Mistakes to Avoid When Leasing Office Space

Posted by Mikecheng on November 16th, 2015

The idea of an office search can be thought by many to be a simple task because of the availability of various options. Today, you can get an office for leasing in nearly every street of the city. This does not mean that you will get the same offer and that is why before you begin the entire process, you need to be very cautious. Our business has been in operation for a decade now and what I can tell you now is that we have been though ups and down when it comes to office spaces. We have made many mistakes in the past which I thought you should know.

When it comes to an office search endeavor and you think that you can do it alone, then you should be ready for endless headaches. You can’t be a Jack of all trades and that is why you need a real estate broker. The good thing about using brokers is that they have exceptional knowledge on the available office spaces. They will also negotiate for good deals on your behalf such as attractive monthly rates. This won’t be the case if you did it alone.

I remember in 2010 when my company leased more than we needed. We were paying monthly rents for office spaces that were not adding any value to us. We could not run away from paying it because we had already signed the lease which was to expire after a year.

The last but not the least mistake in office search is choosing a far location from the CBD. We did that and we witnessed a decrease in the number of new clients since they preferred to transact with businesses that were accessible.

If you take this advice from us, you will lease a reliable office that will see your business reaching out to more clients.


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Joined: January 16th, 2015
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