Category Archives: Office Leasing Tips

Tips To Keep Your Business Up To Date With Advancing Technology

Every business owner has to keep up to date with advancing technology. It’s true even for those who don’t run technology businesses and it can be overwhelming!

IT advancing at Work

IT seems to be always changing. Computers and networks, security systems, phone systems, and office productivity software are all products of technology and continually advancing. How can you keep up? Technology helps businesses in many ways. These can include systems for customer relationship management, software for tracking daily purchases, network linking the different members of the organization, or keeping the IT aspect of a business up to date. There is help from Information Technology (IT) support providers like Orlando IT support provider Data Cube Systems who will ensure you don’t fall behind. There’s no doubt that technology brings many benefits to the table.

However, technology evolves at a rate that can be daunting for business owners. At times, it seems that it’s too fast, leaving companies struggling to keep up and adopt. Nevertheless, technology helps businesses to function effectively and efficiently.

Below are a few tips to keep your business up to date with advancing technology:

Identify Your Needs

Take some time to think and determine what’s relevant to you and your business. For example, if your company focuses on sales, you likely have a sales team that reaches out to clients that are, most of the time, out of the office. That means that you need useful tools for quick and easy communication between you and your team members.

What you can do is to start making a list of the things that your business needs. So, your employees stay connected with clients and with one another. Your hardware needs are likely to be mobile phones, tablets, or laptops in addition to the computer network and phone system in your office.

Then make a separate list of the things that your whole team needs to make the most out of those technologies. It could be the ability to start and participate in conference calls. Or maybe you and your staff need to obtain access to the same document or spreadsheet file anytime and anywhere to update or input data.

It’s essential to know what you need, and it’s the first step that your business can take to identify the most appropriate technology and implement it right away.

Strengthen Customer Service Practices In Your Business

As a business owner, you know so well how essential it is to provide excellent service to your clients. Putting customer service at the top of your priority list is another way to ensure that your business keeps up with technological advancements. Excellent customer service requires your systems to run as quickly and as efficiently as possible.

You have to find ways to improve your website, especially if your customers are making payments or interacting with you through it. Your website should deliver a seamless experience to your clients, avoiding inconveniences as much as possible.

If you want your customer service practices to become of the bests and help you retain your customer base, you have to keep an eye on tech trends. One excellent technological product to help you with building and maintaining relationships with your clients is CRM software.

Define Your IT Strategy

Your business needs a defined IT strategy. It’s essential to note that defining an IT strategy is another way for your company to keep up to date with advancing technology. Assess your needs and evaluate whatever resources are available to you at the moment.

The IT strategy of your business should help you narrow down the kinds of technologies that you need for your business to run efficiently. Once you’ve already come up with an IT strategy and identified the technological products that you need from software, hardware, electronics, to equipment, it’s time to ensure that your office space can handle everything comfortably. If you’re planning to rent an office space, make sure it has the features that support the technological resources of your business.

Nothing Beats Planning Ahead

The best way to keep your business up to date with advancing technology is to plan ahead. Always remember not to become reactive when new technology trends come out. Use the buzz around new technology getting scheduled for unveiling to your advantage. And have your third-party Orlando IT support provider analyze upcoming technologies and ask them to assess whether or not these technologies suit the IT strategy and needs of your business and the current office setup you have.

Final Thoughts

You have to stay current with the ever-changing trends in technology if you want your business to remain relevant and competitive in the modern business world. It will help your business maximize its existing technological resources and invest in the right technologies moving forward.

 

 

 

 

 

 

 

 

The Essential Guide For Renting A Good Office Space For Your Team

Office SpaceLike most real estate sectors, the rental market for commercial office space has increased in cost significantly since 2018. Based on data gathered during the second quarter of the year, the asking rents rose to 3.4 percent per year to $25.71 per square foot. Yet despite the increase, small businesses still opt to rent office space instead of buying their own buildings for a lot of reasons. These include minimal financial commitment and tax deduction. They can also provide more flexibility for expansion. Renting an office space vs remote working can be beneficial for your business, especially if you know how to choose the right location. But aside from looking for a good venue for the operation of your business, here are some tips that you need to consider if you want to rent your office space.

Consider Your Budget

Before signing the lease for your office, determine whether you can afford the big move. You need to ask yourself and talk to your financial advisers to ask if the time is right for your  company to have a larger space. When choosing the office, you must think about how the new office rental expenses will affect your bottom line. Think about your other  expenses like the furniture to purchase or rent, and other necessities including your small business insurance, utilities, and Internet services. In some cases, an executive suite or coworking space may be a better answer than going out on your own. Typically, they are furnished and you know the total cost each month without having to pay other expenses such as utilities.

