Entries Tagged as 'Office Space'
Many small businesses start in a home office, garage or basement. And many business owners struggle to figure out when the right time would be to venture out and rent office space. We specialize in small office spaces, especially for those just starting or looking to move out of the house.
We have office agents in more than 550 leasing markets across the nation. Whether you are looking for an executive office, virtual office, medical space, serviced office, we can match your needs and budget with an agent to find the right type of office space for you. You can finally have someone on your side rather than working with the agent that represents the leasing company or building management.
The next scary step for small business owners is negotiating the lease terms and conditions. Our leasing experts help you every step of the way. We can help negotiate lease terms, length, price and so much more. Having someone help you work out all the small details in a lease can help you avoid pricey mistakes.
The best part of the service is that it is free. There is no charge for us to help you find the perfect rental space for you and your business. Please contact us to see how we can help you and your specific business. We look forward to partnering with you to help your business thrive! Let us do what we do best, so you can stay focused on what you do best!
Find Office Space
By: James Osgood
Home Office , Office Relocation , Office Rental , Office Space
Here are someinteresting ways for a business to save when renting office space.
Separate Office and Warehouse
Businesses selling products can save on costs by contracting out their warehousing. Expensive office space can be reduced if inventory and document warehousing are taken off-site.
Reach Out to Current Vendors
Leverage relationships with current vendors. If you have a business credit card from American Express, you can benefit from travel discounts, office expenses discounts and cash back programs. If you can save money by reaching out to current vendors, then take advantage.
Limit Insurance Costs
Insurance is less expensive when you rent in the short-term because you are only covering assets, not the building itself. As costs for property owners have increased steadily in recent years, renters have not seen comparable increases. Shopping around can help a business get the best possible deal on coverage.
Choose Modest Views
Although renting space with a great corner office can make the head honcho feel like he's earning the big bucks, it may be keeping him from actually earning that income. Offices with big windows and great views come with a higher price tag. If the office is self-contained and there are no clients to impress with the great corner office, a business can save a lot of money by choosing office space that doesn't boast grand windows and views.
Consider Remote Employees
It can be tough to expand a business when the physical office space is tiny, but an advantage that small businesses these days have is it's easy to hire employees who work remotely. Cloud computing has made it easy for employees in different locations to easily access the same information and collaborate on tasks and projects. All of this can be accomplished without the need to move to a larger office.
Get creative with your office space and avoid spending on anything more than is necessary to help the bottom line. Businesses looking to rent should not only consider the number of square feet needed, but also the type of building, associated costs, and location. Renting also gives a business the flexibility to move as it grows, providing a chance to new deals!
Guest post by Jennifer Morris
Flexible Workspace , Office Rental , Office Space
A typical property owner has ample experience renting out a space. Do you? As some tenants leave and others come to view a property, the professionals know the ins and outs of contract negotiation. As the prospective tenant, you take on the rental of office space only occasionally. Making this process work for you depends on your knowledge of the rental market and the advisors you choose to help you with the office rental process.
- Make the 12-month commitment. What sets apart and office lease from an office rental is the length of the time commitment. Your decision to rent only commits you to the office space for a short period of one year. If you are not sure that you want to go beyond a year or 18 months with a lease, stick with the basic rental agreement.
- Know the market in your target area. Zoning laws govern the ability to use properties as office buildings. Established office properties are therefore frequently in high demand. Yet sometimes you can find amazing properties that combine residential with commercial usage. If your company would thrive in this type of environment, work with an experienced office finder who can point you in the right direction.
- Understand your space needs. The average worker in your office needs between 125 square feet and 225 square feet of usable space, depending on the tasks that are being performed. Remember to also factor in the space for equipment and file storage as well as conference rooms. A tenant representative can work with you to narrow down your rental space requirements, which can save you quite a bit of money over the course of the rental agreement.
