Common Mistakes Made when Looking for Office Space
Office Space Selection - Mistakes To Avoid
When it comes to choosing an office for your forthcoming office relocation, don't fall into the trap of making these mistakes that are commonly made by many companies moving office:
Not Using A Tenant Rep Broker
Trying to find the right office space yourself will undoubtedly leave you choosing the wrong office space alongside a poorly negotiated office lease deal. Using a Tenant Rep Broker will give you powerful leverage to get the best deal and help negotiate against the landlord for every possible concession.
Underestimating Time
Too many companies rush into choosing an office space because they have not factored in enough time to make the right, informed decision. Looking for space, then negotiating the intricacies of the office lease is a time consuming process. Try to work at least 9 -18 months in advance of your office lease expiry.
Paying The Sticker Price
All office lease terms are negotiable. And the initial draft of the office lease you will receive from the landlord will only set out their own intentions without considering your playing field. A good Tenant Rep Broker will make several counter offers on your behalf to negotiate for better lease terms. Never settle for the landlord's initial proposals.
Not Considering Future Growth Factors
Many businesses fail to factor in where their business might be towards the end of the proposed office lease. This only results in them outgrowing their office space too quickly; with staff feeling cramped, de-motivated and a growth-stunted business.
Not Getting Legal Representation
Reviewing your own office lease dangerous, risky and could lead to serious financial consequences further down the line. A Real Estate Lawyer reviews office leases for a living - and they know how to sift through an office lease, identify the potential pitfalls and protect your commercial interests. Make sure you use one!
Choosing office space is a crucial decision that can make or break a business so make sure you take your time, get the right advice and shop around to get the best deal possible. Refer to the free guide to Choosing Office Space.
Planning an office move? Go the office relocation planning resource center
-
Start Planning Your Office Move
Wherever you are in your office move process Help Moving Office has the information you need to plan your office move properly.
Start Planning -
Access The Resource Center
With over 15 guides, checklists, tools & calculators the Resource Center has everything you need to plan, organize & manage a successful office move.
See Resources -
Office Relocation Services Directory
Looking for the right companies for your office move? Connect with independently sourced and pre-qualified vendors that are experts in your local market.
The Directory
Latest Tips
-
85 Critical Tasks Before, During, and After the Move
An office move has countless moving parts. Where do you start? Keep reading... "Guru" of office moving, Ed Katz, has you covered!
Read Article -
Request for Information (RFI) with Best Answers
Looking for the best mover for your office relocation? The best way to narrow down your search is to ask the right questions. What are the right questions? We're here to help! Ed Katz, president of the International Office Moving Institute (IOMI) and guru of office moving, will tell you exactly what you should be asking potential movers and what the right mover will say.
Read Article -
Stages of an Office Move
Identify the key stages of an office move and find out what important issues need to be considered at each milestone.
Read Article
