Cost Comparison with conventional offices
Save $50,000 a year with Griffin Centre
Here is how to save about $25,000 up front in capital costs and at least $50,000 per year – every year. Griffin Centre can provide you with a fully furnished executive office, with administrative support for less than $1,000 per month. There is no capital outlay, no staff commitment. Offices are ready for immediate occupancy, with no long term lease requirement.
At Griffin Centre your needs are completely scalable. Need more space? Add an extra office for as long as you need it or scale back to accommodate your changing business needs.
An extrapolation of the cost of operating your office
| Requirement | Commitment | Est. Yearly Cost |
| Lease | Min. 3 years 500 s/f 1 office & reception |
Gross rent $14,000 |
| Lease hold improvements | $12,500 | |
| Staff | ||
| 1 Administrative Position | $32, 000 | |
| UIC, CPP, Workers Comp., Vacation and benefits | $4,800 | |
| Training, Sickness, Slack Schedule, Vacations, Overtime Wages, Remittance Requirements | $3,000 | |
| Operating Costs | ||
| Building lease, Insurance Requirements, Coffee, etc... | $1,800 | |
| Furniture and Equipment | ||
| Telephone, Equipment, Receptionist Station, Executive Office, Fax, Photocopier, Postage Meter, Kitchen, PC and Software, Video Equipment. Cost estimates are based on a 3 year lease commitment. | $12,000 | |
| Total Costs for One Year | $68,000 |