7 things to check before renting private office Space
As thrilling as renting a new office space can be, it’s important to do your research and find a space that will help your business grow. Office space can bring awareness to your brand, create a sense of legitimacy for your business, and increase your team’s productivity. In this week’s blog post we share Six tips for renting your first office space so that you can make an informed decision and take the next step for your business.
The first step is deciding if you actually need an office space. How will an office impact your workflow and team collaboration? The benefits of investing in physical office space may include:
The first step is deciding if you actually need an office space. How will an office impact your workflow and team collaboration? The benefits of investing in physical office space may include:
Mail Delivery — Providing clients with a reputable business address is much more professional than a home address or P.O. Box. It will also allow you to keep your private and work life separate.
Search Engine Optimization — Brands that have a physical address can verify their listing on Google and show up on Google Maps and local search results.
“Before we landed at Expansive we talked constantly about the importance of a good environment for creative output. So we invested in our businesses and ourselves and rented a private office. We’ve already had so many good conversations and collaborations in the space. Here’s to many more!”
Delivering mail to customers from a respected business address is far more professional than doing so from a residential address or PO Box. Additionally, it will enable you to divide your personal and professional lives.
Brands with a physical address can verify their Google listing to appear in local search results and on Google Maps. This is known as search engine optimization (SEO).
“We spoke frequently about the value of a conducive setting for creative productivity before we arrived at Expansive. We so rented a private office and made investments in both our company and ourselves. There have already been so many fruitful discussions and teamwork projects here. Here’s to many more!”
1. Determine how much space you’ll need.
The amount of space needed might vary greatly depending on the business, the sector, and the location. While big businesses might be interested in suites that have room for up to 500 people, startups and first-time business owners might find that a coworking space or a more modest private office is more beneficial.
Take into account the size of your staff as well as your growth projection. How much area will you need for each person, in square feet? What style of workplace will be ideal for your team? How is predicted business growth over the duration of your lease?
Delivering mail to customers from a respected business address is far more professional than doing so from a residential address or PO Box. Additionally, it will enable you to divide your personal and professional lives.
Brands with a physical address can verify their Google listing to appear in local search results and on Google Maps. This is known as search engine optimization (SEO).
“We spoke frequently about the value of a conducive setting for creative productivity before we arrived at Expansive. We so rented a private office and made investments in both our company and ourselves. There have already been so many fruitful discussions and teamwork projects here. Here’s to many more!”
1. Determine how much space you’ll need.
The amount of space needed might vary greatly depending on the business, the sector, and the location. While big businesses might be interested in suites that have room for up to 500 people, startups and first-time business owners might find that a coworking space or a more modest private office is more beneficial.
Take into account the size of your staff as well as your growth projection. How much area will you need for each person, in square feet? What style of workplace will be ideal for your team? How is predicted business growth over the duration of your lease?
2. Inquire about the features offered
When renting a contemporary office, it’s important to consider what amenities are included in the price. A completely functional workspace and up-to-date facilities can make a huge impact for your employees.
For instance, Expansive offers its consumers a large variety of perks, such as:
When renting a contemporary office, it’s important to consider what amenities are included in the price. A completely functional workspace and up-to-date facilities can make a huge impact for your employees.
For instance, Expansive offers its consumers a large variety of perks, such as:
- On-site administration
— Fiber internet
— Fully furnished workplace
— Printers, Scanners, and Copier
— On-Demand meeting rooms
- Mail delivery
— Free filtered water, espresso, coffee, and tea
— Fiber internet
— Fully furnished workplace
— Printers, Scanners, and Copier
— On-Demand meeting rooms
- Mail delivery
— Free filtered water, espresso, coffee, and tea
3. Evaluate the various workplace configurations
When it comes to offices, there are many different types of places. Entrepreneurs have a number of office layout options, from open coworking areas to conventional private offices.
When it comes to offices, there are many different types of places. Entrepreneurs have a number of office layout options, from open coworking areas to conventional private offices.
