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Real Estate


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November 16, 2009

Small firms find they can reduce office space

  • Improvements in technology have helped many kinds of businesses use less real estate.
    • By JOYCE M. ROSENBERG
    AP Business Writer

    NEW YORK — There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.

    Owners say they're saving money on real estate, office furniture and other expenses by letting employees work from home or by using independent contractors who don't work on-site. And those who have cut staffers obviously don't need to provide space for them.


     
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