7 Things to Consider Before Finalising Your Office Space – Just Another Entrepreneur Thing

An ideal workplace is where ideas are turned into revenues. If you are an entrepreneur and have come far enough to a point where you need a real office space, here are a few things you will want to consider before making the final buying or renting decision.

Infrastructure

Infrastructure may not be the first thing you should look for in an office space, but there’s no going around it either. You will want to have the best technology, resources and amenities this modern world has to offer. How strong is the mobile network in the confines of your office space? This is important because you don’t want call-drops when in the middle of an important conversation with a client or business prospect.

Is there sufficient power back up to keep your office equipment running for a whole day? How clean and well-equipped are the restrooms? Does the building have provisions, such as water boosters, to ensure adequate water supply? According to FLOWMECH, a majority of office buildings receive inadequate water pressure, which is one of the things that upset business owners.

Accessibility and Proximity

Your office space should be in proximity to your clients, business partners and suppliers. The farther you are, the more time will be consumed in travelling and transportation, which may also add up to your monthly expenditures.

Another aspect to consider is accessibility, and when it comes down to it, you need to factor in more than your own convenience. How accessible is your office space for employees, customers, suppliers and people with physical disabilities? If it’s located on the city’s outskirts, how well are the connectivity and public transportation?

While most of your employees and customers will use a car or a bike to get to your office, having a proper parking space is essential too.

Legal Documentation – Stop and Think before Signing the Dotted line

It is common for tenants to find themselves locked into disagreeable terms with the landlord. If you are leasing a property, it is advisable to have a word with your lawyer so that you do not get into something you didn’t want to. Your lawyer will make sure the agreement works for you and not against you. If you are leasing or renting an office space for the long haul, you should never undermine the significance of legalities involved in the process.

If you don’t find a clause related to repair and maintenance in the agreement, you should enquire about it to avoid any conflict or disagreements in the future. Your objective is to make an informed choice. Therefore, the more information you have, the better.

Workplace Environment

Does your prospective office space come with a promise of a better work environment for you and your employees? Even if it’s like a blank canvas as of now and requires a little bit improvement, do you feel you can make it motivating enough? More than the perks and incentives, employees appreciate the work environment. If you can give them an inspiring work environment, they will return the favour by delivering their best work, every day.

Virtual Space is Always an Option

If you feel there’s still a long way to go before you register your permanent address, you can rent virtual office space to schedule interviews or hold meetings with clients and business partners. With a virtual space, you will also have a professional mailing address to put up on your business card and receive official letters.

More than being your own boss, having your own office space comes with a bigger reward. It’s an important decision that should be taken after looking into your budget and objectives. If you are someone who is burning the midnight oil and looking for office space, these tips should come in handy.

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