What Are the Most Important Factors to Consider When Buying an Office Space?

Buying an office space is a big decision for your business. Whether you’re looking to upgrade to a larger space or this will the first real office space for your business, the considerations you need to keep in mind are very different from the ones you’d have when buying a home. Keep an open mind, be patient, and keep these factors in mind as you search for the perfect office space!

Location is Key

Location can truly make or break the success of your business. The location of your new office space needs to be convenient for both employees and customers. Consider the distance from your current space to the new space and what that commute would look like for your employees. A location that’s close to public transit is a huge perk for both employees and customers. Are there restaurants and coffee shops nearby for employees to visit on their break? Is the parking easy to access? More convenient locations do tend to come with a higher price tag, but all of the benefits you get are well worth the cost.

Plan for Future Growth

Consider where you see your company in 5 years. If you plan to double the number of employees you have, you should find a space that can accommodate those plans. Choosing a place that fits your company in the present is good but finding a place that fits your future plans is absolutely essential to long-term success. Don’t forget to keep your goals realistic to avoid ending up with a space that’s larger than what you’d ever need.

Does the Space Reflect Your Company in a Good Light?

A lot of office spaces are located in larger office buildings that contain more than one business. If that’s the case, consider what the rest of the building is like. Are the other businesses in good condition? Is the parking lot in good condition? Will you be proud to bring customers to this location? If the office space seems like the perfect fit in every other way but doesn’t reflect your company in a great light, then it isn’t a perfect fit at all. Finding an office space that you’re proud to have to represent your business is one of the most commonly overlooked keys to success.

Contact Quinn & Associates, Inc.

If you need some professional help to find the perfect office space for your business, Quinn & Associates, Inc. can help! Our team has the experience and resources to narrow down the potential office spaces and find one that fits your specific needs. Contact us today to schedule a consultation and get one step closer to finding your dream office space!