For every business owner the prospect of finally moving into their own premises for their business is a big step, and it’s also an exciting one. After 6 months of hard work, determination and perseverance, we’re renting an Office!
It wasn’t an easy choice at all and there’s still some skepticism around spending money.
However, just like anything else, whether in business or in life, it’s also something that requires a bit of thought and careful planning, so in this post we’re going to share with you some of the things that you may want to think about before renting an office.
What your budget is:
It’s certainly no secret that renting an office for your business is an expense, and so of course you should always make sure that this is something that you can realistically afford and that it’s not going to cut into your salary that you pay yourself, and your business. Once you’ve done that then you should obviously look at setting a budget for yourself and for your office so that you can stay within that as much as possible.
What layout you want:
The great thing about offices is they come in all kinds of shapes and sizes, so you can really have your pick of the bunch – of course it always depends on your budget as well because some are going to be more expensive than others depending on various factors, such as location, size and other factors that have to be taken into consideration. However this doesn’t mean that you can’t have something that you truly like, for example do you want something such as a traditional office layout with more privacy or would you like to go for something that’s more open plan and maybe has some glass partitions throughout so that it can have a more spacious and open effect?
How long of a commute you can tolerate:
One of the downsides of having your own office is that you’re going to have to go back to making a daily commute to and from work, and so one of the things that you really need to think of before going ahead and renting an office is how much of a commute can you really tolerate – since you really don’t want it to be cutting into too much of your day, just as you would when you were working for someone else, but the good thing about narrowing down your office choice based on how how much of a commute you’re willing to tolerate is that you’re not going to be as overwhelmed by the process of choosing somewhere when you find some places that you like.
How much space you really need:
Just like when you choose the kind of house you want, it’s important to be realistic on what it is you actually need. Of course when looking at an office, you should be thinking ahead a little bit, because ultimately the idea when you have an office is that you’re going to be expanding your business and probably your team as well, but it’s also important not to take on more than you can handle right now, so look at perhaps your goals for the next three to five years and then decide on how much space you realistically need.