After you and your broker look at the paperwork, have your accountant put their eyes on it. Then, most importantly, have a real estate attorney look at it. Make sure it is in line with safety codes and any other regulations. Then, after all of this, sign the contract.
DON'T MAKE YOUR CHOICE SOLELY ON PRICE
Price may be the most important factor, but many other variables need to determine where your next office space may be. If you value it as your only factor, the other factors may come back and bite you. Don’t move right into the cheapest space you like, because the surrounding area may hurt you. Location has giant importance along with commute patterns and the amenities that are in or surrounding the building. Do not choose a horrible location and make a big concession in this area. It will negatively affect your employees. You need to know how your space can be laid out in the floor plan, as well as the overall image of the building. You need to make it a great reflection of your company. The ownership, parking, and neighbors are all other factors you need to include in your search. It is a big mistake not to consider some of these other factors and only focus on the price. Eventually, that choice will catch up with you and your company.
KNOW EXACTLY WHAT TYPE OF BUILDOUT IS NEEDED
This is a big part of planning your budget. You need to have an accurate price for the repairs and changes you will make when you move in.
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