| Cost Comparisons Need more data to help make up your mind? Use our Economics of an
Office below to convince yourself that you'll save over 70% of the cost of staffing and
managing your own office.
Startup
Costs |
| |
Executive
Quarters (150-square-foot private office) * |
Conventional
Office Space (700 square feet) |
| 1.5 month security deposit |
$1100 |
$1750 |
| Furniture |
$0 |
$2500 |
| Telephone line installation |
$0 |
$350 |
| Telephone equipment |
$0 |
$1000 |
| Telephone security deposit |
$0 |
$150 |
| T-1 |
$0 |
$1000 |
| TOTAL |
$1100 |
$6750 |
*Use of Reception Area, Conference Room, Kitchen,
Copier/Fax Room included.
Monthly Expenses |
| |
Executive Quarters |
Conventional Office
Space |
| Base rent |
$700 |
$1167 |
| Business line usage |
$25 |
$33 |
| Voice mail |
$30 |
$5 |
| Office equipment |
$0 |
$600 |
| Utilities |
$0 |
$87 |
| Coffee service |
$0 |
$75 |
| Secretary* |
$600 (if
used) |
$1600 |
| Receptionist |
$50 |
$1735 |
| T-1 |
$80 |
$550 |
| TOTAL |
$885 |
$4252 |
*Also, secretarial/admin services available at a fraction of the cost
of a full time employee
| Total Costs |
| |
Executive Quarters |
Conventional Office Space |
| Total startup costs |
$1100 |
$6750 |
| Total monthly expenses |
$885 |
$4252 |
| Total first year costs |
$11720 |
$57774 |
|
