5 Important Questions to Ask when Looking for an Office Space for Lease

25 Jun, 2018

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Renting or leasing an office space is an important step for any startup company. It is common that people who are renting an office space for the first time start looking online or in classified sections. However, the most important aspect of starting the office space hunt is to have a clear idea of what you need. If you’re looking for an office space for lease or an office space for rent, answer the questions below to see what the best course of action for you is.


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  1. What Are the Real Goals You Want to Achieve with Your Office?

An office is much more than a physical space. This space must be synchronized with the goals that you have, which are determined by the moment your company is at the moment. Do you need an office to start operating as soon as possible? Is your company expanding and you want to position it in a certain niche?

  1. Do You Want an Office Just for Your Company or You Don’t Mind Sharing It with Others?

The answer to the first question will help in answering this one. If you are a startup, it is a good idea to share the office space with other companies, since it will save you costs. It will also help you open new business opportunities because you’ll be constantly interacting with people from other industries that may do business with you.

  1. What Is the Best Location for Your Office?

Your office’s location must be according to the type of service or product your company offers since every geographical area transmits a different message. You also must have into account how the competition is in the area, how accessible and easy to find it is for clients, and how easy to access it is for your employees.

  1. How Big Must the Office Space Be?

Knowing what area and the ideal distribution your office must have is essential. Some elements that must be considered is the model of office you need (open space or individual offices or cubicles), the expected growth in the next three years, and the image that you want your company to project.

  1. What Is Your Budget?

Knowing how much your budget limit is will save you time since you won’t visit office spaces that exceed your budget. To calculate it, you must consider the initial investment and what the monthly fixed costs are.

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