The need for more office space indicates that a business is expanding and doing well. Not only do you get to help define your company culture based on the space, but you can better connect with your customers and employees. Choosing new office space for relocation is a big decision, with several complicating factors. Considering the many elements that go into a successful office location will help keep you and your team successful.
Commute Times
The office is a place for employees to gather and function for your business. It only makes sense to consider their concerns and overall quality of life. Before choosing a new office location, consider the average commute times for your employees. Many companies will perform a commuting analysis to determine how beneficial a new office location is for employees. Not only will a short commute time keep current employees happy, but it can be a significant incentive to attract new talent to your business.
Flexible Space
Many businesses use a hybrid business model, blending traditional office space with a work-from-home application. Make sure your new office space has the flexibility to work with the changing flow of employees. Typically, employees seek a large, open workspace with plenty of natural light. Ensure employees can escape for a recharge in private and quiet spaces. Modern office spaces allow collaboration with large desks and a relaxed gathering space.
Lease Flexibility
In the current economic climate, business owners must plan for uncertainty and the unexpected. Even if you run a fantastic business, remember that external circumstances can quickly cause a business to take a right turn. Be sure your office space has a flexible lease option to allow you to break the lease and relocate if necessary.
Budget
Consider your overall budget when searching for a new office location. Keep in mind that your budget should include more than just monthly rent. There are often hidden fees associated with large office complexes and buildings. Ask about potential association dues, janitorial service costs, or maintenance fees. Consider the location and how it’ll impact taxes and utilities. For the sake of your employees, ask about the current IT setup and any potential parking fees. These additional costs can quickly add up and put you at or over your maximum budget.
Space
Of course, you want your new office location to have enough room to fit your employees comfortably, but you must also consider auxiliary space. Does your new office location have room for breakout meetings or conference space? An integrated conference room is ideal for employee gatherings and can save money in the long run by hosting meetings and events on-site. Of course, having too much space is also problematic. Paying to power, heat, and cool an unoccupied oversized building is a waste.
Customer Base
Customers are crucial to your business, so you must consider their needs. You’ll want to find an office location close to your customer base. You’ll have more success drawing from your existing customers and potentially expanding your base further if you’re in an easily accessible part of town.
Moving Your Business Simplified
Setting up a new office location is exciting and a sign of growth and success. A moving team helps contribute to your success with a smooth and seamless moving day. Contact our experienced team today for a quote on your next office move.