Start Up Offices

It is not necessary for start up businesses to have a professional office space from the get go – many businesses in their early stages cannot afford this. However, there are many benefits of a start up office. Start up offices are great for establishing and integrating a new team; setting standards, responsibility, and accountability for the team. Having an office space also presents a great image when attracting potential clients, partners, employees and even media outlets for marketing the new business.

The biggest consideration when deciding whether to utilise an office as a start up business is cost. If your start up business does not have prior funding, and is reliant on the revenue it makes, you need to consider whether this money will be better invested in an office or in your products and services.

Yes, having an office space demonstrates security for potential employees which is especially important for start ups. Creating a creative and welcoming office space contributes to an appealing work culture which can attract employees; the more competitive your business is, the better chance it has of attracting talented workers.

Inspirational office space is believed to contribute towards productivity – employees feel more motivated to work hard for their company when their company is investing in the health and wellbeing of their employees through their office space, amongst other things. Offices for start ups can be great for motivating employees by establishing a team-mentality and demonstrating promotion within the business.

Start up businesses can be built from home, with work-from-home becoming an increasingly valid way of working for many. However, some of the benefits of a start up office include: creating a space where employees can be brought together, building a sense of camaraderie and collaboration, as well as inciting communication – all essential features for a start up. An inspirational office space creates a great atmosphere for your employees and clients, too, demonstrating you’re a good company to work for and with.

There are many challenges which come to establishing a start up business. The largest of these include financial security. This includes managing your finances and financial expectations, ensuring you’re not moving too fast and that your business is sustainable. Start up offices are a huge financial investment – finding a premise that fulfils your needs, for a suitable price, can be very tricky. Consider looking at start up office space to lease.

Your office can have an impact on your employee’s job satisfaction – the design can directly affect stress levels and comfort. Some workplaces offer designs which are considerate of the health and wellbeing of their employees, such as ergonomic seating, natural lighting, wellness or chill out rooms, and more. Countryside offices are great for decreasing employee stress and improving wellness.

Only you can decide the right time to buy or lease start up office space. However, when you can afford to evolve your business by moving into office space, and by not doing so you are stunting the growth of your business, this is generally a good time to consider moving.