While we have seemingly endless apps and websites available to use as a resource for just about anything, with so many resources at our disposal, a task like finding office space can quickly become quite daunting. Because physical office space is such a large expense, educating yourself as much as possible and starting early are vitally important. Not only do you need to determine the needs of your business at present, but you also have to consider its future. AdvantEdge can help assist along the way and ensure you make the best decision for both your company and your employees.
When it comes to determining the office space needs of your business, it’s most important to stay realistic. Try not to over- or underestimate - your business’s future capacity by allowing yourself enough time to evaluate the needs of your employees, your future business plans, and by doing your research thoroughly. Once you’ve nailed down the roadmap of your business plan, a good place to turn to amidst your search are the tried and true resource of real estate brokers. While you can search for space on any site or app, brokers understand the current conditions of the real estate market for your city and can help you make better informed choices about a building or market than you would be able to on your own. This is particularly helpful if you’re trying to set up an office in an area that you may be unfamiliar with. Online reviews and social media, when mixed in with expert opinions from your broker, are also good resources for getting the feel of a space. These tools can provide insight into the quality of the customer service you would receive, building amenities, and current tenant satisfaction.
If you’re trying to bootstrap your startup or just a newer company still gaining traction, you may want to consider a short-term or month-to-month lease in order to give yourself room to expand before committing to a space you’ll likely outgrow. If you’re part of a branch of a larger corporation, it’s worth considering the needs of your relocated employees when searching for an office space that would give the most satisfaction. Is the location reasonable for their respective commutes? Do your workers tend to work from home a fair amount of time? How important is a dedicated space for meetings with visitors and clients? These are all things to take into consideration as you tour potential office spaces.
Ultimately, you know your company and your employees best, and while a broker can bring you to the right place, if you do some background checking on your own and come to the table with at least a general understanding of how your needs relate to a potential space, you won’t even need to sift through the app store to get your new office location sorted. And what’s more, you’ll end up making a smarter and more well-informed choice.
At AdvantEdge, we’ve worked with small and large business alike and offer unmatched flexibility when it comes to finding workspace. For more information on how we can help you relocate, grow, or achieve whatever goals you have as a company through our workspace, schedule a tour to see how it all comes together.