Every business has different needs when it comes to office space.
To help you optimize your office environment, this article goes over some tips for selecting the right space.
Consider the Workspace Style You Want
Office layouts fall somewhere between two extremes: an open-floor plan and the traditional layout, featuring private offices and other sectioned-off spaces. If your business values collaboration, then having more open space may be good. If your employees need to concentrate without interruption, or frequently meet with clients who require privacy, then your space should trend toward the walled-off model. Another option is to find a middle ground between the two.
Consider Specific Employees
Generally speaking, according to Business.com, each person will need 250 square feet. That is a good starting point for your preliminary estimates. However, different employees may have different space requirements. For example, executives who require private offices will need much more space than clerical employees who can operate in a more open, shared area.
Other considerations include whether your business will require specialized work areas, and how much space it will need for areas like storage and server rooms.
Consider Your Budget
Another important factor is your budget. Simply because of price, an office environment’s size may be more constrained in an area like New York than in a cheaper one like Houston. A real estate agent can give you more information on pricing in a given area. This information is usually delivered in price per square foot.
Consider Future Growth
As your business grows and changes, your office environment may need to expand with it. A good rule of thumb is to budget for a 10 to 20 percent increase in the square footage your office will need each year. If you run out of space and need to move your business, moving costs and lease-termination fees may be more expensive than renting the extra space you foresee your company needing from the start.
For more business tips, have a look at Mossberg Strategic Capital’s other blog posts.