Finding your Perfect Office
An important part of business planning for any start-up is choosing a location to do business. For retail businesses, the choice of location is critical for the company's success. But there are several things to keep in mind as you pick out office space for your new start-up as well.
One of the biggest mistakes that new entrepreneurs make is they choose the first office spot that they can afford and appears to have enough space to get their business started. It isn't until these entrepreneurs start to do business that they realize just how important it is to take the time to fine the perfect office for their business.
You may not think that the location of your office matters, but the right location can make conducting your business a lot easier. For example, if your company will be making a lot of trips to the airport, then getting an office close to the airport makes sense. If you have a particular vendor that you will be using frequently, then it would be a good idea to be close to that vendor.
You need to sit down and consider all of the elements that go into your business and then choose an office location that makes sense. If you choose an office that is miles away from where you need to be, then you will sustain delivery costs that you may have not counted on.
The traditional start-up office layout is a big, open space with a couple of conference rooms off to the side. It is a practical layout that you can use as a place to put cubicles and grow your business. But what if that standard layout is not the best choice for your business?
Take a look at your business plan and determine the ideal office layout for your company and use that to choose the right office space. For example, a clothing design company is going to need a wide open area for developing fashions. That means that the floor space for a clothing design company would need to be more than it would be for a company that just needs room for a few desks and a copier.
Does your company plan on hosting potential clients to try and win business? If that is the case, then you want to choose an office space that it is in a nicer part of the business district.
Will you need a lot of parking for your employees? Will your office location need a loading dock for deliveries and shipments? The perfect office space is one that you can move into and start doing business right away. If you have to spend time and money molding your office space into what you need it to be, then you chose the wrong office space.
Your business plan has revenue and staffing projections for the next three to five years. Your office space needs to be able to accommodate those projections if you want to avoid having to incur the expense of moving your company as it grows.
One of the most important aspects of finding the perfect office space for a start-up that gets ignored is making sure the space is able to accommodate the company's growth. An entrepreneur needs to look at the future as well as the present. The costs associated with moving your company to a larger office can be much more significant than paying a few dollars more per month in rent for a spot that is larger than you think you need.
Security and proper accessibility are important features to consider for your first office space. Investing in a space that has surveillance cameras and card access locks will help your staff to feel safer, and it will also make it easier to attract new employees as your company grows.
Do you want one entrance into your office, or do you feel it will be necessary to have several ways to get into the building? Sometimes it is easier to maintain security when there is only one door, but it can also be easier to keep guests separate from employees when you have more than one entrance.
Your new start-up needs to have the perfect office space in order to get off the ground. Use your business plan to determine just what kind of space you need and then take your time to find the perfect office for your new business.