When you are starting a new business, one of the most difficult balancing acts is finding that balance between low costs while still presenting a high level of professionalism to your clients and customers. A professional office space may seem like an unnecessary cost at the beginning of your business, but it can mean the difference between taking off and succeeding and floundering.
You may not need a professional office space for a very small scale home based business, but definitely for a startup that is yet to be launched and looking to grow big faster. You need it for a variety of reasons and here is a closer look at why your startup should look at office space for lease as you get ready to launch your business endeavor.
1- Make the Right Impression
When a potential client is deciding whether or not to trust you with their needs, the first impression you make is critical. You must be able to show clients as well as investors that you are a professional that they can trust. A professional office space is critical to that first impression. There’s just something about meeting a client in your own space that says you are serious and dedicated.
2- Improve Your Teamwork
If your startup has a team of employees, a professional office space gives them a place where they can feel camaraderie and work together to complete projects. You will find that your team building is more successful when you have a dedicated space to work. When your team members are working on their parts of the project in different locations, building that sense of “team” is difficult.
3- Keep Your Team Accountable
Once you have a team in place, you need to be able to keep them accountability. When you have a dedicated office space, you can see what your team members are doing. This ensures that everyone is staying on task and the work gets done. When your team members work remotely, you lack that accountability component. When a team member goes “idle,” you are left wondering what they’re actually doing with their time.
4- Attract Better Talent
Just like your office space helps you attract better clientele, it will also help you attract better talent. The best people in your field want to partner with startups that have a vision for the future, and your office space shows you are willing to invest in the success of your business. This is the type of company that excellent people want to work for.
5-Maintain Work-Life Balance
When you run a startup, it can quickly consume every waking moment. When you have your dedicated office space, you are able to maintain that work-life balance that is critical for your own peace of mind. When you leave the office, you can leave work behind.
The Bottom Line:
Professional work space is a must to promote professionalism, reduce workplace accidents and injuries and increase the overall productivity of a business. As a startup on a tighter budget you might be considering a home office option, but as a fact of the matter there are various ways in which you need to have a professional work space right from the beginning, for instance a place for client and internal meetings, applying for a loan/grant.
As you can see, there are numerous reasons to look for office space for lease, even in the early days of your startup. Take the time to find the right office space for your needs, and you should surely find a place that meets your requirements on a budget. This is certainly a great way to reap the benefit of putting out the best possible impression of your startup.