When you’re seeking a suitable office space in Bangalore for your business, it is one of the paramount decisions you must make. A well-designed office space can certainly imprint a good impression in the minds of diverse clients. Even when a plethora of options may appeal to you, you might, however, be perplexed on which space is ideal. In this blog, we will take you through the things to consider before opting for an office space for rent. As you scroll ahead, you will also know what you shouldn’t overlook before signing the agreement.
What should you check while looking for an office space in Bangalore?
Location & Accessibility
Firstly, the location of the office plays a role in the appeal. Before you finalize your decision, you must ensure ease of commute for your team members. The office should be in close proximity to the major modes of transport like metro stations. This will make the daily commute less stressful and smooth. If the office space is in the midst of a well-connected region, clients will find it easier to attend meetings. Additionally, cafes, restaurants and banks can augment daily convenience.
Budget & Hidden Costs
When you glimpse through the office spaces showcased online, the advertised rent can be a part of the cumulative cost. Hence, before you make up your mind, comprehend what’s included in the overall cost. You must check whether the cost covers the amenities and high-speed internet connection. Evaluating the hidden costs for some time can further mitigate the burden of bearing unforeseen costs.
Space requirements
Options galore when you’re seeking a managed office space in Bangalore. You must, however, understand the space requirements before considering an office space. You not only need to assess the team size but also factor in long-term growth plans. Regardless of what you choose; a flexible workspace or a conventional office, you must ensure that the area fosters collaboration and relentless growth.
Flexible Lease Terms
As your business grows at a brisk pace, the workspace must also evolve. Here’s when flexible lease terms can make a difference. To adapt without any unnecessary hassle, you should look for options that help with expansion. Once you have chosen a flexible workspace, you shouldn’t face an insurmountable challenge while scaling up.
Work Culture
Beyond the location and cost, the renting office space in Bangalore should reflect the company’s culture. Regardless of whether you want your business to thrive or you need privacy, choosing a suitable environment can take productivity a notch higher. Once you feel the energy across the area during the first visit and choose the place, you would also be strengthening the brand’s image.
What amenities should an office space in Bangalore have?
High-Speed Internet Connectivity
In today’s digital-first world, uninterrupted internet connectivity is essential for smooth business operations. Therefore, the workspace must have high-speed internet in the background. Backup internet solutions should also be present to keep the business running seamlessly.
Meetings & Conference Rooms
Dedicated meeting and conference rooms complement professionalism to every conversation. These also create an ideal ambience for brainstorming sessions, client meetings and for delivering presentations. To make every meeting worthwhile, these rooms should also have ample and comfortable seating. Presentation equipment should also be present to ensure an extraordinary experience.
Reception & Waiting Area
A welcoming reception area can certainly enhance the appeal of a managed office space in Bangalore. Once maintained properly, the reception area makes every visitor comfortable in interacting with you. A cozy waiting area, on the other hand, always reinforces professionalism of the workspace.
Refreshment Area & Pantry
Many working professionals need to rejuvenate themselves across a hectic day. Thus, a refreshment zone with some basic amenities can add on to an employee-friendly work environment. The amenities can include drinking water, coffee / tea making machine, a microwave and a refrigerator.
Parking facilities
Adequate parking provisions should also be present in the vicinity of the office. These improve accessibility as well as convenience. With secure parking areas, your clients don’t need to bother about vehicle safety. They can assure themselves that they don’t have to encounter unprecedented incidents with their vehicles.
What you shouldn’t ignore while considering an office space for rent in Bangalore?
Not checking the cumulative cost
Many entrepreneurs usually check the rent and overlook the hidden costs. So, before signing the agreement, you should consider costs like maintenance charges, costs related to parking and GST.
Choosing a space based on the current workforce
Businesses often pace ahead swiftly more than you might have expected. Therefore, if you plan with the current team size in mind, then you may end up in a mid-lease shift. This can be exorbitant especially when you aspire to soar high in your business.
Forgetting to inspect the infrastructure
Before signing an agreement, you shouldn’t forget checking power backup systems and internet redundancy. In addition, your team’s productivity would be hampered if the building is not properly managed.
Overlooking legal compliance
Setting up an office at a certain location can just seem to be another milestone in your life. You must, however, ensure that the space is legally approved for commercial use. Apart from the fire safety certificates, you must also check if the occupancy certificates are in place.
In the end, you should never accept a ‘completely furnished office space’ deal. At those instances, you should meticulously check the wiring and the cables. While checking quality, you should also ensure that there are no flaws in the design.
Conclusion
Finally, you shouldn’t consider an office space for rent in Bangalore just with an aim to accommodate your team. Instead, the space should offer an environment that will empower your business to grow ahead. Soon after you view the location, evaluate the overall cost and feel the vibe, you can select a place where your employees can advance in their careers.
If you are looking for a completely furnished office space in Bangalore, then why not contact the team at 315Work Avenue today? Once you start using the office space, you can later customize it to resonate with the brand ethos.
Frequently Asked Questions (FAQs)
What do I need to consider while choosing an office space on rent?
At the first instance, you must consider the business requirements before choosing an office space for rent in Bangalore. Additionally, you have to keep the budget and team size in mind. This will help you decide whether you must opt for a private office or a coworking space.
Which are the best locations for offices in Bangalore?
Owing to infrastructure and the connectivity, you can consider an office space in Indiranagar, Koramangala and the Electronic City. You can also establish your business in business hubs across Whitefield and Outer Rung Road.
What is the usual cost of an office space for rent in Bangalore?
The overall cost of an office space on rent can vary depending on the type of office. Offices around prime locations can be more expensive. You, however, will come across more affordable options within rapidly evolving business hubs.
Should I choose a coworking space or a conventional office?
If you aspire to build a startup, then coworking spaces are cost-effective. Conventional offices, however, can be considered when you prioritize privacy. You can also take a conventional office into consideration if you want to pace ahead with branding for a distinct corporate identity.
What amenities should I look for in an office space?
Once you have considered the most suitable managed office space in Bangalore, you can check whether there is a meeting room, an internet connection and a backup system. The upkeep of the office space should also matter to you.
What lease terms do I need to review before opting for an office on rent?
When you go through the lease, you should check the lease duration and the lock-in period. Most importantly, you should also check the renewal options and the exit clause.
What are the benefits of renting office spaces in Bangalore?
Numerous lease options certainly make renting office space convenient for growing businesses. In the future, business owners can think about expanding the office with ease. They also don’t have to bother about maintaining the completely furnished office space in Bangalore.
How much office space do I need if my team is small?
Most of the time, the required space will depend on the team’s size. It’s also better if you choose a workspace that accommodates a workforce you foresee in future.
