An important viewpoint to change in doing business is seeing renovations as an expense. Renovating your office is actually an investment that will generate dividends for years to come.
Cut energy costs
One of the more tangible dividends you can get is cutting the costs of future energy use. This is a great opportunity to change the mechanics of your office interior to use energy more efficiently. Upgrade the electrical panel, HVAC system, and plumbing. Re-organise all the ductwork, pipes, and electrical wiring in the most straightforward way possible. Check the insulation throughout the office and bolster any areas that are lacking. Then replace all your lighting sources with energy-efficient ones. A great idea for rooms that see irregular use (e.g. supply room, photocopy room, conference room, etc.) is to install motion-sensor lighting so that it’ll automatically shut off when there’s no activity in the room. Finally, buy energy-efficient office machines to take the place of your old ones. You can then reinvest the savings you get from all these upgrades back into the company.
Enhance staff performance
Your staff is one of the smartest investments you can make. At the end of the day, they’re the ones who help you run a successful company. Renovating the office to give them a better working environment is one way to show your appreciation for their dedication. One of the easiest changes to make is to establish a colour scheme in the office through wall paint and furniture. The colour scheme can be your brand colours, colours that influence productivity, or a combination of both. Install larger windows so that your staff get more natural light during the day. And get rid of overhead fluorescent lights. Instead, use more ambient lighting in common areas and provide each desk with individual lighting – all with energy-efficient bulbs, of course. Making use of technology and re-arrangeable furniture in your conference room will make meetings more interactive and collaborative. Quiet zero-disturbance work zones throughout the office will help employees who need to focus on intensive work sprints. If your staff feels comfortable and well-equipped in the office, their productivity and performance levels will naturally increase to your benefit.
Reinforce company branding
When a business first starts up, it’s often concentrating on upping revenues and market share; it may not have the time yet to establish company core values. As the company matures over the years, its core values will start to solidify. These values are what will form the backbone of your company branding. And office renovation is the physical path to reinforcing company branding. That means making changes to office design all the way down to the materials so that that your office re-aligns with the updated company core values. Your clients will get the brand effect when they walk in as will your staff, who will then take pride in helping you spread the company brand further.
Increase potential clients/sales
All the above work in conjunction to increase potential clients/sales. If the new office design also optimises your company’s workflow, it’ll attract even more clients and sales with the new streamlined services you now offer.
Raises the bar on competitors
The beauty of renovating your office is that it shows your competitors that you’re confident in the future of your company’s growth. It makes them wonder at the source of your confidence. That’ll generate two different reactions: 1) they’re so shaken up that they bail out of the game; or 2) they push themselves to find creative ways to stay competitive. Both these reactions are good for your company. Yes, even the latter one because ever-flowing competition means that the industry is innovating as a whole, which enriches the lives of both customers and companies.
Want to get your money’s worth? Give us a call and we’ll help you maximise the returns of your investment.