Office Space Guide
Choosing the right office space involves making important, complex (and unfamiliar) decisions; is it the right price, in the right location, will everything (and everyone) fit within the space? Do the terms of the office lease suit my business requirements? And will it allow for future growth or contraction?
The decisions regarding office space, will be one of the most important strategic decisions you will make, so it is important you take the time to find the right office space and that you have the right professional expertise to support and guide you through this important process.
Using a Tenant Rep Broker to help you find the right office space will save you heaps of time and will have the experience of matching the right office to your business. They also have access to a database of available office properties at their fingertips and are aware of other office properties that are (and not!) on the open market.
A Tenant Rep Broker will need to be briefed on your office space requirements including:
How much office space will you need?
When determining your new office space requirements, you will need to take into account your current company size, as well as considering future expansion or retraction. Ignoring your future office space requirements can mean that your office space quickly becomes unsuitable and can hamper your business' potential revenue growth. Take the time to properly estimate how much office space you will need. Then have a Tenant Rep Broker show you only the offices that are the right size for your business.
Choosing the right location
Do your homework on the location and ensure the office space meets most (if not all) of your office space requirements. Office space is a costly overhead for any business and one which you are committed to for a long period - so it's important you take your time and choose the one which is right for your business.
Choosing the right building
Finally, it may be obvious but first impressions do count! So ensure the office space provides you with instant credibility you want your business to be associated with, and ensure the office space portrays the right image for your company culture, industry and working practices.
There are many other major decisions you will need to make when choosing office space, so make sure you download the free Office Relocation 101 which is packed with useful hints and tips about what to look for when looking for office space.
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