4 Tips To Help You Find The Perfect Space For Your Startup
It's a problem every startup faces: you know you need a cool office, but there's never enough money to go around. You have a great idea, but the landlord has no clue. And so begins the search for the perfect space that doesn't cost an arm and a leg. Therefore here are some useful tips on how to help you find the right space for your startup.
How Much Can You Afford?
Ask yourself exactly how much money you have to spend. Make sure that the rent does not exceed your budget. Make a list of what you need, and what would be nice to have, then go online and do your research.
You may also consider renting out a shared work space for a start as it will surely save you a lot of money. The rental rate will depend on what kind of business you run as well as what amenities your company requires.
Some workspaces offer included parking while some also give you access to shared conference rooms and common areas so these costs should also be taken into account. The best way to determine if a shared workspace is right for your business is by speaking with a representative and seeing what your options may be.
A lot of people don't think about it, but the location is everything. If you're in the process of building a client base, you want to find an office that's accessible to your potential customers or clients.
The same goes for access to transport and proximity to an airport if necessary. It's also good if the office is located near other companies in your industry. That way, you have a chance to meet people and form new successful partnerships or alliances with other business owners.
A good example of this is a shared workspace as many entrepreneurs often congregate at the same location allowing for plenty of opportunities to connect and expand their network.
Keep Technology In Mind
You want to have a space that's going to accommodate your future growth plans. If you're going to be looking for new employees soon, then the office should either have room for expansion or maybe even a floor plan that can easily accommodate additional people.
This way, you'll save money on renting out extra office space in the future. It also means having access to proper infrastructures such as power outlets and WiFi capabilities so make sure these are readily available from the time you move in.
You may also want to invest in a stand-alone business phone system if only a few of your employees will be working at the location while others work from home or their offices. At any rate, it's good if there is a reliable connection to the internet and if it's stable enough for your business needs.
Get A Feel Of The Office
This is very important: before you sign a lease, you must go and visit the office in person. This will give you a good idea of how well your company will fit into the space. If possible, try talking to current tenants or the building management team to find out how they like working there, what are their biggest complaints about the area as well as what amenities are offered.
It should also be easy to reach by phone or email even after hours since many companies continue to work at odd hours or on weekends.
Also, speak with other entrepreneurs who have either worked from this location or are currently doing so. You'll learn a lot from their personal experiences and you can also use this as an opportunity to forge new connections.
While it's very easy to feel overwhelmed with the task of finding an office, if you stick to a set budget and narrow down your options based on the tips we have mentioned in this article, then it will be much easier. The trick is research and making sure that everything from location to infrastructure matches your business goals.