hoosing the right office building and the suitable office is a very difficult but important task – important for the simple reason that the right office space can make your business and if it isn’t, it can break your business. You will have to strike the right note between getting the right space at the most affordable price and the perfect office space at the perfect location. This is indeed a taxing experience, especially if you are operating on a very restricted budget. The right space, can play a very vital role in defining your future and the future of the business.
There are a number of factors that you will have to take into consideration while choosing your office premises.
1. The Location: Choose the location with reference to the following points:
a) Neighbourhood: Take a look at the neighbourhood and see if it is moderate, trendy, or sleazy. While a moderate or trendy locality will do, you can rule out a sleazy neighbourhood.
b) Safety of the neighbourhood: Safety of the neighbourhood is extremely important as your employees would be spending a major part of the day here.
c) Transportation facilities: Find out if there are good and convenient transportation facilities available for your employees. While commuting is inevitable ensure that they do not have to travel a long distance by foot. Find out if their travel by foot is safe.
d) Other facilities: Check to see if there are restaurants nearby for the convenience of your employees. Check out the proximity to banks.
2. The Building: Take a look at the building from the following aspects:
a) Security: Make sure that the building is safe and secure from thefts and break-ins. Do ensure that the building is well protected from natural disasters.
b) Building work: Do not enter into any agreement till you find out that no building or construction work is planned in the near future, or else you will have to put up with noise, dust, and pollution for quite some time.
c) Maintenance: Find out if there is proper maintenance of the building and it does not have any electricity, water, or sewage problems. Check out the infrastructure of the building and do take care to check for any leaks and there are no pests or rodents in the building.
d) Parking: Take care to see that there is adequate parking in the building.
e) Competition: It is important to find out if there is any competitor with the same type of business as yours in the building. And, if so, you will have to think again.
3. The Space: Take a look at the premises to find out if it is adequate for your business, and if can accommodate all your departments. Check out for acoustics and check for the noise level. Look at the scope for provision for future growth and development of your business.
One of the very important things that you should not forget – Do not think outside your budget or you will definitely land in trouble.