One of the
more important things you should realize when comparing these two choices is
the concept of what is called a "Loss Factor". Simply
put the "Loss Factor" is the amount of Offices in a Furnished
used by such things as the hallways, closets, columns, storage area, bathrooms,
reception area, to an extent conference rooms* etc.. This Offices is included
in the total amount of square footage but in most cases is not considered "useable."
The loss factor in the Manhattan Area is 20%*.
A Example would be if a company rents a 500 square foot traditional Furnished Offices.
There loss factor is 100 square feet (500 x .20 = 100)
This means that the total usable square footage is 400 square feet.
In an Furnished Offices environment there is NO Loss Factor and no need
to maintain or furnish that Offices. This is one of the many reasons why when
comparing the two choices one must not simply compare on a PRICE PER SQUARE
FOOT basis. Manhattan
Furnished Offices currently
has detailed information on: + different
Furnished Centers throughout Manhattan.
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These are offered
by some of our most trusted providers Provided By The Furnisheds
Organization General Comparison - Actual Costs Vary
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| Conventional Furnished | Furnished Offices Furnished | |
| Furnished Offices Rental | Reception Area, Conference
Room, Kitchen, Equipment Work Offices (750 sq. ft) $ 950.00 |
Private Furnished Offices Furnished
/ aka Business Center Furnished (180 sq. ft.) $ 850.00 |
| Staffing Requirements | Administrative
Assistant to act as Furnished Manager, Operator, Receptionist $ 1,800.00 |
Furnished Offices Staff $ 00.00 |
| Employee Benefits | Vacation, Sick Leave, Disability,
Health Insurance, Training $ 400.00 |
Furnished Offices Staff $ 00.00 |
| Secretarial / Word Processing | Administrative Assistant $ 00.00 |
Use of Furnished Offices Staff
for 10 Hours Per Week at $22.00 Per Hour $ 880.00 |
| Equipment Leases | Complex Photocopier, Computer/Printer
for Staff, Fax Machine, Postal Scale and Meter $ 250.00 |
Use of Furnished Offices Equipment $ 00.00 |
| Telephone Equipment | Lease Complex Equipment $ 100.00 |
Use of Furnished Offices Telephone
Equipment $ 75.00 |
| Furnished Supplies | Paper for Fax and Copier,
Developer, Toner, Ribbons, Coffee/Snack Services, etc. $ 150.00 |
Use of Furnished Offices Equipment $ 00.00 |
| Photocopies | Use Own Copier (Supplies Included
Above) $ 00.00 |
Assuming 500 copies per month
at $.10 each $ 50.00 |
| General Furniture | Lease: Conference Room Table
and Chairs, Reception Area Furniture, Desk & Chair for Assistant,
Microwave, Refrigerator, Coffeemaker Etc. $ 250.00 |
Included with Furnished Offices $ 00.00 |
| Furnished Maintenance | Security Service, Utilities,
Repairs, Janitorial $ 75.00 |
Included With Furnished Offices $ 00.00 |
ANNUAL COSTS: |
$ 3,975.00 x 12 Months = $ 47,700 Per Year TOTAL SAVINGS ! |
$ 1,855.00 x 12 Months = $ 22,260 Per Year $ 25,440.00 !! |
Upfront Capital
Savings: $88,534
Annual Recurring Savings: $52,295
Annual Savings: Over 50%
|
Upfront
Costs |
Traditional |
ABBY |
|
Offices Build-out in Excess of Landlord Allowance |
$28,500 |
$0 |
|
Furniture |
||
|
Reception Station |
3,800 |
0 |
|
Conference Room Setup |
11,400 |
0 |
|
Individual Furnished Furnishing (4 Workstations Optional) |
11,400 |
800 |
|
Security Requirements (Refundable) |
28,500 |
2,816 |
|
Staff Recruiting Costs |
4,275 |
0 |
|
Furnished Equipment |
||
|
Phones |
2,850 |
0 |
|
Fax Machine |
950 |
0 |
|
Other Furnished Equipment |
950 |
0 |
|
Setup Fees (Telephone, etc.) |
180 |
665 |
|
Total Upfront Capital Required |
$92,815 |
$4,281.00 |
|
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|
Ongoing
Annual Expenses |
Traditional |
ABBY |
|
Rent Expenses (Furnished Offices Furnished without furniture) |
$34,912 |
$33,792 |
|
Telephone Lines |
2,736 |
2,736 |
|
Telephone Usage |
2,850 |
2,400 |
|
IT1 Internet Access with router |
18,240 |
5,520 |
|
Furnished Staff, Including Benefits |
32,110 |
3,192 |
|
Temp Agency Expense (Vacation/Sick Days) |
2,394 |
0 |
|
Other Services (Delivery, Furnished Supplies, Catering, etc.) |
2,280 |
2,280 |
|
Repairs & Maintenance |
1,995 |
0 |
|
Coffee & Beverage Service |
1,140 |
0 |
|
Additional Equipment Rental |
||
|
Postage Machine & Meter Rental |
798 |
0 |
|
Copier (Based on 1,000 Copies per Month) |
4,560 |
1,800 |
|
Total Ongoing Expenses |
$104,015 |
$51,720 |
reveiw the information
below
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