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office space

Things to consider when looking for start up office space

Posted on July 8, 2022

Are you starting a new venture? If so, you would be looking for office space. The expenses for office lease or rental could be a major one. This is why you need to spend time to ensure you get the best office space that is cost-effective.

To help you, we have some guidelines to keep in mind while choosing office space. These guidelines will help you get the best office space for your startup.

Finding the best startup office space

1) Find the right location

Location is the key whenever you are looking for office space. You need to find a location that is convenient for your employees to travel. It must also be convenient for customers and visitors. A location on the city outskirts can save you money but it can make travel difficult.

The location should be in a good area that is convenient and safe. All facilities an office requires need to be available in the vicinity. The location should have good transport connectivity. All these will help you find the ideal location.

2) Consider flexispace

A good idea for a new startup to save money is to opt for flexible office space. Flexible office space, also referred to as flexispace is usually shared space. When you choose a shared office, you would be sharing your office with other companies, usually other startups.

This helps you save money on rental. It can include co-working spaces with common areas and shared facilities like front desk, administration, etc. Flexispace can also refer to a creative office layout that helps you use space optimally.

3) Look at the price

 

For a startup, saving money is vital. Money saved can be used for your core activities to help you create a better product and market it better. You need to find an office space that offers you a competitive rental price.

You need to start by researching rental prices to understand the market price. Then compare different options to choose the best priced one. Look for any hidden costs that may crop up later. Do a proper comparison before choosing an office space whose price meets your budget needs.

4) Keep office culture in mind

Your office should be in line with your office culture. If your office culture calls for having regular team activities or breaks, then you need office space to support these. The office space should have an ambience that makes working a pleasure for employees.

The office space should also be attractive, so any customers visiting would be impressed. This doesn’t mean you have to splurge on interiors. Look for a compact yet appealing office space.

5) Keep future needs in mind

While cost is a key consideration for a startup, you also need to keep future needs in mind. Your startup can grow very quickly, and you may need additional space. Look for office space that can meet those needs.

This is a key requirement, which will help you ensure you have room for future growth.

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