If your business is starting to take up more room than your home office has to give, it’s time to think about moving your business out of your house. Taking the leap and leasing a commercial office space can be a frightening prospect. But if you ask the right questions and take the time to do your research, you’ll avoid the common pitfalls.
BBB recommends considering the following when choosing a leasing space that’s right for your business:
What are your needs? Before you start your search, spend some time thinking about what you need in an office space. Don’t just consider how many employees you currently have; seriously consider your company’s growth and estimate how many employees you’ll gain over the course of a lease. The general rule for allotting space is 175 to 250 square feet of usable area per person. Also consider the common areas such as break rooms, reception area, and conference rooms you and your employees will need.
Get professional help. Finding the right commercial office space isn’t as easy as finding residential property. Chances are you’ll need a realtor to navigate you through the process of finding that perfect office space. Before you select your realtor, check out their free BBB Business Review.
Location, Location, Location. The perfect location can often depend on what kind of business you run. If you regularly expect clients in your office you’ll need a convenient, safe, location. Where is the competition located?
Consider safety and accessibility—parking, public transportation—as well as the condition of the building and the neighborhood. Will your employees be able to easily get to work?
Take a long hard look at the office space and assess the condition of the building. Office space is typically broken down into three categories, Class A, B, and C dependent on the location, age, condition, and amenities with Class A being considered the highest quality. Ask the landlord about recent improvements and upgrades as well as the condition of the AC and heating units.
Also, discuss with your landlord how much remodeling needs to be done to the office space and determine who will foot the bill. You’ll need to consider the basics such as new carpet, fixtures, and fresh paint as well as major interior renovations such as constructing new walls.
Review the lease carefully. It’s time to get out the glasses because you need to make sure you read all of the fine print of your lease. If you need help deciphering the legalese of your lease, an attorney who specializes in lease agreements can help negotiate the terms. Don’t be shy about negotiating; this is a major investment and a big step for your company and you don’t want to get locked into a bad deal.
What other tips can you offer?
- OSHA in the Workplace
- Rhode Island Secretary of State Warns of Deceptive...
- Pied-billed Grebe
- When “Free” Doesn't Mean “Free”
- Yellow Pages Look-A-Like Scams
- Cut Down on Junk Mail and Spam
- It's National Small Business Week!
- Robin in Bergen!
- #Hashtags Are Coming To Facebook
- Businesses: Hang Up on Utility Bill Phone Scam
- Four Tips for Public Speaking
- Pectoral Sandpiper and Quail
- How To Avoid Six Common Advertising Offenses
- Fake Scanner Emails Infect Office Computers
- Leasing an Office Space that Works for You
- Important Tips for Businesses Regarding Checks
- ▼ June (17)
- ► 2012 (33)
It doesn't matter how many great ideas an individual, team, or company comes up with. Until you implement one, you haven’t made any prog...
Reviews of existing or newly proposed regulations on 22 lakes for walleye, yellow perch, largemouth bass, crappie, sunfish and muskellunge...
The Minnesota Pollution Control Agency is inviting comments through September 11 on a statewide permit that would regulate burial of waste...
If your business is starting to take up more room than your home office has to give, it’s time to think about moving your business out of yo...
DETROIT LAKES , Minn. – A new traffic signal is now operating on Highway 10 in Hawley, according to Clay County and the Minnesota Depar...
The David Burkland farm near Grand Forks is the site for a soil salinity field day on Sept. 5. The event is free and open to anyone inter...
Wildlife artists can submit entries for the Minnesota Department of Natural Resources’ ( DNR ) 2014 pheasant stamp contest from Monday, Se...
Do you have a Facebook page for your business? If so, beware! There’s a new phishing scam that is targeting admins and page owners, accordin...
The Minnesota Department of Natural Resources ( DNR ) recently honored two youth for demonstrating initiative, leadership, creativity and ...
You are invited attend the Mahnomen & Norman Farmers Union Conventions on August 12th, a Noon Pot Luck Picnic will be held at Mahnomen...