Cutting the Burn

Obviously we’re going into a recession and companies need to spend less to stay alive. One of the biggest costs is office space and many companies end up with more of it than they need, especially after layoffs. However, many companies fail to utilize their space effectively during tough times, often being stuck in a lease that leaves them with more space than they need. Since the space if often already equipped, often in the form of empty desks, sub-leasing to other small companies, start-ups or solo professionals, all of which are also trying to bring down their costs. is a win-win situation. Ten desks in an office in downtown San Francisco can bring in between $3000 and $4000 per month, on average.

But that’s not it, there are also has another advantage. Empty desks are a real moral killer, as anyone in this situation can attest to. Having people who are committed to their own businesses filling that space helps being energy back into the office. Finding companies, or individuals, with complementary experience also, obviously, benefits both sides.

As budgets get tighter it’s the smart choice to make, and 11squarefeet.com makes it easier to do with its focus on this exact situation.

Tags: burn reduction, sub-leasing