COST COMPARISON
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Traditional Space vs. Executive Place, Inc.

Economics of Office Space


INITIAL INVESTMENT

TRADITIONAL OFFICE

EXECUTIVE PLACE

Legal, Architectural and Design Fees
Security Deposit
Telephone Equipment/Lines Installation
Leasehold Improvement
Furniture - Conf. Room, Reception Area, Kitchen
Carpets, Draperies, Accessories
TOTAL INITIAL INVESTMENT

$
$
$
$
$
$
$
5,000
  3,000
  1,000
  5,000
25,000
 5,000
44,000
$
$
$
$
$
$
$
none
 1,400
   150
none
none
 none
1,550
ANNUAL RENTAL:
Traditional Space:
RENT (1500 SQ FT @$18.5 SF)
(Assumes 500 sq. ft. usable office space)
Executive Place:
Rent (570 SF) Suite 97 (4 offices)
(Includes Cleaning, Utilities, Maintenance, Reception Area, 3 Conference Rooms, Kitchen, Fitness Center)(Excludes telephone and service fee)

$ 27,750 $ 16,900
ANNUAL EQUIPMENT COST:
Rental/Maintenance (copier, fax, postage equipment, printers, etc.)
Telephone/Voice Mail System - Lease, Maintenance and line charges (4 phones/5 lines)

$

$

$


12,000

6,500

46,250


$

$

$


none

3,700

20,600
PERSONNEL:
Assistant $ 25,000 $ 3,600 *
Receptionist $ 20,000 $ 1,000
Taxes, Benefits $ 11,000 $ none
$ 56,000 4,600
TOTAL COST OF RUNNING AN OFFICE ONE YEAR

$

102,250 $ 25,200

TOTAL CASH OUTLAY YEAR ONE

$

146,250

$

26,750

*Secretarial Service is Optional - this figure denotes average secretarial usage by Executive Place clients.

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Executive Place of the Commons Two Brentwood Commons, Suite 150 750 Old Hickory Boulevard Brentwood, TN 37027
Phone: (615) 371-6100 Fax: (615) 373-1582