Finding the Right Office Location when Starting a New Business

By Charles Hopkins Published 07/6/2007 | Business and Finance

Starting a new business can be both exciting and hectic. When you start a new business you must make many important decisions about how your business will operate and where your business will be. Choosing your office location is one of the biggest decisions you will make.

Quite simply, the location of your business has a direct relation to the success of your business. The act of choosing the office location should be one that is to be heavily considered.

When choosing office space you need to consider a number of variables. First, you will need to choose a space that accommodates your needs. Second, you will need to choose a site that you can afford. Third, you will need to select a site that is in a convenient location for both you and your clients. Finally, you will need to consider miscellaneous concerns like security, parking availability, and lastly, whether or not the site you choose provides you with enough room to grow in the future.

In choosing the office, the actual size of the location is a big factor. Will you have a lot of employees, or just a few? Will you have need of conference rooms, libraries, waiting rooms, or reception areas? Do you expect your business to flourish quickly? You dont want to rent office space only to discover that your business quickly outgrows the location.

These are some factors that should be considered when you are looking for a place for your office. You will need a site that will not only accommodate your immediate space needs, but you will need an office that will accommodate your future business needs as well.

Affordability is a large factor when choosing office space. In choosing your office location you will need to find a place that provides you with as little overhead as possible, while still meeting your space needs. You dont want to rent a location only to find out a couple of months down the road that you can no longer afford the location. When considering affordability, you will also want to consider the conditions of any lease you sign.

Alternatively, you also need to be concerned with the actual location of the site. Is the location you are thinking about near all of the amenities that your business will require? Locating your office near services that you will constantly rely on isnt always possible, but it is good when you can do so. Finally, you want to select a location that will give your business high visibility, and one that will enhance your image.