Does your present portfolio of occupied accommodation have a positive or negative impact on the day to day activities of your business? It can often be the case that businesses continue to occupy and operate out of facilities long after those facilities have served their useful purpose.
Technological change, production developments, businesses processes and changed working practices can often leave the bricks and mortar way behind in terms of usefulness to the business. But it’s not always easy to make the change and relocate. There are many considerations; some more tangible than others and not all business owners are able to face up to them. It could be that the lease still has time to run, or the Company has a long standing history at the location and it is loath to break that link. Remodelling and reworking of the workspace may be a possibility, but what if the amount of space or its geographical location is unsuitable?
Core business activity is the key, after all, the real estate is only there to serve the business purpose, so the questions to ask revolve around the key drivers and performance indicators in the business and their ability to be achieved. Assessment and analysis of the built environment together with the business plan and programme will help determine whether your facilities are supporting your business or the other way round.
James Alexander Consultants are expert in assessing your portfolio and, with you, determining a strategy to develop the correct balance of assets, their relevance and performance for you. We develop, plan and implement the strategy, leaving you to focus on core activity and opportunity.
eMail us on innovation@jaltd.co.uk or see our contact page for our numbers. We look forward to speaking with you.
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