Think About Your Staff

If you are running a small business with a few team members, you need to look for a space that can fit everyone in. The area needs to be spacious enough for the desks of each member of the team. If you are still planning to expand, you must allocate a few extra spaces for future employees. The office rental must also be conducive to the health and safety of your staff. It should be located in a safe spot where access to hospitals, police and fire stations is readily available.

Study The Lease Thoroughly

Always have a clear idea about what you will need in the space. If possible, consider taking several trips to different locations to know if the area has the right vibe for your business. Your tenant rep must also know how to negotiate with the landlord to give you the best discounts. Make sure they are experienced, like the ones we have at OfficeFinder. Thoroughly read and analyze the contract before signing the papers. The document must point out all the provisions that both you and your landlord had agreed upon. Make sure to thoroughly review the rules and relgulatons, too. Otherwise, you may not notice the necessary rules that coudl affect yourbusiness operation.

The process of renting out an office space for your business can be tedious and time consuming. That is why having a tenant representative on your side is so important. You need to think and consider a lot of things before finalizing the deal. Your tenant rep will make sure that you don’t make any costly mistakes and consider all the necessesary factors. But as long as you and the owner can come to agreement when making decisions, this will set a solid contract that will last for years to come.

6 Mistakes to Avoid When You’re Renting Office Space for the First Time

renting office spaceStarting a business entails a lot of planning from what type of products or services you’ll be selling, whether a franchise or your own startup, you will need to figure out about renting office space.

There are several factors to consider, and if you’re not careful, you may end up making costly mistakes that can hinder your company’s growth.

Online resources like us, OfficeFinder, can help you acquire the ideal location for your company headquarters in a particular city. If you’re renting office space for the first time, it is crucial that you are aware of these common mistakes that you must avoid when renting office space.

  1. Not Being Able to Differentiate Needs from Wants

In today’s modern world, many entrepreneurs do just fine in their home offices or with coworking spaces. However, you may need a dedicated office for your business to survive especially when your customers have to purchase your product or service in person, such as in coffee shops or shoe stores.

  1. Not Determining Your Budget Beforehand

There are plenty of commercial locations to choose from, and not establishing a budget before doing your research would only make you run around in circles. Determine how much you’re willing to spend on office space and stick to it. You can filter out suggestions that are too hefty for your estimated cost. If possible, you should be able to pay a full year’s worth of rent upfront and give time for your customers to be familiar with your site.

  1. Not Doing Enough Research

In business, it’s not sensible to make impulse decisions over something as important as your office or shop location. Here is a list of important considerations when renting an office space.

  • Rent – Inquire about how the landlord measures and calculates the chargeable square footage. Gather the same information from other possible spaces and compare prices.
  • Lease Term – You should be informed as to when the lease will start and when it will end. Would opting for a long-term contract end up with a better deal? Or would you rather have a short-term contract that can be renewed? Landlords will let you know what their preference is depending on their needs.
  • Rent Increases – Are they negotiable? How do the owners calculate it? Does the price of the rent increase automatically per year or term?
  • Deposits – To secure the lease, landlords often ask for a security deposit, which is usually the rent equal to a specified number of months. You should know how much they expect for that specific commercial space before you decide.
  • Cost of Renovations/Improvements – Generally, landlords pay for renovations and improvements on the building and splits the price into the rent. Agree with your landlord over how this process will be done.
  • Cost of Repairs and Maintenance – Commercial leases typically let tenants pay for maintenance. Find out the extra fees as well for utilities, taxes, and insurance.
  • Exclusivity Rights – This is especially important for retail businesses. You should know whether you have the sole right to rent part of a building or complex and be assured that competitors cannot open a store in the same location.
  1. Not Reading the Fine Print

A major no-no in business is being lazy and irresponsible in going through the contract and not reading the fine print. Review the lease terms, and ask for the help of an expert attorney to look over the document so that you’ll get a better understanding of the contract and its impact on your business. Take note that most contracts are made to be favorable for the landlord.

  1. Not Asking for Help from Brokers

You may be tempted to skip the middleman and purely rely on listings to save on costs. However, real estate brokers can be valuable in the search for your office space. They have insiders’ information on commercial buildings direct from the owner of the property. Plus, they can help you with negotiations for the lowest rates.

  1. Not Considering Customers’ Needs

Your office should be near your customers. It should be easily accessed from freeways or public transportation. Moreover, find a place that has a dedicated secure parking space for both cars and bikes. Your customers will want to go back every time since they can park their cars or bikes without problems.

