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Old 12th February 2015, 09:59 PM   #1
AngelBiz
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Default A Beginners Guide To Selecting An Office Space

Given large number of options that are available, the decision regarding office space is one of the most complex decisions that business owners need to make. Are you a complete novice when it comes to office space? Does it all sound a little confusing to you? Here we have put together a beginnerís guide to alleviate the pain associated with selecting office space. Letís take a look at some of the important questions that you need to ask yourself when going through the process of renting office space for your business.

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Old 31st March 2015, 05:39 AM   #2
oliviasmith
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I work out a co Ėworking space. If the office space seems cheap donít get blown away by the rates.Make sure the neighborhood is safe. See if there are good transport links. Besides, there should be places where your employees can buy their snacks or lunch. I simply love my co-working space as it offers a secure environment and my employees are no different. It has a parking and space for bike storage. I had hired an office design firm to test the space before I narrowed down on the property. Finally, everyone needs it and if you are growing your team size ensure that there is enough space to grow.

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Old 18th April 2015, 06:03 PM   #3
kdaniel171
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Hi AngelBiz!
Thanks for sharing useful information for entrepreneur beginners.
I think office space is an essential factor of productivity.

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Old 19th April 2015, 12:27 PM   #4
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For beginners you also want to consider lease flexibility. Not only for expansion, but also downgrading. Office space can take a big chunk out of a budget that is a fixed amount, and the building manager will likely want you to forecast the rosiest projection possible down the road, and secure that amount of space now, which can wreck your budget and now and be even worse if projections do not pan out.

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Old 19th April 2015, 08:18 PM   #5
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For what it's worth, the best decision I ever made for office space was I bought the building, then leased it to my company. In 20 years when I got ready to retire, the company had paid off the building, so I sold it and carried the contract. That made for a nice retirement income to add to my Social Security. I would advise keeping a little fund on the side, just in case your buyer defaults (which happened to me). If you are prepared and get through it, you just end up with more money.

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