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Office Furniture Finance For Your Co Working Space

Thursday 28 February 2019, 9:28PM

By Beckie Wright

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Businesses are discovering that they need flexibility if they are to survive and thrive in today’s competitive market, and one of the more challenging requirements for accurate prediction can be office space. Your need for office space may change regularly, but most leases don’t work that way. It can be tough determining precisely the right amount of office space to meet your needs, particularly if you work with teams on short-term projects.

Businesses often overestimate their office space requirements to ensure that they don’t run short of space, then find themselves paying for excess space, but are locked in a lease until the next review date. One solution to this problem is for businesses to work together to share office space. By creating co-working spaces, you are giving yourself flexibility. You have a source of income to help with your lease payments, while at the same time ensuring you have sufficient “overflow spaces” for your workers to use in your busy periods.

You will need to think carefully about how you furnish a shared co-working office space. Somebody who pays to use the office for a short time will expect a fully-furnished area, so you need to think carefully about the type of office furniture you buy. Ideally, you will wish to use mobile, flexible furniture that allows users (including your own workers when necessary) to lay the space out as they require. Commercial Traders offer many types of modular furniture that you can mix and match according to your needs.

Commercial Traders can also provide you with an alternative way to finance your co-working space using an operating lease. An operating lease allows you to obtain what you need to make the space functional, but to then make payments over time, on a per-desk basis. And because a lease is deemed to be an expense for accounting purposes, your payments may be tax deductible.

Commercial Traders has partnered with FlexiRent to help you spread your office furniture costs, simplifying the setting up your co-working space. Whether you are merely building a multi-purpose meeting room or outfitting an entire floor of flexible office space, FlexiRent will have a payment plan that caters for your needs. With FlexiRent you will make a set monthly payment for your office furniture. You pay an agreed amount to lease the furniture each month. You can extend the term and upgrade your furniture when you’re ready.

FlexiRent provides an easy way for you to furnish your co-working spaces without having to make a massive capital investment up-front, and helps you manage your cash flow. You know what your monthly payments will be so you can budget accordingly, so to find out more about office furniture Auckland, ergonomic office chairs Auckland and computer desks please go to https://commercialtraders.co.nz .