Monday, February 3, 2014

Importance of Location in Renting Commercial Office Space

It's time to expand your business and move out of your home office. Yes, it is a major step and hence should be taken with care and caution. As you are stepping into the world of business for the first time, it would be best to rent a commercial office space in Pune, Mumbai, Delhi or whichever place you are working in. However, even if you are renting an office space for your business, there are several factors that you have to consider. One of the most important among them is the location of your office.

The ideal location for your company would depend on the type of business. If you have a service business, for example, plumbing, painting, pest control, etc., the location of your office would be of least importance. This is because very few of your customers would actually visit you. In this case, you can look for an office space that is cheap. However, IT companies, law firms, engineering consultancies, etc., need to focus on the location factor while looking for an office space for rent.

If you have a business that sees lots of visits from clients and customers, a prime location is definitely a must. Your office must be located in such a place where it would be easy for your clients to visit easily. If your office is situated in an area which is difficult to access, there are chances that you may lose on your client list.

It is important to consider your employees while renting commercial office space in Pune, Mumbai, and other such cities. Choose an area to which your employees can travel easily. Check out whether the public transport system is strong in that area.

Other than that, it is also important to select a place that has a safe neighborhood. You and your employees would be spending more than half the day at the office and hence it is important that everyone feels safe not only while working but also while commuting to work and back home. Another thing that you must consider is whether the area has good amenities like restaurants, pharmacies, banks, stationery shops, etc.

You may find it difficult to find an ideal location that suits your budget. The key is to set your priorities right and keep looking. You understand your business best and would know what would be the best thing for it. So, choose wisely!