So you have a business that needs a proper office? But the problem is, your funds are still not enough to buy a commercial lot and build your own office. And yet, you deemed it imperative to have an appropriate place to conduct business because you might lose your precious clients due to lack of an office. Stop fretting because you still have other options to get an office space without shelling a large amount of money at one time. You can actually consider office rentals to immediately establish a place for your business.
Now, when you are already decided about renting office spaces, there are some things that you have to know before you make an agreement with the owners. It is very unwise to enter into a transaction that you know so little about. For your sanity and pocket’s sake, do your assignment first.
Below details the stuff that you have to be aware of when you are planning to rent an office space:
- Please be aware of the space rent per month.
The first thing that comes to a person’s mind is the space’s monthly lease. Office space rentals are slightly higher compared to house leases and there are times that lessors prefer a yearly payment compared to monthly payments.
In addition, most lessors would also require a two-three month deposit and a 1 month rental advance to protect also protect their hides.
- Be familiar with the place that you are going to rent.
This is a must because you have to validate the claims of the lessors and of course, what’s written on the lease contract. Remember that contracts are legal and binding and if you sign it blindly, there’s no way that you can file a case against the lessors if something is not up to your liking.
So if the lessor states that office space that you’re going to rent is fully furnished complete with a high-end toilet and bath, then you should see these things for yourself.
If possible, take some photos so you will have evidences if you spot some discrepancies regarding the actual office space and what’s written on the contract.
Regret always come late.
- Ensure that the office space is thoroughly cleaned before you move in.
Some lessors can be really disgusting when it comes to service. Make sure that you have discussed with the lessor that the place must be spot free before you transfer.
Make it also clear that you’re going to ask for compensations if your desires are not met.
- During your visit, double check the amenities.
It would be a waste of time if you’re going to transfer with the office amenities in need of a repair. Save yourself from a lot of headache bu double checking everything. Unless it’s stipulated in the contract that it is your responsibility to do the repairs, you have every right to demand from the lessor that everything should be fully functional.
Important thing that need to be checked are showers, bulbs, sinks, toilets, and electrical outlets.
- Determine whether there are fixed hours of operations or you have the liberty to set your own business hours.
Some office spaces, especially those that are located inside buildings or malls, have fixed hour of operations. Meaning, there’s no way that you can extend your time because electricity and water are centralized and whenever you go beyond the building’s operational hours, you will surely be groping in the dark.