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5 mistakes you're making in your search for a new office

Posted by Oliver Corrigan on Aug 29, 2017 8:30:00 AM
Oliver Corrigan
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With world-class office space often comes great business success. Therefore, it’s no understatement that finding the right office is one of the most important things you’ll do as a business leader or decision-maker.

But finding the perfect workspace for your business is certainly no easy task. It can take up a lot of time and resources, although believe us – when you do find the right space it will be completely worth it.

With over a decade of industry experience, we’ve helped countless businesses find a workspace that they can truly thrive in. But in our time, we’ve also seen several businesses fall short on their search for ideal office space. Are you making any of these mistakes in your search for a new office?

 

1. Not doing the research

Good things take time. If you expect to find a new office overnight, then prepare to be disappointed. It really is important to take the time to do some in-depth research, or at least allocate another member of your team to this task. Some of the factors that are important to consider are your budget, how much space you need, the office location, and so on. We would always recommend booking viewings at any potential offices before making an investment.

 

2. Choosing an office that doesn't match your culture

As we mentioned in our previous blog, 80% of businesses want to improve their company culture in 2017. Your office is often one of the most important things that any prospective clients or new team members will judge you on, so it’s important to make sure that your workspace is a true reflection of your brand. If you go about this process the right way then your office can be one of the most effective business tools available, reinforcing your company’s core values.

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3. Miscalculating company growth

Whether you miscalculate your company growth by too much or too little, you’re going to encounter problems. If you overestimate your company growth then you could end up wasting money on space that you’re not using. And if you underestimate your company growth then you may be stuck in a contract in an office that simply isn’t big enough for your team. Of course, neither of these are ideal situations.

But how is anyone expected to know exactly how their business is going to grow over the coming months or years? Well there are other options! For example, some office providers, including here at Carrwood Park, offer more flexible office solutions. Some of these solutions include being able to move into a larger space within the same business centre and even expanding or reducing the size of your current space.

 

4. Going straight for a city-centre office

One of the most common mistakes we see is when businesses automatically assume that a city-centre location is what they need. But this really isn’t always the case. A more rural location could be more suited to your business than you may think, offering benefits such as more cost-effective space, free parking and even a more productive team!

We’re not telling you to set up a business in the middle of nowhere. But a more rural location with easy access to a large city can work wonders – just ask our residents! It really is important to consider your options before deciding what location makes the most sense for your business.

 

5. Getting tied into a long contract

One of the biggest mistakes we see is companies who find their perfect office space and sign a long-term contract. Then a few years down the line when they outgrow the space or it doesn’t match their values anymore, they’re stuck in the same office until the contract runs out! This tends to be more of a problem with leased offices rather than serviced offices. There are ways to get around this though, such as signing a shorter contract, finding a more flexible office provider as we mentioned above, or paying off the rest of your contract…

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We know how easy it can be to make some of these mistakes, but as you can see there’s always an equally easy solution. With our expert advice, you’ll be on your way to finding your perfect office space in no time! For more tips on serviced offices, employee productivity and other business growth advice then why not subscribe to the Carrwood Park blog?

Are you looking for an office that encourages business growth, working alongside like-minded businesses? Why not book a viewing at one of our high-quality office spaces in Leeds?

Click here to book a viewing today

Topics: News, offices, SME, business, office space, serviced offices

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