Companies are always trying to find new ways to be smart about the liability of workspace, and increasingly traditional leasing options are becoming a hassle of the past. Shared office space may have been taboo a decade ago, but in recent years collaborative workspace has become the hallmark of savvy startups thanks to noncommittal terms and a number of added perks.
Is your business thinking about adding a few new employees in 2019? Do you have the space on-hand to help them feel settled and welcomed in a new office environment? With AdvantEdge Workspaces there is no need to worry about expanding to accommodate more employees!
AdvantEdge Business Centers, a leader in the Washington, D.C. executive office suites and shared office space industry for over 27 years, is excited to announce its second expansion at 2101 L St. NW within a 3-month period.
On the heels of a 23,000 sq. ft. expansion in May of 2016, Founder and CEO Prakash Gavri, has continued the growth streak at 2101 L St. NW by adding an additional 5,000 sq. ft. of office space. This latest addition will bring Gavri’s holdings to an impressive 78,000 sq. ft. at the 21st and L Street center.
So you’ve done it: you started your own business. You’ve taken the leap. The next steps can be as exciting as they are terrifying but now that your organization has taken off, it and you will need to adapt on the fly. The name of the game is efficiency and that means spending money on the things you need and saving on the things you don’t. Young companies, in their eagerness to get to work, too often fall into traditional models of doing business which can trap capital, stifle growth and leave employees ill-equipped to do their job.
We are thrilled to announce that the expansion of our Downtown (L Street) location is officially complete! Along with this expansion, AdvantEdge has ended operations at our flagship West End location after nearly three decades of business. However, the majority of our West End clients relocated to our expanded Downtown center, and we are excited to open new doors as this one closes. Our newest suite has been freshly refurbished, tastefully decorated and totally supplied with the latest and greatest executive accommodations.
The Road to Expansion
Every startup dreams of the day when having too little space for staff floats to the top of their list of concerns, and in an executive suite, that issue can be addressed as readily as it comes up. Growth is not always even or according to plan, and with a standard lease in your own space, you can often run out of room before you expect, or be left holding too much liability for your bottom line to handle. A business center can give you the perks of your own space while still giving you the flexibility you need to grow in an instant.
In the current business climate small companies must think big in order to survive. One of the most ambitious tasks for any small business to undertake is establishing an international presence. Many American companies are finding success overseas without diminishing their holdings at home. Broadband and wireless technology advancements have made reaching beyond borders easier than ever, but there are a few simple ways to help ensure your international advancements are worthwhile ones.