Are you planning to start your own business or do you want to expand the organization? The first thing that will be on your mind
is that you should do proper office space arrangements. When looking for office spaces, options like conventional office space,
shared office space and virtual / remote office space are to be considered. Providing right atmosphere for employees will be
foremost duty of an employer if he wants to see success in his venture.
Oldest method of looking for office space is going for conventional offices. Medium/ large size companies prefer this arrangement.
In this case the offices can be customized to suit the requirements and the rental cost shall be less, but there will be overhead cost
involved here like maintenance staff, electricity bill etc. The landlords may demand hefty refundable deposit also.
If the business is in developing stage and if the employer is not sure about number of staffs then the preference shall be given to
shared office spaces. This will be a kind of plug and play offices and so no additional costs involved like purchase of furniture, fitting
power sockets and safety equipment. Leasing duration flexibility is another advantage in shared office spaces.
In this tech savvy world there are ways to make money without putting proper offices. By paying a small rent to business centre,
companies get address for communication and administrative support. Virtual offices are mostly used by people who like to
work from home the communication between the staff will be through electronic media in this case.
Have a look at the Infographic below that outline how although choosing an office space can seem be a tough job but, selecting the
right one makes sure that your business continues to succeed.