If you have a new or expanding business, then you have many things to look and after and sort out. You need to have different registrations, certificates, take care of inventories, human resource and so forth. Along with these things, you also need to find the best office space for your business. Without a good office space, there is no possibility that you are able to run your business smoothly and profitably. Finding an office space is not only an expensive thing but also you need to ensure that you find an office space that fulfils all the needs of your employees as well as business. Here are some of the tips that you can use to ensure that you find the best deal when looking for an office space.
Sign the Agreement Carefully
When you have to sign the agreement, it is very important to ensure that you have read eh agreement thoroughly. You should look for all the information and should ensure that all the terms and conditions are ideal for your business. There are variety of clauses that might be included in the agreement so it would be better to ensure that you make it clear with your landlord so that there is no confusion afterwards.
The rent increase term is one of the most important things to be considered during the signing of the agreement. You need to make sure that the agreed inclement is not something that you have to regret later. If possible, go for a monthly rental agreement instead of yearly agreement.
This common with real state landlords to have hidden fees that are mainly extra expenses including maintenance fees, shared facilities upkeep and so forth. You must have clear understanding of the expenses and how they are measured. Are they based upon the square foot area of according to the individual entity? Enquiring in the beginning will keep you safe till the end. When you are discussing with your landlord then you must enquire about the policies of the landlord and the expenses in detail.
Have Protection for Your Business
When you are leasing an office for your business then you must ensure that you have the several clauses included in your agreement such as co-tenancy clause which entitles you to terminate the lease if the landlord does not fulfil his promises made at the time of the agreement. Additionally, you can have an exclusive clause which restricts the landlord to lease the same property to a business that has a direct competition with your business.
Go for a shared office space
Opting for a shared office space can be good idea if you are start-up and are looking for a budget friendly option. The shared offices allow you to share the office space with another business and then split the rent and other expenses. There are plenty of online as well as real estate options that can help you in finding the best shared office space in Pune.
With these tips, you can easily and surely find the best office space that can not only help you in running your business smoothly but also help you in achieving best growth rate.
Categories: Real Estate
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