Tips for Renting Coworking Office Space
This guide is for anyone in need of office space and unsure where to start.
Finding office space can be frustrating and tedious, even more so than finding an apartment (if you can imagine).
Oftentimes, it’s purely a question of information. Do you have the essential information—and nothing but— to kick start your search with confidence?
Here’s where to start.
It is important to consider the neighborhood when you are setting up your office. Keep in mind that the area is secured for the employees. Employees should be comfortable in leaving the office at odd hours. Pay attention to the amenities in the area such as public transportation, cafes, market place or somewhere employees can enjoy a drink or two. You need to consider the distance and time it'll take your employees to reach office.
Directors or Decision makers should keep in mind about space and setting where the employees are working. Consider if there is a proper meeting room or conference room in the office. A proper meeting room with all the facilities gives a positive impression of the company to the visiting clients. Lunch Room & Open space are important in an office for people to take a break and have a nice cup of coffee.
Comfortable Employees = Happy Employees = Better Productivity.
It is necessary to check the per sq.ft. prices in the area and make a compared and smart decision. See if there is parking available in the area. Check if it's paid or free parking. Utility costs are expensive depending upon the area. Know if these costs are included in the rent.
Make sure the agreement is based on your requirement. Check if you need the place for a long time or is it just a place on a temporary basis. Security Deposits are another major costs for the lessee depending upon the time period in the agreement and negotiations.
If your office space is on the 3rd Floor or above. Make sure the building has a working lift. Lift is a gift, in case you have any specially abled employees/users. Do pay attention to the AMC cost for the lift in case of multiple tenants in the same building. Make sure the lease states about the maintenance costs & issues. Landlord should maintain the building properly.