When looking at a commercial property for rent, don’t limit yourself to properties you’ll rent just for you and your team. When starting out, you might be better off with shared office space. This is a great way to cut costs and shared office space can offer numerous benefits for your business.
However, you have to be sure that the shared office space you decide on is the right fit for your business. Here are three things that you should be looking out for.
1. The current culture of shared office space
When renting out shared office space, you’re going to be moving into an established business environment that already has its own culture. It’s hard to control this culture when moving in, so you have to be sure that the space is right for you.
For instance, if you need a quiet space to think and work, you don’t want to be moving into an office where there are a lot of disruptions, like being near a sales team. Look around and speak to those already in the room. Ensure there isn’t a culture clash for your business.
2. Local amenities
Depending on your needs, you shouldn’t just look at the office but also the surrounding area. If you need good parking (for those who travel around and need to park their company cars at the office) or good food facilities nearby, ensure they’re close by before you start renting your shared office space.
Don’t rely on a quick tour of the facilities, however, ask those in the area already; they might know of a hidden facility.
3. Other services
Some shared office spaces for rent come with extra services. This can include marketing, legal and even telecoms. Check with the company renting you the space what they’re including with the price and if there are any extra costs. For instance, some spaces might come with free incoming calls but charge you for outgoing calls.
Check the extra services against what you need. You can often find a bargain.
When deciding on which commercial property to rent for your business, you might get a better deal if you choose to rent a shared office space. There are numerous benefits to this, but you also have to make sure the space is suitable for your business’ needs.