There are so many reasons to relocate your business. For instance, you might find a place that suits you more, or you believe might suit you more in the nearest future. Then, you might find a place that’s cheaper, bigger or better-suited for your lifestyle. On the other hand, moving to a bigger business hub offers a greater access to talent, greater market access and an opportunity for future growth.
Each and every one of these reasons is good enough for you to make the move, however, if you can’t recognize a perfect property, there’s no guarantee that you’ll get any of the above-listed perks. With that in mind and without further ado, here are several tips on how to find a perfect property for your business headquarters.
How accessible it is
The first thing you need to ask about a certain property is how accessible it is. This is not only important to your clients but to your suppliers, your employees and your partners, as well. All of these people will have to make regular trips to your headquarters, which is why this might additionally complicate your otherwise flawless system.
Moreover, sometimes the warehouse gate will be too small for your supplier’s vehicle or choice. At other times, you won’t have enough room in your parking lot to accommodate all of your employees (not everyone is as open to the idea of carpooling). Moreover, access to certain venues of public transportation may sway the things in your favor further and even make your business more attractive to potential talent.
A professional opinion
As a new entrepreneur or someone picking their first corporate headquarters, you might lack some vital niche experience. Sure, making a requirements list is easy, however, even the most elaborate of lists may have its drawbacks. This is why it’s always a good idea to consult someone who’s a bit longer in the real estate industry than you are.
In the age of the internet and online collaboration, it might not seem important where these real estate experts are from, nevertheless, due to the fact that we’re talking about a location-dependent industry, local partners are of an invaluable assistance. This is why a company that aims to make a purchase in NSW might want to look for buyers advocate in Sydney, rather than expanding their search to the whole of Australia.
The future growth
Even though the office that you’ve set your eye on might have all you need at the moment, you need to think and talk about scalability. In the future, you’re bound to expand, which means that you might be forced to relocate unless you get a bit bigger place right away.
Sure, getting an office that’s double the capacities of what you need at the moment is quite excessive but it’s definitely better than getting the office that’s the exact size of your current needs. Why? Well, you can always rent out a part of the building or even floor. This is particularly handy in the era of shared office spaces, where you have the option of renting out workstations to individual freelancers. This will also provide you with one additional passive source of revenue. All in all, keeping scalability in mind is definitely a great idea.
At the very end, remember that the very word perfect has an incredibly subjective ring to it. This is because a perfect office for one company might be below any standard for a different one. In other words, you need to abandon the idea of looking for a perfect property and, instead, look for a perfect property for your business. In this way, you’ll have a much clearer image in mind.