Small Business Office Rental Tips 2017

Renting your first office space can be overwhelming and exciting for you and your business. It is crucial to choose a business office that will support your business and your team, allowing your business to grow and thrive. Don’t be confused and just rent any office without studying its impact to your business. It is important to take several things into consideration when you are choosing the right office space for you.

The first thing you need to decide is whether you really need to rent a space, because you have an option to work from home or even try co-working spaces. When it is absolutely necessary to have a dedicated office space for your business, your top consideration is its location. You need to make sure that the location of your office is close enough for your staff to commute. If you do not have any team or staff yet, select an office close enough to an area with high populations of potential talent. You also need to consider that the location is accessible to other people. Keep the needs of your customers in mind in choosing the best location. Is the office building close to public transportation or freeways? Think about the great amenities you prefer nearby because this has a major impact in renting your first office space. Your team members and your customers will highly appreciate if your office is nearby restaurants, shopping sites and coffee shops. You need to have a strict budget because the cost is likely your next major concern after you have chosen your office location. As you probably know, office space rentals may actually eat up your budget, so choose a flexible payment option, and don’t choose an office that’s going to place your business into huge debt, stunting its growth and development.

It is essential to account extra expenses brought about by renting an office space to prevent piling up of fees and charges. Make sure that you completely understand what are the things included in the quoted rent. Are the utility bills inclusive in the rent or you need to pay separate? In terms of structure maintenance, are you obliged to pay the cost or is it included to your rent? It is very important that the all the financial aspects and financial obligations are clearly indicated on your lease agreement. You must be fully aware of the provisions of the lease agreement. Safety must be prioritized as well, ask for the presence of security guard, to make sure that your staff, equipment and products are safe. Find an office space where your team can comfortably work, but not too large that cannot be used later on. It is also important to decide on what layout you prefer for your small business, to make sure there is also a room to grow such extra one or two cubicles when you anticipate sooner expansion.