Where can I find office space?
Commercial Office Space

Where can I find office space?

Published At: Thu, 05/06/2021 - 06:16

If you are thinking of starting your own business, finding a suitable office space should be one of your top priorities. You will need a place for your employees and a perhaps even a designated space to accept your clients. Buying or renting an office requires a significant financial investment. Therefore, finding office space is something that might be more feasible for a stable business, which is most likely to be profitable for a long time. However, all businesses need a place to operate, so startups and newer or smaller businesses look for office space for rent just the same. 

Renting office real estate, especially in a big city, is not a cheap expense. If you make a miscalculation, you can end up paying too much, not only at the initial stage but also throughout your lease. However, there are some practical ways to minimize the risks. Finding everything you need in an office space while saving money is a challenging task. 

There are many different ways to find your dream office space. This article will introduce you to some of the popular methods for finding it.


Online search

Indeed, the easiest way to find an office space is to Google it. Write in the Google search bar  “office for rent + your preferred location”. There will be many options that are not always suitable for your request. For example, there might be both business centers and offices for sale on the same page. Therefore, you should narrow down your request and search with the right keywords. Don't stop at the first pages of your search. Oftentimes, the first results are paid ads. So, conduct deeper research – scroll down.

There are many platforms that real estate agencies use nowadays. Websites still remain the most popular ones. However, social media posts gain in popularity and show good engagement results. So, if you search for office space, you might also  consider surfing Facebook or Instagram posts.


Offline search

In order to speed up the process of finding office space and save you from unnecessary headaches, you can contact a real estate agency that has extensive databases. There, you just need to answer a few broker questions so that they can find the perfect office for you.

First, you need to decide whether you want to rent an office space or buy it. Then, you should specify the amount of office area you need. If you haven’t yet decided on the office size, then professional consultants will help you determine it according to your requirements. If you have already agreed on a budget, it would be better to indicate the rental rate or the sales price you are interested in. You should also mention a location convenient for you. 

Considering the results generated, brokers and or real estate agents will show you a list of buildings that meet the conditions you specified. After you have decided on an office, agents will organize for you to tour the selected offices. During the viewing, they will also answer all questions related to the office space. The agents will provide you with support and advice at all stages of negotiations with the office space landlord until the agreement concludes.

Sometimes it is useful to search not only with the help of the Internet or agencies but also yourself. Walk around the area you want to work in, visit the buildings you like, and ask if they have anything for rent or sale. Sometimes, property owners do not post advertisements or they often post them in non-visible places. There can also be some cases that the office space will be vacated soon, and there is no announcement yet. So you can be a lucky one and rent an office that is never advertised on websites, allowing you to curve competition.

What should you consider while searching for office space?

When it comes to finding an office, the most important thing to look for is its location. It is necessary to assess the impact of geographic factors on the profitability of the business. Meetings, customer acquisition, service provision, and many other essential functions can grow into a huge problem if your office is located in the wrong location. You and your employees should enjoy working in this place, and customers should enjoy visiting it. Trying to save money on the office's location by placing it in some distant place can be harmful to your business and even can ruin it.

For some companies, a central location in the city is crucial. Others prefer a specific building aesthetic. And for companies whose main profit comes from the number of visitors, the main factor could be parking availability. So, you should begin your search taking into account your basic business needs and those of your end users.

Usually, the location is considered the main vital issue to solve, and the technical equipment of the room seems to be of secondary importance. But this is only in the case if the office parameters do not affect the business profitability. And if it is so, then, of course, technical equipment should be the priority. However, it would be better to have everything in one place. 

By realizing the goals and objectives of your company, you will understand that to find an ideal office space, you need a comprehensive assessment of all your needs and capacities. You should take into account various aspects of the daily activities of your business. If you are interested in finding an office space that will meet all of your criteria, visit the My Perfect Workplace website.

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