If you are looking for an office space for your small business, then this piece of writing is dedicated to you. In order for you to find the most comprehensive space that suit your need and the operation of the business, you need to consider a few options that will enhance your decision making.
Here are a few tips to help you optimize and find the best property:
You need to first sit down and work on your budget and determine how much you allocate per month to pay off the Central office rental. Knowing the budget will help you short list the properties and will help you avoid having to struggle to pay higher amounts for rent. The cost of the rent will be determined by the type of lease that you will agree for – short-term or long-term.
Amount of space
You need to determine the required space needed. It will be very difficult if you find a property that suits all your other needs but is unable to make all the workers feel comfortable because the space is crammed up. This might demotivate the staff which might lead to some of the best employees leaving because working conditions are not being made.
When you go on visits to look at real estate, never stick to one property! Have a few options in hand just incase one becomes unavailable while you take your time to decide. It is a very competitive world out there when many businesses are looking for new office spaces.
Another few factors that need to be taken into consideration are as follows:
The location – the location should be accessible easily by employees, customers and suppliers. Employees should not have to commute for more than one hour. The location should be a safe neighborhood as well. A centrally located office space is ideal to all public transportation services as well.
Business needs – if your business is part of litigation services then the cool startup office should be close to a court house. If you know your business, then it will be easy to narrow the particular area.
As a business man, you should negotiate your lease with the property owner. Before negotiations you should know that a long-term lease is a minimum of five years and that a short-term lease is a minimum of one year and a maximum of five years. Hire a commercial real estate lawyer who will help you read through the contracts and draft legal letters that are needed.
Before you sign the contract, ensure that everything that has been discussed is written on the agreement.