Renting Office Space
The problem of adequate space is affecting everyone globally. Hence, people are looking for different methods to cope with this difficulty of managing space. The concept of sharing space is a positive step in this direction. Today, people who have any kind of extra unused space are renting it out to people looking for space.
One of the most popular trends in space sharing emerging globally is sharing of office space. Statistics show that a large percentage of space is unused in many offices. Myworksocial.com The reasons for this could be: one might be downsizing or closing down one's business or any other reason, the businessman might have excess space in his office.
Acquiring office space on rental basis has come as a big relief to small businesses. buyledmasks.com They are able to save time, effort and money by renting offices. There are a number of ways in which a businessman can rent an office space. They are:
Serviced Offices: While renting this type of office, the businessman can rent a room or an entire floor. These offices come with furniture and other facilities such as copiers, fax machines, phones, etc. The businessman also does not have to worry about maintenance. Conference/ Meeting Rooms are also provided. Some serviced offices provide trained staff in addition too.
Sharing Desk Space: Some firms may not require an entire office; space owners allow them the flexibility to share extra desk or space in the office. They can use the various facilities of the office. Some even provide computers to the tenants.
Co-working Offices: This is a concept of sharing space in an office by independent firms. In a co-working arrangement, the people working in the office are not working for the same organisation.
Virtual Offices: These are offices where the co-workers are in contact with each other in cyberspace. The space renting for this type of business entails, providing a business address and an official phone number and a secretary for receiving calls.
Therefore, a start-up Company can choose any of the above options that meet their requirements. Any of these types of office spaces give them an opportunity to start their enterprise with a small investment. They can also gauge the response of the market to their products or services before they think of expanding. It also gives them an opportunity to relocate, expand or downsize at a later stage. With such available options, renting space in an office seems like an optimal solution for small businesses.
Renting Shared Office Space
When talking about shared office space this means that it is an office that is fully furnished and equipped and is ready for a quick setup. An entrepreneur that does not want to work at home usually uses them or it could be a branch office. They are also known as executive suites and business centers. They provide the occupant with telephone, internet, and mail services. The professional facilities offered have a lower rent than the traditional offices. Some shared office space also includes business equipment like fax machines, copiers, audio visual equipment, and office furniture. They may even offer receptionist services. The leases for these types of offices will generally be for six to twelve months but others may offer the option of a three-month lease.
In some instances the rental space can range from a single cubicle or office to conference rooms. When looking for shared office space you should look at what amenities you get, the space options, and what it is going to cost per month. You should also look at the lease to make sure it is correct before you sign it. The first thing that you should do is decide what type of space you want to rent and how often you are going to use it during the week. If you are going to work every day you should consider renting a genuine office space.
If you just need a space where you can meet with your clients occasionally you should consider renting a meeting or conference room. If you just require that professional environment but do not need to meet with your clients you could rent a cubicle. How much a shared office space will cost you monthly all depends on what type of space you rent. Renting a cubicle is less expensive than renting an office with a door that you can lock when you are not there. The building where you are considering renting space may offer a long-term contract making the rent a little cheaper than if you rent month-to-month. There are some that will even let you pay as you need the space, such as renting a meeting or conference room.
Another thing that you need to consider is what amenities are offered when choosing a shared office space, like sharing a receptionist that will answer your own personal business line and will take either a message or transfers the calls to where you are. You should also see what type of business machinery and furniture are included with your rental agreement. Renting these types of spaces can help save you the expense of a full time staff.
Is An Open Office Space Plan To Your Advantage?
Office space settings have evolved over the years. In the past, business owners were used to having more private offices, where walls and doors separated space into individual offices. Now, many business owners are exploring more open plans, where co-workers are in closer proximity to one another. But, the question is often asked, whether this type of office setting is a truly advantageous one or not. By answering the following questions, you'll be able to pinpoint whether or not an open office plan will work well for your company.
Will an Open Office Space Plan Suit Your Employee Size?
Open space plans will work with certain employee sizes but not others. Before leasing commercial space with an open layout, you need to consider whether your employee size will work with such an office setup. Frequently, when you have too many employees, who are bunched together in an open space, the distractions are too apparent and will be reflected in the work product.
Does Your Type of Company Agree with An Open Office Space Layout?
It's also vital to consider what type of company your entity is, with regard to figuring out if an open office space will be a wise choice or not. If your employees are often on phone calls and need to be in an office environment where they have quiet work time, an open office plan is one which business employers may avoid in order to produce the best work product for their clients.
Will Your Employees Be Able to Concentrate and Work Best In This Type of Setting?
One of the primary concerns for employers is to offer the best type of setting in which their employees can work and be productive. Although open office space is sometimes chosen by employers so that the employees can work more as a team and not be isolated from one another, or it simply may be a situation where the office building is set up as an open space layout already, there are times when an employer would rather not have their employees set up in this type of office plan.
Examining Your Options
Before you lease commercial space, you'll need to examine the options. Determine whether an open office plan is suitable for your employees and see what's available in the way of office leases. It's extremely important to examine the options before signing a lease because if you decide to lease an office with an open space floor plan and you later decide that this was not a wise move, you are stuck with that type of office environment until your lease term expires. Considering your office space options right in the beginning will help to ensure that you select the right type of floor plan and lease an office which suits your company and employees.