Top 3 Factors to Consider When Renting an Office Space for Your Business

Owning a business comes with a great deal of responsibility. One of the most important responsibilities a business owner has is to choose an office space that is conducive to the type of work that needs to take place within the building. In addition, the space must be in a location that is accessible to the business’ target market. There is a lot riding on finding the perfect office space for your business which is why we have put together these helpful tips. This article will highlight some of the things that any business owner should look for when renting an office space.

1. Price. The first question that you should ask yourself before committing to a new office space is if the rental property is within your price range. It can be quite a disappointment to fall in love with the perfect office space in the heart of town only to find out that it is too costly for your current budget. Knowing your budget ahead of time and sharing that with your real estate agent or broker can save you from disappointment and can also save you time. By sharing your price range with a real estate agent, you will be shown properties that are within your budget and can make a decision quicker than if you go in to the process without a budget in mind.
2. Location. Determining the location of your office space is paramount to your success as a business owner. Your target market needs to be able to access your services or products and if they are required to come to your storefront to do so, you need to be in a convenient spot. When choosing your location, it is important to think about what is around you. If you live in a suburb of Atlanta, for example, you may consider renting a downtown atlanta office space where more people will come into contact with your office than if you were in a more quaint area of town.
3. Parking. When choosing an office space, you will want to make sure that your building can provide ample parking for your employees and potential customers. It can be quite a turn off to visit a company only to find that parking is unavailable and nowhere to be found. A parking lot behind or near your building is ideal. However, if parking in a lot is not feasible, look for a parking garage within close proximity to the company or check for street parking. If parking is too big of a problem, it may be best to continue to look for a good rental space that will provide parking as it may not be worth it to risk having unhappy customers and employees.

Other things to consider when looking for a rental space for your business is the size of the property and the shape of the building. What is your vision for the space and can you see the vision come alive in the rental property you are considering? If the answer is no, keep looking or determine if you need to set your sights on properties that may not have everything that you want but will work.