10 Important Facts - Do You Need A Commercial Office Space For Your New Business?

There appear to be an ever increasing number of factors to budget for when starting

a brand-new business and a commercial office space may or may not be on your primary list of outgoings.Determined by the size of your business and also the available capital, the possible office space options may include: a serviced office, a virtual office or a home office. You will not want to tackle unnecessary spending by committing to a commercial space when it could be perfectly viable for you to run your business from home. On the flip side, a home office may prove detrimental to the development of your business in its infancy and therefore be counter-productive.Listed below are ten very simple questions to ask yourself before making this really important decision:1. Are you going to be working by yourself or will you be hiring staff? If as an example you will likely be hiring staff and they'll continually be out meeting clients and not based in the office, a home office remains an option.2. Are you going to be needing a meeting room on a frequent basis? If this is indeed the case, a commercial space may be a much better option.3. Is the image of a smart office address a significant issue? For many people this is going to be a really important issue as the image and professional look of the company will be crucial to success. If this is high on your agenda, a virtual or serviced office will be a preferred option.4. Will you require a physical office to be at your new smart address? If that is so, serviced will be a much better alternative as a virtual office is exactly that....virtual.5. Will you require a professional answering service? This may not be easy at home unless your wife or husband is well trained.6. Is the money there to pay for a commercial space?7. Will you want to promptly expand the business? In which case working from home might be swiftly outgrown.8. Do you work better away from home? Numerous people can be too easily distracted at home which can impact effective output.9. Are you happier combining with other like-minded business people in an office atmosphere?10. Are you a worrier who might easily become worried about the consistent outgoings on a commercial space whilst you're trying to build your business client base?So there you have it. Ten simple questions to ask yourself which may perhaps avoid wrong decisions being made in the very important, early phases of your business.Good luck!

10 Important Facts - Do You Need A Commercial Office Space For Your New Business?

By: John King

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