What you need to know when renting an office!

  • 161 man
  • May 3, 2024

What you need to know when renting an office!

"When renting an office, you need to know!"

Business starts from the apartment door, and the business itself begins in the office. Choosing an office may seem like an easy task, but as with any business, important questions arise. Where should the location principle be in terms of location? What should be the appropriate rental price? How should the rent payment be?

It is necessary to determine the answers to all these questions before starting the search for office space. To know the golden rules when renting an office, it is essential to examine the following conditions.

• Price and budget: Your rent should be within your budget. The rental price of the office may vary depending on the size of your business, the quality of the office space, and the geographical location. It is important to determine a good budget compared to your income and other business relationships. • Area and location: The location of your office should be suitable for the type of business and your clients. If you have a business like an exhibition, presentation, or store, consider being close to auxiliary places or market areas. Otherwise, consider the proximity of business centers or quieter areas. • Size and equipment of the space: The size of the office should be chosen to meet the requirements and basic functions of the business. Pay attention to the type of space you need and the office equipment. Office furniture such as desks and chairs, conference rooms, kitchen furniture should be equipped according to the specifics of your business. • Rental period and terms: The rental period should be suitable for you. Short-term rentals or long-term contracts can be considered depending on your business strategy. If you have plans related to the development of your business, considering the terms of extension or renewal of the rental period is of particular importance. • Comfort for employees and clients: Your office should be located in a place easily accessible to your employees and clients. Generally, spaces supported by good transportation or public transport services may be interesting. By paying attention to these main issues, you can help your office perform its work more effectively.

What other parameters should be considered for leadership and employee approval when renting a new office?

  1.  Pay attention to the infrastructure;
  2. Consider the availability and size of the parking lot.
  3. Ask questions about the condition of the office, whether it needs renovation or is being rented as is.
  1. Conduct a thorough inspection of the office from A to Z;
  2. Visit the office not by car, but by metro. This way, you can confirm how long it actually takes to get from the metro to the office.
  3. If an unfurnished office is needed, investigate the office layout and clarify whether it is possible to change it.
  4. If it is a furnished office, evaluate the quality of the renovation and clarify whether planning for renovation is necessary. This will depend on whether you are entering into a lease agreement or negotiating rent levels and payment terms for a certain period.
  5. Evaluate the operation of lifts, fire safety, ventilation, and the condition of engineering networks.
  6. Clarify how the internet connection is arranged: It is better if the entire workspace is provided by several providers.
  7. Clarify how utility services are paid for by the tenant or the landlord.
  8. Pay attention to the central entrance door. If your office is a client-facing office, consider how clients will be received.
  9. Pay attention to technical requirements, as they are determined by the specifics of the business. If possible, talk to some office tenants: check if the building is cold in winter and if the ventilation system works well in the winter months. During the discussion, you will identify reasons for what works well, what doesn't, or vice versa, you will discover advantages.

If you want to find a good office for this, contact the "AREA" real estate company, which has earned enough customer approval.

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