Uploaded on Sep 26, 2020
Ahhh, the smell of the fresh paint! The attraction of a gleaming building! The exhilaration of finally establishing your startup in your very own office! Selecting your first office space in Andheri is exciting. It can predict your business’s brilliant future. However, if you are not careful, selecting the wrong commercial office space in Andheri east could decrease your business ROI by negatively impacting your business.
5 Smart Questions to Ask While Choosing Your First Office Space
5 Smart Questions to Ask While Choosing Your First Office
Space
Ahhh, the smell of the fresh paint! The attraction of a gleaming building! The exhilaration of
finally establishing your startup in your very own office! Selecting your first office space in
Andheri is exciting. It can predict your business’s brilliant future. However, if you are not
careful, selecting the wrong commercial office space in Andheri east could decrease
your business ROI by negatively impacting your business.
Remember, selecting the right office space in Andheri is crucial to your business. Just
don’t focus on your present needs of the business but consider what your company will
need in the future to expand to be successful. You should definitely not spend more than
you can afford. In short, before biting more than you can chew, ask yourself the following
questions.
1) Do You Really Need One?
The first and the most important question you should ask yourself is whether you
really need an office space in Andheri in the first place? If yours is an online
startup without any employee then it makes no sense in investing in office space.
You can work from home in this case rather than taking out an additional loan or
lease. When you are starting up saving your unnecessary expenses can save you
from debt. So, before making any final decision, analyze your business needs, and
think would this office space help or hurt your venture?
2) Is It Fits Well With Your Budget?
When choosing your office space ensure that you can afford it even after a year and
hiring new employees or when it is inventory shrinkage. Before settling down you
must consider utilities, furniture, insurance, and upgrades that will come with your
brand-new office space. Understand well, what is included, and what is excluded. It
will help you in saving lots of extra bucks.
3) Are You Going To Be Here Forever?
Before taking any final decision, ask yourself – are you going to be here forever? If
an answer to this question is NO, you must opt for simplicity. You can even cut back
on needless features and devote your budget to grow your business.
4) How Is The Location?
Location is one of the most vital factors that you should never overlook while
selecting your office space. We hope that by this point you have analyzed your target
audience market. So, before signing your purchase agreement, make sure that your
target consumers are near the location. Ensure that the office space you are
planning to buy has enough parking space, neighborhood safety, and amenities.
Analyze what is around and who is around (competitors). Think about whether your
business location can accommodate your business and its goals. Remember, the area
that works for someone else might not work for you. So, do proper research and
then only invest.
5) Does This Office Space Match My Brand?
If you run an online-only store, the office space is not important for you. However, if
you are not running it, then think about how the office space will represent your
business. Ensure that the office space that you choose represents your business well
and positively contributes to your brand by supporting your current and future
growth plans.
Concluding Remarks
The above-mentioned questions are important to take into consideration as an investor.
Share your experience with us in a comment section below while you were out there in the
market purchasing your first office space in Andheri
If you are searching for the right commercial office space in Andheri East that does not
have excessive overhead and situated in an area that is easily accessible for you, your
consumer, and employees then get in touch with Chandak Group -
www.chandakgroup.com.
Keywords - office space in Andheri, commercial office space in Andheri east
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