When it comes to office fit outs, each company has a unique brief with a list of requirements they want to achieve. Some want to create the perfect “destination” office with top notch amenities and stunning design features. Others simply want a functional, no-frills space that they can move into and get down to business.
While each project is different, every company wants to ensure they’re making the most of their available budget. This means balancing vision and expectations with the available funds to create a space that supports ROI.
With this in mind, the aim of this article is to ensure you get as much value out of your office fit out as possible. Whatever your objectives, we’ll dive into ways you can maximise your budget and get the perfect setup for your needs and goals.
So, here are 10 ways to maximise your office fit out budget:
A recent article by JLL, the firm’s Head of Commercial Ops Romeu Carpinteiro gave insight into how companies are addressing rising office fit out costs. One key takeaway is that many are embracing a multifunctional office design, as Carpinteiro explains: “Rather than how many desks we can fit in, we’re looking at how many types of experience we can fit in.”
This approach squeezes the most out of the available space and represents a shift from quantity to multifunctional quality. As such, it is ideal for those looking to accommodate a flexible working model, which doesn’t rely so heavily on a departmental setup with banks of desks for teams.
However, even if you’re working with a traditional layout, it’s still good to consider multifunctional options, as our designer Alice explains:
Following on from point one, Carpinteiro says that modular and mobile furniture solutions are a key part of flexible office design. As he explains, this is because they allow for “changes in the workspace from one day to the next, morning to afternoon.”
Indeed, modular furniture is made up of different elements, meaning it can be easily rearranged or combined to create various configurations. Similarly, mobile furniture can create ad-hoc work settings when required, helping to create a more agile environment.
Here are some examples:
In addition to these examples, make sure you check out the modular bleacher seating at our Ward Security project. The unit can be disassembled and reconfigured according to their needs or to accommodate other social events.
Office fit outs can be a significant investment, especially when there is extensive work involved to achieve your vision. However, with flexible finance options available, you can spread the cost over time and create the perfect workspace for your business.
Here are some of the benefits:
Want to learn more about fit out finance? Make sure you check out our recent article: 6 Benefits of Office Fit Out Finance.
If you’re using an office fit out contractor for your project, you can work with its design team to refine your specification for maximum ROI. Good companies will help you to make the most of your budget by exploring alternative materials, finishes, furniture, and ideas.
Here are some tips from our designers:
Good interior designers will also have a robust supply network and extensive product knowledge to help you balance your vision and budget. It may be the case that you can compromise on some aspects without sacrificing quality, so let the office designers guide you
Setting a budget is important because it ensures the options and solutions proposed are within your means. But how do you set a suitable budget?
Here are some tips:
Additionally, some companies like to set aside a buffer when budgeting for an office fit out. Allocating a percentage of the budget can cover potential changes in scope, so this is worth considering.
Before putting together a budget, we recommend identifying your key objectives. For example, these could be improved aesthetics, increased occupancy, or a smoother workflow.
Companies often refine their objectives by conducting a needs assessment. Here are some common assessment methods:
You don’t want to waste money on things you don’t need, so doing the groundwork is a crucial part of the budgeting process. This will give you direction and confidence when it comes to the office design stage.
Related content: CAT A vs CAT B Office Fit Out – What’s the Difference?
If you don’t have the budget to achieve your fit out vision right now, you can also conduct the work in phases. This could mean prioritising the necessities and adding new elements to your space later down the line.
Similarly, we helped World of Books to refurbish its office in Sussex by carrying out the work in phases. This strategy meant the World of Books could budget for essential works first before finishing the rest when more funds became available.
Take a look at the World of Books project here.
Beyond budget management, you should consider how your office will generate ROI in the long term. In the aforementioned JLL article, the firm’s Senior Director of Execution Andrew Hudson says, “listening to employees and making tweaks over time is how to keep getting value from your fit out.”
In addition to getting feedback on the new office design, consider introducing occupancy sensors to assess workplace activity and energy use. As Romeu Carpinteiro points out, this can “help to reduce overall operating costs and provides hard metrics on post fit out ROI.”
As covered in our recent article, desk monitoring systems can help businesses to track workplace performance. The technology will notify the business when occupancy reaches a certain low, alerting them to take action and prevent unnecessary energy usage.
Related content: Desk Monitoring – an Office Design Game Changer
As we’ve touched upon, you should think about the performance of your office space over the long term. That means taking into account the ROI of your fit out when budgeting.
Here are some key considerations to maximise your budget:
• Buy quality furniture – Buying quality furniture ensures longevity and reduces the chance of spending more later to replace or renew items. Look for products with longer warranties (five years or more is ideal), as this indicates confidence in the product’s longevity.
• Reduce operational costs – When identifying ways to reduce operational costs, making your space more energy efficient is a good start. While this can be as simple as reducing touchpoints like light switches and replacing them with motion sensor products.
• Consider wellbeing – The UK loses billions each year due to poor employee health, so consider workplace elements that improve wellbeing and increase presenteeism. This can include ergonomic furniture, spaces for morale-boosting team gatherings, breakout spaces so employees can step away from their desks, and modern HVAC systems for improved air quality.
• Rent out desk space – If you’ve got some leftover desk space, why not make use of it by renting it out? These days, many businesses rent out space to freelancers by advertising on sites like Hubble HQ.
These are just some of the ways to ensure you get a good return on your investment. For more ideas, take a look at our recent articles: 7 Office Design Ideas to Maximise ROI.
A minimalist approach is a smart choice for budget-conscious businesses. By prioritising functionality over excess, you can create an inviting office environment while saving money for other important investments.
For an impactful yet minimalist office, go for a clean, bright, and uncluttered design. This means going for neutral colours like white and light grey, maximising exposure to natural sunlight with glass partitions, and shared desk solutions with privacy panels.
Scandinavian design is a perfect example of how less can be more. With its focus on natural materials and clean lines, it creates a peaceful and inviting environment. What’s more, you can achieve this look without spending a fortune!
Check out Vestey’s minimalist, Scandinavian-inspired design here.
An office fit out represents a considerable investment, so it’s important to have a clear budget and design plan in place from the start. By taking on board the tips here, you will make the most of your capital and create a working environment that lends itself to business growth.
And if you’re still not sure about the best way to maximise your budget, you can always ask your office designers. Ultimately, consulting the advice of experts is the best way to get the most out of your budget, so don’t hold back with questions when collaborating with your chosen contractor!
If you’re looking for an experienced office fit out company that can maximise your budget, then Rap Interiors can help. With 30+ years’ experience and a knowledgeable design team, we can provide expert advice that will ensure a budget-friendly transformation.
Whether you want to create a high-end working environment or just need a simple setup for your business, you can rest assured your budget is in safe hands with us.
To book a consultation, call 0333 600 1234 or fill out the enquiry form below.