Downtown Toronto Office Space for Less Than the suburbs

By Office Space TorontoIn standard15th August, 2012

The common misconception to small business owners and entrepreneurs is that they can get cheap office space Toronto if they go out to the suburbs. This can be true for large businesses that require large office space for hundreds of employees, but it is often not the case for smaller companies.

Larger companies requiring large amounts of cheap office space are looking for a deal based on the amount of square footage they can squeeze as many employees into as they can. They want be able to maximize how they use their office space Toronto by using cubicles and temporary walls for flexibility. The savings they make on office space is often used to cover the overhead costs for boardrooms, meeting rooms and kitchen facilities.

Smaller companies may also be able to find cheap Toronto office space in the suburbs, but they will find that the overhead costs will end up eat away at the cost savings. The other thing that will eat away at the cost savings of being in the suburbs are things like traveling to see downtown customers and the cost of parking once downtown. Due to the economy of scale, a small business that requires a dedicated meeting room from time to time, will find themselves paying for space that is not being used all the time.

Small businesses that deal with companies who are primarily located in downtown Toronto can save a lot of money by having their downtown office space for rent at a business centre. When a small business or entrepreneur has office space for rent Toronto at Telsec, they will find the rents to be very competitive. More importantly, they will save money on transportation and parking costs by being downtown and able to walk or take inexpensive public transit to client’s offices. They will also save money by not having to pay for overhead space that they do not use all the time.

Other ways that a business can save by having a downtown Toronto office space at a business centre like Telsec is to not have the capital costs of leasing or purchasing office equipment. They can pay for what they use and not the overhead cost of having equipment that is not always in use.