subject: Making The Move From An Office At Home To A Commercial Space - 5 Key Facts! [print this page] It is often extremely difficult for a small business based from home to know precisely when the time is appropriate to make the move from the convenience and low outgoings of a home office, to a professional, commercial office space. There may be many implications, both monetarily and strategically to take into account. Here are five very important points to ask yourself when deliberating over this often seen issue.
1. How could your business prosper from this move? Will your business run more productively, more profitably, more professionally or perhaps it will permit you to compete at a new, higher level in your industry?
2. Will you be able to contend with the brand-new, higher monthly outgoings? Never under-estimate the impact that consistent higher outgoings will have. You no doubt would have been spoiled by the minor expense of working from home so be prepared for the increase.
3. What variety of lease would best suit your business, virtual, serviced or conventional leased? They all have different things going for them - read up on what they all offer and make the choice based on the information. Making the perfect choice at this stage will save lots of upheaval at a later date due to the completely wrong choice.
4. Will the distinguished geographical location of a new virtual or physical office address add value to your venture? It would be possible to have a really impressive company address which could certainly add impact to any potential business you conduct.
5. Will the professional meeting room capabilities included in the bulk of office rental packages be exactly what you will be requiring in the future? It is generally very impressive to have first-rate meeting room facilities at your fingertips so this facility can provide additional, real value.
Without doubt there will be additional points relating to making this important move, but the ones listed above will be the first to take into consideration. If after diligent consideration you are positive that a move from your office at home to fresh commercial premises would be the correct thing to do, you will undoubtedly benefit hugely in the future from the far more professional appearance and facilities of your enterprise. If on the other hand you are not completely convinced that this is the best thing to do, consider a serviced or virtual office lease as a short term test to weigh-up how this works for you. If you feel this wasn't the ideal thing to do and that a return to the home office is the best course to take, you'll not be tied into a long-term lease.
