Is your small business still using office furniture from the day the company launched? If so, your employees might be dealing with outdated furniture that isn't doing anything to improve your workspace. Yes, new furniture will cost money, but there are a number of benefits that new office furniture can provide that might actually improve your bottom line in the long run.
1. Improve Office Morale
If your employees seem down lately, you might be thinking of ways to give company morale a boost. One way to do so would be to give every employee a small amount of money from the company budget that they can use to improve their workspace. It's amazing what something as simple as a new desk or chair can do for an employee. If you allow your employees to be part of the purchasing decision, they'll feel like they own part of the office and might just start taking a little extra pride in their job again.
2. Give the Right Impression to Clients
If you frequently see clients within the confines of your office, you are sending a message about what kind of company you run as soon as they walk in the door. If your potential clients see a rundown office with lots of outdated or damaged furniture, they might get the wrong impression about your company. You don't have to look like you have a million dollar budget for the office, but at least make all of your furniture presentable and professional.
3. It Might Actually Save You Money
Did you know that office furniture can actually be tax deductible for some small businesses? The exact rules and the amount of money you can might vary, so contact the IRS or your accountant to get the most up to date information, but the point is, this might not actually be as expensive as you think it will be if you can deduct it on next year's tax return as a legitimate business expense. You may even be able to continue deducting a bit of money on your taxes in years to come if your accountant factors furniture depreciation into your return.
If you haven't yet headed down to your local Knoll furniture dealer to discuss refreshing your office, there's no time like the present. New office furniture can improve employee morale, put the best foot forward when new clients come to the office, and it might even be less expensive than you think once tax time rolls around.