is a smart way to make sure you will have space eventually. It is worth going over with your broker and seeing if they can’t find a secondary tenant in a pinch. The worst that can happen is that you find a smaller space or have extra space temporarily. Downsizing is even harder to predict than company growth since it can seemingly come out of nowhere, after being born out of necessity. Follow the general rule of getting enough or more space than you need, instead of getting less space than you need. Commercial agents can take your projected growth, needs, and wants and use computer programs to find the best square footage for your business. Then, you know what type and size of office and property to search for.
CONSIDER THE P ER THE PRICE AGAINST YOUR OTHER WANTS AND NEEDS S AND NEEDS
Is the best location worth stretching your company a little thin over the next four years? Or is a cheaper option in the suburbs a better fit? These are the types of questions you will face during your search. While you might run into your dream office, you might have to make some concessions. Choosing which to make and which not to make is important. It’s worth gauging the reactions about them from your employees as well. Would they rather be surrounded by the best amenities, or have a bigger budget within their company that could be used to increase profits (and possibly their pay)?
BE AWARE OF YOUR OVERHEARD AND Y VERHEARD AND YOUR CURRENT BUDGET AND FUTURE BUDGETS AS A RESULT OF EXPANSION OR DOWNSIZING.
Plan out the cost of your future space. This includes the rent,
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