Important Considerations Before You Lease New Office Space

By |2016-11-01T03:33:27+00:00August 18th, 2016|Blog|

 

August 2016 – If you have outgrown your “home office” or are on the lookout for new office space to rent, there are a couple of questions that you will need to address before you put pen to paper and sign a lease for your new office space.

 

As a business owner, you will already understand the importance of having a proper strategy in place to meet your business objectives. When it comes to office space, it is just as important to understand your office space objectives and to put a proper strategy in place for this as there are so many variables at play.

 

How Cost-Effective Will My New Office Space Be?

One of the major factors to consider will always relate to the cost-effectiveness of potential office space, especially in the early stages of your business. A reputable landlord will understand that in today’s competitive environment, an office space rental agreement should include most, if not all, of the following benefits;

 

  • Professional Reception area & services
  • Free Wi-Fi
  • High speed internet
  • Flexible office space
  • Fully furnished offices
  • Fully equipped meeting & conference rooms
  • Flexible leases
  • Documentation station
  • Postal & courier services on site
  • Office Manager on site
  • Easily accessible restaurant / coffee bar
  • On-site, secure parking

 

Is My New Office Space Strategically Located?

The location of your new offices should ensure safe and easy access, near major routes for both clients and employees. Office space that is located in or close to prestigious CBD will have the added benefit of enhancing your company brand. Secure, on-site parking will also contribute towards a favourable response from your clients and employees.

 

How Will My New Office Space Increase My Business’s Operational Efficiency?

When searching for office space, you will need to consider premises that will cater to your future business requirements, should you need to up or downscale your office space at any stage. Landlords should be considered who offer this office space flexibility and allow you to do this without incurring penalties.

 

Ideally, you would want to consider a provider who is able to offer the different office space configurations below for different business requirements according to your business growth;

 

  • Virtual Office Space

 

At the end of the day, your choice of office space really comes down to how it will affect your business strategy, operations and productivity. A worthy landlord will be one that realises this and takes a personal interest in assisting your business to succeed, wherever possible.

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