The Business Centre Advantage
With none of the upfront capital investments and multiple supplier negotiations associated with setting up a typical office lease, First Richmond Professional Centre saves you time and money with turnkey office solutions. One call gives you access to the resources of a large company.
And because client satisfaction and loyalty is of paramount importance, we are continually innovating and improving, offering convenience, business efficiencies and cost reductions.
Monthly Cost Comparison
Conventional Office Space v.s. First Richmond Professional Centre
| FIRST RICHMOND PROFESSIONAL CENTRE |
ON YOUR OWN |
|
| UPFRONT CAPITAL INVESTMENT | ||
| Legal | included | $ 2,000 |
| Architect | included |
2,000 |
| Interior Designer | included |
2,000 |
| Leasehold Improvements | included |
|
| Furniture | included |
10,000 |
|
||
| Security | included |
1,000 |
| Photocopier | included |
2,000 |
| Fax Machine | included |
500 |
| Telephone Equipment | included |
3,000 |
| Reception Computer | included |
& 1,000 |
| Refrigerator | included |
900 |
| Microwave | included |
300 |
| Water Cooler | included |
150 |
| TOTAL UPFRONT CAPITAL INVESTMENT | $ NIL |
$ 24,850 |
|---|---|---|
| MONTHLY EXPENSES (OVERHEAD) | ||
| Office rent, property taxes and fees | $ 900 |
$ 1,500 |
| Utilities | included |
500 |
| Receptionist and benefits | included |
3,000 |
| Temp agency expenses (vacation/sick days) | included | |
| Repairs and maintenances | included |
100 |
| Coffee, teas and spring water | included |
150 |
| Postage machine and meter rental | included |
50 |
| Photocopier maintenance and supplies | included | 50 |
| Security monitoring | included |
40 |
| Parking | included |
80 |
| TOTAL MONTHLY EXPENSES | $ 975 |
$ 5,970 |
| PAY AS YOU USE | ||
| Telephone lines | as used |
$ |
| Long distance | calls as used |
|
| Photocopies | as used |
|
| Fax | as used |
|
| Secretarial/Wordprocessing | as used |
|
| Postage | as used |
|
| Internet service | as used |
|
| TOTAL | $ |
$ |
| These figures are provided for illustrative purposes. Office costs could start as low as $900 per month. |
Note: This comparison does not reflect any deposits or down payments on capital items (such as telephone system, furniture and equipment leases or utility and telephone service) needed to set-up a conventional office. It also does not reflect the time and dollar costs of managing the staff on a day-to-day basis, nor the cost of replacing the staff during absences. In addition, conventional leases usually require a minimum of three year term and may require leasehold improvements.
