How To Choose the Right Office Location
A business’s location can have a significant impact on the success of that business. The right office helps to keep employees happy and productive while also fitting within the company’s budget. It’s a big decision on where to locate your business and one that you won’t want to rush through. If you’re looking to establish your business in a new office, here are some things you’ll want to consider heavily before settling on where to go.
Consider the Type of Space You Need
The first thing you’ll want to think about is the type of space you need. There are many different types of offices out there; some will be more suitable for your business than others. For example, do you want office space with many individual offices, or would you rather have an open floor plan? Do you need an executive office space to impress big clients, or would a simpler environment suffice? By thinking about the type of space you want first, you can begin to narrow down your options and save yourself some time while searching for the right place.
Think About How Much Work You Want to Do
Next, think about how much work you want to do in the office. Do you have time and resources to completely renovate a location, or would you rather have a fully furnished office for rent? Some people prefer a blank canvas when choosing an office space, as this allows them to customize it to fit their preferences. Others want an office space that’s fully designed and furnished already so that they can get right to work and not think about design choices. Think about which option you’d prefer, taking into account the costs and time associated with each option.
Explore the Surrounding Area
Whenever you select an office space, it’s important to explore the surrounding area. Even though you’ll be spending most of your time in the office, you’ll still want office space with a good surrounding area. For example, having some nearby restaurants or easy access to public transit can make your business more attractive to employees. If your company works with local businesses, having your office space near them can also benefit you. Make sure you take the time to drive around the neighborhood before settling on your location.
Make a List of Needed Amenities
A good thing to do before searching for office space is to make a list of the amenities you want. For example, you might want office space with a kitchen, a break room, a lobby, elevator access, natural lighting, or something else. By making this list, you can easily compare office locations against one another to see which ones best suit your needs. It’s also a good idea to sort the amenities into “must haves” and “would likes,” as this will help you focus on the priority amenities.
Learn About the Security Systems in Place
When you move into an office space, you want to know that it’s secure. You should find out from the building owner what sort of security systems are in place. For instance, is there a keypad that locks the front door? Are there security cameras throughout the building? Is the exterior of the building well-lit at night? Strong security systems will help ensure that your employees remain safe and that your belongings are safe after hours.
Calculate the Costs
Finally, you’ll want to calculate the costs. After exploring different office venues and considering all the items above, you should have a good idea of the pros and cons of each. The final task is to add up all the costs for each venue and see how that changes things. You’ll want to consider the cost of renting the space and any additional costs, like insurance, down payments, and amenity costs. Add it all up, then choose a space that fits your needs and your budget.
Don’t Rush the Decision
Choosing your next office space is a big decision. Once you select a place, a lot goes into settling in, and it’s unlikely that you’ll want to move again soon. Therefore, you must consider every possible factor before deciding on a place. Take the time to go through all of the items above and ensure you’re pleased with a place before making your choice.