4 Lessons Learned:
Guidelines on Choosing Office Space for Lease
Whether you are a startup or you are seeking to move your established business, you should look for the perfect space. While such spaces are available in plenty, you need to be careful to choose one that would work for you. In case you are a startup, you need to be extra careful to avoid making a costly mistake, especially if you would be signing a long-term contract. While you can always cancel, moving comes with significant costs, including losing your customers. It pays to seek help before making a decision. Below are guidelines to help you find the ideal space.
Location is among the most important factors to consider. While you are at liberty to choose any type of office anywhere you please, location can affect business significantly. You ought to choose among locations that your clients can access easily. Competition will always be high in all types of business meaning that if your clients are inconvenienced, they will always choose the competition. Unless your business will be purely online, location is a factor to give weight. Since there is competition for employees as well, you need a location where employees can access without hassle. Think about the security of the area as well. Few people would risk their safety to come to your office. If you would need things such as coffee shops, after work bars, and gyms, make a decision with that in mind.
What do you need in the office? You obviously need amenities that would make your work easier. A reliable provider should be willing to discuss the infrastructure their offices offer. At present, most businesses rely on the internet for efficient functioning. If you need the same, ensure that the place you choose has exactly that. You should also consider how effective it is. Take note of other systems such as postal services, telephone lines, water connection, among others. Since an office can be a branding tool, consider whether you will be allowed to modify yours.
The size of the unit is an immensely significant factor to consider. You need a place that would accommodate you comfortably in the present and in the future. You should make sizing decisions according to the number of employees you would have, the foot traffic expected, the items to house therein, the potential for growth, among other things. In case you would need recreation areas for employees, ensure that they would be available. If you lack knowledge on how to approach sizing, it pays to research well or seek the assistance of a knowledgeable expert before committing.
The cost of the space is among the most important factors to consider. You need a place you can afford at present and in the future. It pays to consider your budget before ? your search for space. Most offices require you to commit to a constant monthly lease. Others might have fluctuating costs depending on several factors, including the time of the year. Ensure that your choice provider does not have any hidden charges. It pays to ask for a written contract.