Starting a business from scratch requires a lot of work and at times is more of a tedious process. Initially, most of your time will be spent firmly holding all your finances together, as it is important to depict a professional image.
With the drastic increase in startups and new businesses, many entrepreneurs have selected to run their business from home. Although, there are a lot of entrepreneurs that are unaware of office spaces that are available well under their budget.
If your startup or business is witnessing some growth recently, you’re gaining profits and you’ve started to gather in a few employees, perhaps it is the best time to look for an ideal space.
As an entrepreneur, while you are looking for suitable office space in Bangalore to meet both your needs and budget can get both enticing and stressful.
Here are a few tips that’ll help you in finding the best office space:
Connect with a Real estate professional
Finding the perfect workplace in your area can be a daunting task for you as an entrepreneur. Nevertheless, if you contact brokers or the professionals in real estate can get you the office as per your requirements and budget.
You may want to consider that obtaining their services can cost you some; it is also way more convenient searching for space rather than looking for one alone. Get to know an agent better, as their expertise can help you in negotiating and finding some best deals.
Consider the space you need
The general rule of thumb here is to have some extra space for your team and the clients visiting your workplace. As per the layout or the structure of the space, you should be able to get in all of your team into one floor.
Take into consideration the growth of your business regarding expanding the team or getting in new amenities such as printers, computers, etc.
The traditional office spaces have less to offer, and in case you are starting a new business, it is recommended to pay for what you use. If you are saving up some space that you are not using, you can use that money to expand your business. A business that is growing can benefit from the flexibility of the workplace, and it becomes even more convenient if you are in need of more space.
In traditional space, you pay for all of the services; there is also no option to either downsize or expand the space.
Segregate Business needs and personal wants
You can save a lot of time and money, once you are clear with all of the things you look in an office space. There are quite a few serviced apartments that are offering space with attractive features that segregate your personal and business needs.
Recommendations from your Employees
It is necessary for you to know where your employees are living and also understand whether it is convenient for them to travel to the location on a day-to-day basis. A location that is accessible to all of your employees is the most crucial decision you make in the selection process. If it is easier for everyone to make it to the office, you can continue to have the same talent for now, and in the near future.
Consider working from co-working space
If you are working with a flexible or a low budget, then working in a co-working space is the best bet you have. The pros of working alongside other startups are that you’ll be surrounded with like-minded people.
According to the co-working space, you can enjoy some of the amenities such as dedicated desks for each employee, a meeting room rented for hourly, daily or weekly basis. These co-working spaces provide you with the right kind of exposure that you’d require; get in new clients and also ample amount of working space available to visitors and staff.
The result of a business is long-lasting and a fruitful one. You can taste success in your business by creating a bond with clients, by building some trust and respect in their eyes.
An office space holds a great value in building newer clients; the selection process might take some time, but make sure that you find the best ones as per your needs and wants.