Buying your own property will give you total control over the interior. It can be a motivating factor for companies to purchase their space. Spending time and potentially your own money on tenant improvements only increases the landlord’s property value. When you own it, that money goes to you and your company’s pockets.
EMPLOYEES HAVE TROUBLE FINDING PARKING AND TRAFFIC IS ALWAYS HEAVY
This is an obvious one. These two factors have a dramatic effect on everyone’s morale and productivity. It is completely worth a move if it helps your employees’ commute while making parking for everyone easier.
YOU NEED TO IMPRESS MORE CLIENT RE CLIENTS. FIRST IMPRESSIONS MATTER.
Having a meeting in a crowded, run-down, or unimpressive conference room doesn’t do much for prospective clients. You want clients to come into your office and have an amazing first impression. If your office looks out of date, it could hinder you. A clearly outdated office may lead clients to think you are behind the times. Now, they may find out you aren’t later, but that could be their first impression. Offices with modern features leave the opposite impression. Owning your space could impress clients as well. It signifies a successful business and one they could see themselves doing business with.
YOU AREN'T ATTRACTING NEW TALENT (OR RETAINING IT) AND Y G IT) AND YOUR SPACE HAS A LOT TO DO WITH IT O WITH IT.
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