How to select the best office space for your startup?

When you create your startup business, planning out and hiring employees is the first step, but it is a multi-step process.

One of the steps of this process is selecting the best office space for your startup. Adequate office space will not only help you to work efficiently but can also boost your productivity if appropriately managed.

There’s the fact that the average human spends more time in their office (approximately 40 years of his life) than their homes.

A survey also revealed that 97 percent of employees believe that their office space is a sign of how much their employers value them. Another study of 1,000 American workers shows that only 11 percent of employees are highly satisfied with their work environment. About half the employees say that the design and decoration of their offices are impersonal.

Are you planning to take your startup to another level? But can’t think of a suitable office space? No worries.

Introducing – BiggBang.

BiggBang provides you with the perfect office space in Chandigarh for both startups and established firms. Choose from 4 different office space types depending upon your needs- Shared workspace, Private offices, Meeting rooms, and Event space.

You can also choose your team size and find appropriate space according to your needs.

Visit BiggBang now and find your perfect office space!

So, in this article, I’m going to tell you all the necessary steps and tips that you would need to select the best office space for your startup.

1. Benefits of working in a good office space

As I’ve discussed earlier, a quality workspace leads to a stress-free and productive environment. Employers need to consider the physical environment of their employees. Employees of younger companies are less likely (34%) to be turned down when asking for in-office benefits like sit-stand desks than employees at established companies (42%).

The employees need to feel comfortable and calm in their physical activity to produce their best work.

Here are some benefits of working in good office space:

A. Teamwork at its best!

Think it yourself, during the time of this pandemic, while you were working at home, did you find it challenging to work on your bed?

Or, did you try to make some changes in your workspace? That’s because to work correctly and efficiently; you need a proper workspace.

In startups, you have to work hard and work creatively. That’s why a good office space is essential.

Studies have shown that noise, light, temperature, furniture design, and quality are essential factors that influence workers’ productivity. Since your office is temporarily operational now, it’s a good idea to gather staff feedback. You may be experiencing complaints about noise, low lighting, and discomfort with an old or uncomfortable office chair, especially if the last office was supposed to be done more than five years ago.

B. Get those extra endorphins!

Yes, you heard it right. Working in a good office space can make you happier.

According to Aon Hewitt’s 2016 Trends in Global Employee Engagement Study, a 5 percent increase in employee engagement is linked to a 3 percent increase in revenue growth.

A trouble-free and cozy office environment pleases and refreshes employees. This positive effect comes in addition to encouraging job loss. You will see more happy employees, job cuts, and a reduction in staff income.

C. Impress your clients!

This can be one of the most challenging parts of any startup- to impress any client.

If your working in any startup, you will have to impress your clients to get a good deal. This can be done with a suitable office space.

We all have heard- the first impression is the last impression. So, when you invest in any good design, it makes a chance for you to reinforce its organizational purpose.

You can even build credibility on how you make a difference in the market for your business clients and visitors.

2. Things to consider while choosing the best office space for your startup:

It can be a long list when you consider choosing the best office space for your startup.

But, here’s the list of top-most things you should consider while choosing the office space:

– Do your research.

If you want to rent a workspace, you need to start planning well in advance to make sure you get the right space for what you want. This should be done without feeling rushed or pressured to sign a lease. You want to leave enough time to save if the need increases. This way, if you discover that the space you are looking for is not your preference, you will have enough time to look at other options.

– Location matters.

If you are looking for rental office space, the place should be at the top of your list next to the price. Practically, your clients and employees should be able to access the site easily. See parking options and public transportation access.

Think about whether it is in the right place or not. A less expensive rental can indicate that the area is not very safe or perhaps challenging to reach. You also want to make sure it is close to other facilities such as restaurants, where you and your staff or clients can go for lunch.

– Consider rental spaces.

Find out all you can about your rental property. For example, see if the landlord is careful about the actual square images’ size and whether the office fills in the available space. That’s why it’s essential to visit the office you’re reviewing and make sure the host shows it all. If you want to rent a workspace, check the small offices in the building, to begin with; the landlord may offer you incentives to rent a large area if you are already in the area.

– Infrastructure.

In today’s connected world, office space with good infrastructure should be at the top of any list of prospective tenants of demand. You want to know that space includes a reliable Internet connection, among other things like call lines and postal service. Managed office space is another option you can consider.

– Your startup type.

Always consider the type of business or sector of your company when choosing an office space. Different spaces can cater to other kinds of industries. For example, an area of the city may not be the best choice if you frequently expect a shipment of goods. On the other hand, if you are a beginner and look at shared offices, one can present communication opportunities in the city environment and ambiance for your employees? The ambiance is often overlooked, but it can profoundly affect your image, reputation, and productivity. Silent spaces are essential not only for your employees but also for your reputation when meeting with investors, partners, or clients. One of the best tips for renting office space is to look at any office in person and decide what it stands for before signing a lease agreement.

– Legal works.

Whenever you sign a lease agreement, it is essential to talk to a lawyer before making any obligations. Once you have signed a lease, you may be bound by absolute terms. Talk to an attorney before signing a lease to ensure the lease is in your favor and is not too lenient with the landlord. If you rent an office every month, a little understanding is needed, but it is still a good idea to talk to a lawyer.

3. Can’t think of a good office space? Try BiggBang.

BiggBang aims to serve as a stepping stone for your business journey by providing a new and inspiring space for you and your team to work together. Ergonomically designed workplaces promote the flow of your creative ideas into your veins. They are introducing leading entrepreneurs from Tricity – Chandigarh, Panchkula, and Mohali – to potential investors, employees, advisors, and clients in their Chandigarh area. They have allowed BiggBang to create a comprehensive and participatory workplace for your business. They strive to achieve inclusive economic growth by taking the company to a lower level and providing discounts to students trying to get involved. Our Chandigarh workspace’s diverse environment will improve your communication skills and provide access to key players and partnerships.