3 Tips To Choose A New Office Space For Your Business

Working Space For Lease, Small Business Space For Rent

The decision on finding a new working space for lease has a great impact for your business. Your choices will influence many factors that is crucial on the survival of your business, from the day to day operations, to your team’s morale, and the brand image of your company.

Self storages in Singapore today also offer work spaces for rent in various sizes, for you to choose from and accommodate your business growth. They offer alternative spaces to work in, which provide more flexibility and cost-effective options as compared to long-term traditional office rentals.

Regardless of where you decide on, the following tips can guide you in choosing a new office space that enhances many aspects of your business.

Location

Working Space For Lease, Small Business Space For Rent

Whether you are scouting for big or small business space for rent or a cheap working space in Singapore, location is always key. It also has the influence to affect parts of your business and can be a strategic advantage you possess. Self-storages in Singapore are also available in more locations across the island, so you can choose your ideal location that is convenient and beneficial for you. For example, Work+Store provides storage and work spaces for rent in 10 locations in Singapore namely Aljunied, 100 Eunos, 72 Eunos, Upper Thomson, Tampines, Kallang, Pasir Panjang, Bukit Merah, Ang Mo Kio and Bartley.

Before you settle on a location, ask yourself the following:

  • How easy is it for clients to spot and visit me?
  • How is the commute for the employees?
  • What are the surrounding amenities?

You can also enquire other pertinent issues concerning the location such as security, accessibility to amenities such as eateries, retail, and lifestyle options. This also increases the accessibility and convenience to get to your workplace, improving morale level for employees and attracting prospective clients to network with you.

Price

Price is another significant factor to consider when scouting for new office or working space for rent. Look at the numbers and come up with a figure for your budget that is still sustainable for your business while providing the required space you need. You can also find affordable business spaces from the cheapest self storages in Singapore.

Ask yourself the following questions concerning price:

  • Can I pay monthly rent without hurting my cash flow?
  • Is the rental package transparent to ensure no hidden costs?
  • Is the price competitive and commensurate to the location?

When discussing with your landlord, ask about the base and annual rent, security deposit, period of lease and renewal options.

Size

Size is crucial in supporting the ability for your company to grow. Small business spaces for rent can be adequate if you are working with a small team and do not require much storage space. But as your business grows, you might need to expand the size of your workspace to accommodate more people, office equipment and business storage.

Cramped spaces will inhibit the productivity of your employees but properly optimizing your space will enhance productivity and improve morale levels. You will also get to plan the layout of a private or collaborative work space and allocate space for amenities such as a lounge area, pantry and bathrooms.

One of the cheapest self-storages in Singapore, Work+Store offer workspace rental in unit sizes that start from 88 sqft onwards, with flexible lease terms and all-inclusive rental rates. These units are equipped with amenities necessary to support a conducive working environment – powerpoint, lights and aircon. You can also enjoy 24-hour CCTV surveillance and keycard access to safeguard your unit and offers you easy accessibility whenever you wish to. Our workspaces for rent provide an innovative work and storage solution in one unit – where you can store and work in the same space. This is especially beneficial for e-commerce businesses in reducing logistical inefficiencies and improving order fulfilment duties for customers. Under our parent company, LHN Group, there are bigger unit rental for office and warehouse in commercial and industrial spaces across 38 properties in Singapore.

If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at +65 8345 9966. Alternatively, you can email us at space@workstore.com.sg for more information!