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On Choosing The Right Office Space For Your New Business

  • Thomas Oppong
  • Jan 8, 2018
  • 2 minute read

When you have a start-up business, you will understand how hard it can be to choose the right location. After all, the decision that you make will have so many repercussions that could affect you for years to come. If you choose the wrong location then there is a high chance that this could lose you your employees or even your clients. On top of this, you have to base your shared office space on your current needs and your future needs, and this can make the whole situation much more complicated.

Company growth

As a company, you need to consider your own company needs and the future needs of your company as you make your way through the lease. If you can’t afford to take the extra space so that your company can grow then it may be worth trying to negotiate so that you can get a better deal in the future.

Location

It also helps to consider where your employees are going to live and whether or not the new space is going to be convenient for them. If you know that they are going to have to go on a very expensive commute and if you suspect that this is going to push them to work for other people then reconsider your location. At the end of the day, you don’t want to lose your staff because of your location choice.

Technology

Another thing that you need to think about is whether or not your business space is going to accommodate all of your software and computer systems. The main reason for this is because some office spaces cannot accommodate a huge range of technology, whether it is due to the power that is required or even the space that you have. It helps to plan out where your servers and your tech is going to go before you set up shop, as this will help you to smooth out a lot of issues at a later date.

Your office signal

When your staff arrive at work, your office space will be a representation of how much money you actually make. You want your office space to be somewhere that you can be proud of, and you will want to feel happy about arriving to work as well. If your new office space is run down or if you know that it is just not suitable for your needs then don’t invest in it. You’ll want something that gives you a good idea of where your company stands in the future while also being able to relate to what the space offers you right now.

Other things that you need to think about include whether or not the space is friendly to your employees, whether it has disabled access and even whether or not you can afford to furnish it and decorate it. When you have answered all of these questions, you can then begin to move on to whether or not the space that you have is in your price range among other considerations.

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

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