The term Satellite office can be defined as a small extension, branch or replica (by reason of operation) of an existing main office or headquarter of a company or business outlet.
In this article, we shall be discussing all you need to know about a satellite office, how it is designed to function and how to setup one for your company.
What is the purpose of a satellite office?
Many companies or businesses open a satellite office for the following reasons:
- To reach remote areas
- To expand business shares
- To positively influence employees lifestyle
- To dominate the market competition arena and make more profits
To reach remote areas
Some businesses or companies open a satellite office to be able to reach existing and potential customers in such areas to foster deeper relationships and in turn make more profits.
To expand business shares
In business, the need for high share purchases of an existing business is usually high at any given time. So, companies expand as wide as possible to cover the scopes they can by all sorts of influence.
To positively influence employees lifestyle
When new satellite office spaces are opened by companies, employees are equally promoted and transferred to head those new extensions of the main company. This in turn affects their lifestyle as they become more exposed to learning cultures especially within their area of residence and operation.
To dominate the market competition arena and make more profits
As the need for product or service increases within a location, the company in charge will usually expand as fast as possible by setting up extensions where they can easily reach out to their existing and potential customers before a competitor takes over in such areas with a rival product.
How to Setup a new satellite office
Here are tips you can apply in setting up a new satellite office for your business or company.
- You must consider the location to use
- Consider your employees
- Make work flexible
- Calculate the cost
- Consider the workforce you will need
You must consider the location to use
Before setting up a new extension of your business, do well to consider how favourable the new location will be to the business.
Consider your employees
Put into consideration your employees when trying to expand. Consider how it will affect their work speed and lifestyle as well before making a final decision.
Make work flexible
As you make arrangements for a new station, do well to make work more flexible so that adaptation can be easy for your employees in the new location. Being rigid will make things too tough and hence, hinder the speedy growth you desire.
Calculate the cost
Don’t make the mistake of trying to launch a new station for your business without counting the cost of running it. Sit down, take into consideration all the financial aspects of it and do the needful to get the expected results.
Consider the workforce you will need
After counting the cost of running a new station, go ahead and take into consideration the amount of workforce you will be needing for effective operation to avoid lapses at the workflow level.
