The Steps


Intro:
Before you begin
Step 1:
Know what you can afford
Step 2:
Define your space needs
Step 3:
Choose a location
Step 4:
Establish service needs
Step 5:
Negotiate a lease

 

Business


2torial #0924:
Learn2 Rent Commercial Space (continued)

Step 2 Define your space needs

If you choose a space that's too large, you'll be throwing money down the drain. On the other hand, a growing company needs elbow room to make way for future expansion. As you're determining square-footage needs, consider the following questions:

  • Do you need a reception area for clients and other visitors?

  • Do you need a conference/meeting room?

  • Which workers require quiet and/or privacy? How many will require private offices, and how many can work in cubicles?

  • How many people do you intend to employ by the time your lease is up?

  • Are bathrooms sufficient for the number of employees?

  • Do you need a kitchen or some other communal space where employees can gather informally?

  • Do you want distinct areas for different divisions of your company (i.e. marketing, technical, administrative, management, etc.)?

Go 2 Step 3



 

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