Questions You Should Ask Before Acquiring Your First Office Space

A business meeting that is taking place in a shared office space

For first timers, renting an office space can be confusing and intimidating. Understanding how each type of office space works and which one is the right fit for your business requires asking the right questions when touring a potential office space. Here are the top four questions you should consider asking before committing to an office space for your business:

1. What are the Upfront Costs?

It is important to understand just how much your new office space is going to cost you. While the monthly rental cost may appear great on paper, you could find that once other expenses are factored in, your new space may not be so affordable. Be sure to ask about pricing for a security deposit, attorney fee, furniture, parking, and office utilities. Shared offices at Barrister Executive Suites come fully furnished and provide receptionists as well as administrative staff. Knocking these two expenses off your list can be highly beneficial for those who are first-time office renters.

2. What are the Policies for Moving in and Moving Out?

If you need to move into your new office space quickly, it is important to be aware of the workspace provider’s policy for moving in and moving out. You need to make sure you are not waiting for an extended period of time for the space to be ready and understand your responsibilities when moving out. If you are using a traditional office lease, make sure to note the length of your office rental lease. Most traditional office leases are on a yearly basis, while many shared office spaces offer month-to-month contracts.

3. What is Included in this Office Space?

Understanding the perks your potential office space offers is a huge factor in your decision-making process. If your business is in need of extra storage, conference rooms, after hours security, or a kitchen, it is important to be made aware of what will be included in your office package.

4. Who Else Works in this Space?

Lastly, it is crucial that you know if you will be sharing your office space with other businesses. If you are considering a coworking space, make sure your businesses can coexist in a professional setting, since it is important for the well-being of your business and your employees. Additionally, you want to make sure other businesses are not too loud or distracting for your company. If you are looking for a more private office space without the traditional long-term office lease, shared office spaces may be the right choice for you.

Barrister Executive Suites offers the exceptional service, flexibility, and convenience that their tenants need to run their businesses successfully. Visit our website today to learn about our special offers and affordable virtual office packages, full-time offices, and conference room rentals.