Conclusion

To do it right, renting office space will cost you time, effort, and financial resources. Make sure that you get your money’s worth by conscientiously going through the nitty-gritty. Think of it as an investment that is necessary for your company to thrive in today’s cut-throat business world.

The Importance of Your Office Location

Helpful tips for coworkingThere are many factors that can contribute to the success of your business. It includes your people, product, service, as well as customer service. All of which can be directly associated with your office location. Sometimes your office location can make or break you. It is important to both your customers and employees, so you need to take care in deciding on an office location for your business.

Let’s take a look at how your office location impacts your business.

Related Business

Do you ever wonder why gas stations are situated next to each other? Or why convenience stores pop up one block, face to face with one another? In business there is a term called benefit of localization. People tend to flock to a place where there are many options than an area with less choices. Not only does this keep you close to your market, but it also helps you to check in with your competitors from time to time.

In addition, if you are just starting out with your business finding an office space in an area known for your industry will help you get customers or clients and employees… A well-established area means people are aware that it is a place business like yours locate offices.

Where is the Talent

Your employees are the life-blood of your business. They are the ones that operate it and keep it running smoothly. The location of your office can contribute to the quality of talent available for hire. The availability of talent pool likely depends on your physical location because of a major factor, transportation.

If you are in an urban area you will have a higher talent pool than if you are in a rural area simply because of population. Also, how easy is it to get to your location. People will be attracted to how easy it is to get to your office.

As an example, if you are trying to staff doctors, a job near a medical school is a good choice because of  those students will be looking for jobs after graduation. The same goes for lawyers and law school. These students are familiar and comfortable in the area because they’ve spent so much time there.

Balance Your Expenses

Renting an office space can be expensive. It is probably one of the top expenses of your operating budget. What you need to know is the pros and cons of your options. A few questions to ask include: Will spending a little more money on a better location generate more business or not? If so, how much more. How about your employees? Will a higher priced location make a difference in your retaining or attracting good talent? The answer to these questions can help you determine what is best for your company.

Zip Code Envy

When you hear 90210, you know that it is an expensive area. There is a zip code like that in every city. One that you just know is expensive.  It is teh same with a business location. If a business is in a downtown area with a downtonw sip code, that signals they are serious. If you think a business is serious, that must mean they are doing well and are good at their job.  This will help customers and employees have a good impression of you. When you are planning your office, think about what a zip code can do for you.

Location, Location, Location!

As with all real estate the three most important considerations for your office is Location. The wrong location can cause long term problems with customers and employee. Have an experienced tenant rep working for you will provide you the benefit of having someone who can provide insight into the office options you have.

Getting Reliable Help

If you need help finding and negotiating for office space, contact us and we will put you in touch with a great tenant rep who will help you at no cost to you.

3 Tips to Help You Effectively Run Your Business from a Coworking Office

coworking office spaceBeing a business owner can get quite lonely. This is especially true if you offer remote services or freelance from your computer. Luckily, there are coworking offices that can allow you to get your work done while being around other people. These shared spaces can help you feel like you’re part of the community and keep you focused and productive.

Coworking offices are great for cutting back on the cost of rent while being able to interact day-to-day. These offices are excellent for startups and self-employed entrepreneurs–especially since they seem to attract a multitude of creative talent. They’re popular for numerous reasons like the versatility they offer.

If you decide to find the perfect coworking office, there are some things you’ll want to consider keeping yourself and those around you productive.

1.  Make Sure The Space Will Work for You Before You Commit

When shopping around and scoping out potential coworking office, make sure you find an environment that will work for you and your business. When you walk into a new space, it can overwhelm the sense, be sure to pay careful attention to:

  • Color: Is the office light, bright, and airy, or is it dim and cavelike? What works better for you? Most people prefer to work in light, bright offices. If you have your own space, you can ask if you can change the wall color to brighten things up.

Coloring and lighting can make you more or less productive. Make sure the lighting inspires you to work.

  • Size: Find out how many people will be working in the office and what the space is like when everyone is working diligently. Ask what peak hours are in the office. You can always schedule yourself before everyone gets in for the day or after everyone leaves.

Will you have enough space for everything you need? Many of us only use a laptop and a wireless mouse, but some people also need notebooks, files, and other bulkier items. Are you allocated enough room to work comfortably?

  • Storage: If you run an e-commerce site or have files to store, you’ll want to ask if the office space comes with secure storage, if you have to rent additional space in the office, or if you have to find storage elsewhere. This can be a deal breaker if you logistically need a bit more room.

 Internet Speed: If you run an online business or work as a freelancer, make sure your internet can keep up with your pace. This is another aspect you may want to try out before committing to renting space. Ask if you can come in for a trial then see is the internet is able to keep up.

