In recent years most small and medium sized companies have made steps to reduce their overheads. The number of staff may have been reduced and IT/Telecoms/Photocopier contracts may have been renegotiated but many haven’t considered the amount of savings that could be made from their existing business premises.Property costs is usually among the top three corporate costs, and forms a large proportion of a company's net asset value, this was thought to be particularly surprising.
After all, we are in an economic environment where most businesses leave no stone unturned in their efforts to improve profitability.
