5 Pointers to Help You Find Office Space to Rent
Office space is one of the essential elements in any business and oftentimes one of the most expensive. With this in mind, it becomes crucial for small and large enterprises to secure affordable office space. Whether that space is an entire building or just a room, every business will want to consider various factors before signing the lease. Below are five tips for finding an office for rent that will help you find the perfect space for your business.
1. List your requirements for office space.
The first step in selecting an office space is to list the things your business will need once you relocate. These requirements should include, without limitation, the size of the office, any particular features that must be present (such as high-speed internet or access to public transportation), and the budget you have allotted for rent. Make sure this list is comprehensive, detailing every possible requirement, but also make a note of any items you could do without.
2. Research available office space
Once you’ve listed your requirements, move on to the next step: exploring rental opportunities. First, list the qualities you want in an office, and then look into companies that may have office space available for rent. You can find contact information for these businesses with a simple search on Google for “commercial property management.” Also, consider adding your business to a local classifieds website like Yelp or Craigslist. This will allow potential tenants to find out more about your business by reading customer reviews or making contact through personal websites.
3. Check the online listings
Online sites like Craigslist and the local classifieds frequently list available office space. In cases where the office space requires immediate use (such as at a hotel or a temporary location), make sure to contact both the landlord of the property and any potential tenants as soon as possible so that you can move into your new home quickly.
4. Make a list of ideal locations for your new office location
Before signing a lease, it’s wise to look into various locations in your area. For example, you don’t want to sign a lease for office space and find out you have to move, only to spend time searching for a new location and possibly losing money on your old office space. Furthermore, different areas have different costs associated with them. For example, some sites may require that all tenants pay a monthly fee. In many cases, this can be much higher than what you would pay in rent; thus, it’s essential to consider the cost of renting over leasing.
5. Consider the lease terms
The terms of a lease are also significant to consider. As previously mentioned, be sure to read the fine print and make a note of any hidden fees that could be associated with your office space. Also, check with your existing employees before signing a lease in case you need to increase your workspace. If you have several employees needing computers in the new workplace, ensure you can accommodate that. Also, be wary of any contractual obligations you may have when signing a lease (i.e., if you have to make mandatory payments).
Remember to always do your research when finding new offices for rent, but also make sure you’re taking all conditions into account before accepting a lease. By doing this, you will find the perfect office space for the right price and location.