Are you looking for new office space? You’re in luck! We understand that looking for a new office space can be a confusing experience, which is why we are here to help ensure you make the right decision for your company. After all, this is your prime opportunity to ensure your employees are equipped with everything they need – and might need – moving forward! Regardless of whether you are finding the right office space for your small business or larger corporation, find five questions to ask yourself while looking for a new office space below.
- Are There Any Hidden Costs I am Not Considering?
When it comes to looking for a new office space, before you decide whether your chosen office is right for you, it is vital to consider if there are any hidden costs you are unaware of. Before you settle on your new office space, it is paramount that you calculate the full cost of the space, including the cost of rent, utilities and various moving expenses. It is paramount that you also consider construction costs.
- Is There Sufficient Room For My Company To Grow?
Once you are happy that you have considered all the relevant costs of your new office space, you should consider whether there is sufficient room for your company to grow. Whilst you must consider your company’s needs, taking into account the future of your company is just as important in order to avoid repeated moves. If you are unable to afford additional office space required to allow your company to expand, it is a good idea to attempt to negotiate a shorter lease term, so that when the time is right, you can find a more compatible office space.
- Is It The Right Location For Employees?
Now that you are rest assured that there are no hidden costs and that there is sufficient room for your company to grow, the next question to ask yourself while looking for a new office space is whether it is situated in the right location for employees. In order to dictate whether your new office space is in the right location for employees, you should consider where your employees live. Nevertheless, it is paramount to remember that an expensive commute may push your employees to seek employment closer to home!
- Is The Location Convenient For Clients?
As well as considering whether your new office space is situated in the right location for your employees, it is paramount to consider whether the location is just as convenient for client to get to because as fees associated with transportation increase, people may not be willing to travel far in order to visit your company. Just like deciding whether the location of your new office space is right for employees, you should take into account the expense of clients visiting your office, as well as the time it will take for them to arrive.
- What Is The Parking Situation?
The final question to ask yourself while looking for new office space is what is the parking situation will be like. Depending on the location of your new office space, you may not require a large car park. After all, if your company is situated near a bus stop or train station, your employees may be in favour of using public transport. If not, it is vital to consider where your employees can park cheaply, if not for free. If the parking is tight, is there a convenient alternate spot? Whilst you should not rule out parking tickets, they will need to be taken into account when it comes to deciding your budget.
There are countless things you need to take into consideration while looking for new office space, from deciding whether the location is right for you, your employees and clients, to making the most out of the parking situation. Most importantly, however, you should consider whether there are any hidden costs you are not taking into account while looking for a new office space, such as the cost of rent and utilities, in order to ensure your big move remains on budget. If you would like some help, contact us for a free no obligation consultation.