  • Room to Grow Your Business: You may run a startup or simply be a self-employed writer, but you don’t know exactly what your business will look like in one year. If you need to bring another person into your business, will there be room for them, too? What if you need to increase inventory? Will the office space accommodate 100 more t-shirts?

2. Time Management is a Priority

While getting used a shared office can be excited, be sure to set aside time to tend to your business–especially when you first move into the office. When you first get into your new office, everyone will greet you with open arms and huge smiles. Make sure you’re just as friendly but establish time boundaries to keep you on track with everything you need to accomplish.

Try to keep regular hours. I don’t mean you need to work from 9 to 5, in fact, businesses often prosper when your hours a bit more untraditional. But you should establish a schedule and stay with it. It’s easy to miss out when you don’t have a definite in-time.

Keep a daily schedule or to-do list, too. If you need to update your website, that’s a priority if your income relies on it, make sure you have it written down so you don’t get distracted. If you’re just starting your business, register your domain name and spend time curating your e-commerce site and updating orders.

Always take the time at the end of your day to tidy up your area. This isn’t just courteous to your coworkers, but it will give you a clean slate for the next day. And factor breaks into your workday. Taking a quick break will reenergize you and help you be more productive in the long run.

3. Keep Sight of Your Goals and How to Accomplish Them

One of the best qualities of a coworking office is that everyone is there for a reason. Everyone is accomplishing goals and dreams. Let your coworkers’ ventures and successes inspire you and never lose sight of your goals.

Make your goals your priority. If you find yourself socializing too much, remind yourself that you’re at work to fulfill a goal, to make your business better and more profitable. You may want to hang a chalkboard, dry-erase board, or a calendar to help you keep track of your goals in the short term and long term.

Try to find a positive office with an inspiring group of people. Avoid negativity if it arises, it will drain your energy and your time.

Your business deserves a great workspace where your ideas and dreams can grow a flourish. Use these tips to help keep you on track for success if you’re searching or found great coworking offices. Keep your e-commerce site up-to-date and your freelance clients happy and you’ll be able to enjoy the productive environment of shared space.

If you need help finding the right coworking offices, contact us. It is what we do.

Moving Up: From Working at Home to Coworking

Helpful tips for coworking5 Tips to Make a Smooth Transition to Coworking

You were tired of working in a large office environment with a lot of unmotivated people and wanted to have the freedom of working at home. You stumbled upon the Y Combinator site and noticed a coding school called Lambda. You signed up, learned to code in 30 weeks and got some great clients. The only problem is that while you worked at home from your super cheap apartment near campus in, let’s say, Bloomington, Indiana, there were lots of distractions, and the fridge and TV were only a few feet away.

You also found that you were less able to separate working hours from leisure time, and you began to think about getting a spot in a coworking space. Following are five important things to consider as you make the change.

Check It Out

Just because someone says that XYZ coworking is a great spot to be, don’t make a rash decision, and be sure you carefully vet it and all of your options before you consider signing a lease. Always visit potential coworking areas during primetime–10:00 a.m. to 6:00 p.m.–and be convinced that the vibe is what you are looking for.

If you make a lot of phone calls, your prospective space should afford the privacy you need; if you need to meet clients at your office, conference rooms should be available. If you need quiet, a rowdy coworking space obviously won’t suffice.

In short, the other inhabitants of your coworking area need to be compatible with your needs.

Internet

This should go without saying, and while well-established coworking concerns like WeWork undoubtedly have great connectivity, a smaller independent coworking space may not, so make sure first that outages very rarely occur, and that there is enough bandwidth for your needs. Also, Wi-Fi connectivity can be less robust than an old-school ethernet cable connection, so make sure that whatever it is that you are doing is well-supported by the signal you pay for.

Schedule

Discipline is needed to make the shared workspace experience successful. This may have been one of your working at home issues, and one great way to attack the problem is to get to work at the same time every day. That way, work time is separated from leisure time. Of course, it’s OK to try a flex-time schedule and make a self-imposed rule that you will work a certain number of hours each day after you arrive at the office. For example, if you want to do eight-hour days and you get to work at 11:00 a.m., you’ll have to stay until 9:00 p.m. that night.

Getting Along

When you take a college class, there is always an annoying student that talks incessantly, monopolizes conversations, takes up everyone’s time and is a general pain. Generally known as the class idiot, if you haven’t figured out who he or she is by the third week of school, it’s probably you! The same holds true for existing in a coworking environment. Respect your peers, don’t infringe on their time, don’t look over their shoulders at their screens, and save socializing for those Friday afternoon happy hours.

