It’s Cheaper To Fly To San Francisco To Do Business Than To Have An Office There
Just when you think you’ve heard it all you haven’t.
Believe it or not doing business out of an office in San Francisco is more expensive than having an office in Houston and flying to San Fran to conduct your business.
That’s exactly what a Houston law firm discovered when they were considering opening an office in San Francisco.
Previously they had met with clients by closed circuit TV but clients wanted face-to-face contact, so the firm ran the costs.
San Francisco vs. Houston
They discovered that the cost of an apartment for an employee in SF is an astonishing $4,400 a month, and the median price for a home borders $1.2 million.
That’s a lot more expensive than Houston. The median rent for an apartment in Houston is just $1,500, The median price for a home is $324,900.
Not only would the office space price be prohibitive, but the cost of billable hours would have to be much higher to justify all the expenses connected to an office and employee payroll.
By commuting using their own private jet they avoid ticket lines, security screenings, and layovers.
Plus, since they can work on the plane trip for their clients flying hours are billable hours which would still be less than the cost of a local SF firm.
Some Final Thoughts
In today’s electronic climate there is no end to the opportunities to do business almost anywhere in the world.
Businesses are always looking for ways to reduce costs and expenses while increasing their value to their customers.