Resources

What is Outsourcing?
Outsourcing is “the delegation of non-core operations or jobs from internal production to an external entity that specializes in that operation”.
It can also be described as the process in which one business provides specific services and results for another business instead of performing the same services and results themselves.

With increased competition and rising workforce demands, the question for many businesses isn’t whether they should outsource, but how and when to outsource.

Why Outsource?
To maximize the performance of your company’s real estate while protecting your interests, minimizing management costs, and increasing the productivity of the workforce on their core functions.
Is your Real Estate Strategy aligned with the company’s business plan? Ask yourself this:

- Where do I need to have permanent offices, and what type of space?
- How much space do I need today, and in two or five years time?
- Should I buy property or lease it, and for how long?
- Where are we likely to reduce operations or redeploy?
- What is my total occupancy cost, optimum use of space and where are the savings opportunities?
- What is the appropriate ratio between employees and number of workspaces?
- Do we need one desk per person or less?
- Can I hotel my remote employees to save money?

What is Due Diligence?
In real estate, Due Diligence requires all companies to explore all options that lower the total cost of occupancy. Due Diligence means constantly plotting a fluid real estate market in relation to your organizations evolving needs. It’s an ongoing process for which most corporate real estate departments lack the resources and technology.

Employee Recruiting and Retention?
Within the decade, the massive boomer generation will begin retiring. At the same time, declining birth rates will mean a deficit of younger workers. With these demographic changes, companies in developed economies will face an unprecedented brain drain. To survive, companies must rethink their workforce strategies and transform their management and human resources practices to attract, engage, and retain workers of all ages. Through savvy use of flexible work arrangements and locations, companies can meet the unique needs of each employee giving them the clear advantage to recruit and retain.

Why use Outsource Offices?
Outsourcing cyclical real estate demand to Outsource Offices provides better control of risk and expense. Our team are the Flex Space experts. We free real estate executives of the burdens of Due Diligence and provide them with timely, focused information to make smart and prudent decisions.
Outsource Offices will demonstrate the benefits of outsourcing a percentage of your real estate portfolio into flex space. It will be apparent to see the competitive advantage of having increased lease flexibility to capitalize on ever-changing workforce demographics and market dynamics.

Why choose a Flex Space Option?

1. Occupational Flexibility - A business center offers an immediate solution for any length of occupation and clients can react quickly when needs change, whether to temporarily increase or decrease the number of workstations needed, even on a daily or hourly basis. Rentals can last from one hour to one year.


2. Speed to Market - Business Centers remove time barriers associated with acquiring traditional office accommodations. Serviced offices in business centers are fully furnished, staffed and equipped so occupiers can start work in a business environment almost immediately.


3. Focus on Core Business - By outsourcing property requirements to business centers our customers free themselves from time, costs and risk spent negotiating leases, buying buildings and arranging fit-outs often with numerous potential suppliers.


4. Quality of Environment - This is secured through a guaranteed business-class standard of furnishings, equipment and decor. Product consistency on a global scale can now offer the unrivalled advantages of quick solutions with the right tools to do the job in the right business environment.


5. Access to Technology - Business centers offer the provision of an instant IT infrastructure. Clients can achieve considerable time and cost savings in the shorter term. The full range of technologies available minimizes capital outlay while their ongoing management ensures a trouble-free operating environment. In emerging markets, this instant infrastructure may be a deciding factor in selecting a business solution.


6. Minimising Cost - Renting an office in a business center can be more economic than renting a conventional office, particularly when the duration of usage is shorter term. The business center model allows assets to be depreciated and shared among a number of successive occupiers, rather than being amortised over a period by just one occupier. A UK Chartered Institute of Purchasing and Supply report stated that by using business center offices occupiers could, in some circumstances, save up to 66% in their office costs compared to commercial leases.