Managing Office Operations

  1. Take the minimum office space needed, both in terms of square footage but mostly in terms of keeping the term short. Watch out for long term space commitments that may be hard to unwind if you grow more or fail to grow according to plan.  If you are unsure, take a temporary space as a sublet from an existing tenant or use temporary office vendors such as Regus (www.regus.com).  Real estate can be a ball and chain on your business and many companies these days do not require large amounts of space to function effectively.
  2. You need to secure your space, provide basic office functions such as copiers, fax machines, office supplies and access to conference or meeting rooms.
  3. You need to determine if you need administrative support, figure out what your phone system will be and how it will be answered.
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