Our first procurement question has to be to fully consider why we are taking the space and ensure that the business case is solid. Whatever procurement route we take, this will be a long-term – and expensive – commitment. Consider virtual office solutions as a short-term solution. Larger organisations should ensure that their existing space is fully surveyed, that there is no space that they were previously unaware of, and that no further efficiency gains are possible. Organisations should continually monitor their balance of property procurement, especially the leasehold to freehold ratio. Consider how the business compares to the Lasfer curve and its 65 per cent leasehold to 35 per cent freehold optimum distribution. LO.1