10 Top Tips for Start-ups
Starting up a business can be hard, with a multitude of different things to think about, not least of which is where you’ll be hosting the new venture. While many small businesses and one-man band start-up’s opt to choose working from home as a focus for their idea, this isn’t always suited to everyone.
After all, working from home can often be cramped, there can be family distractions and while it may work out as a cheap route to take, the solitary lifestyle can also be off-putting to some. For a chance to get out there and start your business in a ‘proper’ office there are now plenty of options to choose from and this can also be a great way to grow your new venture too.
Location, location, location
The place where your business is situated could prove to be critical to how well it does, so use the internet to search out prime locations for rent in the area that you favour. Thanks to the current climate there is no shortage of office options to choose from. Picking a prime location and you may well find that it’ll attract a lot more business without you even having to try too hard.
Keep an eye on price
Thanks to the internet it’s now quick and easy to find out the going rate for the sort of office space that you’re interested in. Using comparison websites, a bit like those you use for broadband and mobile phone deals, are now really good at giving an instant overview of the sort of prices you can expect of pay for your new location. You can do this sort of searching for free too.
What type of office?
Depending on your business needs there is a whole host of different office space types for rent right now. Choose from a desk rental in a shared office if you’re a one-man start-up that doesn’t need anything more sophisticated. Alternatively, bigger ventures might want to explore the possibility of renting a shared office in a complex, complete with receptionists, post and IT support.
Need your resources?
Make sure that you check what comes with the desk or office setup that you’re planning to go for. If you need just a desk then it’s likely you’ll also want an internet connection to plug in your laptop. Make sure that it’s of a sufficiently decent speed to allow you to do everything needed in a normal days work. Also make sure that the desk or office has basic amenities, such as a WC and hot, plus cold running water ideally.
Room to grow
You may have a small business right now, but what plans do you have for it in the future? If you’re thinking that you may get to the point where expansion is on the cards then think about the office space you’re renting. Can it be expanded, will the landlord allow it and if so, will it be cost effective depending on how well you business is doing? Considering this early on can save time and cash later.
The great thing about many of the desk and office space rental schemes that are currently available is that they generally have very convenient contract arrangements. Many will be relatively short-term, on a rolling contract basis and with little tie-in so you won’t be stuck in the same place for years on end if you don’t need to be. That also means you can often move in and out quite quickly too.
What else is included?
Remember to use the time during your initial check of available properties as to what is also included in the desk or office rental deal. Will your location be in a secure environment, so that you can walk away at the end of the day feeling reassured that they have sufficient security in place? This can be crucial if you have a business that deals with client data or paperwork, but is also good for a general feeling of well being even if you aren’t.
Work it out
There’s not much involved in figuring out how much space you’ll need if it’s only yourself that you’re looking to house, but if there are more employees in your business then don’t forget to spend time calculating the amount of available desk and working space that you’ll need. Most deals are costed out by the square foot or metre, so be sure to look at what’s available and do your maths to check that you’re not going to end up having too much or too little space.
It’s well worth checking with any prospective landlords and reading the contract details carefully if you think you’ll need to customise your new found office space. After all, many businesses like to have their own identity, so be sure to check if it’s allowable to make any alterations to the look and layout of the office. If you’re leasing an office they may allow you to paint it to match your ‘look’ but don’t get the paintbrush out until you’ve had the thumbs up.
Time to go?
While many desk space rental of shared office deals are relatively short term make sure that you know what kind of notice you will either get or have to give before you sign up for a location. You may find that you quickly outgrow the surroundings, so you’ll want to be sure that you’ll be able to move on up whenever the need arises, rather than having to hang around waiting for a contract to end.
About the author: Rob Clymo writes on behalf of www.officegenie.co.uk, the UK’s first proper online marketplace for desk space and shared office space.