Tag Archives: Business

A guide to Renting Office Space

If you are looking to start a business, there are so many things that you will need, and this requires a lot of planning. Any company’s future will normally be decided within the first three years of operation and therefore it is important that you be thorough and not leave any loose ends.

The basic needs

When you start your business, the first thing will be toaa02 register the company, and for this, you will need an address. If you are considering leasing office space in austin, you can use that as your registered location.

You will also have to do many other things including buying furniture, office equipment, and hiring staff. But for any business, the location should be crucial.

How to select a good office space

There are so many buildings that would rent out office space to those wanting to start a company. However, you must decide on which ones will suit you best, and this does not only mean looking at the ease of access but also the ownership and the facilities available on the premises.

It does not matter if you are talking with the owner of the building or an agent, you must clarify a few things before you sign an agreement as it may be too late after signing and you will find yourself in a costly mess.

Building management

First, you must find out how the building is managed and who the actual owners are. You should also know if the building is for sale as you may end up having to move sooner than you expect. Find out where the owner or managing agent is located so that you can contact them easily in case you need assistance. Also, ask how the building is maintained and who is responsible for keeping it clean and tidy.

The cost

aa01When renting office premises, the amount you pay will dictate on whether you base your operations there or not. You should check what the base rate is in the area and also how much they plan on escalating (increasing the rental price) the lease each year. You should ask how much security deposit there will be if any and also what amenities will be included in the rental price. Parking facilities and how much it would cost you monthly should also be discussed. Ensure that you can make certain changes withing the space so that you can design your office to be functional and suit your needs.