Finding the right office space for your business can be a frustrating and confusing experience. Starting without the correct information can leave you susceptible to being ripped off by a broker or landlord. Read this article to get a basic understanding of finding an office space that suits your needs successfully.
Budget and Write Down Essentials
As with most purchases, generating a list of requirements is helpful to the process. If you have brokers and stakeholders in your business, you can share the list with them to ensure your vision is clear and there is no disagreement. Some basic things to consider are square feet, duration of the lease and location.
Ask Your Peers for Help
Use your colleagues and friends as resources. People who have gone through the experience before likely can tell you their regrets and pitfalls to avoid. You might even get a recommendation for office space for rent Mansfield MA.
Consider the Lease Terms
You also need to consider the type of lease you want for your business. If you are a startup or a smaller company, you may only require a shared space. Subletting is also an option. Don’t feel pressured to commit to longer lease terms if your company does not need them.
Use the Internet
Unless you have a recommendation you trust, keep your office space shopping online. Avoid calling random numbers you see on signs as you drive past.
Don’t Be Scared of Brokers
A broker can save you a lot of time and money. There is no downside to using a tenant broker. Landlords will usually pay them for their services so that they won’t cost you anything. They have more knowledge than you about office real estate. Finally, they will often negotiate for savings on your behalf because they are salaried.
Renting office space that is suitable for your enterprise is overwhelming at first. However, if you compile a list of requirements and work with brokers, your work will be much easier.