8 Things You Need to Look for When Renting Office Space

by Management Published on: 12 May 2018 Last Updated on: 08 November 2024

renting office space

Is your company’s current office space just not cutting it anymore?

Whether you’ve outgrown the space or just don’t like the location of it anymore, you should consider renting office space that will work better for you.

When we are trying to improve our company, we want to help it move in the right direction, whether that’s changing the decor or moving offices, there are certain things that all business owners do when they’re trying to grow within their sector. When renting Washington DC office space, your office location should be in the heart of the crowds that can benefit from your products and see your business clearly on the road as they’re passing by. It’s important to be tactical about any changes you make and to make sure that they will provide you with more opportunities.

There are a variety of things that you’re going to want to look for in a new office building for rent.

You should consider them all before you sign a lease and move all of your computer equipment and furniture in.

Check out 8 of the things you need to look for when renting office space below. It will help you avoid renting the wrong space for your company.

8 Things You Need to Look for When Renting Office Space:

1. Size:

Are all of your employees and all of your belongings going to fit into your new office space?

Before renting office space, it’s important to sit down and map out exactly how much space you’re going to need.

It doesn’t matter if you’re a small business that’s just getting off the ground or a large business that’s expanding every year. Your office space should fit everyone comfortably and should ideally offer some room to grow.

The last thing you want to do is move into an office and find that it’s either too small to fit everyone or too large and a waste of money.

2. Price:

Speaking of money, the cost is obviously going to be a concern when renting office space.

You want to make sure you find an office that will fit into your company’s budget. While you might be tempted to move into a high-rise office building with a fancy lobby that will blow your clients away, you shouldn’t do it if it means your business will struggle to pay rent every month.

Prior to starting your new office search, you should create a budget for your business and then stick to it. It’ll ensure you don’t get in over your head when renting office space.

3. Location:

Location

The location of your business could ultimately help determine its future success. If you’re not situated in the right location, it could hurt your business and drive down sales.

That being said, you don’t necessarily need to move smack dab in the middle of the hottest part of town if you’re running a business that doesn’t depend on foot traffic. You just want to be located somewhere where you, your employees, and your clients can get to without a problem.

Head here to check out a good example of a great location for a business.

4. Surroundings:

One of the simplest ways to attract the best employees to apply for jobs at your company is to lease office space in an area that has great surroundings.

Your employees would probably love to be surrounded by things like:

  • Restaurants
  • Stores
  • Parks
  • Walking trails
  • Parking lots
  • Local transportation stops

While you obviously want to take a long look at office space and the building it’s located in, you also want to consider what’s around the building.

You’re going to be asking your employees to spend a lot of time in the general vicinity of your office. So it’s a good idea to make sure they have access to the things they’ll need in the outside world.

5. Building Accommodations:

Building Accommodations

While this isn’t necessarily a dealbreaker, it would be beneficial to you if your new office were to be located in a building with great accommodations.

There are many office buildings that contain coffee shops, gyms, daycare centers, and more. If you can find an office building like this for your company, it’ll put you at a big advantage when it comes to hiring the best employees possible.

6. Accessibility:

Is your new office space as accessible as it should be?

You might not necessarily think about this if you don’t have a disabled employee at this time.

But at some point in the future, you might want to hire someone who needs accessibility options within your building. You also might have a client in a wheelchair who comes to visit you.

If your building isn’t accessible for all, you might end up inadvertently driving away business or pushing employees to seek employment elsewhere. So make sure you ask questions about accessibility prior to signing an office lease.

7. Expandability:

Let’s say you start renting office space this month, and within the next year, the size of your company doubles. Then what?

Do you pack up and move and go through the whole process again? This is a good problem to have, but it could also prove to be inconvenient for your employees and your clients

Therefore, you should consider this scenario and find out if there’s any way for your company to expand your building in the event that you continue growing.

There might be other offices or floors within a building that could be used in the future. This would open up the possibilities and allow you to lease office spaces in the building as you grow.

8. Landlord:

Landlord

From the moment you agree to start renting office space from a landlord, you will have to work closely with them at all times. From paying your rent on time to abiding by building rules and regulations, you’ll be at their mercy.

You want to make sure a landlord is ready to take on the role of renting space to you. They should have a good reputation in your community and be willing to do whatever it takes to keep you, the tenant, happy.

If a landlord doesn’t seem up for the task or doesn’t sound like someone who is going to be too concerned about helping you with repair work, you should look elsewhere. It could prevent you from dealing with a major headache later.

The Best Way to Go About Renting Office Space:

At the end of the day, you need to make the best decision for your business when looking for a dental clinic for rent.  It could impact your business for months and even years to come, so take your time and make the right decision before signing a lease.

Check out our blog to read more about renting office space and running a successful business.

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Author Bio: Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.

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