Is your current office space feeling a little claustrophobic? Thinking of moving your business to another location? If so, there are some important factors to consider when choosing your new location. There are five factors in fact. Lets take a look at them.
We’ll start with the obvious: make sure your new office is in a decent neighborhood. Your employees and customers will need to feel safe coming and going from the building, and that prospective customers to visit.
Does your new location provide easy access to nearby amenities? Where can your staff go on their lunch breaks?
Make sure that your business is located near places that will make their life easier. A location that is near restaurants, banks and shopping areas will allow them to run some quick errands or simply enjoy themselves more at break. Such a small intangible benefit for employees can go a long way.
To Share? Or Not to Share?
It may be a good idea to consider sharing an office space. You can save a lot of money on rent and other expenses if you share the load with another business.
If you decide to share office space, try to do it with a business that complements yours. For example, if your business provides online marketing services, you might want to share your space with a web design company. The referrals this could generate could create a profitable situation for both companies.
Selling Your Company
Read the fine print. You will need to know what happens if you decide to sell your company. In some cases, you may still have liability if the new owner does not pay their rent. This could put you in a position of having to pay for a debt that you did not actually incur.
Easy and ample parking at your new location is key if your business location requires a car. You want to make it as easy as possible for people to come in and out of your building.
For bonus points, see if you can work out a deal where your company can validate the parking tickets for your customers and employees. It’s another incentive for people to visit you.
Moving to a new location can be a challenging project. When you do decide on your next location, hire a reputable moving company that can make the move easier for you and your employees.