6 Smart Tips to Get a Perfect Commercial Office Space
February 19, 2021
Finding and leasing a commercial space for your new office that meets your style, budget and needs are definitely exciting. However, it might be stressful for young entrepreneurs. Well, it might not be if you have the right information to empower yourself. Finding a commercial office of your dreams can be time-consuming and requires a lot of patience. Therefore, you have to put your goals on priority and make sure the office space you are getting is worth the money and effort.
Now that you find your office, get all the important things settled, and now ready to start your new business. Before, you get all hasty. Ask yourself a question. Did I get a good price for the commercial office space? If you are having little troubles with your new office space, where it’s good or bad for your business. Here are our top 6 tips to know if you are getting a good price for your new office.
6 Things to Ensure a Good Deal on Commercial Space
There are a lot of things that must be put into consideration before leasing a commercial space. Besides, many things require your attention, you simply do not have enough time to research and everything. Therefore, we did the hard work for you so you don’t have to. Go through these 7 essential and make a wise decision –
Know Your Office Space Requirement
Knowing how much office space you need can be a good money-saving decision. Depending on the strength of your employees you can take commercial office space on lease. Remember, getting more space than you need is like spending on something you really don’t need. To be on the safer side, go with 1000sq.ft for every 5-6 employees.
Note – If you own a business that requires you to relocate, consider getting Coworking/shared office space.
Consider Subleasing the Office Space
Be open to sublease, if you are someone new in the market and currently working from the home office. If you start earning from your business but the profits are not that high to get a commercial office lease. In this situation, sublease your current office space. Doing this will allow you to get a monthly or weekly lease. However, some can last for a year. Subleasing is a convenient way to sort out some of your budget constraints.
Get a Professional Agent
Getting professional help is always great in the long run. However, make sure that you are hiring a professional that has previously worked for other clients. LinkedIn – a social media platform, especially for professionals, is a great place to find the right agent. Real estate agents can be a great help in maintaining and managing documents, setting up meetings, dealing on your behalf, and so on. That will save you a lot of time and eventually land you a good deal.
Note – Get recommendations regarding the real-estate agent from your fellow professionals.
Set-up Some Shops at Shared Office
When you are just starting out it’s normal to have a tight budget. The best thing about co-working spaces is that you will be around like-minded people and you could rent out some space. You are easily able to rent a range of spaces including dedicated individual desks, meeting rooms, etc. on a daily, weekly, monthly, and even for an indefinite period of time.
Avoid a Complicated Landlord
One thing you don’t want on your mind is the complicated relationship with your landlord. No matter how good the commercial office space, rent, and other related things are, a bad landlord can ruin everything. Therefore, make sure the landlord you are dealing with is professional and plays fair.
Negotiate to Get a Good Deal
A little bit of negotiation never hurts. So, when you are signing up for a lease, never shy to negotiate the terms and the rent. Yes, you can also negotiate your total rent. For example, if the listed monthly rent for the coworking space is 5000 dollars, doesn’t mean it’s fixed. You can always negotiate to make the overall rent a little lower than it actually is.
So, these are the top 6 tips you should always keep in mind to get to know whether you are office space worth the money. Who knows, you might end up getting a good bargain that will eventually lead to a stable financial situation.
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