Even though renting a new office space can be exciting, it’s crucial to conduct your research and choose a place that can support the expansion of your company. An office setting can boost team efficiency, establish your company as legitimate, and raise brand awareness.
Assess Your Need for One
Dedicated offices such as coworking space in Bangsar were once required for businesses to function. But many business owners today are perfectly content working from their homes or even co-working facilities. You could save a ton of time and money if your company could operate in one of these other settings.
Pick a Location Close to Your Team
The location is probably your top priority when leasing your first office space if having a dedicated workspace is very necessary for you. You must first make sure that your team members can commute to the office with ease. Alternatively, if you don’t yet have a team, pick a location that is close enough to a hub of talent.
Make sure that it is simple for others to access
When selecting a site, keep in mind your customers as well. Are freeways or other forms of public transportation conveniently accessible from the office building you’re thinking about? Will they have no trouble finding it?
Consider the Amenities You Want Closely
The amenities close by can also have an effect on where you choose to locate your first office. Your staff will likely like working in a location that is at least proximate to eateries and coffee shops. Additionally, you’ll want those places to be close by if you frequently need to visit them for work, such as banks or meeting rooms.
Establish a Strict Budget
Your second main issue will probably be price, following location. Avoid choosing a location that may force your company into excessive debt and limit its expansion. Do the math before you even start looking for a budget so that you can live comfortably.
Plan for additional costs
Renting an office requires a significant outlay of funds. When it comes to the majority of properties, the actual rent is only a portion of it. And if you didn’t factor those extra costs into your initial budget, they might really pile up.
Verify the clarity of the lease
When hiring your first office space, it’s one thing to simply understand what’s offered. Additionally, you must ensure that the lease contains detailed explanations of each of those clauses. Since it wasn’t expressly specified in your lease, you shouldn’t just trust your landlord’s word that some utilities are covered before later being charged for them.
Select a Location That Suits Your Team
Undoubtedly, you’ll need a room big enough for each team member to have a workstation or a seat. However, you don’t want something so big that it would require you to pay for full rooms that you would never use.
But provide some room for development
However, having a little additional room can be beneficial, especially if you intend to expand throughout the term of your lease. It can be beneficial to have even a few extra cubicle spaces or space to add a few desks.
