4 Things to Consider When Choosing your New Office Space

by Startacus Admin

Purchasing or leasing a commercial office space is a significant step, whether you are relocating or have only recently launched your venture. There are a number of various aspects that require careful consideration, from bottom line cost to the length of the lease and your plans for future expansion. The process of selecting a property is even more challenging when you consider the levels of competition in the marketplace, so there is a pressing need to think strategically and assess your individual options with great care.

4 Things to Consider Prior to Selecting New Office Space

With this in mind, what are the 4 key considerations when choosing your new office space? Keep the following points in mind: -

1. Space and Character is of Pivotal Importance: Your new office space is far more than just a place to work, as it in fact serves as an extension of your business and its fundamental values. Leasing a cramped or cluttered space offers a bad reflection on your firm, while also creating a poor first impression among potential clients. To help avoid this, take the time to consider the values of your firm and the type of working environment that you would like to create for your staff.

2. Consider the Total Cost of Procurement or Leasing: When you peruse your range of options, it is important to remember that commercial lease prices are typically ‘net’ of the overall cost. This means that the gross sum includes all additional costs, so it is important to calculate the exact value of the lease and measure this in line with your existing budget. You also need to factor in the cost of tenants insurance, as this is required to protect your business assets and equipment.

3. Remember that Furniture, Fittings and Layout Can Help to Develop a Workplace Culture: The shape of your office space is another key consideration, as you can use this creatively to create your desired workplace culture. If you are hoping to empower your staff members and instil the virtues of honest communication, for example, you should consider leasing a space that is open plan and allows your employees to work as a close knit team. Furniture and fittings can also be used to achieve your fundamental goals, so try to develop of a vision of your dream office when you visit potential properties.

4. How Accessible is your Office Space?: As you look to create and execute a vision of your ideal office space, it is all too easy to lose sight of the more practical considerations. With this in mind, it is important that your new office space is accessible to both visitors and staff members, as logistical issues could impact on your firms levels of productivity. This is especially relevant with regards to employees, who must be able to travel to and from work comfortably on a daily basis without having their work-life balance compromised.

Author Bio: - This post was written by Lewis on behalf of Official Space. To view a comprehensive range of commercial properties and London office space, visit the firm's website today.

 

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Published on: 22nd May 2013