In the food department, just make sure you’re not the smelly food guy. That three-day-old tuna casserole that you really like may not have offended anyone while you were working at home, but you’re the odor of your lunch being nuked in the community microwave, may make you some enemies quite quickly.

Adapting to a Community Environment

If you have lived in an apartment or a single-family home your entire life and decide to move into a condo and purchase your first place, you are transitioning from a private to a community environment. In a condo complex or a high-rise, you have shared spaces, and your privacy may be limited to your interior area. Greenspace and parking facilities will have to be shared by others, and if you’re used to taking out the trash at 2:00 a.m. while in your pajamas, you may be surprised to meet another person in the elevator.

In a coworking space, you’ll have to share restrooms, and possibly office equipment. Yes, you won’t have to keep buying expensive ink cartridges for your printer, but there may be a line at peak times in front of the coworking space’s printer/scanner/fax, so you may have to be patient.

Other important things to consider while in your coworking environment are:

  • Don’t sign up for a shared workspace to mine for new clients. If you are identified early as a salesperson merely trolling for business, you will quickly be ignored by your coworkers.
  • Don’t be afraid to ask questions. If you don’t know the snack protocol, or if you need private conference space on short notice, don’t hesitate to ask the staff or a co-tenant to help you out.
  • Be aware of the advantages that your space provides you with. Coworking areas many times contract with local vendors for discounts on things like food and office supplies plus perks like free deliveries on some items. Make sure you avail yourself of these valuable extras.
  • If your space uses an app like Slack, get on it so that you can get help if you need it. There may certainly be a designer in the space that can help you on a project and using a communication tool like Slack can be a great way to solve problems.

Remember, however, that coworking is not for everyone. You may find yourself annoyed by others that infringe upon your space, and you may also conclude that it’s hard to concentrate for various reasons like the number of people in the room, the noise level, or even harsh lighting. If this occurs, you could first try to find a different coworking space that better fits your needs. If not, the experience may have actually proven to you that working at home could succeed, and if you decide to try the process again at home, you may be more motivated to make it work.

If you need help in finding a coworking space, we can help. Let us know where you are looking by  Contacting us.

5 Tips for Picking the Perfect Office Location for Your Business

A business’ office location is crucial to its success.

It’s a decision that can impact sales, brand image, employee satisfaction and even the ease with which a business can grow.

This is obviously a big call that packs significant logistical considerations too. For example, in some US cities, the cost of renting an office can rack up to around $95 per square foot, per year. That’s a serious commitment if you’re a business that needs a lot of space!

Perfect office space

Clearly, picking the perfect location for your office requires careful consideration. The wrong choice can have serious implications. How do you make the right decision?

Keep reading to discover 5 tips that’ll ensure you do.

5 Tips for Picking Your Business’ Office Location

Here are 5 tips to keep in mind when deciding where to set up shop with your offices.

1. Consider the Cost

Cost considerations are almost always a factor for businesses. The same goes when deciding your office location.

The prices will vary widely depending on where you want to set up shop. You need to think about your budget and see how far it can stretch to accommodate your other office location requirements.

This holds true whether you decide to lease or buy. However, it’s crucial to consider business rates tax too that’ll vary depending on your location.

Oh, and if you’re renting then absolutely ascertain the stability of your rent. Will it increase exponentially over time?

2. Don’t Think (Or Buy) Too Small

There’s no point in buying a small office location if you expect your business to grow quickly.

Obviously, it’s hard to tell the future. But plan ahead sensibly anyway.

You could choose to rent initially in order to get a feel for your potential growth. If things move rapidly and you find yourself expanding, then a purchase of a larger office space could be justified.

Remember, if you buy then you’ll steadily build equity in your property too.

3. Consider Ease of Access

It’s important to think about your office’s accessibility.

How straightforward is it for your potential customers and clients to find? And what about your employees?

Your company could work in fields as varied as student loan refinancing, public relations, marketing, or any other number of professions!

But in order to attract custom and make it easier for your employees, you want to ensure the office is easily accessible. For instance, it’s always good to be close to transport links and sees lots of people pass by every day during business hours.

It’ll depend a little on your business’s office operations though. If customers/clients will rarely (if ever) visit your office, then accessibility will only really be an issue for employees.

4. Make Sure It’s Not Overly Competitive

Choosing an office that’s surrounded by competitors can set your business back from the outset.

Some competition’s healthy and may even help your business expand. But you can be competed out of the market when it’s too extreme and the competition’s too well established.

5. Consider Your Brand Image

Finally, your office space speaks volumes about your business.

It’s like the clothes you wear on your back. Your company location sends signals to those in your environment, including your customers and competition.

