One of the most expensive costs of operating and maintaining a business is often the expense of renting or purchasing office space.
According to a survey by Pricenomics, the median cost of rent for a startup business is about $6100 per month. That’s a little over $73,000 dollars a year.
For many companies, especially those just starting out, committing to annual rent payments equaling $73,000 or more, is not reasonable. Even if you can afford to pay, it may not be the wisest use of company funds.
Mobile office trailers provide a cost-efficient solution for business owners who need the space but would prefer to not spend a fortune.
Others choose a mobile office so that they have more control over the location of their business headquarters.
Whatever your reasons might be, you can find out more about the cost of mobile office trailers here!
Your Price Guide to Mobile Office Trailers
Savvy business owners are always on the watch for ways to cut operating costs and save their company money. And, if they can figure out a way to do that without having to make substantial sacrifices, then it’s likely to be considered a no-brainer.
For many entrepreneurs, portable office trailers are just that.
They tend to offer more space, and potentially more amenities and comfort, yet a mobile office can carve thousands off of a company’s annual budget.
When considering the cost of space in a highly-sought area or downtown skyscraper, it’s easy to see the savings you might acquire.
To find out exactly how much you might save by converting your office space to a mobile office trailer, you will need to factor in a few determinants. These include the square footage needed, along with the make and model of the trailer, and your desired location. The exact amount of savings will depend on how these relate to your specific set of circumstances, but most business owners will find that they can potentially reap hefty savings.
If you’re considering saving money with an office trailer, our guide can help you make a decision about whether or not it’s right for you.
How Much Does it Cost to Rent a Mobile Office Trailer?
When renting a mobile trailer for your business, you first need to consider how much it will cost to rent the trailer itself. This will depend on a few factors, but essentially they are comparable across the board.
According to priceithere.com, here are a few calculations based on the average cost of each:
- $150 to $400 is the average cost to lease a mobile office
- 8′ x 20′ mobile offices’ average rental cost is around $160 a month
- 10′ x 40′ job site trailers rent at an average of around $230 a month
- 12′ x 60′ mobile office trailers average a rental cost of $395 a month
.Although the prices above may vary somewhat, you can expect to pay between $150 dollars to $395 dollars per month for the unit itself. The rental company will be able to provide specific additional info regarding the cost of the unit.
Already, you can assume that the total amount for your trailer and land will likely save you tens of thousands of dollars a year when compared to the rent you would pay for a typical office.
Renting Versus Buying
Many people wonder if renting a trailer is more economical than purchasing a trailer outright. Perhaps, this differs from most investments. But, renting allows you to afford a newer model for a cut-rate price.
Since trailers tend to depreciate in value, much like automobiles, it’s not always a wise investment to purchase one rather than to rent. Another consideration that typically plays a role in real estate is the property’s location. With trailers, the land isn’t necessarily included in the resale price, which tends to impact the significant reduction in cost as well.
In practically all cases, it makes more sense to rent a trailer that’s used as office space, rather than to buy. However, there may be some extenuating circumstance that influences your decision, which is not included here. In that case, you might be persuaded to think differently, which may best in your situation. Only you can determine what is ultimately the most cost-effective solution for you.
How Your Business’s Location Impacts Your Overall Cost
There is a chance that the cost of the land will be equal to or greater than the cost you are paying for the mobile office unit. This largely depends on property values in your desired area.
For some, a mobile office trailer allows them to operate their business in a lower priced area of town, which reduces their costs even more.
For others, the cost of land may be an unavoidable expense that’s necessary in order to cater to the consumer market. But, you might still experience a drastic reduction by choosing land that is not that of prime commercial property, or if you can locate in an area that’s likely to go unused, instead of adjacent to other retailers and businesses.
Find Out More Ways to Save Money on Your Office Space!
If mobile office trailers aren’t what you are looking for, there are additional ideas that may be able to help you cut business costs.
Sometimes your home or office design impacts your costs in a way that you may not have ever considered before.
Many of today’s technological advances in home and office construction can help save you money no matter where you live or work.
Check out this post for one of the most surprising ways to save money on your home or office today!