Credit: Marc Mueller
If you’re about to purchase a retail space for your new office, it’s important to understand what to look for. Here at Condo Move we want to help you find an office space that’s comfortable, professional, and has enough room for you to grow as a business. Here are some of our best tips on what to look for in your new office.
Space to Grow
If you’re a new business, you need to make sure there’s space for you to grow. For instance, if you’re a firm of injury lawyers in Vancouver, then you need to be able to handle increased client loads by hiring more staff. Where you’re moving, is there enough office space available to allow for more staff?
Location, Location, Location
Discovering the right location for you can be a bit of a challenge. You need to juggle price ranges, traffic volumes, and the nearby competition. Wherever you move, make sure that you’re nearby a lot of foot traffic so that you can be sure enough people will see your building to develop increased brand awareness.
You should also research how close competition is for your services and products. If competition is too, it may negatively impact sales so that it’s difficult to afford both fixed and variable costs.
Remember Your Tax Deductions
Come tax time you’ll be able to file for tax deductions for new businesses, so don’t forget as this can be a large sum of income for your business to continue to grow. Tax deductions are viable on many business expenses such as office equipment and occasionally even payments regarding your rent such as utilities.
Sublease Some Office Space
If you do take up some extra space to give your business that extra room to grow, you can sublease it as additional office space in the mean time while you’re not using it. This will allow you to receive an additional income and it helps give you more potential options for leasing office space because you’re not as worried about a space being a little too big.
Work With a Trusted Agent
A trusted agent will be able to show you all the best spots in the city so you know that you’re taken care of. Before you hire an agent, look into their background in order to see what people have to say about them. The better agent you find, the better experience you’re going to have while shopping for your new retail space.
Finding an office space to lease is an exciting time, but one that can be pretty stressful. By focusing on these tips, you’ll be more fully prepared to take on your new task!