Have You Outgrown your Home Office?
One of the most important decisions that any owner can make is choosing the right office building to conduct business in. Many
small business owners struggle with this because they are in the beginning
phases of transitioning from a home office.
When it comes to choosing an office
building, what are some of the things that you should look for? Generally
speaking, the very first thing that should be considered is the location. Make
sure that you are not moving out of a home office to a less secure and less
than desirable environment. The purpose of transitioning a business is to take
it to the next level, not vice versa.
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| Neshaminy Interplex |
Try to place your mind in the perfect
location and create some of the following things:
1.
Layout – the interior plans matter a great
deal especially when it comes to a growing company. You need to know if you
will be having clients or customers come to you and if you will need storage
area and so on.
2.
Expansion- Do you have the capabilities of expanding
or making any alterations to the building? As an example you may want to ask if
you are you able to paint it, design it or attach things to the wall.
3.
Choices- If you choose to expand, are there
other suites in the general area that you could upgrade to? Some buildings
offer a multitude of suites that serve different types of corporations and
business (small and large).
4.
Parking- How many employees do you have, is
there ample parking? Even the most amazing locations can offer every possible feature
you could imagine, but if there is no place to park, your company could suffer.
As you may or may not know, there are different classifications
put on commercial office leases. They are grouped into 3 categories: Class A,
Class B and Class C. Class A buildings are the cream of the crop, however
typically cost slightly more than the rest. Their cost is easily overlooked
once you gain knowledge of what they have to offer. Click here to view an
example of a class A office complex in PA. This particular interplex has even
received awards such as “Best of Bucks County”. That is the type of complex
this that you should really be striving to move your company into. Starting
your business off in a class A establishment is hardly ever a mistake, as the
wealth of opportunity usually outweighs the out of pocket expense. Class B
buildings are a step down from A, with slightly older buildings and less
amenities and features than A. Class C is the least desirable all the way
around. A class C building is usually in the worst locations, has little to no
management and is poorly constructed and maintained.
Choosing to relocate your business is exciting, yet should be
handled just as any other business decision. Although you are to congratulate yourself
for bringing yourself to the next level, be mindful that “you get what you pay
for” and it is a reflection of YOU. Where you choose to business says something
about you and your company, so try to keep that in mind.
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