Whether this is your first office space move or you’ve relocated several times and are experienced and well prepared, you face critical decisions when finding a new office space.
One thing is certain in business: where you operate dictates your success.
Your commercial real estate broker is your best asset when searching for a new location for your business. They’ll help you navigate the process and negotiate lease terms that are in your best interest. Between their knowledge of the market, networking, negotiating skills, experience and more, your broker has a lot to offer.
So, how can you best utilize their services to support your success?
As a business owner or management-level decision maker, at some point you will inevitably be charged with one of the most important issues facing your company’s ongoing prosperity and long-term success: where to call “home” for your trusted employees and valued clients. Do you stay in this location and renew your lease, or do you need to relocate?
One of the major decisions you’ll make as a business owner is the location of your company. Whether you’re just starting out or have been in business for years, you’ll always need to periodically review where you’re at — literally. This evaluation can be tough. You might wonder, what is the optimal size for my space? Will my employees need to relocate? How much longer will my commute be? How much would it cost to move? How do I prepare?