Choosing the right office space can be a daunting task, whether you are a new business, expanding your company or approaching your lease renewal period. Hopefully these tips will help your decision.
Firstly, you need to consider what your company, staff and customers will need from your office space. As a result you will need to think about its location, its size, and, of course, what budget you have.
If you are thinking about taking on office space, whether you’re moving from an office at home or moving the location of an existing company, you will need to consider the best time to do it. Simple considerations such as when your current rent agreement expires, or researching whether it is financially viable for your business to take on office space at this stage are a good place to start. There are also other factors to think through, for instance, if your company were going through a re-brand or re-launch, this could be an ideal time to look at changing location.
They say location is key, and where you have your office space could be critical to your company. You may need to take into account where your clients are located and whether they are likely to be visiting your offices. For example, consider whether you need car parking spaces available and a train station nearby.
Taking office space obviously affects your bottom line so you need to look at how much you can afford. Some office spaces offer a rent-free period or offer incentives for long-term rentals. Conversely you may need to pay a deposit. If you are considering moving from your home office to a rented office, remember this will represent a considerable outlay for your business.
When looking at office space, not only do you need to think about who is going to be visiting your office space and consider parking, location and train links, you will also need to consider your staff, where they currently live, and where you hope to employ from in the future. Will they be able to get to your office space? Will they like the office space and want to work for you there?
Having office space might make or break you as a company. If you were looking to grow your business, establish your brand, and demonstrate that you are a company to be trusted, acquiring office space could be just the thing you need. When clients decide between companies they will look at a variety of things before they make that final decision. Your website, promotional material, even your business card will play their part but having office space would clearly show a potential client that your business is a viable one.
Call us today for more information regarding your potential office space on 01702 511222 for our Leigh-on-Sea branch, or 01376 388522 to contact Witham.