5 Things You Need to Keep in Mind Before Renting an Office Space

Posted on March 07, 2019

Renting an office space can feel like a daunting task. Especially if you do not know what your revenue will look like 6 months later. Your office should not be too pricy or lock you into a lease that you cannot get out of. At the same time there should be room for you to grow and expand as your team grows. Here are some things you need to keep in mind before taking that step and renting an office space.

Talk to your team

Renting an office space is a team decision. If you move to an office space that is inconvenient as a commute, has few or no lunch options and doesn’t have enough space for your employees then you would be doing a disservice to yourself and your employees. Renting an office space is a team decision, before renting or even beginning the process you should begin with an open discussion with your team on what location would be convenient, what amenities they would need and any other facilities that you might not have considered.

Budget

Now you have a better understanding of what you will need and where it might be. Wait, it’s not just time to make that call yet. You don’t want to spend all your money on getting the best location possible, leaving you in a financial crisis. You need to begin by crunching the numbers and figure out what your budget is. Budgeting also includes any extra expenses that might pop up. Will the landlord pay for utilities or will you? Is there a WiFi provider? How much would a provider cost to set up. All of these aspects should be taken into consideration and accounted for in your budget.

Who to call

All of these steps can seem a bit overwhelming to someone who has never rented an office before. This is where office space providers like AccessWork come in. AccessWork has a website where you can contact them, ask them for advice and even rent an office space. With AccessWork finding a fully furnished office for rent in Thanerenting a commercial property in Gurgaon don’t feel like fantasy anymore.

Leave room to grow

Your office space will be the true face of your business. You must consider just how your office looks to others. Aside from chairs and desks you will also require meeting rooms, someone to carry out your administrative tasks and finally some space to grow as your business expands. As your business grows so will your team and your requirements. It is always a good idea to keep your plans of expansion in mind and leaving some space for your business to grow.

You need to read your lease carefully before signing it, you do not wish to be stuck in the same place as you outgrow, sell or fold your business venture. You need to have a plan that will allow you to get out of the lease in any of these possibilities. While it may look daunting today, all you really need is to have some faith in your brand to do well. As you face obstacles you and your company will grow stronger with each day. 

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