End of Financial Year Facilities Management: How to Use Your Remaining Budget with Refurbished Office Furniture
March is almost over, and for facilities managers and teams, that means one thing: the pressure to allocate your remaining budget before it disappears.
You've spent the past year balancing costs and keeping your work schedule running smoothly. Now, with time running out, you face a choice: panic-buy to use up funds or invest in something that delivers long-term value.
Too often, last-minute spending leads to low-quality purchases and missed opportunities. But with the right approach and investment, you can update your offerings, improve ESG credentials, and save money long-term.
Refurbished office furniture
offers an excellent way to achieve all three goals. In fact, the UK's sustainable office furniture market is experiencing a compound
annual growth rate
exceeding
5%, reflecting a shift towards eco-friendly business practices.
Why Rush Spending on New Office Furniture Doesn’t Work
It's tempting to rush expenditures when deadlines loom, buying bulk office chairs, outdated desks, or unnecessary supplies. But those hasty decisions often lead to:
1. Poor-quality office furniture that doesn’t last - Cheap chairs break, desks wear out, and suddenly, you’re replacing everything again next year.
2. A workspace that doesn’t work - A mismatch of office furniture can create an inefficient, uncomfortable office, impacting productivity and employee well-being.
3. Sustainability goals left behind - Last-minute buys often overlook greener choices, missing the chance to reduce waste and lower your carbon footprint.
Click here to learn more about your current office furniture’s carbon footprint.
According to a recent study by the Chartered Institute of Procurement & Supply, inefficient budget spending can cost businesses up to 12% of their annual expenditure in wasted funds. (Source:CIPS)
Rather than spending on quick fixes, focus on
smart investments
that deliver value well into the next financial year.
Immediate Actions: How to Use Your Remaining Budget Wisely
With the end of the financial year approaching fast, here’s how to make the most of your remaining budget. Without the stress.
1. Take a Quick Office Audit
Walk through your space. What needs replacing? What’s worn out? What’s not working? Identifying problem areas ensures your budget goes where it’s needed most.
Need help assessing your needs? Coggin SOS offers free consultations to help you identify your most pressing office furniture needs, saving you time when it matters most. Contact us for a quick assessment.
2. Find a Supplier That Understands Your Needs
The right supplier understands the challenges facilities managers and teams face-tight budgets, sustainability targets, and last-minute time constraints.
At Coggin SOS, we've helped hundreds of facilities teams turn budget pressures into opportunities through circular economy principles. This approach keeps valuable materials in use longer, reduces manufacturing demands, and creates a sustainable cycle of resource use.
Find out more about the role of second-hand office furniture in the circular economy in our comprehensive guide.
3. Future-Proof Your Office
Think ahead. The right office furniture boosts productivity, keeps employees comfortable, and adapts as needs change. Height-adjustable desks, ergonomic chairs, and modular workstations are smart investments that pay off long after this year’s budget deadline.
Studies show that sit-stand desks cut sitting time by over an hour a day, reduce tiredness, and improve work performance (Source:
British Medical Journal). Simply put, a better setup means a happier, more productive team.
Making Your End-of-Year Office Furniture Budget Management Simple
As a facilities manager, you don't have time for complicated procurement or unreliable suppliers. Here's how our team at Coggin SOS makes your end-of-financial-year spending stress-free:
Fast Turnaround When You Need It Most
When facing a budget deadline, waiting 8-12 weeks for new furniture isn't viable. Our refurbished office furniture can be delivered and installed within 10 days-allowing you to allocate your budget now and see results before year-end.
Measurable ESG Reporting
Every purchase comes with our exclusive Savings Certificate-concrete proof of your environmental and financial impact. These certificates provide evidence for sustainability reports and ESG goals, showing:
- Carbon emissions saved
- Waste diverted from landfill
- Financial savings achieved
Did you know that you can have a
sustainable office in just three simple steps?
Read this guide and find out more about reducing your office’s
carbon footprint.
Don't Let Your Budget Disappear - Turn It Into Long-Lasting Value
What will you do with your remaining budget as March ends? Will you let it vanish, or will you use it for an investment that will benefit your team and clients for years to come?
Refurbished office furniture delivers exactly what you need at this critical time-cost savings, ESG credentials, and a faster turnaround.
Contact us today for a fast, no-obligation quote that will help stretch those end-of-year pounds further.
Remember: The financial year clock is ticking. Quick decisions now mean better selection and faster installation before your budget is gone.
