4 Factors to Keep in Mind When Choosing Your Office Space

Starting a new business or expanding your current enterprise is a thrilling adventure to embark upon! It’s exhilarating to think about the potential of your company and the best, most creative ways to achieve success.

There are a few things all businesses have in common, and one of those is the need for the perfect place to make the magic happen. Finding the right office space is the key to setting up your new or growing organization to meet your company goals. Make sure you take the time to thoroughly consider the most influential factors of business success when the time comes to choose the right office for your big commercial move!

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1.) Location

Determining the best location for your business should be the number one concern on everybody’s commercial real estate checklist. Your office needs to be easily accessible to both clients and employees in order for your company to function properly!

Make sure the property you’re considering is in a convenient area, surrounded by enough amenities to draw traffic and close to public transit. It’s going to be difficult to attract new customers if you set up shop out in the middle of nowhere! Surround yourself with enough similar businesses that you can benefit off of their traffic without getting too competitive.

It’s also important to make sure there are enough lunch spots and after-work hangouts nearby for your hardworking employees to enjoy.

2.) Size

As a developing company—whether you’re in the early or later stages of operation—you’re going to have to have a reliable space to meet your physical needs. Your office should comfortably accommodate all employees and necessary equipment.Professional Office Movers in Victoria, BC

Everybody should have enough personal space to work in productively and enjoyably. The general rule of thumb is to have 70 square feet per person. People working at desks pushed up against one another on all sides will probably be too distracted and uncomfortable to get much work done! Don’t forget about meeting and storage areas either.

You should also plan for further growth in your business as you search for an office space. Anticipating future needs and objectives now will save you the hassle, time, and money of another relocation in a year or two.

3.) Style

You might not think style is an important enough consideration to factor in to your office space decision, but we guarantee you’ll end up regretting it if you don’t! Ambiance and office culture are extraordinarily influential to productivity and client appeal.

The atmosphere and emotion you invoke with your interior design is a powerful way to assert your brand and solidify your reputation in the business world. Ask yourself, as you look at commercial property, if you can make this space reflect who you are as a company.

Think about your target audience; will this office make them feel welcome and at ease? Is the vibe more sophisticated and professional, or modern and personable? What are your clients looking for in your business and does your office reflect your ability to give that to them?

4.) Price

It can be tricky to decide if the cost of a commercial space is right for your budget and needs. An office that’s too cheap will likely prove to be lacking in necessary space or style, which means you’ll end up right back on the market in no time at all. On the other hand, if you choose a space that’s above your means, your company profits are going to take a hit.

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Do your best to ensure the place you’re looking at is affordable before you commit to anything. Investigate potential hidden costs that you might need to factor in to your budget—such as maintenance or parking fees. You should be able to pay for three months of rent upfront without issue if the office is in your price range.

Do a little research and compare prices of other commercial properties in the area. This will help you affirm that the one you’re interested in is priced fairly and allow you to make an offer with confidence.

Once you find the perfect space to cultivate a successful business, you’ll need the perfect moving team to help you make it your own! At Dowell’s Moving & Storage, our skilled movers are experienced in office relocation and ready to make your commercial move as secure and smooth as possible. Contact us today to learn more and let us help you take advantage of new opportunities!