Affordable Office Spaces For Entrepreneurs

 

8286195717_eb2dfb2afe_zEntrepreneurs run their own business amidst many financial constraints, hence they aim to provide value to their customers at a minimum cost. One of the most expensive recurrent costs any business faces is office space rent, with the prices skyrocketing every year.

In Washington DC – office space is hard to find and, in most cases, is extremely expensive. Additional cost includes office furniture, personalizing the space and adding communication technology like internet to the space. For an entrepreneur, a formal office is important in portraying the image of professionalism and reliability, and it’s also a place where your clients can easily find you. A permanent residency for the business is required for your business cards as well as a website.

A full-time office is the best option it conveys prestige and reliability of a firm, however, this option is often very unaffordable to entrepreneurs. Cheaper part time options should be considered.

What cost effective solutions, can entrepreneurs consider?

Co-working is a great compromise between a standard office and a home office. It involves renting out furnished offices that are shared with other businesses. The offices have quality furniture and communication technology like phones, internet and conferencing services all setup. The offices in some cases do also offer friendly support staff services. Shared offices have many advantages, the major one for entrepreneurs is that it’s more affordable than a corporate office. There is also more opportunity for social interaction in a shared office, something that might help entrepreneurs get more business. Distractions in an office are less compared to a home office or public meeting points, like a restaurant or coffee shop. Privacy is maintained, it also easy to maintain a positive work-life balance. Renting office spaces can be a flexible solution in that the entrepreneur can choose a space that he can afford.

Different office space sizes, rent out for a different cost. Small entrepreneurs can get very small spaces while average sized businesses can get bigger sizes that can also accommodate its employed staff. Depending on your business performance, you can even choose to rent out the office space for a particular period such as during the high seasons while relinquishing the office spaces in low seasons.

Having a business as 100% online, can be another solution for entrepreneurs, whose businesses cannot handle the cost associated with office spaces. An online business can be run from any location in the world. It’s a great starting point, however for growth in the future a permanent office residency or co-working space should be considered.

Why Need a Short-Term Office for Rent in Washington DC

Empty BoardroomWhen you are a start up and want to expand your business in the future, it is best to hire a short-term office space for rent in Washington DC. With the development of the Internet, it is not hard to look for a short term space. There has been a boom in the short term office space rental opportunities with the rise of shared and serviced offices. These spaces can bring many benefits to you and your company. There are many reasons to consider renting such a working space for regular business operations but they are tailor made for start up companies with small operational requirements.

Short term office space in Washington DC can be available for a group of workers who want to form a smaller company. This kind of the space can offer seamless access to daily business operations. It is designed to come with a broad range of amenities available. It also can deliver you a full range of meeting, board & training rooms. Business owners can have access to fully wired meeting rooms. Moreover, the meeting room offered by a real estate company can allow you to use the state-of-the-art equipment. The equipment is available to host an important meeting with clients.

Short-term office space is considered as an excellent solution for start-up businesses that needs a temporary office to conduct their business. A fully furnished space can help prevent a delay in completing functions essential to business survival. There are various types of the commercial space. You can choose to hire a serviced office that caters for freelancers, small businesses and their particular needs. Short term offices are also flexible to your needs, no matter what situation you may throw at them.

When it comes to renting a short-term office space in a large city like Washington DC, you should consider your budget, the number of your employees and the nature of your company. For those companies that are moving into new business markets or just getting started, they often prefer temporary office spaces. However, seeking the help of the real estate agent is an important step. If you get a short-term office space, you won’t need to worry about setting up telephone systems, buying office furniture, arranging office equipment leases or hiring office administration staff. It is something that will support business operations. There are many companies that can provide you with various offices for your business, so you should find a reputed provider.

Finding The Best Short-term office Space

5757233753_62997c3d5b_bThis article goes into what you need to look for in terms of short-term office space if you are a lawyer or entrepreneur in the Washington DC area.

