Before you can answer this question, you need to have a complete understanding of your real estate positions. These include future obligations and opportunities, audits and forecasting of operational and capital expenses, continued insights into market conditions and trends, and perhaps most importantly, how all these attributes interact and affect overall business goals.

There’s no easy answer to this question because there are so many variables you need to consider. BellCornerstone’s expertise can help you make the most informed decision possible.

All businesses can benefit from strategically looking at their space utilization to determine if there is a need to expand or downsize. BellCornerstone can help you strategically evaluate your space and how it fits your business.

Auditing your leases will help identify if there are overcharges or any ways your company could be saving money.

You may have overlooked details in your lease or not realized what you’d be paying in fees over time. An operating expense audit can help determine if you are paying what you should be.

BellCornerstone can help with your lease administration by keeping track of upcoming renewals and exercising options, managing operating expenses, and updating lease data.

Again, there is no one-size-fits-all approach. What works for another business might not work for you. However, a business with streamlined operating expenses is in better shape to push for improved margins. Let BellCornerstone help you understand where you can improve efficiency and streamline your operating expenses.