A lush, wealthy-looking location can at once impress your customers or make them question if they’re paying you too much! A drab, outdated area can indicate your business is struggling.

Be sure to think about how your office space will be interpreted from the outside.

Time to Wrap Up

There you have it: 5 Tips for picking the perfect office location for your business.

This is a crucial call with a lot riding on it. You want to make the right decision.

Hopefully, these tips have helped. Remember, think about the cost (and your budget) and accessibility of the property, as well as the potential growth in the coming years. Next, make sure the location isn’t overly competitive and that it sends the right signal about your business.

With these things in mind, you’ll be on your way to renting an office in the perfect location in no time.

Now we’d like to hear from you! What’s your primary concern in choosing your renting an office? Let us know in the comments!

And be sure to contact us to learn how we can help you find the ideal office space.

5 Things to Look for When You’re Trying to Find Office Space

Trying to find office space can be a pretty difficult task, but it doesn’t have to be. Learn what you need to look for in your future office.

So your business is growing and now it’s time for you to find office space that fits your business needs. That’s great! It’s an exciting time for any business, but you need to make sure you find the right office space.

Small businesses in the US are growing and getting more successful, and it’s great that yours is one of them. It’s important to find an office space where you and your employees can be more productive.

find office space like this

Wondering how to find office space that’s right for you? Here are 5 tips to help you.

1. Location, Location, Location

It’s not all about the actual office space, the location of it is important too. You want to make sure it’s easy for people to get to and not too far out.

Does public transport run nearby? Is it in a safe area of town? What about customers, is your office near to them? These things matter and can make a huge impact on your business.

Find office space somewhere that gets natural light and isn’t too far out. It’ll make for a better working experience and employees and clients can access it with ease.

2. How Much Can You Afford?

You could find the perfect office space in the perfect location. But it won’t matter if it’s out of your budget.

You don’t want to be out of pocket paying for office space. It’s counter-intuitive and is bad for business. Be aware of hidden costs like utilities and parking. Think of how much you need them for business. For example, if you run a media planning business, you’ll need high-speed internet at all times.

Calculate these costs and see how much you can afford. If the space costs too much, you may need to re-evaluate whether now is the right time to rent.

3. What Are the Facilities?

The facilities in the building are important to consider as well. They make a bigger difference than you think.

Does it come with telephones or computers? Is there a burglar and fire alarm? Is it a secure access building? How about the kitchen, does it have a microwave or refrigerator? Does it have a break room or vending machines?

These things matter and can help make your and your employees working days a lot easier.

4. Beware of Competitors

Make sure to scope out the area for competitors before you commit to a space. Are there any nearby which are a direct competitor?

If there are, think about how it will affect your business. If they attract your customers to come to them, you could damage your prospects.

Consider how much competition there is nearby and if it poses a threat. Find somewhere else if it’s too much.

5. Does it Feel Right?

The most important thing about finding the right office space for you is for it to feel right. It could have a lot of great points, but it could be wrong for your business in the long run.

If the ambiance is wrong, it affects the mood of your workplace. If the place is untidy, dark or generally bad environment, it will have an impact.

If the environment feels right though, it will be a better place to work and sell from. It will boost morale and productivity so it’s very important to consider.

Find Office Space That Works for You

When you find office space that ticks these boxes, you boost your business a lot. Don’t overspend on space and find somewhere with the right facilities and location. When you have these things, you’re on track for even more success.

Looking for an office space? Get in touch to see how we can help.

Tips to Increase the Security and Safety of Your Bookkeeping Office Space

bookkeeping office surveillance Camera

A secure office space is necessary for both the safety of your employees and the sensitive documents involved in your business. For a bookkeeping business relationship to thrive, your clients need to be able to trust you—and you need to make sure that your business doesn’t fail on this front. Successful bookkeeping companies such as Balancing Books Bookkeeping always ensure that their client information is never misplaced or mishandled.

Here are the steps you can take to increase the safety and safety of your bookkeeping office space.

Secure your perimeter

The first thing you need to accomplish is securing your physical space. Make sure to accomplish the following tasks:

  • Perform risk assessment If possible, consult with a security company to receive a professional evaluation of your office space’s strengths and weaknesses. Otherwise, thoroughly examine your location for weak spots and check the local news for crime reports. Use this information to analyze what security threats you might face.
  • Make a security plan Map out your office space. Mark all client entry and exit points, employee entry and exit points, and fire exits. Identify areas that need to have better lighting, CCTV surveillance, and lock replacements.
  • Determine the security budget Given your security plan, you can now canvass for CCTV prices, lock replacement services, and lighting fixes. These are all one-time expenses, but their maintenance and the salaries of security personnel need to be included in the annual budget.
  • Execute your plans Armed with a well-mapped-out plan and the equipment you need, you can now implement your security plan.

