Renting an office space is one of the important decisions in any business. It involves a long term commitment that will affect the company profit and loss. The following are some tips regarding office rental
1) Location and Price Range
Location is this first factor you need to consider. But what is a good location? It is definitely depends on your nature of business. Question yourself the following
Is it necessary to locate your office at Central Business District or Downtown? Having your office located at prime location definitely boosts the corporate image but at the same time, it cost you more.
Does your customer need to visit you often?
If your core customers need to visit your office often, it is preferably to be located near them.
Is it convenient for your employee?
Do not forget about the benefit of your employee. An inconvenient location with poor transportation facility will not only give them a low morale but it may also affect your company in employing good talents as well as retaining one.
As office rental rate is based mainly on location, you need to strike a good balance of prime location and the rental you...
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