Smart Tips For Finding Rentals
Tips for Choosing Office Space
Choosing the right office space is one of the challenging decisions you will have to make as a business owner. The office you choose can affect your business in different ways. If you choose the wrong location, you may lose clients and employees. Also, if the location is not right, growing your business can be difficult.
Most commercial space is offered at a lease running from 3 years or more. Before signing the dotted line, consider the following.
Will there be room to grow?
You should know the current needs of your business before choosing a particular office space. You should also consider growth and other future business requirements. Find out whether the space owner can give you a shorter lease if you are not ready to pay for a larger office space at the time you are moving. Another option is to get the lease to indicate you have the right to negotiate for new space that becomes vacant next to your location.
Consider whether the location favors your employees
It’s also important to choose an office space that can be easily accessed by your workers. This means you should know where majority of your workers reside. Some employees may opt to seek employment elsewhere if you select an office whose location is quite far and will significantly increase their commuting expenses. Before choosing a new office location, discuss with your employees to know what they think. It would be a big blow to your business if key employees resign due to commuting challenges to the new office location. Basically, make sure the office location is convenient for everyone.
Will clients be able to reach the offices easily?
You should also think of your clients when looking to move to a new location. Will your clients have difficulties in reaching the new premises? If you offer products or services that are easily available at different places, do you think clients will be ready to drive miles just to get the services or products from your offices? You may want to lower business costs and hence select an office that is out of town. However, the location you choose may not be suitable for clients. You have to weigh the cost of losing customers to the savings you will get to determine whether having an office is the suburbs will be worth it. Inasmuch as you can use email for communication, some clients still prefer physical meetings.
How will the new office project your business?
Think about how the new office location will be portraying your business. Your office space will speak volumes about your business.
You can get the right office space for your business by following the four tips above.
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