Questions to Ask Before You Find an Office Space for Lease

Questions to Ask Before You Find Office Space for Lease

With so many types of office spaces for lease to choose from, you need to focus on the ones that fit your requirements the most. However, this is only possible if you understand what you need. Most new businesses look at property listings and pick the one that suits their budget alone.

While costing is essential, it isn’t the only factor that matters.  You need to focus on finding the right lease property, which means asking questions. Let’s discuss some prime questions you need to ask before choosing a property for your business.

1. What Kind of Office Type Options Do I Have?

When you’re searching for the perfect office space in Singapore, begin by asking the right questions. For starters, think of the office type you want to set up your venture in. For instance, if you’re a freelancer or a solo business owner, a private office space is best suited for you.

On the other hand, if you’re an SMB or a business that’s still blooming, a coworking space is more suited to your needs. You also have other unconventional options like sublet offices, which are now the most popular ones in Singapore. However, the sublet offices are available for private offices.

You can also choose a virtual office if you work a remote job and only need a virtual address and a postal service to get official things done. The office type options will set the tone for your office, so ensure that you are making the right call.

2. Can I Get A Serviced Office?

An office space is only as good as the services it provides. There’s no point of wasting time when you find office space for lease. A serviced office reduces hassle with running the office and provides a more streamlined experience to business owners.

A serviced office is ready to use and access, making it less of a hassle for almost anyone. We recommend taking the time to contact the office space service providers before making the final call.

Stop wondering whether or not I can get a serviced office and just ask the property managers to ease the decision. If you have a choice between serviced and standard workspace, ALWAYS pick the serviced one. It will make your experience more enjoyable and streamlined.

3. What Is the Right Office Space for Me?

The office space you choose for your business will determine the number of people you can cater to. These people include clients and employees alike. It’s important to assess the size of your business and your business aspirations in the next six months. For instance, if you’re just starting off a small business with a handful of employees, a massive office isn’t the best option for you.

However, if you are well-established and have a decent number of professionals, you should consider a larger office. The office space ensures you stay connected with the employees and cater to their needs properly. It saves professionals from unwanted, crammed-up feelings and provides them with comfy workspaces.

You should also consider specific requirements you might have. For instance, you might be looking for a lockable work area, unlike an open-access office space. Similarly, you could also get a larger private office space and rent it out as a sublet until your team expands. You can use the extra income from the sublet income to pay your rent.

Think of it as an alternate income stream, which helps you find office space for lease, even if you’re on a tighter budget or don’t need the whole office to yourself.

Bottom Line

It can be challenging to find office space for lease but you can make it easier with professional help. We recommend checking out office space listings and discussing them with service providers. Office Hub offers some great property options to choose from, making it ideal for your next venture.

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