Moving to an Office Space? 6 Tips for Your First Rental

Office space is a necessary asset for many businesses. Whether you’re a startup that is growing or need somewhere quiet to do your work, an office provides you with a professional location to conduct business.

If you’re looking at your first office space, it can quickly go from exciting to overwhelming. What type of layout do you want? Are you okay with sharing (co-working spaces), or do you want something more private? How much are you willing to spend to get the location you desire?

Are you planning to move into an office space for the first time? Let Global Resources Reviews help you with the following six tips.

Think About the Location

For many workers, the location of the office space is crucial. Especially as gas prices continue to fluctuate and increase, having an office that is in a convenient location is a key feature to consider.

Ask the following questions: are you planning to drive, walk, bike, or take public transportation to work? Do you have employees that need to commute as well? Is the potential space in a desirable and location?

What’s Your Budget?

Another main point to consider is your budget. Moving into an office space can get pricey if you’re not paying attention to your budget. Ideally, if you’re deciding to find a space to work in, you’ve budgeted for the additional expense.

Be Prepared for Additional Expenses

If you were working out of your home, the additional expense isn’t quite significant. Yes, you’ll have a higher power and water bill since you’re at home most of the day. However, the changes usually aren’t that significant.

When you move into your own office space, though, the additional expenses tend to be more significant than if you stayed at home. If the landlord doesn’t pay the utilities, you’ll have to. Are there any maintenance fees to consider? What about setting up internet in your new office? All of these features add up quickly.

Do You Need Amenities?

The point about amenities should come after everything else. If you’re sacrificing location, security, and distance because you want to be close to your favorite restaurant, will it make or break your business? Certain amenities, like public transportation and a few quick restaurants, are ideal. However, it shouldn’t come at the cost of a functioning office space.

Make Sure You Understand Your Lease

When signing a lease, you must understand everything that it entails. Once you sign it, your name is on a legal document that you’re expected to uphold. If not, the repercussions could be significant financially. Not only that, if your landlord doesn’t uphold his or her end of the bargain, you have the lease to back you up.

Find a Space That Suits Your Business

Another important point to consider is the type of space you need. If you’re a one-man show for your entire business, you likely don’t need thousands of square feet to do your job. However, if you’re a growing team that produces physical goods, you’ll need something more than a one office location. What you do for work will help determine your new office space.

Don’t let the process of finding a new place to run your business overwhelm you. Take your time and research to ensure you find the best place for you the first time. Otherwise, you’ll find yourself moving not too long after.