The selection of an office space is one of the major decisions a business can make. Be it in starting your own business and setting up your first office or an established company moving to a new place, renting office space cannot be simply done by taking into consideration a few square feet and cost. Giving yourself the time to assess your needs holistically saves you expensive errors and makes sure your working environment facilitates your business objectives.
Location and Accessibility
Location is a fundamental influence of business performance as well as satisfaction of employees. Take into account the location in relation to the public transport, the parking space, and the availability to clients and suppliers. An interconnected site saves time to employees on their commute and enhances the impressions to the clients. Analyze the business environment around- are complementary businesses in the surroundings? Is the location marketing the talent your firm wants? Other regions such as St. Gallen have specific benefits such as good infrastructure and business conducive environments that facilitate the growth of the company.
Space Requirement and Flexibility
The accuracy of your assessment of your present and future space requirements is crucial before signing a lease. Include workstations, meeting rooms, storage and common areas of the employees. Look ahead- do you think you will require more space in two to three years? Most companies can appreciate the ability of flexible leasing options to allow them to expand without necessarily having to change locations. In the consideration process, it is useful to research resources; you can also find St. Gallen office space for rent websites, so that you can get an idea of configurations and layouts that support growth based on the business model and growth pattern.
Cost Analysis and Budget Planning
The rental expenses incurred in the office are way beyond the monthly lease. Add in the security deposits which are normally equal to several months of rent and utilities, maintenance, insurance, and any other charges. Know various forms of rental that are present in your area- someone may be prepared to offer scalable rent (Staffelmiete) or revenue-based rent (Umsatzmiete), which can prove economical to expanding firms. Demand line by line breakdowns on all cost before engaging on a lease.
Lease Terms and Conditions
Read contracts related to leasing with care, especially notice time. Favorable notice periods are flexible in the event that you require the flexibility as your business plans change or in the event that you identify a superior location as you expand. Know your roles and those of the landlord- in most cases, the landlords usually retain the structural components and significant repairs as tenants bear the regular maintenance. Get conditions that fit your business plan especially when you are not so sure long-term location requirements.
Amenities and Facilities
Consider the amenities provided: air conditioning, security, parking, internet facilities, and kitchen. High quality facilities lower the additional expenses and the satisfaction of the employees. Increasingly, modern offices are providing flexible working opportunities and thus, it is important to think more about whether the office space suits your work requirements.
Scalability and Growth Potential
Select a place and a landlord that will allow your future projected expansion without causing an interfering change of locations. Others real estate commercial platforms are known to deal with properties of different sizes, and thus relocating to another same-area locality is not a difficult task when the need arises. Essentially negotiate with property managers over possible expansion opportunities during preliminary negotiations.
Professional Support and Due Diligence
Hire their services of professionals, commercial real estate agents or brokers, who are knowledgeable of your industry and local market conditions. They will offer helpful advice on the reasonable pricing, the market trends, and the negotiation strategies. Never hurry in making decisions, evaluation is important and will save a lot of money.
Taking the Next Step
Leasing is a big undertaking that should be analyzed in details. With the systematic review of location, costs, flexibility and growth potential, you will be sure that the space you have chosen facilitates your business goals and financial well being in the long term.