You might need office space from a few days to a couple more weeks, but that does not mean you need to settle some unprofessional looking bleak office space, or spend a bundle on renting for longer periods.

One of the most important reasons for requiring short-term office space is to reduce costs, yet still have the all the facilities of a fully functioning office at hand, at a moment’s notice. Modern office space can be much more expensive to maintain than it used to be with all the technology, services and facilities that are required on a day-to-day basis. When a company has to spend a large amount of money in paying for an office space, it eats away at the amount of money they can use to hire more talented employees or marketing investments.

So here are some of the general things to look for in short-term office:

  • Reliable broadband internet access.
  • The latest technology available
  • Support staff, including receptionists, telephone operators, IT, and office managers.
  • An open space that can be easily configured to the way that works best for you and your staff, be it a private space, open-plan or a shared space.
  • If you will need to have meetings, training sessions or video conferences you will need access to a space that can be easily configured to your specific needs.
  • You might also require a local prime business address, maybe something central that you can invite your customers too.

The short-term office space in Washington DC for lawyers will usually be for a fully loaded executive suite with all the features mentioned above. Depending on your requirements, you might also need a place that allows you some freedom to decorate your area with your own décor. This might include allowing you to paint your space and even add a logo.

Some of the best ways to find the short-term office space in Washington DC is to:

  • Look at local listings magazines, Craigslist, Gumtree, etc.
  • Some companies like Regus – a virtual office space provider has many available spaces worldwide that are easy to reach by public transport.
  • The ever faithful Google is also your friend here, but do check each company out in an independent site such as the Better Business Bureau sites – You can usually find the company in the national BBB database, as well as the state (or regional) BBB and you should check both for the most comprehensive picture.
  • Tapping into your Social Networks can sometimes bring you the very best deals. Ask your contacts and colleagues where they usually lease office space and if they found it satisfactory for the price and any other questions that are important for your situation.

Office Space in Washington DC

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Washington DC is one of the best places to live and work in the United States. This is because the city is the seat of the national government, and the economy is booming. Most of the wealthiest places in America are the counties surrounding Washington DC. Having your office based in a trendy place like Washington DC is critical to promoting your business and its services. When looking a full-time office space, there are a number of things you need to know. These include:

Understand your business’s office needs 

Businesses have different office needs depending on the scope of their services as well as the size of the business. Therefore, when looking for an office space for your business you need to understand the size of your business. This is so that you look for a space that will comfortably accommodate your business and all its office needs. Business offices need to be spacious to create a good impression on potential clients as well as allow for easy execution of tasks in the office.

Rent and other costs 

Office spaces come with widely varying rent costs depending on factors like location, size and amenities offered. This is why before you settle on any full-time office space, you need to consider the rent charged for your preferred space. Only rent spaces that your business can comfortably afford both in the short and long run. The best way to ensure that you only settle for an affordable office space is by working with a budget. It is also important to note that other than rent, there are also other costs incurred when renting office spaces. These costs are such as utility bills (water & electricity) and security for other costs. Office spaces that incorporate these bills in the rent are an ideal option for any business and if this still a little too over budget, maybe take a look at a virtual office Washington DC.

Accessibility and surroundings

A business office should be in an easily accessible area. This is so that it becomes easy for the business to serve its clients and customers. Due to this, you should only consider renting office spaces that are located in easily accessible areas. In addition to this, you also need to ensure that the office space of choice is located in a clean neighborhood with proper communication and transport infrastructure. The best office space is that which is located in close proximity to amenities like banks, metro stations, and other high-end amenities that may be beneficial in the day to day running of the business.

When looking for a full-time office space, you need to schedule your search and probably consider hiring agents to help you in your search. Real estate agents are very resourceful as far as finding the best space to rent is concerned. One way to ensure you search all of the best options is to see what has been optimized for search (SEO) by one of the top SEO companies. Chances are, if there is a website that has been optimized for you to find it, that may be the best option.