virtual office los angeles

How to find the perfect office space for your business  

Finding a new home for your business can be a challenging project that requires careful thought and planning. A new office is  more than just a  change of address, the property you choose will ultimately reflect your company's values, culture and  personality. Therefore, it is  important to fully understand your needs before you start looking for a  new office space.

 

1. Make your budget

 

How much rent can you reasonably virtual office los angeles afford and can this  be maintained over the life of the lease? Remember to factor the business rate and service fees into your office space budget.

 

2. Determine how much space you need

 

Determining how much space you will need in your new office is a good starting point. Count the heads and consider the number of meeting rooms, private offices, and other amenities like kitchens, etc.

 

3. Where?

 

Location is an important factor when choosing an office space. Determine which location will be most convenient and attractive to employees and customers. The location of your office can make or break  business, and it will also affect your rental costs, so choose carefully.

 

 

.Brief your Commercial Property Agent

 

The next step is to source and brief a local commercial property agent. They will need a clear understanding of your office space requirements; what facilities you need, type and length of office lease required as well as the limitations of your budget and timeframe. This information will provide a framework for them to assess the market and come up with a shortlist of suitable office properties for you to view.

 

5. Viewing Properties

 

Viewing potential office properties can be a time consuming process. Go to each office property with an open and clear mind and have the Office Space Checklist at hand to help you priorities what considerations are most important for your business to perform effectively. Remember that first impressions count and last!

 

6. Analyse your Commitment

 

How long do you want the office space for? An average office lease is between 510 years, but shorter offices are trending giving businesses more flexibility. Try to negotiate the inclusion of a break clause within the lease to give you the option of vacating the premises at some stage before the lease expires.

 

7. Do your Homework

 

Before agreeing to take the space, you want to be sure you are getting the best deal possible, so ask your Property Agent for a list of average office rents and deals that have recently been completed / achieved in that particular area. That way, you'll be able to compare and weigh up your options and have assurance you are securing the best possible deal.

 

8. Consider Office Layout and Design

 

The layout and configuration of the space is an important factor. Are you looking for an open concept office or a mobile phone? If you're considering tearing down walls or building partitions, you need to know if this is a viable  and landlord-approved option.

 

9. Office leasing incentives

 

Office leasing is an important incentive when  renting an office. Your real estate agent will likely negotiate some of the properties on your shortlist to see which is the most profitable. Please be patient during this stage, as multiple copies of the office lease will need to be exchanged before a final agreement is made.

 

 10. Get legal advice

 

Once you're satisfied you've chosen the right office building, it's time to hand over the lease to a real estate attorney who will review all terms in detail. , make sure everything was clear. It's documented and  your business interests are protected.