You shall always choose the place as per your availability without risking your business at the same time. Choosing right office space for rent is very important as it could affect the business directly and could have repercussions. The wrong location could increase the cost of employee and client. You shall make and consider the facts before renting a place for office like the size, rooms required etc.
Price plays an important role, but features of a building and the quality of Landlord services are important considerations in property selection. There are several key points to be kept in mind while choosing the office space for rent.
- Explore your requirements
Make a list of all your requirements and while checking for the office space these shall be kept in mind. Any of the requirements shall not compromise the business. Consider the nature of your business before selecting the space. Poor planning could lead to the cluttered workplace which could cost the business. The ideal business space shall let you and employees explore the nature of work and enhance it.
- Cost Effective
The landowner goal is always of profit from the tenant. Before finalizing, calculate the total costs of moving your business to the new place including the cost of renovations and installations. It should be worth every penny that your business will spend on monthly rent charges. Make sure to read the contract thoroughly as it could have some hidden contents which could be hazardous afterwards. Do not be in hurry read every document and calculate the land charges by comparing with land rates. Capitalize on building efficiency improvements such as the HVAC system or energy-saving switches, which ultimately save money.
Infrastructure is the major key in selecting the office space for rent. It creates the feasibility if the space selected is defined and well structured. HVAC systems shall be included with the cooling facility and energy saving switches to make it cost efficient too. Business with I.T. and phone providers require a redundant fibre loop, they will also be the wrong fit for a building that lacks HVAC system. Some companies need the ability to install a backup generator for critical 24/7 operations in case of power outages and a particular space may not have the ability to provide that capability.
The management of the space is in hand of tenants, before setting up the office one shall compare and check with the fellow building tenants. One shall check each and every facility required by the business perspective. The major checks made shall be on manager’s responsiveness and the quality of the management, engineering, security and janitorial services.
It is the biggest buzz for the business and also for the office space for rent. Local governments have mandated green buildings. Businesses are increasingly moving this building attribute from the “nice to have” category to the “must have” column as the supporting and branding factor.
You shall also check for the green building and the green building versatility before taking the office space for rent.