5 Things To Consider When Leasing An Office Space

Renting serviced offices in Dubai is ideal for startup entrepreneurs who are looking for an ideal office at a very affordable rate. But you also need to be smart in picking the right business space so you can make the most out of it. Picking the first one that comes your way office space that is offered to you is not advisable as you run the risk of picking the wrong one.

If you are thinking of factors and criteria to consider when choosing a business place to lease, be sure to read on the list below:

  1. Lease according to your industry

Business owners need to keep in mind that branding is an important part of the business as it what separate from other businesses. If you are renting an office space, you don’t have much choice. What you can do is look for an office space that is apt for your industry. It will be easy for your target audience to identify your business based on the look of your business place. For instance, if your business is into tech, try to look for a business space that will look the part.

  1. Mind the size

Some business owners try to cut corners by picking a small business place. Although it is cheaper than the larger ones, you need to take into account the comfort of the people who will use the space. Try to choose a space that can accommodate your employees and your office equipment, but also give people room to move around comfortably. You also need to take into account scalability.

  1. Think about the location

The location of the space matters, especially for starting business. Of course, renting in prime locations is ideal, but the price can surge to astronomical rates. But you can still go for downtown location with cheaper rates but still accessible to your intended audience. But you also need to factor the safety of the community.

  1. Know your allotted budget

Office rent might eat up the majority of your business fund so be sure to allot a budget that can cover at least six months’ rent. Do not go overboard with your budget by renting out lavish spaces. It might put your company is a financial crisis.

  1. Negotiate about the repairs

Some landlords try to put the burden of repairing the space to the new renters. Watch out for these stipulations. Try to negotiate it with the building admin as much as possible.

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