If you are looking for an office for rent, or an office space to lease, rest assured you will have no problem finding one. The trick, however, is in finding one which fits your specific needs and fits within your specific budget. This can be tricky for sure. In the case of a small business, or a home-based business looking to enter the Marketplace, it can be downright challenging. Let’s take a look at a few of the important factors to consider, and some possible solutions, and if you have questions give us a call at (817) 439-3224.
It begins with what you need in an office space for rent
Beware of this: there is a difference between what you want and what you need. Most of us have grandiose ideas and visions, but grandiose is expensive. Sit down and write a list of features your future office absolutely must have. Stick with that list when searching for an office space for lease. And while you are at it, consider . . .
What is your operational budget?
Deviating from an operational budget is the number one way most businesses go out of business. You can only afford what you can afford. That is a truism which was valid fifty years ago, and it is still valid today. If you have budgeted $1000 per month for an office rental, do not deviate. Do not settle for $1050, or $1100. It may not seem like much, but it adds up, and it also gives you a loophole to crawl through when making other spending decisions. Stick to your budget!
But what if?
But what if all the office space for rent is too expensive or too large? What do you do then?
You have options, and here are a couple of them which can be found at the Fort Worth Design District.
Share an office space
You have two ways to go with this suggestion. You can either find another business owner in the same bind as you, and co-rent office space, or you can sign on for a coworking space. Let’s look at each of these.
Finding someone to co-rent with is a bit risky. The trick is in finding someone who is reliable and who you can get along with. Remember, every decision made about office usage will have to be agreed on. Also, every lease payment is dependent upon them paying their half, so tread lightly into this field and find someone you can count on.
A coworking space might be your best option. In this option, you only rent an office when you need it. Coworking spaces are available in most major cities, and depending on the company you are dealing with, you can either rent by the week or by the month. This is a great option for those on a very tight budget. It also eliminates most overhead, again freeing up budget. The downside to this option is minimal.
If you would like to see one of these coworking space options, take a look at Paddock Place Office Suites in Fort Worth. Our website for that location will explain the whole process for you and definitely give you something to consider which might work for you. We also have quality offices available at Box Office Warehouse Suites.
We are RDS Real Estate in Fort Worth. Contact us if we can be of assistance.