Month: February 2017
5 Reasons Why Companies Use Third Party Storage Facilities
When I say “storage”, a couple thoughts may come to your mind— “the cloud”, which more and more companies are using to store soft copies of files and documentation, or a storage closet where items like unused furniture, filing cabinets, hard copy files and other hard assets are kept.
But what about third-party storage facilities? Should companies take advantage of such services or just store inactive items somewhere in their office space?
Here are some thoughts to take into consideration:
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Cost – Consider your office space lease rate. According to the Toronto Real Estate Board (TREB), the average office space lease rate in downtown Toronto in the last quarter of 2016 was $12.86/per square foot net1. If the storage space required for your inactive hard assets is roughly 50 square feet, then $643 of your total monthly lease would be paid towards storing hard assets not currently in use in your office space. A third-party storage facility may charge $150 to $200 per month for the same size storage space. That alone would be a monthly savings of over $400 in favour of using a third-party storage facility.
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Space usage – Would storing your inactive hard assets be an effective use of your office space? With the trend towards companies occupying smaller office spaces, the need to utilize every valuable square foot of office space for business-related activities would likely be a more business savvy choice than trying to squeeze those items in a corner of your office space.
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Security – Your office space landlord may provide the security services needed to protect all of your valuable assets but the same would be true for a third-party storage facility. Security cameras and special security locks are just a couple of features that third-party storage facilities offer their clientele.
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Flexibility – Ahh! There is that key word again. Unless you foresee re-purposing your inactive hard assets into your office space design in the immediate future, keep in mind that third-party storage facilities do offer flexibility in terms of short-term and long-term storage leases, location, and sizes of storage spaces, while giving you the flexibility you need to maximize the use of your office space.
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Accessibility – Whether accessibility means “proximity”, “information about” or just “ease of extracting” those inactive hard assets when needed, third-party storage facilities offer it all. Some storage facilities may even offer or arrange a delivery service as an added convenience to their clientele.
These are just a few advantages. If you are considering to use a third party storage facility for your inactive hard assets, contact us for more information. We provide secure, temperature controlled, flexible solutions for all your storage needs.
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DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.
Ask us about our asset management services!
Call 416-239-1931, email [email protected] or visit our website for more information and to complete our contact form.
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1Toronto Real Estate Board, Commercial Realty Watch Fourth Quarter 2016, http://trebcommercial.com/public/comwatch/com_back/2016/pdf/cw16Q4.pdf
Happy Family Day!
DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.
Ask us about our asset management services!
Call 416-239-1931, email [email protected] or visit our website for more information and to complete our contact form.
Happy Valentine’s Day!
DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.
Ask us about our asset management services!
Call 416-239-1931, email [email protected] or visit our website for more information and to complete our contact form.
5 Ways to Spread a Little “Love” Around the Office
February, the month where some people think about how to best express their love and appreciation for the person or people who have invested a portion of their lives to impact one’s own life. Usually, the “person” or “people” refer to family members or significant others, but what about the people who have chosen to invest their time and talent into the success of your business? How can you show a little “Love” to those people? Here are a few thoughts:
- Have a Valentine-themed In-Office Luncheon Party. Whether it’s ordering pizza or gourmet sandwiches or any other delicatessen your team enjoys, ordering lunch in the office for your team shows them that you appreciate who they are and all that they do for your business. As for the Valentine theme, a quick trip to a nearby dollar store for a red/white table covering and package of foil hearts can inexpensively add an exclamation mark to your expression of appreciation for the team and its efforts.
- Alternatively, you can take your team out for lunch to achieve the same effect as #1 above. Just be mindful that this option can eat up some valuable time during business hours.
- Give a candy-gram or flower-gram card with a personal note of appreciation to each team member. Individually wrapped candy or chocolate, or a flower such as a carnation with a note of “thanks” is also a nice way to express your appreciation towards your team members. An added touch would be for you to deliver the grams personally to each team member when they come in the office so that you can verbally thank them for all that they do.
- Send e-cards or e-messages. For those of you who work with a team whose members primarily work at remote sites, sending an e-card expressing your appreciation for all that they do could be a good way to spread the “love”. Of course this option does not have to be limited to your team members. It could also be extended to your clientele and other stakeholders that contribute significantly to the success of your business
- Add a recreational item to the office that everyone coming into the office can enjoy when they need a break. I know—a little different from the previous ideas above, but the idea behind adding a recreational piece to the office space—a pool table with accessories, foosball table, table tennis with accessories, etc – especially if your office does not already have this, is two-fold. First, it says “Thanks. You are valuable members…” to your team, just in a more grandeur way. Second, the recreational piece adds a health element to your office space, giving your team members an alternative way to release stress and get their creative juices flowing while in the office. It can also “break the ice” when meeting with existing or potential clientele.
There are probably countless other ways to express your appreciation to your team members. I have only named a few. The key is to make sure you give or do something that your team can and will appreciate in the short and/or long term. They will reciprocate by continuing to ensure your business remains competitive and successful.
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DJ Mcgauley and Associates Inc. is your Office Space Planning, Renovations and Relocation Project Management Company of choice. If a renovation or relocation of your office space is in your plans, please contact us to arrange a no-obligation site meeting. By the end of that meeting, you will know all that would be required to make your office renovation/relocation project a successful reality.
Ask us about our asset management services!
Call 416-239-1931, email [email protected] or visit our website for more information and to complete our contact form.
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Keywords/Tag – team, member, tips on building a team, tips for keeping team motivated
Corporate Space Planning & Relocation Advice 