Selecting the best building to set up an office is something that shouldn’t be taken lightly.
The location can make or break your business sooner than you might think. Securing an office space or building can be a daunting task.
In this guide, we’ve put together some important tips to consider when choosing an office building. Reading this list will help you make the right decision and make the hunt less overwhelming.
Below are six factors to consider to determine the perfect office building.
Cost of Office Building
As an investor, your goal is to get as much as you can get from your investments. Does the office size match to what’s being charged per square footage? This is a common question to ask every time you’re considering moving into a new office building. Ideally, consider the cost, balance the requirements of the office space, and it’s capacity. These are crucial considerations when searching for an office space.
You’ll also need to consider the total cost of moving your business to a new location. It should be worth every penny spent. Also, keep in mind the cost of the various installations you’ll need to keep your business going and the renovations that you may have to incur. If the move will not give you value for your money or won’t make you more money, then the move is not worth risking your capital over.
When choosing a workspace, ensure that the location is convenient for you, your team, and your customers. It should be effortless getting in and out of the building. A good location should be close to public transportation, amenities, food points, have a green space, and a parking space. Now, you also need to consider how close you are to your competitors and business partners. Reputable brands have physical addresses where customers can meet with business owners when seeking information.
While in the same vein, working in a busy city can have its fair share of challenges. You’ll be exposed to polluted air, traffic congestion that will eat most of your time during rush hours, and it’s also very noisy. The same, however, cannot be said about the suburban environment. It’s more peaceful and beneficial to both your physical and mental health. But then again, it may be that you want to be close to your clients. Whatever your inclinations are, choose a location that will help to boost your productivity.
Size of the Building
The size of the office should be dependent on the nature and volume of transactions you carry out. Ensure there is adequate space for your team and equipment for optimal performance. Unless you are considering expanding your venture in the near future, avoid renting bigger office spaces. You just don’t want your offices to look empty. This will not go well with your clients.
Design of the Office Building
When deciding on the perfect office building, not only are you to factor in the functionality of the office spaces, but you should go with buildings that have a visual appeal. This will significantly have an impact on your reputation. Well-structured buildings will be appealing to your clients and it’s most likely that they’ll want to continue doing business with you in the future.
Remember, this is the place that you and your employees will spend most of your time. The fact that it’s the place of business doesn’t mean that it should be all conventional and boring. It needs to be comfortable while at the same time projecting a professional image to your clients. It is also important to have the right type of doors for your office building. Steel exit doors are the perfect solution for any business that wants to meet their safety regulations.
The Nature of Your Business
Consider the nature of your business when choosing the right office space. It should be spacious enough to accommodate the number of your employees and your business operations. For instance, when running a manufacturing company, the building should be able to accommodate your appliances, staff, equipment, and inventory.
Whatever the nature of your business, it’s important to ensure that you have access to the most basic utilities including water, electricity, telephone lines, and internet connection. This will help to streamline your operations, make communication easier, and ensure that your employees are comfortable.
You want to ensure that the office building in question will provide a safe working environment for your staff. The office floors, for instance, need to be well laid out, not slippery, and attractive. As earlier mentioned, the office building needs to be accessible. This means that even those with physical disabilities can easily access their working spaces using wheelchair ramps or elevators.
Choosing the ideal office building can be a great start in ensuring that your needs, those of your staff and clients, as well as those of your company are met. This will make it easier to focus on expanding and growing your business.