- Negotiation skills are a key element of rental discussions. It pays to have experience in the negotiation of rental agreements. Location, size of the space and available amenities are some of the factors that determine the asking price for an office rental. Outdated technology, needed improvements and hiccups in the spatial design of the space are talking points in your favor. Coming to a mutually beneficial decision on a suitable rental price takes skillful negotiation. Unless you know for certain which talking points outweigh the others, get help from an office tenant rep.
At OfficeFinder, LLC, we know that the rental of office space can be a stressful experience. You have a company to run and do not always have the time to immerse yourself in the study of rental negotiations. Contact us today, and we will do the work for you. Working with a tenant representative is free of charge, and you will love the results.
Find Office Space
By: James Osgood
Office Leasing Tips , Office Rental , Office Space , Tenant Representation
So you know you’re ready to be renting office space for your small business. Perhaps you’ve even looked at some office spaces, and you’re chatting with other entrepreneurs you’ve met along the way, who are thinking some of the same thoughts—they’re also ready to make that jump from home to rent an office space. Don’t presume that this means you’re in competition with them for the few small office spaces available in town. Instead, think about whether you might want to get together with one or two of those entrepreneurs and rent some office space to share together. Sort of like a coworking office, but a situation where you would have control over choosing your fellow businesses. Here are some questions to ask if this thought intrigues you.
- Are your businesses compatible, even complementary? For example, say you have come up with the latest and greatest software program for homeowners to envision what a home remodel might look like. You might want to share an office with another software company that has created the latest and greatest app for restaurant supply purchasing; you would benefit from bouncing software ideas off each other, but know that you wouldn’t be in direct competition with each other. Or you might want to share an office with an interior design company and a startup that sells imported fabrics or custom made drapes and pillows, which would also be complementary to your remodeling software.
- Do you want to take the lead, and sublease—and is that even possible? The advantage again would be in the measure of control. Alternatively, your two or three businesses could form a collaborative and approach the rental market together, and be equally responsible when signing the lease and making the arrangements.
- Are you ready to make a commitment? This is, of course, the most crucial question. Leases are not as much of a commitment as a purchase, but it would be a big step forward from a home office. The advantages of having a professional working and meeting space are not to be underestimated, especially if you need to meet with a lot of clients.
So if you are ready to even consider this alternative to a coworking office, contact us today for further discussion and to see what types of office rental spaces might be available in your market.
Find Office Space
By: James Osgood
Office Rental , Office Space , Sublease Office Space
When it's time to expand your business and set up an office location, one of the most important choices you face is where to locate your office. There are many factors to consider when choosing the right location to set up your office, and much will depend on the type of business you own. Before you look for the right office space, here are some things to consider to help you decide on the right place for your office location.
Obviously, the cost of buying or renting your office space is going to have to be within your budget constraints. But there's more to the cost of doing business than just the monthly rent on the office space. It is important to thoroughly research the taxes and regulatory situations in your desired location. What are the sales and income taxes and how might they affect your business? What about regulatory requirements - are they excessive or is this area business-friendly? If you plan to locate your business in the US, you can find out how individual states ranked with the Small Business and Entrepreneurship Council on policy measures and the various costs that impact small businesses.
Your business location needs to be where your customers are and be conveniently located for them. Consider traffic, parking and whether or not the area invites foot traffic. How visible will your busines be in that location?
Even if your type of business doesn't require customers to visit your location, you will have employees. Consider where your employees will be coming from, whether or not there will be a pool of qualified candidates for job openings and whether they will be able to easily commute to your location.
Other Businesses in the Area
If your business depends on attracting new customers, then the types of other businesses located near you is important. Consider what other retail and service businesses are in the area, what type of customers they draw, and whether or not they compliment or compete with your business's offerings.
Once you've chosen the right place for your business to operate, contact us. Whether you are looking to lease or to buy, we can help you find the right office space for your business venture.
Offles Space Planning Checklist
Office Space Calcualtor
Find Office Space
By: James Osgood
Office Leasing Tips , Office Relocation , Office Relocation Guides , Office Rental , Office Space , Tenant Representation