Firstly, congratulations on your new or expanding business! This is an exciting time, but finding an office space that meets your needs and your budget can be stressful. At Nesta, we’re here to help with a checklist of must-checks and must-have!
1. Know how much space you need
Typically, a good rule of thumb is budgeting for about 1,000 square feet for every four to six employees.
This is one of the biggest factors for most small businesses. Your budget may exclude certain locations or office sizes from your potential list. Luckily, Nesta Business Centres have a range of offices to fit every budget.
Aside from the physical location of your office itself, you’ll also want to consider the neighbourhood and what’s nearby. This includes public transportation options, parking, and nearby cafés and coffee shops for a quick out-of-office meeting.
4. Lease term
Short-term leases are often more attractive for small but growing companies who may need more space in a few years. At Nesta Business Centres we have flexible rental terms for as little as a few weeks, months or as long as you want and without costly overheads and the restrictions of long leases.
5. Building amenities
Coworking spaces often come with built-in amenities like free coffee, outdoor common spaces and community activities. with telecoms, business-grade broadband as standard, onsite parking, meeting rooms and staff facilities.
6. Consider setting up shop at a co-working space
Co-working is a good option if you’re working with a tight budget and require a flexible, lower-cost arrangement. Depending on the specific co-working location, you could rent a range of spaces from team-friendly environments to dedicated individual desks, to entire meeting rooms on an hourly, weekly or monthly basis.