Small Business & Startups: Renting is Best to Maximise Profits

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If you’re in business, or are perhaps thinking about starting up a new venture, then one of the key areas to focus on is that of where you’re going to be based. While many freelancers or small-time setups can work from home perfectly well, this isn’t always ideal for anyone who needs to be out there in the public eye. After all, networking is one of the best ways to pick up new clients, so having an office makes really good sense.

The only downside to this is the cost factor, which is often seen by many starting out at the bottom of the ladder as needless expense. However, thanks to the current economic situation, renting a desk or office is actually surprisingly affordable. Many landlords currently have plenty of available areas in their buildings and are obviously keen to maximise the potential of this otherwise dead space.

That means you can often get really good deals, often on an office in a prime location too, such as the centre of a city or business district that will be ideal for garnering new contacts and clients. The best way to secure the right place, and also get an overview of what’s on offer, is to head online where you can search for things such s serviced offices and office rental deals in a comparison site. There are a few of these around now and work in much the same way as you’d look for a broadband or phone deal.

What to get?

The type of rental deal you get depends largely on what your requirements are going to be. If you’re just working on your own and want to keep the overheads down then lookout for desk space rental deals. These are effectively desks located in a part of another office, but they’re known for being one of the cheapest ways of getting yourself setup in a professional business environment. They’ll probably come with few frills, but you should get high-speed broadband and the added benefit is that contracts are generally short-term.

Anyone with slightly more grandiose needs might want to look at the full office rental options out there. And, if you’ve got other employees to think of and have a business that is on the up then the serviced office option is another route to take. This type of scenario will get you added extras such as receptionists, post rooms and IT support, although these bells and whistles will obviously get factored into the overall cost too.

Ultimately, it’s easy to match a working area to the size of your business and the amount you want to spend. Thanks to the internet it’s now easy to view prime locations without even going there in person. It certainly cuts down on the work involved in finding a place to run your business from and, what’s more, the fact that you might bag yourself a prestigious new address will look pretty good on your stationary and shiny new website too.

Guest post written by Rob Clymo from Office Genie, the online portal to find office space for small businesses, startups and freelancers.