Things To Consider Before Leasing Office Space
Leasing an office space that supports your team and allows you to grow and make strides forward, is not an easy task. You need to take into account several factors because your decisions could have multiple backlashes for your business. Before you opt for a space, keep the following points into consideration:
1) Location
A good location should be at the top of your list alongside while you are looking for a working space. The office vicinity should impress, it should be in keeping with the statue that you want to portray. The entryway and surroundings should be adequately attended to and should give a professional vibe. The vicinity of the selected location should have easy access to facilities like food places, cab or auto stands etc.
2) Easy Accessibility
Your team, customers, competitors and partners need to be able to get to the office space when necessary without any hassles. The space should be easily accessible by public transport or car with a well-established road connectivity. In today’s times, metro connectivity is an important essence of the same when it comes to having an economical alternative to locate and reach the workspace.
3) Age of the Property
Who would want to lease an office space in a couple of decades old building, with increased chances of collapsing or disintegrating during a natural calamity like earthquakes? Opting for a newly constructed and well structured building is an ideal choice.
4) Budget
Cost is a big concern when it comes to leasing an office space. Don’t ever choose an office space that’ll put your company into debt and impede it’s growth.
5) Office Space
Find out all you can and learn about the space you are leasing before coming to a conclusion. It’s important to visit the various offices you’re considering to make sure the office includes the space required by your team. Here’s a smart tip – look for a smaller space to start, there are chances the landlord offers you incentives for a larger space over the course of time.
6) Clear Lease
Once you’ve decided the perfect office space for your team, the next step is to sign the lease and seal the deal. The lease should mention all the terms and conditions very clearly. Before making any commitments and signing the lease, it’s important to speak to your lawyer to make sure that the agreement has no loopholes.
7) Infrastructure
In a connected world today, a reliable internet connection, phone lines, postal services etc. are important requirements for an ideal office space. A refreshing office design and ambience can have a big influence on the image, reputation and productivity.
8) Business Type
Different offices cater to various needs of different industries. You need to consider your company’s business type when selecting an office space. For instance – If you are a startup, you should opt for a co-working space instead of a fully rental office space. Whereas, if you are a shipping and distribution firm, you shouldn’t look for an office space in a business centre.
9) Security
Make sure your office is under surveillance 24×7 and has proper security arrangements. You and your team will be spending the most part of the day at the office space, so make sure the vicinity is a secure one.
10) Parking
One important component that is often overlooked is the availability of a spacious parking. For many employees, clients and partners, cars and motorbikes would be the main mode of transportation to get to the office space. A suitable parking is an important should be kept in mind otherwise it can lead to many complications and accessibility issues.
Good research is an essential prerequisite in one’s search of an office space. The more factors you consider, the higher are your chances of you finding an office space that matches up to your expectations.