What to Check Before Renting An Office Space
Starting your own business is an exciting adventure. Being your boss, setting your hours and rates, and having your own professional space, there’s a lot to do and think on. When it comes to getting a professional office space, there are some things you’ll need to consider and examine before signing a lease on office space.
Will you need a Physical office or a Virtual office?
Depending on the work you perform and how frequently you meet in person with clients or employees will help you determine if you need a commercial office space round the clock, shared office space, or a virtual office.
If you plan to do work remotely for clients and will have occasional in-person meetings, then a shared office space will be your best option. Shared office spaces allow you to rent out a section of commercial office space for a short period, with all the same amenities as large and permanent spaces.
However, if you plan to have a small team under you, displays of projects and work, and meetings with them and clients frequently throughout a week, commercial office space for rent will be a better option for your business needs.
If you only need a professional platform space for meetings clients and employees from home, then utilizing a virtual office space in Calgary will be your best tool. Virtual office spaces have many benefits for remote working needs.
Location, Amenities, and Accessibility
Keeping your location in a well-populated area for your employees or future employees will reduce commute times and maximize functionality more for your team.
Your location should also be easily accessible to your clients and team. Ensuring it’s accessible by car, public transport, and even walking will benefit your clients and employees.
Having the right amenities close by is important. If you do a lot of lunch meetings or business errands such as going to the bank or meeting place. Being close to restaurants, banks, postal offices, and supply stores will work to your benefit.
Make sure the Lease terms are Clear & everything is in Writing.
Knowing what is and isn’t included in the lease terms is important. Make sure all agreements (repair terms, utilities, etc.) between the landlord and yourself are in writing so as not to be blindsided by potential deception or unexpected expenses. As a precaution, have an expert look over the lease before signing and get a professional opinion on the terms and if any areas should be renegotiated or more defined.
Plan a Budget and Stick to it
Before you begin looking at office spaces and locations, plan a budget for all the expenses you will have, and include a small amount for emergencies. Then be sure to stick to that budget to a T. Research the area and surrounding locations to find the best fit for your financial needs.
Plan out the space, and leave room for growth!
Once you’ve found the perfect office space, plan out where everything will be before bringing it all in and make sure to leave space for more workspaces or equipment as your business grows.