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4 Important Things to Consider While Choosing Office Space for Your Start-up

Author: Sahaana Jai
by Sahaana Jai
Posted: Apr 15, 2016

With numerous start-ups coming up in various industries like ecommerce and technology, India has emerged as a hot spot for start-ups in the past few years. The National Association of Software and Services Companies (Nasscom) reports that, the number of start-up companies at the end of 2015 was 40% more than that of the companies at the end of its previous year. It also says that, start-ups these days have received heavy investments which have helped them become more enterprising. If you are starting a new business and are looking for an office space to start your operations, here are a few things you need to consider while choosing the office space.

  1. Size and Location: Location is the first and foremost thing that you need to be concerned about while selecting an office space. It has got lots to do with your business; it’s always a plus to have an office space in a central business district or the prominent commercial area of a city. Though it calls for a higher expense, it can certainly be a good investment in the long run. Also, if you are a growing start-up, you might have to add few more employees, so consider opting for a space that can accommodate the number.

  1. Design and Infrastructure: The investment made on an office space is said to be worth if it has a well-developed infrastructure, parking space, connecting roads, uninterrupted current and water supply. You also have to see if the building is designed keeping in mind the norms defined by development authorities. The building should also be equipped well to cope up with situations like fire accident.

  1. Amenities offered: It’s needless to say that you will have to see the amenities being offered. Because it’s really essential that an office space is equipped with all the basic amenities to make it work-friendly for the employees. Building amenities include well-serviced lift (if your office is in a high-rise), security, staircase and electric backup. Office amenities like cafeteria, conference room, clean and serviced washrooms are some of the basic requirements.

  1. Lease Term: Once you choose an office space to carry out your operations, first thing to do is to examine the lease. Make sure you sign the lease agreement if an only if it suits your expansion plans. As yours is a start-up, you will have to make certain changes over a period of time and the lease shouldn’t restrict you doing that. Hiring a professional to go through the lease can help you a lot in making a right decision, instead of blindly signing the agreement and facing problems later.

Leasing an office space is always a crucial call as it entails a huge investment of resources and time. But keeping in mind the above mentioned points, you will surely find an ideal office space that lends credibility to your business and send out the right impression to the clients.

About the Author

Sahaana Jai, the author of the above article is working in a real estate concern offering office space in Bangalore. She is a blogger as well as a web enthusiast.

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Author: Sahaana Jai

Sahaana Jai

Member since: Feb 04, 2016
Published articles: 30

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