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Finance > Real Estate | By: Nisha Jainwal (08/07/12)
The search for a new office should be planned carefully to avoid overlooking important factors that should be duly taken into account before reaching a decision. Before looking for office space, make a list of your priorities, needs and constraints. If you can only afford to pay a certain amount to pay the rent, then look for that office rents are comfortably w ithin reach range. In addition to rent, you may also have to pay extra for utilities and parking. Therefore include them in your calculations before deciding on a particular location. The size of the office you w ill take on rent should be based not only w ith all the instant requirements, but also in their projections and future plans of expansion of your business as w ell. A reasonable assessment of its projected grow th can help make this decision easily. If you expect a rapid grow th in its operations and the number of employees, rent an office that leaves enough room for expansion. There are a number of advantages w hen renting an office space compared to the purchase. If you choose a rental office, the initial cost is much low er and involves a shorter process. In order to rent and move into an office, a security deposit and rent a few months is all that is required. The running costs associated w ith maintaining external and maintenance of general office building, by the property ow ner. The tenant is only responsible for maintaining the interior of the building. During the boom times, demand for commercial office space is considerably larger. It costs more to find a decent office accommodation during these periods. The same scenario is reversed in the economic climate of recession. Business ow ners must find a rental office only if they expect rental prices to remain at current levels. Otherw ise, it w ould be best to w ait out the more favorable rental rates. There are many serviced office in Gurgaon w here you can take as a rent and run your business.
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The location of an office can be crucial to the long-term success of your business. Employees and customers should find easy and convenient to get to your place of business. It is definitely much better and desirable to have a centralized location in a place that offers easy access from all major highw ays in the vicinity. Sometimes, opening an office in a place that falls along the route of public transport services can also be advantageous and preferable to a remote location. Regardless of your business operations, the location should be given important consideration before opting for an office to rent a fully furnished office. The services of commercial real estate brokers and agents can be useful in the quest to find an office for rent. The services of commercial real estate brokers and agents can be useful in the quest to find an office for rent. If you are w orried about their fees, do not w orry. Most brokers w ill be more than w illing to negotiate their fees to take new clients. Because of their extensive know ledge and familiarity w ith procedures and rental market rates, w hich may be essential in finding a new office to start or run your ongoing business.
About the Author Nisha Jainwal Nisha Jainw al is an experienced w riter in Real Estate industry and w orks for AIPL Business Centre, a leading real estate company in India. At present, she is w riting on different topics like serviced office in Gurgaon and fully furnished office and others.
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Finding the right office to rent is an important decision for any business with the aim for growth and success. A proper working environment...