Selecting Office Space for Your Business

Your workplace culture influences morale, devotion, and production. Many companies underestimate the value of facilities management.97% of survey respondents claimed their firms prioritized the workplace. Only 11% of 1,000 American workers were happy. Nearly half of them said their workplace lacked character. There are various things to consider while upgrading or moving your workplace. We have developed a guide on locating a new office location to secure your business’s success.

Location and Accessibility

The office building location is the most critical factor. How quickly clients can access a business may impact its short and long-term success. Workers in fast-growing cities worry about parking and traffic. Half of the chronically late employees blame traffic congestion, although a third of workers are late at least once a month.

Workers may concentrate on their jobs without thinking about how to get to and from work. Finding a space that is close to retail centers, restaurants, bars, and coffee shops may enhance productivity and morale.

Price

Renting an office requires careful preparation. The price affects your company’s revenue and net profits. Underpriced or subsidized office space may be in an unappealing region and have inferior amenities. Depending on the pricing, the corporation may be obliged to sign a lease and pay extra charges.

Check for maintenance, parking, and association dues before signing an office lease. Consider if the rent is reasonable considering the neighborhood and facilities.

Company Size

Your company needs enough room. You don’t want to overspend on an ample space you don’t need, but you also don’t want to cramp your staff. Each worker needs at least 21 square meters of space. If you have ten employees, look for a 210-square-meter office. There are several types of businesses, each with specific demands.

Knowing your space demands, you won’t need to search for a new office. Consider a bigger, more versatile office if you want to grow your firm and hire additional people.

Technology and Infrastructure

Internet connectivity is essential for businesses nowadays; thus, it should be considered when renting an office. Some business rentals include internet services. Consistent and fast internet is vital for efficiency. Check whether the building you’re contemplating for your company’s headquarters can handle infrastructure updates.

Design/Layout

Office layout and design aren’t something you can compromise on or neglect. It boosts productivity, morale, and workplace happiness. Your workplace’s environment reveals much about your devotion to your company and employees.

A recent study shows that a workplace’s layout, natural and artificial lighting, air quality and ventilation, noise and acoustics, aesthetics, and proximity to nature (e.g., plants and natural scenery) are significant.

Need Our Help?

Millyard Technology Park has various years of experience in helping clients choose a suitable office space that is sufficient, functional, and aesthetically appealing. If your current office space isn’t doing anything for you, get in touch with us today.