One of the most exciting steps for a small business is acquiring new office space. Location, features, and design contribute to employee happiness and wellbeing. Office design can also have a huge impact on employee productivity while working in an office.
Whether you choose open offices or cubicles, this guide will go over how to find office space for small business that works for your budget and needs.
Determine Your Budget
Nothing is worse than finding an awesome office space only to discover that the price is way over your budget. Calculate a conservative estimate of your expenses such as the cost of equipment, decor, coffee makers, or any other office essentials. Being realistic about your estimates ensures that you won’t go in over your head.
Leasing vs. Owning Office Space
Finding office space for lease is a great option for people who don’t want the responsibility of maintaining the property. It also offers the lessee the ability to move whenever they desire.
When you lease, you’ll always know exactly what your monthly expenses will be. Consider this option if you’re a growing business on the move. Buy your own space if you see the office as a permanent home.
When moving spaces, consider an office moving company. This ensures you can quickly move between spaces and have a trusty crew to help.
Types of Office Space
Traditional office space is private and quiet. Think of spaces where everyone has a designated area to work in. These are great workspaces but are typically the most expensive option.
Shared spaces are great if you don’t mind sharing. This is a great option if you have a tight budget and find a like-minded company to get office space with. This is a louder environment, but you’ll be saving a lot of cash.
Temporary space is great for businesses that don’t need physical office space. If your employees are traveling more than half the time, don’t waste money on physical office space. It’s great to rent space occasionally for in-person meetings.
Coworking spaces typically offer a selection of office space, open office space, and up-to-date tech. This is the option that offers the greatest amount of choices for employees, whether they work best in a private or collaborative workspace.
Where are your employees based? If you’re acquiring a physical office for the first time, consider where the majority of your current employees are working remotely from. If you’re moving spaces, consider the additional time your people need to allocate for their morning commute.
Additionally, you can think about the curb appeal of the area. Are there bars nearby where employees can bond after work? This is just one of the incentives employees will have to come into the office and get immersed in your culture.
What Is the Office Space For?
Are you a small business that needs a lot of employee workspace? Do you need a showroom floor? The answers to these questions will determine the shape and square footage you need for your office.
Having a personal vision of what your office space is used for will help you zero in on the perfect location. Think of the neighborhood or city streets that your office is on. Does your space make sense there?
Pack up and Move-In!
Your office space is unique to your business size and ambitions. There is an option out there for you. We hope this article has brought you closer to your goal.
We are dedicated to helping you take the next big step in growing your business. Explore our page if you want more advice on the current trends impacting small businesses today.