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Things to Consider When Opening Your Own Office

  • Thomas Oppong
  • Sep 19, 2019
  • 2 minute read

Whether you’re thinking of purchasing an entire property, leasing an office space in part of a bigger building, or just hiring out a couple of desks in a communal space, there are plenty of things you should consider before making this big step. 

Here are just five things to think about before making the jump:

1. The Facilities Around the Office 

When you’re looking for the right office, then it is important to consider everything around it. Location can be key for most people. Some of the important things to consider include transport to and from the office, so ensuring that there are bus and train routes nearby and the amount of lunch spots nearby, should you want to escape the office for an hour-or-so during your lunchbreak.

2. Safety of the Office

You need to consider all of the safety aspects in and around the office to keep your employees safe. These sorts of things include fire safety, electrical risks, manual handling and having a First Aid kit.

To ensure that the risks are properly labelled in and around the office, it is important that you invest in some safety signage to display any warnings, risks and hazards. This will ensure that your employees wear the right clothing and use suitable equipment in certain areas, don’t touch certain things, and know exactly what to and what not to do in specific parts of the workspace.

3. Getting the Finance 

Before you start looking at big offices that have huge deposits, it is worth weighing up your budget and thinking about what you can and can’t afford. If buying isn’t an option for you, then leasing a property could be a better option.

Or, why not visit an auction and see if there are any cool workspaces there that would be suitable for your company? If you’re not ready and you’re just thinking of checking the auction out for ideas, and something suitable does actually come up, then a bridging loan might be able to cover you in terms of finance, as you’ll need the deposit straight away.

Read More: Who is Eligible for Bridging Finance?

4. Think About Clients and Employees

If you’re having clients and customers come into the office or workspace, then it needs to be as accessible as possible. Think of having ramps outside to help those less abled, a disabled toilet and parking, to make it as easy as possible to get a space nearby.

5. Plan for Growth

If you’re thinking about expanding your company over the next couple of years, then it may be a good idea to think about purchasing or leasing a property that will be able to hold more people than your current workforce. When you’re choosing a space, make sure there is room to grow.

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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