PR firms sublet Office Space to boost sales
PR firms that are suffering in the current recession may have a glint of light at the end of the tunnel. If you have been shedding staff and now have empty office space. you could use this area to expand your current service offering. Instead of allowing the area to cost you company money in terms of unused office space, why not sublet it out to a like-minded company that will enhance your offering to clients. By allowing other companies to come into your workspace, you open up lots of new business opportunities. For example, you could let space to company’s that have clients themselves but do not offer PR services.
The key is to be very picky about who you offer space to. Don’t opt for the tenant that is making the highest offer, instead opt for the tenant that will bring to most tangible benefits to your company and enhance your service offering. An example would be to rent space to an advertising agency. These are the sort of companies that PR firms will be able to link up with a possible work together on. Not only will you be reducing the financial burden of the unused office space, you will be hugely benefitting yourselves and your clients by massively increasing the portfolio of services.