If you have stepped into the market looking out for an office space, you must be aware that what you choose is really important for your business. The office space doesn’t just affect the day-to-day operations, but also the staff morale, brand image and there are so many things that get affected by the office space you choose.
Yes, the first and foremost thing to consider is the location where the office is set up. It doesn’t matter how big the space is when it’s not in the proper location. When you come across a space, there are a few points you need to think of. Firstly, Will your clients be able to reach the office without any hassles? Next, Can your employees get there easily? Does the location suit to your business type?
If you think that the space meets all the above mentioned criteria, it certainly must be a good location. You also have to consider what’s around! Is there a coffee shop or a restaurant? These common things are really important to keep your employees and clients happy.
Price is definitely the most important factor for many companies when they are in the search of office space. When you spend too little, you might end up in the space which you are not happy with, and you will have to leave the place after a few months. On the other hand, if you spend too much, you might have to struggle to pay the rent, and again you will have to move out. Both the scenarios aren’t ideal.
So, while choosing the office space, make sure that there are no hidden costs like maintenance charges, parking charges and so on. Also, do a quick comparison with other office spaces in the area and make sure that the amount you’re paying is worth.
Both the above mentioned factors will obviously influence the size of the property you prefer. As we all know, normally it’s recommended to have about 70 square feet space per person. But you know the needs of your business better; if your employees need more space or bigger desks, you will have to figure it out appropriately.
Also, the office space needs to have a meeting space to meet the clients, or colleagues for any discussion. And you must be aware that, cramped office space will undoubtedly reduce the employees’ productivity.
For some businesses, infrastructure plays a very important role than all the other factors. There are number of businesses that can run efficiently without the need for an internet connection. But some offices include internet access as a part of their rent. So, when you are leasing a private space, you will have to factor in the cost of getting an internet connection and also the monthly payments.
However, the reliability and quality of the connection matters. Absolutely there‘s no point in paying for a service that gets interrupted quite often.
Infrastructure doesn’t just mean the internet connection; you will also have to think about the telephone and postal services, as postal service has still remained crucial for signed documents and some physical items.
Style is quite often pushed into the minds of people when they are in search of office spaces. Though it’s advised to give more importance to the above mentioned four factors, style can also be an important factor for some business types.
If you are into a business trying to establish the brand or to maintain the brand image right from the start, then you will have to consider this as an important factor while choosing the office space, as it can be a fantastic branding tool. Just check if the space is in line with the industry you are in. Also, see to it if you are allowed to customize the office space. If the answer is no for any of these questions, then you will have to reconsider the space!
When you are aware of these five main factors, surely that you’ll settle up in an ideal office space that suits your business. It’s you who know your business well, so do a thorough research and go with the best one.