If you are just starting out in the world of business, one of the biggest decisions you can face is picking an office. This is particularly the case if you have outgrown your makeshift home office and started hiring employees.
Why is the decision a big one? Because an office is one of the biggest expenses for your business. The wrong office space can also be detrimental to employee satisfaction, and in turn, this leads to a drop in productivity and performance levels.
To ensure those types of problems do not arise, here are four tips for finding the ideal office space for your business.
1. Decide on the amount of space required
The first step is to understand how much space you require from your planned office. How many employees are on the books? If you only have, say, 3-4 employees at present, a relatively small space will typically do the job.
However, if you expect a rapid, short-term growth, it is wise to prepare for this in advance and go with a bigger space than your initial needs. You do not want the hassle of bouncing from one office to another in just a few months’ time.
2. Location matters
Location is another important aspect when it comes to selecting an office. In an ideal world, you want a central position that is easy to reach for both you and your employees. The problem is that central offices typically have a higher price tag that could be beyond your current means.
With that said, you do not want to go with a position in the middle of nowhere to save a few bucks. Try and find that sweet spot with a location that is both convenient and affordable.
3. Work with an agent
Picking an office on your own can be daunting, especially if this is your first time doing this task. Due to this, do not hesitate to enlist help and work with an agent specializing in office rentals.
As The Workplace Company (theworkplacecompany.co.uk) states, their work is more than simply getting the best lease terms for your business – although this is important. They locate the finest premises to create a productive, positive environment for your employees.
Work with the right agent, and you are in the right position to acquire the best office for your business.
4. Do not be scared to negotiate
Before signing on the dotted line, there is no harm in trying to negotiate on your lease terms. The listing may say your favored office is $1,000 per month, but that does not mean this is the only price the landlord will accept. After all, they’d rather have an occupied office rather than an empty one that’s only burning a hole through their own finances.
With your negotiating hat on, do not be surprised if you could take up to 20% off the listed monthly price. Plus, even if the negotiating leads nowhere, the office will still be there for you.
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