The benefits of renting a private office for your home-based business.
Renting will immediately provide you with a professional business address that is separate from your home address, as well as an actual street address to place on all of your stationery and marketing materials. Furthermore, renting space in a coworking office can give you access to shared resources, including high-speed internet, phone answering/voice mail services, conference rooms for meetings, shared filing cabinets for storage of documents, etc.
How to find the perfect space for your needs.
To find a suitable space for your business, you will need to do some research. First, determine what type of space you are looking for (e.g., private office, coworking space with cubicles/desk areas). Then choose a location that is both accessible and convenient to clients. You can find spaces available for rent in your area by performing an internet search or checking the classifieds of local newspapers/business journals under “office rentals.” This is a great tip if you need a private office for rent.
What to expect when renting new office space.
When choosing a new office space, it’s essential to make sure the landlord understands what type of business you plan on conducting at their facility. Ensure all necessary amenities are included in the rental package; this includes utilities (heat, electricity, water), janitorial services, parking, etc. You’ll also want to be sure that the landlord is willing to sign a rental agreement that suits your requirements (6 months to 1 year).
Also, remember that signing a lease can be binding; if you break the terms of your contract by holding over past the expiration date or by failing to pay rent when owed, you could lose your security deposit and be forced to pay additional damages/fees.
How much does it cost to rent office space?
Renting new office space will vary depending on local market conditions; in some areas, rates may be considerably higher than other parts of the country due to demand for office rentals outstripping supply. According to Global Workplace Analytics, the average monthly rate for office space in suburban areas is $729. If you start with a home-based business, you may want to consider coworking until your company grows and requires more private space. Coworking spaces typically charge between $150-$250/month; these costs often include complimentary high-speed internet access, conference rooms, phone answering services, etc.
Tips on how to make it feel like home and not just a rental unit.
If you want to make your new office space feel like home, there are some things you can do.
First, make sure your desk is comfortable and ergonomically sound. Then place items on your desk that remind you of your family (pictures, memorabilia) or hobbies/interests. This is a great way to help relieve stress in between work duties. Next, think about adding decorations that reflect what your company stands for; when visitors tour the office space, they will immediately get an idea of who you are by simply looking at your walls. Lastly, all employees must take pride in their office space; keep common areas clean and tidy so that clients/prospective hires can visualize themselves working there.
With businesses of all types and sizes turning to coworking spaces as an alternative to traditional office rentals (or even the shared office model), there has never been a better time to rent new office space!