Orient your employees on security protocol

Now that your bookkeeping business’s location is secure, you need to focus on security inside your area.

When you’re handling sensitive information like payrolls, bank loans, and inventories, everything inside your office should be protected and every move should be documented.

Here’s what you need to do:

  • Install a sign-in system Use a sign-in system to monitor who enters and exits your office. You will likely be hosting client meetings or entertaining in-person inquiries; having documentation of who comes and goes will give you a written record of everyone who enters your office space. This is particularly useful in the event of a security breach; a sign-in system will help confirm the presence of persons of interest.
  • Secure important equipment Any company devices or equipment should be in a safe location and should require company identification before being used. No employees should be allowed to bring home equipment, documents, and devices. Documents should not be on full display, especially in areas where nonemployees are permitted.
  • Get everyone updated on security protocol Create a security protocol and make sure all employees are oriented. For instance, ensure that the last person who leaves the office locks up all important documents, examines the whole area, and turns off electricity before leaving the office.
  • Create emergency evacuation plans Have emergency evacuation plans on hand, and properly orient all employees. Regularly conduct earthquake drills, if possible. Ensure that all essential documents are retrievable in cases of emergency.

Invest in digital security

Most of your company’s important documents are probably saved on computers, from client files to business permits. All of the company’s digital data and assets, including your website and social media, should be secured to avoid security breaches.

Here are some tips to follow when it comes to strengthening digital security:

  • Install strong firewall and antivirus technologies.
  • Block malicious and unsafe websites, such as torrenting and streaming sites.
  • Encourage all employees to use strong passwords.
  • Change passwords every few months.
  • Encrypt files and data.
  • Regularly back up all systems and files.
  • Disable printer sharing and wireless printing as some information is temporarily stored on printers when using these features.

Stay on top of security maintenance

You know what they say: hope for the best, but prepare for the worst. There’s no such thing as being too careful when you’re running a bookkeeping firm.

  • Routinely check your office’s security features. Repair any broken locks, lights, or cameras at once.
  • Make it a point to update your employees about scams, schemes, and other potential security threats.
  • Ask IT to report attempted security breaches immediately.

More than anything, make sure your employees are aware of your business’ security. Clients will inevitably ask about how you plan on keeping their information safe; it’s essential to have all that information on hand.

Protect Bookkeeping Office

Keeping your bookkeeping business secure is key. When your clients feel safe and reassured, they’re more confident in trusting you. And with these tips on securing your office space, you’ll have no problem securing success in no time, too.

Big Mistakes to Avoid When Leasing Office Space

leasing office space Mistakes OopsDeciding to lease office space is an exciting step for your business. The way you choose and decide which office space to lease is important to ensure you avoid making big mistakes when leasing office space. You need to make sure that your office is productive for your team, to you and most of especially to your clients. You also need to make sure that the office you choose it will make you and your business grow and flourish.

Considering these factors in leasing office space will affect your business productivity and overall success. Below are some of the bigger mistakes to avoid in leasing an office space.

NOT ENGAGING A TENANT REPRESENTATIVE

You might think we are being self serving on this, but we have seen the mistakes businesses make that do not use a tenant rep. Considering that there is no cost to you, it does not make sense to not have one. The biggest mistake made by tenants in leasing office space is not engaging the services of a tenant representative; thinking it will cost them money. It doesn’t.  A good tenant representative, like the ones we have at OfficeFinder, is invaluable in making sure you find the right alternative, negotiate the best possible deal and avoid costly mistakes. They do this every day and only get paid when you get what you want. And you don’t even have to pay them. It costs you nothing. Most Landlords hire listing agents and the tenant rep will share in that fee.  If there is no tenant rep, the listing agent keeps the entire fee and you are on your own. Tenant rep services will save you money by making sure you do it right with solid information and advice.

 RUSHING

The second biggest mistake made by tenants looking for office space is not allowing enough time for the process.  Far too often tenants will not get started early enough and have to settle for less than they could have had otherwise. This applies to tenants who are looking for conventional space and not executive suite, virtual office space, or co-working space. Typically, a tenant can be in these spaces as soon as the next day or at least within the month. Tenants looking for conventional office space under 5,000 should get started 6 to 9 months prior to their move in date. Larger businesses should start at least 1 year in advance. This will allow enough time to find some good alternatives, negotiate the best deal and have any tenant improvements completed for an on time move-in. This is true even in a soft market. In fact, even more so since there will be many more possibilities to investigate.

