Your business premises are more than just a place for you to do your work. It’s an extension of your company, influencing how both customers and employees view your organisation. It can also impact the quality of the work done, too; people work better when they’re in an attractive and comfortable environment rather than one that’s a little more uninspiring. Therefore, it’s worthwhile looking into whether it’s worth upgrading your business location. In this post, we’ll run through some useful tips that’ll point you in the right direction.
Where do you need to be?
Location is more important to some business types than others, but all need to think about it. It’ll impact how easy it is to reach the space, how easy it is to connect with other businesses, how customers view your business (some addresses are more prestigious than others), and so on. You’ll need to decide whether you want to be in the centre of town or whether being slightly further afield will work for you. There are advantages and disadvantages to both!
How much can you afford?
If your business premises are to work for you, rather than against you, you’ll need to ensure that the space is in line with your financial situation. No company wants to spend more money than is necessary on rent, and they positively don’t want to run the risk of financial problems because of overspending on their premises.
Five years’ time
You’ll hope to be in your premises for a while, so it’s a good idea to think about the plans for your business. Where will it be in 5 years’ time? If you’re planning to add a lot more employees or make the move to remote working in the future, then that should influence your decision.
Getting the lease
You’ll have identified the location and can see that it’s the right place for your business to be for the years to come. Now, you’ll need to get your hands on the lease. Since commercial rentals work a little differently from residential rentals, it’s recommended that you work with solicitors such as Beyond Law Group Solicitors to thrash out the details. This will be doubly important if you’re planning to buy the space that you’ll be occupying. Working with legal experts will ensure that your lease doesn’t come back to bite you in some way later on down the line.
Smooth transition
Moving into a new office isn’t as stressful as moving home, but it’s not far off. You’ll likely have a lot of equipment and furniture to move into your new premises, plus it might take a few days before you’re fully up and running. Since it’s important that your move doesn’t disrupt your work operations, it’s best to either move into the new office slowly (transitioning from old space to new) or to pick a quiet time of the working year. That way, you’ll have time to settle into your new space without it having an impact on your customers.
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