To ensure that you are building a great work environment, here are some things to think about when choosing an office space that is perfect for your company. To pick the right space, you will want to pick the office space that works for your unique company. An important part of choosing the right office space is choosing a place that gives your business the space to grow.
Choosing the right space for your company is a crucial part of building your business. As with so many things in business, having a plan for choosing an office space that is perfect for your business and your work needs is essential. In this article, we are going to take you through the main factors you should be considering to help you choose the right office space location for your company. Choosing the right office space location involves thinking about not only your employees, but your clients and suppliers, as well as their comfort.
When considering your goals for the office, you can look for a reliable commercial real estate agent. Do not only consider the number of employees that you are going to have, but the office gear you are going to have to install. Determine whether the office space that you are looking at will accommodate changes to infrastructure as needed by your company. Infrastructure needs for your new office space include factors such as the floor plan layout and the surrounding environment that space provides. Before you start looking for your new office space, consider property valuation Melbourne and work with your teams to build a budget, which includes both one-time and monthly costs to find, prep, move to, and maintain your space. Whether that is local taxes, rent, or other fees associated with the building you chose, make sure that your moving costs are reasonable. You do not want to pick a place where rent costs are greater than the revenue your company brings in. If you are leaving a downtown location for cheaper space in a suburban area, think about whether lower costs are going to offset the possible loss in customers.
It is tempting to splash out on office space that is going to wow your clients as well as your newest employees, but before doing so, be sure it is (a) essential for the success of your company, and (b) priced at a level that you can afford, even when sales are slower. If you need to lease slightly more space than you need right now, consider renting some offices out to professionals in your community looking for flex space to offset costs. My advice when renting an office space, no matter what type of company you have, is to rent something that meets your needs from an amenity’s standpoint, but most importantly, is large enough to allow you to grow. No matter what type of business you own, your office space should be a pleasant place for your employees to work, and a compelling destination for your clients to visit.
By pairing that vibe with the right business district, you create an office space that is perfect for the needs of your company. Choose office designs that meet your employees needs as well as your company’s workflow. By choosing an office design that is well-located, clean, and comfortable, but not extravagant, you will save money you will need to invest elsewhere in your business. Some businesses need open plans, others want a private office to handle confidential client work.
Some corporate offices need small spaces, while others require larger ones. Dempsey notes that certain types of businesses may require even more space for instance, a law office, which requires offices for each partner and storage of files, may require as much as 300 square feet of office space. If, for instance, your employees require larger desks or more storage, bump that to 70 square feet per person accordingly. A too-small space could impact productivity, so it is important to test-fit, realistically calculating how much room you need for staff, furniture, and equipment.
There is no question that an overcrowded office can decrease productivity, so do not skimp out on floor space. From the importance of space to concerns over the culture of your business, there was plenty to consider before investing in office space for your startup but by finding somewhere that checks all the boxes related to your company, you can feel confident you are giving your fledgling business the room it needs to grow. Finding a new workspace can be a less scary process once you know what you’ve got your sights set on, how much space you’d need for your team, your move-in timeline, and budgetary requirements.
If, after doing a deep dive into your search, all the offices available to lease are still well beyond your budget, you may consider setting up shop in a coworking space. If you are targeting white-collar clients, then either a traditional office building or downtown co-working spaces may be your best option. Having enough parking space will be especially important if you’ll invite clients to come visit your headquarters regularly, and it’s probably worth considering if your office needs to be wheelchair-accessible, either for your own team or any visitors.