The process of choosing the perfect office space for your business or medical office is both rewarding and stressful.
There are several considerations to take into account involving the present and future needs of your business, as well as the needs of your employees and clients.
A British survey found that 97% of employees felt that their workplace was a symbol of how much their employer valued them.
In America, a similar survey found only 11% of employees were highly satisfied with their work environment.
These statistics are significant because employees who are not happy in their work environment are less productive and do not feel valued by the business.
Therefore, it is vital to find office space for lease that reaffirms the brand of your company to promote happiness and productivity that will trickle down to your clients.
Read on to learn how to choose an office space that balances all the needs of your business.
Table of Contents
The location is the most important factor in choosing an office space because it can impact client perceptions.
The accessibility of the building is the main concern with location.
Is there adequate parking?
How far is the building from the majority of my clients?
Is it easy to find?
In the case of distance, your business shouldn’t be in the middle of nowhere. It is better to balance location and cost the majority of the time.
Find balance in a space that is in a major city or a touch outside of one to ensure the location isn’t hurting profits.
Also, consider talking to employees about the ideal location as well because employee retention could be negatively impacted by the change.
Furthermore, an attractive area is desirable for both the employees and clients. Look for an office space for rent close to nature with plenty of natural lighting. Being surrounded by nature helps reduce employee stress levels and natural lighting helps improve employee health and has one of the highest impacts on work productivity.
It is also best to have a location that is close to shopping malls, restaurants, and coffee shops, which benefits clients and employees with access to other businesses.
2. Company Culture
A company’s culture is the personality that underlies the business. It encompasses the values, beliefs, behaviors, and systems that make up the “genetic code” of your business.
It is important to think about how well the office space for rent matches the existing culture and brand that you promote.
The empty office does not need to have personality already, but rather it must have the potential to be customized to suit you.
Imagine clients viewing the space for the first time. What do you want them to see, feel, and believe?
Choose the space that best suits the ideas you have for your brand, and then promote that brand as much as possible.
3. Floorplan and Layout
The floor plan and layout of an office are important to consider in terms of usability.
How do you envision your office space?
The answer to these questions will greatly depend on the type of business, as well as the business model in mind.
Consider what has worked best and what behavior you would like to encourage in an office space for rent.
In most settings, there should be adequate space for collaborative tasks as well as individualized tasks.
There should also be designated areas to socialize and present important topics.
Productivity should be the first consequence of the floor plan to consider. The employees will respond to an office layout positively or negatively.
It is best to plan the layout of any office space to decide if it can support your vision.
4. Business Needs
The needs of your business are dynamic rather than static. The best office space for lease is one that can fulfill the present desires of your company while considering the future.
Where would you put additional employees?
Could we handle more clients than we currently serve in this space?
The room to grow is the most important consideration. It is almost always best to choose a space that is bigger than current needs because of this potential growth.
The nature of your business also impacts what the company’s needs are. Space should align with long-term goals, type of work, and type of clients.
These factors will determine what is most important in the office, such as a reception area or client meeting room.
5. Financial Considerations
Finances are another very important consideration in an office space.
A business shouldn’t invest in a property that is beyond their means, as this can result is catastrophe down the line.
Set a budget that is comfortable with a little bit of room for negotiation. Ask about all additional costs that may be associated with the property, such as parking costs, internet, or other hidden fees.
The perfect place should have a balance between the location, and layout, and the cost.
It is almost never a good idea to pick a place that is too inexpensive because that could signify other issues or fees. Check that you know all that the office will cost you before you sign any paperwork.
As well, consider leasing a space as an alternative to purchasing. This allows for much more freedom for growth and flexibility in the future.
The lease period and requirements should be viewed by a lawyer to avoid any surprises down the line.
Lastly, ask about maintenance of the space and who will be in charge of that. It is desirable to have an owner that will maintain the location.
Find the Perfect Office Space for Rent
The perfect place for your business should be as unique as what you offer the clients you serve.
An office space that is suitable will boost productivity and employee retention, as well as promote your brand to clients.
The factors to keep in mind during your search include location, company culture, floor plan and layout, business needs, and finances.
The best method to balance all of these is to begin a priority list. Find two or three locations that meet the majority of the priorities and start the decision process.
Office Space For Lease in Sterling Heights MI
Please feel free to contact us to discuss your office space needs or to schedule a private tour of the office space we have available for rent in Sterling Heights… the Golden Corridor of Macomb County.