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| | | |  I have received more compliments from my clients, regarding my office here at Byron Office Space Solutions, than I ever did at my four (4) previous locations.” -John Proia, Financial Advisor, Ameriprise Financial Services
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| B.O.S.S. Executive Suites vs Our Competitors | |
| Byron Office Space Solutions vs. Any Other Competitor: The Byron Office Space Solutions (B.O.S.S.) personnel have been operating executive suites for over a combined 46 years. During those years we have learned that clients often sign agreements with our competitors under the mistaken belief that their up-front costs and monthly expenses are a certain amount. Regrettably, they discover that the actual amounts are hidden in the confusing language of their agreements, including in the attachments some labeled as rules, with terms such as "exit fees charges." At B.O.S.S. you will never have a hidden cost! B.O.S.S. has provided below two worksheets for you to compare and calculate the reoccurring Monthly Expenses and the Start-Up Cost between Conventional Office Space, our Competitors, The B.O.S.S. Solution, and any other Competitor of your choice:
Comparison of Monthly Expenses
|
Monthly Fees |
Conventional
Office Space
Note (1) |
International
Competitor
Single Office
Note (2) |
Regional
Competitor Single Office
Note (3) |
The B.O.S.S.
Solution
Note (4) |
Base Monthly Rent |
$ 1,125 |
$ 798 |
$ 795 |
$ 775 |
Utility Charges |
Included |
Included |
Included |
Included |
CAM Charges |
Included |
Included |
Included |
Included |
Janitorial Service |
Included |
Included |
Included |
Included |
Receptionist Charge
Note (5) (6) |
$ 2,083 |
Included |
Included |
Included |
Vacation/Sick Pay |
$ 160 |
Included |
Included |
Included |
Bundle Package
(Telephone & Internet Service)
Note (5) (6) |
$ 425 |
$ 199 |
$ 250 |
$ 195 |
Office Handset
(Telephone System) |
$ 300 |
$ 99 |
$ 100 |
Included with Bundle Package |
Personalized Telephone Answering |
Included |
$50 |
$ 60 |
$ 50 |
Call Screening (Per Person) |
Included |
$ 75 |
$ 55 |
$ 40 |
Call Patching/Tracking
(Per Person) |
Included |
$ 25 |
$ 25 |
$ 25 |
Unlimited Domestic Long Distance (Per Line) |
Included |
$49 |
$ 55 |
$ 50 |
Furniture Rental |
Included |
Included |
Included |
$ 95 |
TV/Cable (If available at location) |
$ 150 |
Unknown |
Unknown |
$ 50 |
Conference & Meeting Room Package (8 Hours) |
Not Available |
$ 274 |
$ 240 |
$ 100 |
Coffee & Water Service |
$ 50 |
$ 30 |
Included |
Included |
Exit Fees |
Unknown |
$ 21 |
Unknown |
None |
Business Continuation Fees |
Unknown |
$50 |
Unknown |
None |
Total Monthly Expense |
$4,293 |
$ 1,670 |
$ 1,580 |
$1,380 |
Comparison Start – Up Cost
|
Start – Up Costs |
Conventional
Office Space
Note (6) (7) |
International
Competitor
Single Office
Note (2) |
Regional
Competitor Single Office
Note (3) |
The B.O.S.S. Solution
Note (4) |
Office Furniture |
$ 3,650 |
Included |
Included |
$ 95 |
Reception/Lobby Furniture |
$ 4,250 |
Included |
Included |
Included |
Conference Room Furniture |
$ 4,150 |
Included |
Included |
Included |
Telephone Equipment |
$ 1,125 |
Included |
Included |
Included |
Copy / Fax / Printer |
$ 750 |
Included |
Included |
Included |
Tenant Improvements |
$ 3,000 |
Included |
Included |
Included |
Staff Recruiting Fees |
$ 4,800 |
Included |
Included |
Included |
Deposit/Retainers |
$ 1,125 |
$ 1,400 |
$ 1307 |
$ 1,145 |
Setup Fee |
Unknown |
$ 75 |
$ 429 |
$ 75 |
Connectivity Fee |
Unknown |
$ 274 |
$225 |
$ 175 |
Security Card Deposit |
Unknown |
Unknown |
Unknown |
$ 25 |
Misc. Equip (coffee maker, etc.) |
$ 400 |
Included |
Included |
Included |
Other |
Unknown |
Unknown |
Unknown |
Included |
Total Start-Up Cost |
$ 23,250 |
$ 1,749 |
$ 1,961 |
$ 1,515 |
Notes:
- 741 Sq. Ft. is the estimated square footage needed to equate to a client in a typical executive suite facility.
- Estimated based upon 12-month term, 125 Sq. Ft. office, and $2.00 per Sq. Ft. Exit Fees.Proposal date on 2/16/2011.
- Estimated based upon 12-month term, 1 person office.
- Based on an average of charges at all three B.O.S.S. locations.Estimated based upon 12-month term, 1 person office.
- Utilizing at a minimum a T-1 line for Broadband Width and telephone services, as well and using an average cost of a receptionist.
- B.O.S.S. provides personal as well as receptionist/answering services and a telecommunication package for one price.
- Start-Up Cost for Conventional Office Space is calculated at the prevailing usage and expenses in the North Carolina areas.
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