When many people consider refreshing their office space, their first thought is cost. But an office refresh can actually save you money over the long-run. In this article, we are going to talk about the hard and soft savings that come with an office refresh.
Hard Savings
The term “hard savings” means dollars added directly to a company’s bottom line immediately. Some common examples of hard savings include:
- Reduction in unit cost of operations
- Reduction in unit cost of production
- Reduction in overhead cost
- Reduction in transportation cost
- Increased throughput, resulting in increased sales or revenue
Updating your office space likely won’t directly reduce your cost of operations, production, transportation, or overhead. However, it can have serious soft savings benefits that are more indirect.
Soft Savings
When we talk about soft savings, we’re talking about less-tangible savings that still benefit the business, but not as directly as hard savings. Here are some examples of soft savings:
- Increased safety in the workplace
- Increased employee satisfaction
- Increased customer satisfaction
Refreshing your office space can do all of the above – increase workplace safety, employee retention, and customer satisfaction.
Office Refresh Experts in NYC
At Distinctive Offices, we can refresh your office space with little to no downtown to you and your staff. Using our proprietary Rapid Facelift Process, our team can have your project completed over the weekend, and you can come back to work on Monday to a whole different office! Contact our office refresh experts today to learn more about how we can update your office space without breaking the bank. You can also visit our NYC showroom to get ideas about your next project.
