Monday 12 August 2013

Finding the perfect office space

Your office space has a great impact on your business, it will affect your profits, employees and even customers therefore you need to find the perfect place that suits the purpose. Don’t be in a rush, plan ahead and think carefully before you lease office space Soho if you organize everything properly nothing will go wrong.

Deciding the location of the office is the first step, you obviously have to decide the city or town so if you want an office space in Singapore  you need to have a rough idea where in Westminster you need it, is it within the city or outside etc. If you’re establishing a new company you need to see if you can find proper manpower in the area and if you’re an existing company whether your employees can travel on time to your new place.

Decide on the space you need for the office. It will depend on the number of employees working for you. Generally you need to allocate 200 - 250 square feet of usable space per employee.

Avoid trying to doing it on your own. Call a real estate agent to find a place. They have a record of vacant spaces that are available, you simply need to tell them that you need to office for rent in Singapore and you will get several options. This saves lot of time and hassle. 

Make a budget that you’re willing to allocate for the lease, make a list of everything you would need and then include the amounts that you will have to spend on everything. 

Check out several spaces and then shortlist what you like. Unless you find the ‘perfect’ place without any improvements you will have to negotiate with the tenant. 

Avoid focusing only on the building make sure there is sufficient parking available because street parking may not be a great choice to opt for and this will become an excuse for employees to come in late.
Clarify all terms and conditions with the tenant and check the lease agreement carefully if you have doubts always discuss and verify them before signing.