There are all kinds of things that a business needs if it wants to be successful. Clever marketing strategies, reliable staff, and a healthy workplace culture, to name a few. The good news is that most of these key assets can be accumulated over time, as long as the basic building blocks are in place first.
The location is vital for all new businesses, but particularly smaller ventures and startups. If you don’t have a comfortable and fully equipped place to operate out of, progress will be tough. This is why your first move should be to find a great office. It could be an independent lease or a serviced facility; the choice is yours, but there are a number of requirements that should always be on your checklist.
This guide to the most important features of a high-functioning office will help you find a workspace that fulfills all your needs.
Location, Location, Location
Location really is everything in the business world. You could have a great product, a fantastic marketing team, and a lot of potential, but if your business doesn’t look like a top performer, investors won’t bite. This is a common problem for startups, as many of these emerging businesses begin as home-based operations. They might be every bit as efficient as rival ventures, but they often miss out on opportunities simply because they don’t have a formal business address.
So, it is really important that you get ‘out of the garage’ and into a dedicated corporate space as quickly as possible. Facilities like Servcorp are a great choice, as they combine esteemed Australian addresses with a broad variety of virtual and serviced work packages. The option to pay a flat monthly rate, for access to key resources like IT solutions, meeting rooms, and a 24/7 phone line takes the pressure off young businesses and gives them a chance to start making money before they have to spend it.
Fair and Affordable Monthly Fees
Price is a huge consideration for most companies, as picking the wrong type of office and committing too much of a budget too quickly can be disastrous. It is a tricky choice to make, however, as there does need to be room to grow. Opting for the cheapest office lease in Parramatta or Southbank might seem like a good idea at first, but if you outgrow the space and facilities, you could end up locked in a contract that isn’t suitable.
This is why it is worth taking some time to think about how much you are willing to pay for your office and whether or not you need to accommodate room for fast paced growth. Once again, serviced and virtual offices can be an ideal solution, as most charge on a month by month basis. There is no lock-in contract, so you can reevaluate the needs of your company at any time. If up or downsizing becomes a priority, you just have to renegotiate your terms.
A Robust, Efficient Infrastructure
If you do choose to work from a serviced or virtual office facility, you’ll never have to worry about not having access to the things that you need. As part of the agreed monthly fee, tenants can pick and choose from a broad range of services and resources. These are all managed and maintained by the service provider, so all you’ve got to do is make them benefit your business operation.
For instance, there’s never any worry about patchy internet connections, because they’re monitored and maintained by a dedicated IT team, on your behalf. If you spend a lot of time outside of the office but need a phone line that is constantly available, you can arrange for a receptionist to take your calls. Even your cleaning needs are taken care of as part of your virtual or serviced workplace package.
Why a Great Office is the Secret to a Promising Corporate Future
While it certainly isn’t impossible to run a small business from home – people do it all the time – it’s only ever a precursor to finding a reliable, fully equipped corporate workspace. The faster that you can do this, the sooner you can start convincing customers, clients, and investors that your brand or product is the only one that they need.