For many successful businesses, the magic formula comes down to having a great business plan, at the right time, in the right location. After all, if your business isn’t where people can find you, it doesn’t do any good to have gotten the other factors right. You’re not trying to spend too much on rent every month, though, even for the perfect space. Whether you’re first opening up or moving someplace new, keep these tips in mind for negotiating your retail lease. (more…)
Archive for December, 2020
You are on your way to purchasing or renting new office space; congratulations! Having an official, physical location for your business is a sure way to establish trust, a professional image, a place to meet with clients, and an opportunity to bond and collaborate more closely with coworkers. As a hefty investment, it will take considerable budgeting to make sure you are getting the best deal overall. Below are several ways you may need to budget for office space.
Businesses have a lot to look forward to in 2021. With the year almost over, one may believe that remote work is the new normal. Even so, there is still value in physical office locations and hope that companies can make use of this asset in years to come. If you are looking for new office space in the coming year, the office condo may be for you.
Commercial real estate investors have a lot of options. They can specialize in multiple types of CRE, including office buildings. One type of office building that one might overlook is the business park. Are business parks obsolete? Will remote work and virtual service overshadow this form of real estate? Not at all! Here are several perks inherent to the business park.
Office space is still necessary for many businesses. Even with the surge of remote work over the past few years and especially this year in 2020, office spaces will continue to exist. As a business, you work as a team to collaborate and build community while you’re at it. Communication is never better than when you’re face-to-face. If you are searching for the best office space or wondering whether to expand or detract your square footage, check out these tips.