Considerations before getting an office.
Category : What you need to know
If you’re in the market for an office space, what you choose is incredibly important to your business.
Not only does it affect your day to day operations and your staff morale, but also your brand image. There are so many things that can impact which office you choose; however, there are five factors that are absolutely crucial to the process. Overlook one of these, and you could end up disappointed.
“Location, location, location.” We’ve all heard that famous phrase, which drives home just how important location is when choosing a space for your office.
Here are two really important questions to ask:
Can my clients get there without a hassle?
Can my employees get there easily?
If you find an office that ticks these two boxes, then you’re well on your way to finding a good location. Think about the security of the neighborhood as well and what’s close to the office. Is there a gym nearby? Coffee shop? After work bar? All of these things are important for keeping your clients and staff happy!
Price is probably the most important factor to most businesses when they’re choosing a new office. If you spend too little, you’ll either end up with an office you’re not happy with, or you may find yourself moving out after a few months. Spend too much, and you might struggle to pay the rent or have to move again to downsize. Neither of those scenarios are ideal.
Here are a few important questions to ask when considering how much to spend on your next office space:
Can I afford to pay a three month rent deposit on this office right now?
Have I asked about any hidden costs? (Maintenance, extra cost of parking, etc.)
Is this office priced in line with similar office spaces in the area?
Question one gives you a very broad indication of affordability and asking about hidden costs helps you protect yourself against being stung with charges you didn’t expect. The third question is simply to make sure you’re getting the best deal possible. Always do a quick comparison with other offices spaces in the area to make sure you’re getting value for money. Read More