If you own a small business, you are most likely very aware of the cost of leasing office space. It is, to say the least, an expensive undertaking, so expensive that many small business owners are looking out of the box, beyond the traditional, for affordable alternatives. We will discuss this new time in American business in this article by RDS Real Estate, serving the Greater Fort Worth area with quality and affordable commercial property for rent and industrial property for lease. Call us at 817-439-3224 for more information.
Now, though, let’s talk about leasing office space on a tight budget.
The cost of leasing office space the traditional way.
If you have recently priced office space for lease, you understand why so many small businesses are looking for alternatives. Quality office space in a quality location is expensive. There is no other way to describe it; and for small businesses, struggling to make ends meet, a traditional office rental is out of the question.
It is not so much the lease price. Many a small business could afford a lease of $2000-$3000 per month, but it’s the secondary costs which can be crippling. The cost of signage, the cost of furniture, the cost of utilities, the cost of insurance, add it all together and it is not out of the question that the monthly total will be five-grand or more. And that fact has led to many small business owners re-evaluating their need for office space.
What do you really need when leasing office space?
If this all sounds familiar to you, it might be time for you to sit down and have a heart-to-heart chat with yourself. Do you really need an office? Could you get by with an office on a part-time basis? What do you really need an office for? Is it absolutely necessary that you have one? And what, if any, alternatives do you have?
There is an alternative idea which is gaining in popularity.
There are a couple alternatives worth considering. One is to share an office suite with another company, thus splitting the costs. This can be very effective if the company you combine with is simpatico with your company i.e. a bail bonds company and a lawyer’s office.
The other alternative is a thing called shared office space, or coworking space. This is basically leasing an office part-time, and leasing an office in a common office area, with other businesses. At places like Paddock Place Office Suites, in Fort Worth, coworking space can be rented for a low $550 per month, with utilities and WiFi and furnishings included. It is a creative atmosphere where idea sharing happens, where energy flows, and where money is saved.
Could your company benefit from a part-time office? It is, at the very least, something to think about regarding an office space to rent.
A final word about RDS Real Estate.
RDS Real Estate is locally owned and operated, covering the Fort Worth Metro area like a blanket with over two-million square feet of commercial and industrial properties for rent. Call us today, tell our leasing agent what you need, and turn them loose to do what they do best, which is match a client with the perfect property for their needs.