Accommodation is physical facility for an office. It is the building in which the office is housed. It is the space for carrying out office activities. Proper office accommodation is essential for smooth flow of work. Bad location creates inefficiency, inconvenience and waste of time and resources.Office accommodation decision involves selection of location and selection of building.
Location is the site where office building is situated. An office generally stays in one location for a number of years. It is expensive to move to new locations. The location can be in city area or urban location and suburban location.
The office building should be carefully selected. Three choices are available for selection of office building.
a. Construct new building
1. Selection of office location
Location is the site where office building is situated. An office generally stays in one location for a number of years. It is expensive to move to new locations. The location can be in city area or urban location and suburban location.
2. Selection of office building
The office building should be carefully selected. Three choices are available for selection of office building.
a. Construct new building
It involves high investment in construction. It is also time consuming.
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b. Purchase existing building
It involves high initial investment. Renovation costs can be also high. But time is saved.
c. Rent a building
The building space is rented. The agreement can be yearly or for longer periods. No initial investment is required.
