When you’re starting a new business, stocking your office with standard and specialized tools will keep your team organized, prepared and connected. It’s essential to plan carefully for your startup expenses and consider how different types of equipment, furniture and supplies will fit together in your inventory list.
Office furniture is a key component of your workspace, providing comfort and productivity for each employee. It’s important to consider a variety of factors, including ergonomic design and space planning to ensure your office chairs, conference tables and desks meet your company’s standards for functionality. You’ll also want to stock meeting spaces with conference tables and chairs, a director’s cabin and an executive chair, as well as storage units such as cabinets and shelving.
While most companies define office equipment as any technology that uses software, machines or other materials to perform work tasks, many use the term more broadly to include furniture such as cubicles and other storage systems. Unlike office supplies, these types of assets are considered depreciable over several years and can be reported on your balance sheet. You’ll also want to include waiting areas, like a rec lounge or reception area, and provide your team members with a comfortable place to relax between meetings.