Do you have an empty office cubicle just sitting there gathering dust? You may be a one person operation or a business which has several employees but an empty space is not generating any income and actually is costing you money. You still have to pay rent for it. It has heating and electricity costs tied to it as well. And let’s not forget the most important aspect: it’s gathering dust and therefore, must be cleaned with the rest of the cubicles.
Put that empty cubicle to work and outsource it. Outsourcing is the big thing for businesses that don’t want to pay a regular office staff for the work that they can get done for a fraction of the cost. For example, you are in need of more business but don’t want to pay a staff to complete your telemarketing tasks. You still need the services of telemarketers, however, to build your business. Business savvy people hire a telemarketing company to get the job done. They pay for the company and the company has the responsibility of paying the salaries, insurance, and other benefits.
Let your empty cubicle pay for itself by paying someone outside the regular staff to do your payroll or some non-essential service that does not require the input of permanent staff. You pay them to use the cubicle on a per-needed basis, or you could rent the cubicle to an independent contractor who will give you a reduction for their services when needed. Meantime, while they are renting your cubicle space, they are free to attract their own clientele.
In my community there is a small real estate brokerage which does much the same thing. There was an empty cubicle and the owner decided to get more mileage out of it by renting it to a one-person accounting firm. The arrangement works well because the accountant doesn’t have much overhead and very little equipment. Basically in today’s computerized world, his laptop and his smartphone are a perfect fit, particularly during tax season when everyone wants an electronic return. The arrangement is also ideal because both companies refer clients to the other.