Choosing the right office space, whether for rent or purchase, for your business will have a big impact on how well your business runs. The Better Business Bureau has made 5 specific recommendations to help business owners choose a space that is right for them.
Determine Your Needs
This may sound obvious, but any business owner needs to think about the entire opperation, not just the front office. Look at the space in terms of how your customers will see it and how your employees will use it.
- Will you grow over the course of the lease?
- Will you need conference rooms, lunch rooms or break rooms?
- Do you need a reception area?
- What about storage?
- Will you have office machines such as large copiers that need space?
- Where will staff sit?
In general provide at least 175 square feet for each employee. Offices will be larger than this so determine who gets offices and who doesn't.
Location, Location Location
This is a very old adage that the most important aspect of an office is it's location. This is particularly true if the business requires foot traffic. Think about who your customers are and narrow down the choices.
- Will they need parking?
- Will they use public transportation?
- How hard is the office to find?
- Is there a lot of traffic in the area?
- Will there be construction on the roads in the area in the first year?
- Is the neighborhood safe?
It is vital to understand how easy it will be for prospects and customers to get to your business. If it is too hard they may decide to do business elswhere.
Assess The Building
It is important to look at the building as a whole. Many commercial buildings will advertise upgrades, but won't talk about repairs.
- Ask about what changes may need to be made to the office space itself.
- Are you allowed to put up walls for new offices as needed?
- Have there been any recent problems with storm damge or vandalism?
- Are there any upgrades or renovations planned during the lease?
Noise from renovations can disturb employees and customers so it is important to understand what will happen and when.
Get Professional Help
Utilizing a real estate professional who specializes in office space, an office tenant representative, will reduce the amount of work substantially. A professional will be familiar with a variety of styles of office space around the area. When know what you are looking for and can communicate these needs clearly they will be able to show you properties that meet your needs.
Review The Lease
The final step is to review the lease very carefully before signing anything. Make sure you understand what you are responsible for and what the landlord is responsible for. It is a good idea to have a lawyer review the document.
Following these 5 suggestions will help ensure the office space chosen is right for the business. For more information on choosing the right office space for you contact us.
By: James Osgood
Office Space , Office Rental , Office Space Design , Office Leasing Tips , Office Relocation