8 Steps To Renting An Office This Year
July 25, 2019
Launching your own successful business is something which will always be a challenge, and it is also something which you need to prepare many things for. Running a successful empire requires a lot of foresight and planning, and when it comes down to it, you will have a lot of plates to spin effortlessly for success.
One aspect of a successful business is the setup you have. When you begin to run operations from day to day, you will need a working space which has the right facilities and comfortable space for you to be productive. This is why today we will be taking a look at how you can rent an office space for your venture.
1. Do you need one?
The first question you should ask yourself is whether you need an office or not. It is true that not all of us need an office space to start out with, and you could be found working in your own home office for the time being. However, if you are looking to hire a team and grow within a short time span, you should consider getting an office this year.
2. Choose a Location
The location of your office is important. When searching for the ideal workspace you want it to be in an accessible place, close to home, and somewhere safe. Ideally, a town or city center is a great choice as it has transport links and will also be a safe place to work.
3. Make sure it’s accessible
As we mentioned above, it is important that your office is accessible for you and any employees you might hire. If you already have a team of employees, make sure to check with them where they would be able to travel to and from. A lot of the time your employees will have their own cars, however, if they rely on public transport it is important to choose a location which works for them and their schedule. This is another reason why a town or city center is usually a great option.
4. Have a Strict Budget
When searching for an office space to set up your business, it is important for you to have a budget. A budget for an office is difficult, and when you create one you need to consider the legal fees, bills, and equipment you’ll need to buy for space. When you have calculated an office budget it is important for you to stick to it by the letter. You need to aim to spend as little as possible on your office because this will dip into your business funds.
5. Understand the agreement
When renting or buying an office, it is important to hire a good commercial property solicitor to help you with the process. Renting an office can be a little more complex than a flat, so it is important for you to gather some advice from the professionals. If you are unsure about anything on your agreement, make sure to talk it through with your solicitor and allow them to talk you through it step by step. It is crucial that you know every detail about the agreement before you sign.
6. Check facilities
One of the things which will make a huge difference to your office space is the facilities inside. Your office will become like a surrogate home for you, and this means that you want to ensure it is as comfortable as it can be for you and your team. Check for a kitchen, clean bathrooms and ALWAYS aim for a light and bright space.
7. Ask your team
If in doubt, ask your team for help. When looking to rent an office space for your business, it is important to remember that space will be used by other people too. This means that when making a final decision on the office space you have, you will want to consult your team and see what they think. Putting multiple minds together can help you come up with a better decision for your office and will ensure that everyone gets what they want out of their workplace.
8. Leave Room to Grow
The final thing to be sure of when renting an office is to leave room to grow. Even if you only have 5 people in the team right now, how much will this change in a year? If you think you are likely to grow rapidly, make sure to rent an office which is big enough for at least double the people you currently have now.