not to lease a traditional office space, equipment it and staff it; but rather, to lease space from an executive suite company located within the Dallas and Fort Worth metroplex.
Mark Stone writes for various websites including Meridian Business Centers http://www.meridianbusinesscenters.com a provider of executive suites in Dallas.
Mark Stone
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