The Cost Of Running An Office In Nigeria (For CC-Hub Graduates)

FEB 08, 2015

  For the past few months, Hotels.ng has been running its own office. For every tech start-up that is currently in an incubator or shared space, you may wonder what the costs of doing that are. I can give you a fair idea of what your running costs for an office would be. Before we go there, keep in mind that Hotels.ng is a small tech company. We are not a Konga or Paga with more than 50 employees; we only have about 12 people in the office at any one time. So, the costs:

1. Upfront costs

• RENT: What you can afford
• Generator: 160k (diesel) + 60k for a petrol backup.
• Renovation: 200k
• Desks+Chairs: 100k
• Internet Devices: 30k
• ACs: 150k
• Inverter + Battery: 70k

2. Running Costs

• Internet: 50k/month for a team of 10
• Electricity: 20k/month to PHCN
• Diesel: 24k/month
• Cleaner: 20k/month
• Building maintenance and degradation: 5k/month

That’s about it. You can use that info to calculate better if you are ready to move out of your incubator.  By Mark Essien