How To Find The Perfect Office Space For Your Startup

Most small businesses and startup companies have very modest beginnings. You may have started your entrepreneurial venture working at your kitchen table or in your garage. Once you start making a regular profit and bring in your first employees, it's time to start thinking about finding an appropriate office space for your company.

As a business owner, you are always looking for ways to save money while expanding your business. Finding an office space that will help you and your employees to stay organized, increase your productivity and allow for future growth can be a challenge.

Looking for a new office space can be both exciting and stressful for owners. It’s a good idea to have a clear plan for your space and get advice from a commercial real estate expert like the pros at jefftaborgroup.com. If it’s your time to expand, there are a few important things to consider when looking for a new office space to rent.

Find An Agent

Finding and leasing a commercial office space is not the same as finding a new apartment. It’s a good idea to work with a commercial real estate agent that knows the availability in the area and can help you navigate your office space search with confidence. Your agent can work with you to discover exactly what you need, what you can afford and what kind of space will allow your business to adapt and expand.

Know What You Need

Once you lease an office space your expenses will increase so it’s important to know exactly what your budget is to help you stay on track. Keep in mind that it’s okay to expand your business in stages.

Choose an office space that will fulfill your needs during your next stage of growth and then you can expand again when necessary. It’s better to find something that is suited to your needs than overextend your budget with overhead costs that aren’t necessary yet.

Interview Landlords

Take some time to meet any potential landlords in person. Ending up with a bad landlord can be really stressful. Talk to other tenants about their experiences with a landlord to help give you a better picture of what to expect. It’s important to trust your instincts and only commit to working with a management company or landlord that has a good reputation and gives you confidence that you will be in good hands.

Choose A Location

Any real estate expert will tell you that the most important factor in choosing a commercial space is the location. You want to find a place that is convenient for both your customers and employees to find and access.

Consider the neighborhood and what kinds of businesses and amenities are in the area. You don’t want to end up renting a space that is right beside a competing company or in an area that is not going to reflect positively on your company brand.

Finding a new office space is a challenge that needs serious consideration. When you work with an agent, do your research about the neighborhoods that interest you and set a realistic budget that will get you what you need. You will be on your way to finding just the right office space for your company.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes