7 Questions to Answer Before Settling in an Office Space
Picking the right office space can make or break the business. The place helps clients identify if the company is the right choice for them. Meanwhile, potential employees look at the office decide if it is the right place for career growth and a second home.
Whether a new or a growing business, you need an office space to pursue your daily operations. Therefore, you need a guide to find which office space is the best for you. Below are the questions you need to answer before settling in an office space. You may use the questions as a guide in selecting the best office space for you.
1. Is the building in a prime location?
Choosing an office location is like selecting a neighborhood to live and settle. You must be in a place that is close to your target market, potential talents, and facilities. The office space must be in an accessible spot for everyone.
Properties like those in Tagaytay Prime Residences bring people from the Sout close to modern offices and state of the art facilities. Job hunters and other unemployed population look forward to these businesses. They provide a job without having to travel far.
Clients also prefer being close to establishments they trust. They prefer to stay away from the long commute to meet a business partner. All of this makes it necessary to check if the business is in a prime location.
2. Does the building follow local regulations?
Some areas have building requirements. They require a specific height and a few amenities such as security measures. Before you sign any leasing contract or pay the reservation fee, you must look into the local regulations and building laws. Ensure the building or property follows them.
3. Who will do the repairs?
Repairs and maintenance are expensive. The price and cost of repairs depend on the extent of the damages. Too many renovations can place the company at a disadvantage if the landlord is not the one who will take care of them.
The task of who does what must be clear to you and your landlord. Make sure to include the stipulation in your leasing contract. If he or she handles the repairs, he or she must ensure that they attend to repairs without any inconvenience to your business.
4. How will the office look?
Other than branding, the office space is a determining factor of how people will view your business. You must ensure the area portrays the image you wish to send your clients. You can control this aspect by selecting a business space that allows expansion and renovation.
Some buildings and leasing spaces do not allow for a new paint job or wall replacements. It's best to clear this with the landlord before signing the contract. The office space must also allow growth. It must have enough space for equipment and furniture. It must also enable the movement of people in case the company plans to expand within the years of the lease.
5. Does it have parking spaces?
Can the building or property have enough parking spaces to accommodate clients and employee vehicles? Parking is essential, especially when the office is not accessible thru public transport. Think about the parking situation considering the parasols to be used instead of bricks and make sure there is a space for everyone before you settle in the area.
6. Are there conference areas?
Meeting rooms or huddle areas are vital to companies. Often, startups and growing companies forego their need to have a private meeting room to cut expenses. Thus, it is a must to determine if the leasing contract provides access to facilities such as common boardrooms or meeting rooms.
7. Do you need an expert?
Often, a checklist is not enough to determine if you need the office space or if you found the right location for your business. Creating your list may be overwhelming. Hiring a professional or consulting an expert can make property selection easier and much simpler than by doing it yourself.
8. Does the rent exceed the budget?
A business has operating and startup costs. You must add budget to your deciding factor before settling on office space for rent. If you have a budget, you must stick to it before you decide to get a big space for your operations.
Selecting an office space is not an easy decision. You must take note of your expenses and the fees you pay before you can settle on a lease contract. Besides financial issues, you must also consider other factors that will affect daily operations.
These seven questions serve as your guide in selecting a prime location for your new office. These inquiries push you to look beyond what you see during your site visit. Most of all, it guides to look for the most suitable location to have an office.
I am is a freelance writer, blogger and a business enthusiast. I love also to travel and explore new things. I just find myself happy with the simple things and Appreciating the blessings God gave me.
- HOG Furniture