Do You Need A Commercial Office Space For Your New Business? 10 Important Questions To Ask Yourself!

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

a brand-new business and a commercial office space may or may not be on your initial list of outgoings.Determined by the size of your business and additionally the available capital, the possible office space options might include: a Virtual office, a serviced office or a home office. You will not want to take on unnecessary expense by committing to a commercial space when it could be perfectly conceivable for you to run your business from home. On the other hand, a home office may prove detrimental to the progress of your business in its infancy and therefore be counter-productive.Here are ten very simple questions to ask yourself before making this really important decision:1. Will you be working alone or will you be hiring staff? If for example you will likely be hiring staff and they'll always be out meeting clients and not based in the office, a home office remains an option.2. Are you going to be requiring a meeting room on a regular basis? If that's the case, a commercial space might be a much better option.3. Is the reputation of a smart office address a significant issue? For many this is going to be an extremely important issue as the image and professional look of the business is going to be crucial to success. If it is high on your agenda, a serviced or virtual office will be a preferred alternative.4. Are you going to need a physical office to be at your smart address? If that is so, serviced will be a better alternative as a virtual office is exactly that....virtual.5. Will you require a professional answering service? This is often not easy at home unless your wife or husband is experienced.6. Is the funding there to pay for a commercial space?7. Are you going to want to promptly expand the business? In which case working from home might be rapidly outgrown.8. Do you work better away from home? Many people may be too easily distracted at home which can impact successful output.9. Is that you are happier mixing together with other like-minded business people in an office environment?10. Could you be a worrier who could easily become concerned about the frequent outgoings on a commercial space whilst you are attempting to build your company client base?So there you have it. Ten very simple questions to ask yourself which may well avoid wrong decisions being made in the significant, early phases of your business.Good luck!

by: John King

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