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How to Find the Best Office Space For Your Business?

BY: Karol Martinez | Category: Finance | Submitted: 2010-03-29 22:40:08
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Article Summary: "Many startup businesses prefer leasing an office space in order to keep the initials costs and expenditures minimum and understandably so. Finding the best office space is actually a fairly simple process provided some straight forward factors are given adequate consideration..."


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Many startup businesses prefer leasing an office space in order to keep the initials costs and expenditures minimum and understandably so. Finding the best office space is actually a fairly simple process provided some straight forward factors are given adequate consideration. Moreover, leasing offices are abundantly available especially in large metropolitan cities and it's no secret they get rented so quickly.

This article will illustrate some key factors businesses should take into account when searching for a leasing office. Doing so will make sure that they get the best office space for their establishment.

Office Space Location - Location Is Everything

Simply put, location is everything. Depending on the nature of the business and its target audience, a company should negotiate the location aspect very carefully. Establishing yourself in the wrong place can have an adverse effect on both, the clientele and the company. A common strategy is to base a company in well known established cities instead of small ones. However traffic and congestion can sometimes be an issue, therefore some companies prefer the outskirts as long as transportation is available and reliable.

Office Space Size - Size Does Matter

When it comes to business offices, size does matter. Depending on the number of employees you currently have on your payroll or the projected number in the coming years, businesses should ponder carefully how large of an office should they invest in. This could depend on many variables such as budget size, future expectations and current economy.

Office Space Value and Pricing - Geared by Location and Driven by Economy

Depending on the city, the location and the current economy, this number could vary every quarter. On a general note, offices within major cities will generally be priced higher and will have a higher overall value. The ones on the outskirts of the city will have a considerably lower value and be significantly cheaper. This will directly affect the monthly payments and a good lease agreement should be worked out. Businesses should weight in all the options and decide accordingly.

Other Important Amenities - Makes the Decision Process Easier

Aside from space there are other benefits that go hand in hand and are often required for an office. Amenities like covered parking, public transportation facilities and easy access to major highways and residential or commercial areas simply cannot be ignored. These options can sometimes even make or break a deal since their importance cannot be ignore.

These are all very important factors that must be taken into account when deciding on an office space. The companies must however do their homework and do extensive research before signing any binding contracts. Even though lease agreements generally come with flexible options, it is not a good business practice to change locations after settling unless circumstances force a company to do so. An office space is the first step towards the company's successful establishment. A good business practice should be to get it right from the start and choose it wisely.

About Author / Additional Info:
Bakersfield's ValleyHQ Business Center is committed to provide its client with office space, executive offices, office for lease, business meeting rooms and business support services.

www.valleyhq.com

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