Top Five Mistakes Companies Make When Renting Office Space
Looking for office space in Manhattan can be tough. Here are five mistakes that you don’t want to make when looking for office space in the heart of New York.
1. Blowing the Budget
Set a budget. This is the first thing every company looking for office space in Manhattan needs to do. Once you figure out how much money you have every month to spend on rent, then you can start looking for spaces. But without a set budget, you can easily go over in the Manhattan office space market.
2. Not Thinking About Space
How much space do you need? This is a much more complicated question than people think these days. With the very nature of office work changing dramatically in the past year, many companies don’t know how much space they need for their staff, or how much extra space they may need in the future. Always consider how much space you require and strike a balance between the needs of today and the growth of tomorrow when seeking office space in Manhattan.
3. Going it Alone
Did you know that you can get a broker to help you rent and lease office space in Manhattan? As with any major purchase, it always pays to have a professional help you through the process. If you are looking for office space, consider getting a broker to help you with your search. Or, at the very least, make sure you have someone help you with the fine print of your lease or rental agreement to make sure there aren’t any surprises.
4. Thinking Only About Cost
Budget is the absolute main concern of every company looking to rent office space in Manhattan. It’s true that this should be a factor, but being laser-focused on cost and nothing else can run companies into major issues, both immediately and down the line. If you are hunting for office space, make sure you set a budget. Then, make a list of amenities that you either need or want, organize them in a list of priorities and nice-to-haves, and keep it close when hunting. That way, you can find the perfect space that’s in your budget and has what you need, rather than a space that matches your budget and offers nothing else.
5. Assuming Office Demands Haven’t Changed
The way we work has changed dramatically in the past year. Many companies are realizing that the standard, in-office, nine-to-five job is not necessary or even optimal. It also means that what we need from our offices when it’s time to head back will be very different as well. If you are looking to rent office space in Manhattan for your team, think first about how you work now, and then about what you want from your team and space once they are there.
Bevmax Office Centers have been serving the people of New York with fully serviced, prestigious office space for years. We are proud to help companies grow into large businesses that are ready to take on anything. If you are looking for office space in Manhattan, then contact us today. We can help you find the perfect office space that will meet your company’s needs today and tomorrow.