From the Nolo Business & Human Resources Center
Renting Real Estate for Your Business: Overview
To get the best space for the best price, do your
homework on business space and commercial leases.
Your business has become successful, and you're ready to move into a better
place. Or you’ve decided to streamline your operations and rent a more efficient
space. Perhaps your home business is bursting out of the garage and needs its
own location. Whatever your reason for seeking to rent a space for your
business, it's important to understand as much as possible about commercial
leases to get the best space for the best price.
As you enter into the process of searching for and renting office space, the
following pointers will help you.
Determining Your Needs and Setting Priorities
What kind of space do you need? Commercial space comes in a
multitude of sizes and configurations, from the to-be-built building to a
plain-vanilla office suite to a quirky older building. If you know what you're
looking for, you can efficiently go after it.
Where do you want to be located? Being in one part of town
may be important; but if it's not, you will have more to choose from.
Is appearance important to you? If you're dealing with the
public, the outward show of the building will no doubt matter.
Do you want to be located near other businesses that complement
yours? Sometimes it's a plus to be among your own (such as in the "high
tech district").
What kinds of services do you want near your place of
business? You may conclude that you and your customers or clients will
benefit from certain close neighbors -- a dentist, for example, may want to be
within walking distance of a special X-ray lab.
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