4. Access pass: Only at Expansive, you may use our app to book a private office for the day and gain access to the lounge on that day. These can be booked anywhere in the nation and come with access to all amenities. Excellent for those who only occasionally require access to an office.
a. Rented offices are a fantastic choice for business owners searching for specialized collaboration and private spaces for a growing team and organization that can be tailored to their brand and meet the demands of their particular users.
b. Private Office — For up to 15 people working alone or in teams. A private office provides space for teams to develop and change, making it ideal for new teams, geographic expansion, independent contractors, or teams that are just getting started.
c. Dedicated Workstation — Much like a coworking membership, dedicated desks provide affordability and flexibility together with the safety of a locking file cabinet and a designated desk inside a shared private office.
d. Virtual Offices are extremely helpful for remote workers who require a formal business address, a location to receive mail and deliveries, and access to meeting spaces, day offices, or the occasional lounge pass.
a. Rented offices are a fantastic choice for business owners searching for specialized collaboration and private spaces for a growing team and organization that can be tailored to their brand and meet the demands of their particular users.
b. Private Office — For up to 15 people working alone or in teams. A private office provides space for teams to develop and change, making it ideal for new teams, geographic expansion, independent contractors, or teams that are just getting started.
c. Dedicated Workstation — Much like a coworking membership, dedicated desks provide affordability and flexibility together with the safety of a locking file cabinet and a designated desk inside a shared private office.
d. Virtual Offices are extremely helpful for remote workers who require a formal business address, a location to receive mail and deliveries, and access to meeting spaces, day offices, or the occasional lounge pass.
5. Investigate the surrounding area
You must pick a workplace that is convenient for both your staff and your clients. Is there nearby public transportation? Is there a bike rack at the workplace? A location with a variety of neighboring eateries and coffee shops may be appreciated by your employees as well.
Expansive owns its historic structures, so members can rent office space in sought-after urban areas for half the price of competing office providers. For instance, our brand-new North First facility in San Jose is close to eBay, Apple, and PayPal and has quick access to the airport. On the other side, the expansive River North in Chicago is close to a variety of dining options, vibrant nightlife, the Chicago River, and train stations.
6 . Avoid mistakes in the law
Keep in mind to carefully analyze the conditions of your lease while renting a commercial office space. Pay close attention to the lease’s duration, start date, and potential for extension.
Do insurance, property taxes, and maintenance charges also come with your rent? What is the security deposit, and under what circumstances may it be refunded? Which public spaces are covered by your rent?
7. Take your financial situation into account
Choose an office location that won’t put your company in debt. You can keep your peace of mind by selecting a suitable budget. Consequently, making investments in your business and in your aspirations is a crucial component of expanding a firm.
When choosing your office space budget, keep in mind that amenities, maintenance, taxes, mail service, furnishings, and other aspects should be taken into consideration.
You must pick a workplace that is convenient for both your staff and your clients. Is there nearby public transportation? Is there a bike rack at the workplace? A location with a variety of neighboring eateries and coffee shops may be appreciated by your employees as well.
Expansive owns its historic structures, so members can rent office space in sought-after urban areas for half the price of competing office providers. For instance, our brand-new North First facility in San Jose is close to eBay, Apple, and PayPal and has quick access to the airport. On the other side, the expansive River North in Chicago is close to a variety of dining options, vibrant nightlife, the Chicago River, and train stations.
6 . Avoid mistakes in the law
Keep in mind to carefully analyze the conditions of your lease while renting a commercial office space. Pay close attention to the lease’s duration, start date, and potential for extension.
Do insurance, property taxes, and maintenance charges also come with your rent? What is the security deposit, and under what circumstances may it be refunded? Which public spaces are covered by your rent?
7. Take your financial situation into account
Choose an office location that won’t put your company in debt. You can keep your peace of mind by selecting a suitable budget. Consequently, making investments in your business and in your aspirations is a crucial component of expanding a firm.
When choosing your office space budget, keep in mind that amenities, maintenance, taxes, mail service, furnishings, and other aspects should be taken into consideration.
So choose wisely and improve working productivity.
