Our guide for small businesses on finding the perfect office space

For small businesses, finding the ideal office space is a critical step in establishing a productive and professional work environment. The right workspace can impact employee morale, productivity, and even contribute to the overall success of the business. In this blog, we'll explore the key considerations for small businesses looking to find office space, and why engaging an office broker can be a game-changer in this journey.

What to do before moving office space

Evaluate your requirements

‍Before diving into the search, take the time to assess your business's specific needs. Consider factors such as the size of your team, future growth projections, desired amenities, and location preferences. Having a clear understanding of your requirements will guide your search.

Establish a realistic budget  

Factor in not just the rental costs but also utilities, maintenance, and any additional fees associated with the space. It's crucial to find a balance between affordability and the amenities you need.

Why consider an office broker when moving office space?

Expertise and market knowledge

Office brokers specialise in the commercial real estate market. Their in-depth knowledge of available spaces, market trends, and negotiation strategies can be invaluable for small businesses navigating the complexities of leasing.

Time efficiency

‍Searching for office space can be a time-consuming process. An office broker streamlines the search by presenting you with pre-screened options that align with your requirements, saving you time and allowing you to focus on your business operations.

Negotiation skills

‍Office brokers are skilled negotiators. They can help secure favourable lease terms, including rental rates, lease duration, and potential concessions. Their expertise ensures that you get the best deal possible for your business.

Why you should work with Found

Genuine care

Our primary mission is to build strong client relationships and find you the best office space. The main difference in working with Found, is the time and dedication from our team. Finding clients their dream office spaces is our passion and our goal is to build and maintain genuine relationships with our clients.

International expertise

‍We have global expertise, meaning that we can not only place your local team but also help your worldwide network too. We are ready to help whenever and wherever you are around the world.

Unbiased, expert view

‍We have no preferential agreements and have access to the entire office space market globally. Combined with our 25+ years of team expertise in the industry, we are well placed to advise you on your next office move.

Key considerations in moving office space

Location

‍Choose a location that aligns with your business goals. Consider proximity to clients, accessibility for employees, and the overall image the location conveys to clients and partners.

Amenities and infrastructure

‍Assess the amenities and infrastructure provided by potential office spaces. This includes meeting rooms, wellness areas, high-speed internet, security, parking facilities, and the overall quality of the building.

Future growth

‍Anticipate your business's growth and select a space that can accommodate expansion. A flexible lease arrangement or the availability of adjacent spaces can be crucial if your small business is on a growth trajectory.

Lease terms and conditions‍

Carefully review lease terms and conditions. Pay attention to factors such as lease duration, renewal options, and any hidden costs. It's advisable to seek legal advice to ensure that the lease agreement is fair and transparent.

Conclusion

Finding the right office space is a significant milestone for small businesses, impacting their operations and growth. Engaging the services of an office broker can simplify the process, leveraging their expertise to secure a space that meets your specific needs. Before making the move, consider your business requirements, budget constraints, and the long-term viability of the chosen location. With careful planning and the right support, your small business can find the perfect office space to thrive and prosper.

If you are looking for a quick cost estimation for your office space requirements, check out our Free London office space cost calculator.