10 Ways to Know Leasing a Modular Office Makes Sense for Your Business
You are good at running your business and maybe looking to add space due to rapid business growth, but it is possible you do not necessarily know the best way to get the space you need. This post will help clarify when temporary modular office buildings are extremely useful for a business and what things they can help your business accomplish. It will also demonstrate how the benefits of portable modular offices can complement and support the ongoing development of your business.
1. More office space is needed quickly
Already built before they are delivered to your site, modular offices drastically shorten your construction schedule. A temporary modular office building could have you up and running in as little as a month or two.
2. Ongoing business operations cannot be disrupted
Construction traffic is limited at your facility because the modular office building is up to 90% complete when it is delivered. Foundation installation, site preparation, and any excavation would be drastically less than that which would be required to build a permanent structure.
3. You lease the property but need to add more space
Making a capital improvement to a property that your business does not own is not a desirable approach to build more space. Alternatively, a modular office for lease helps you get more office space without building a permanent structure on someone else’s property.
4. A remote facility location means reputable contractors, materials, and skilled labor is scarce
A unique characteristic of off-site built temporary modular office buildings is that they can be transported for long distances to almost anywhere for installation. This means that your building can be built, in a factory situated where there is plenty of skilled labor and easy access materials, and then be delivered to your remote facility location.
5. The building space will only be needed on a temporary basis
Relocatable modular office buildings supply the temporary space necessary to house employees or subcontractors on-site during a specific project and can be removed when the project is complete. Examples of this would be when you are going through a building renovation or doing a large scale construction project.
6. Relocation of the building may be needed in the future
A business with multiple facilities may have fluctuating office space needs. You do not need to construct a new building at each facility to handle these fluctuations. The distinct structural design and installation process of a relocatable modular office building creates remarkable flexibility for easy delivery, installation, and relocation multiple times.
7. You want to limit capital expenses and balance cash flow
Leasing a modular office means you only have to make affordable monthly payments to have use of the office space, rather than having to establish financing or layout a large sum of cash to buy a building. Leasing office space is not necessarily special, but leasing office space that is brought to your facility is definitely unique to temporary modular buildings.
8. Building ownership is not desired
There are many reasons organizations prefer to lease temporary modular office buildings rather own modular building space, which may include: tax ramifications, maintenance concerns, a fixed location commitment, depreciation factors, use of capital funds, and a desire to minimize long-term credit commitments.
9. It is not feasible to move your business to a new location with more space
Relocating a business for more space is not cost-effective or an efficient use of resources when it can be avoided. A modular building for lease brings the office space to your current facility so your business can continue operating without disruption.
10. You want space that can be scaled with your business
Temporary modular office buildings for lease come in all sizes. Starting out, a small modular office may only be needed, but as your business needs change and operations expand a new larger relocatable office building can be delivered and installed to replace the original office. There also are certain office buildings for lease that are specially designed to expand by having sections added in the middle without having to bring in a whole new building.
If you answered ‘yes’ to most of the items in this list, it is very likely that leasing a temporary modular office building will make sense for your business.
Request A Quote to be contacted by one of our highly experienced representatives who will discuss with you the particular needs of your business and provide you with information about how much a modular office building lease costs.