Your startup business is growing very fast and things are looking good. The money is flowing in, and you hired your first workers. However, this growth means your garage is no longer a good place for a booming business. It is time to get serious and make an upgrade to a real office. It may seem like a large task, but with reliable Mississauga office movers, you will be just fine. Finding office space for rent in Mississauga and leasing can be both exciting and stressful if you are a beginner. The thing is, it does not have to be that way. Good research, combined with professional movers and planning, can make all the difference. If you arm yourself with these things, the move to your dream office will be smooth. Here, we will show you what to pay attention to.
Size and layout are a good place to start
If you own a growing business, this should be the most important question on your mind, without a doubt. Just how much office space do you need? The answer is, you need enough space to comfortably house all the employees you will have until the end of the lease. Usually, the rule of thumb is around one thousand square feet per six to eight employees. This basic formula should be enough to fit everyone in without a struggle. Just in case the workspace starts getting cramped, there are alternatives. In cases like these, it is good to consider remote work and flexible schedules. Not only are these a dynamic solution, but they are also attractive options, which may help you hire more talent.
Here are the office components to think about when deciding:
- General work area
- Meeting rooms
- Supply storage
- Kitchen and break area
- Lactation room
- Other dedicated rooms
Think about your employees when finding office space for rent in Mississauga
Before you set everything in motion and contact one of the professional Hamilton moving services, stop and think about the people you work with. Map out where your workers live and look for an office space that is convenient for everyone. Traveling to the office will be an everyday task for a lot of people, so be considerate when making a decision. Picking a centralized location is a very important step when finding office space for rent in Mississauga. Making it easier for everyone involved will earn you respect, and help you keep existing and future talent.
Work with a real estate agent you trust
Do not throw caution to the wind and just hire any agent that comes along. Check with your business partners or friends if they can recommend a reliable agent for you. In comparison, when you move to a new place and search for a new doctor, you do not leave such an important decision to chance. When you gather enough recommendations, do your due diligence and search further. Do some extra research and look up the agents on sites like LinkedIn and see what former clients have to say. You would be surprised by the number of agents out there who make promises which they can’t keep. Many will claim they are doing searches for you and never follow up on them. Choose an agent trusted by your or your network and you will have no problems whatsoever.
Subleasing is perfectly fine when finding office space for rent in Mississauga
If you are still not bringing in the big bucks, and only making a starter revenue, you want to consider subleasing. In this case, you may not be able to convince the landlord to lease out space for longer periods of time. This is why subleasing your first office space is not such a bad idea. Short term subleases are often on a month to month basis, and in some rare cases, week to week. Of course, before signing anything, it is important to fully understand all your leasing and moving contracts. If your company is still growing and expanding, subleasing is a smart and economical first step.
Co-working space is also not a bad idea
If you are on a budget and need a flexible, low-cost solution, renting a co-working space goes great with subleasing. There are many benefits, not only for your budget but your business development too. Co-working will allow you to be surrounded by other like-minded startups, which is great for honing your skills and making connections. In a pinch, you can easily go back to your previous office space, or find a new one. Finding office space for rent in Mississauga allows many different co-working options, depending on the location. Team friendly environments, individual desk spaces, and sometimes even whole meeting rooms. These can be rented out on an hourly or a monthly basis, sometimes indefinitely too. There are websites that specialize in bringing startups together with co-working atmospheres.
Finding office space for rent in Mississauga means rent is negotiable
There are no solid rules when hunting for a new office space. Just because an ad says that the monthly rent for an office is $5000, it doesn’t mean it’s actually that much. It is advised to always try and negotiate the rent down from 5 to 20 percent from the original price. You’d be surprised at how low people are willing to go. In some cases, mostly depending on the state of the market, you can even ask for free rent. For every year you sign a lease, you might be able to score one month of no rent. Even though it sounds too good to be true, agents actually do this more often than you’d think. And really, there is no reason not to try, the worst thing that can happen is getting a no on your request.
To summarize, finding office space for rent in Mississauga is not as difficult of a task as you think it may be. With good logistics and planning, and a trustworthy agent, anything is possible. Of course, no move can happen without skillful and professional commercial movers. So, sit down, go over your budget and basic needs, and look for locations. With the help of this guide, you will be on your way to your new office empire in no time.