Make sure you don’t rush into a decision, remember that this is a big step for your business. If the deals and negotiations did not match your plans, move on and try to look for other alternatives. There will always be a property that will perfectly suit your requirements. Sometimes, DIY is okay, but note that it is very time consuming and may take a lot of your time, time that you’d rather spend it to your daily operation and development of your business. Experts or tenant representatives are the best people to help you. They know the markets inside out and can assist you throughout the process, especially when it comes to negotiations. Viewing, choosing and negotiating when leasing office space can be a long process and time consuming. If you are unsure of what you are doing, your mistakes can get very expensive.

LACK OF COMMITMENT

Keep in mind that leasing an office space is a commitment. there will be a legal contract that will hold an agreement for given length of time. Leasing is a big responsibility, make sure that you study your business and you are “ready” to take new obligation to step up for this new stage of your business. Otherwise, it will just you may end up losing a lot of money on space you don’t need.

NOT UNDERSTANDING THE COSTS

There are more costs involved in leasing office space than just the rent.  Many of these costs are quoted in different fashions so it can all get quite complicated when comparing alternatives. It becomes difficult to compare proposals on an apple-to-apples basis. In fact, it can even become difficult for an inexperienced tenant representative to decipher the various costs involved in comparing different office space alternatives.  Moreover, be prepared for these: Monthly cost, service charges, maintenance costs, insurance and daily operating costs.

Don’t settle to an office that is going to empty your banks and put your business into debt and that will hinder its growth. Make sure you know all of the costs involved.

UNEVALUATED LOCATION

Evaluate all aspects of the office space you are interested in leasing. These will include geographical location, space layout and type of the building to insure a perfect fit for your business. Don’t forget to evaluate for safety, too. There are other factors to consider in deciding about the location. One of the important factors is it good for your employees; make sure it is close enough for employees to commute, near public transportation, restaurants and cafés are conveniently accessible for your team’s lunch break or a simple coffee breaks. Or if you don’t have a team yet, choose a location that has a good population for your potential resources. Evaluate the size of the space that will commit, it is always to good to have exact number of employees to get a large enough space for your team members and an extra meeting or receiving area for clients/visitors.

Another important aspect to consider are your clients. Remember, your office gives a first impression to your clients and it sends messages to them about your business. If you’re in a building that is falling apart, your client may interpret that your business is struggling. Other way, if you are spending extravagantly for your office, clients may think that you are just charging them too much and money just goes to a lavish office space. Safety of the building is also a big factor, make sure that your building has measures being followed for times of emergencies such as fires or earthquakes. Check if the building is guarded for the safety of everyone as well as your physical assets. Not considering these factors may just bring damage to your business rather than growth.

UNCLEAR LEASE TERMS

Make sure that provisions are clearly stated out in the lease. You don’t want to be surprised with the hidden charges, one example is that sometimes landlord will say that utilities are not included with what you have paid and you will need to pay extra for it since it was not officially specified in your lease. Take note that every office is lease is different, but frequently written in favour of the landlord. Think what office lease terms are best for you as a tenant, study the entire lease including rental rates, renewal options, rules and regulations, break clauses, etc. Know what you can customize it before signing a contract. Make sure to check what you’re allowed to do to the space without getting charged for damages.

We hope these tips could finding a great space for your business. Of course, there is a lot more to consider and a good tenant rep, like the ones we have at OfficeFinder, will help make sure you don’t make any big mistakes. Please contact us if we can be of assitance.

WHAT OTHERS HAVE SAID ABOUT OFFICEFINDER

We’d also want to share actual feedbacks and experiences of businesses who have taken advantage of using an OfficeFinder Tenant Representatives

“Our OfficeFinder rep did more than I ever thought that this free service would. I hope that this man gets a Raise. He really went above and beyond the call of duty. I thank him very much.”

-Elizabeth P – Phoenix, Az

“The amount of information I received and the professionalism of our OfficeFinder rep was astounding.  His knowledge and understanding of what I needed was overwhelming. He will always have my business, and I have no need to recommend anyone else.”

-Chris V – Level 7 Productions – Los Angeles, Ca

“I have never rated anyone at this high of a level but Jeff, our OfficeFinder Rep is exceptional.  I don’t know how he could exceed the level of service he has provided for us. I will not only recommend him to others, I will look for opportunities to recommend him.”

-Michael S – New Life Outpatient Center – Davenport, Ia

“Thanks for your follow up.  Our OfficeFinder rep has been extremely helpful in assisting us to find the proper offices over the last several months.  We are now in our new location and I frankly don’t know how we would have done it without him.”

-Jenny M- Xinify Technologies, Inc – San Ramon, Ca