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Blog

Tips In Finding An Office Rental For A Business

21/8/2015

 
Office desk with computer, coffee cup and reading glasses
It's always important to consider various criteria’s when choosing an office for your business or company. Below is a list of things to consider when making that first step of finding that perfect office space. We have also added some suggestions and tips to help you find a suitable office rental that may benefit your workplace.
Firstly and most important importantly is to think about the budget you have. A good idea is to sit down and work out what funds are available as you can then have a budget in mind when making various decisions about the office space. Remember, look at the rent term you need and work out all the costs that will be incurred during that rent period. If a budget is tight and as contract terms can vary in duration, it could be a good idea to go for a shorter contract term first. For example just a 3 or 6 months period. Contract agreements are always going to be renewable and if things are going well, then you can always just extend the rental term agreement again.

Secondly, a location can be important for the business needs but it can be even more beneficial for current or future employees. For a suitable location, it could be a good idea to study a map of a preferred area just to see how easy it will be to travel to the office. Remember, travel is quite a key element these days for meeting clients or even to get to work and a quick and simple route will make a day less stressful for the staff and yourself. It will also play a big part in keeping or employing staff too as a difficult journey can be a big turn off.

Thirdly is the IT systems, as businesses rely heavily on communication systems such as broadband and telephones, it could be worth investigating what speeds are available at the location and whether it is suitable for your company needs. If internet speeds are slow, then check if it is possible to increase speeds and how easily achieved this can be. In addition to this, it is always good to know what comes with the office and whether there is sufficient cabling infrastructure internally. The last thing you want is to have additional costs for rewiring a suite.

Fourthly is company growth. As we all know, an organization might need to expand over a certain amount of time and sometimes more sooner than we anticipate. If this is necessary for your business then this might be poignant point to revise. All offices for let have different advantages and disadvantages so it is vital either to allow for a larger space for extra staff members or to go for a short-term contract to give flexibility to another office move to a bigger space. Serviced offices do allow this kind of flexible movement as they have optional durational contracts and in most cases, various other sizes on-site in order to upgrade.

Lastly, it is probably sensible to grab a notebook and pen and to write a list of things you need from the office you choose. It’s all very well finding the location and getting the budget right but how about if you need for example access to the office twenty-four hours a day or Air-conditioning. It is highly recommended to sit down and think about this carefully as it may be vital to your business. Whether you are looking for a leased, managed or serviced office for let, here is a criteria list on this web page that will help jog the memory for those important features that may be necessary.


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    Author

    Silvio Schifano
    ​
    Experienced office rental consultant in London.

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