Your Guide to Choosing an Office Space in Hyderabad!
It does not matter if you have a huge business or just a small showroom, choosing and setting up a new workspace can be daunting. There are a lot of things you need to keep in mind from understanding the office space in Hyderabad you need now or might need in the future, to all the facilities available including location, cost, lease, and more.
If you are in a market looking for office space in Hyderabad, then what you choose will directly affect your business. Not only can it affect your day but also your staff morale on a day to day basis. To help you, we’ve put together 10 important factors that you need to consider while short-listing an office space in Hyderabad. It is all about helping you make the right choice to help your business grow!
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Location
If you are looking for office space in Hyderabad then, location should be at the top of your list. The location of the office should be convenient for both your clients as well as your employees. Also, you need to consider if it is a good neighborhood. Choosing a location close to public transport, cafes, and restaurants, or green parks for a refreshing break makes up for an ideal and modern workspace.
Another aspect of considering the location of your business can be the proximity of your competitors and partners. You can position your business closer to your competition to boost your business.
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Price
Price is probably the 2nd most important factor while looking for office spaces on lease. If you are a penny-pincher and are scared to burn a hole in your pockets, then you might end up with a place you won’t be happy with, or you might have to move out in just a few months. If you are too greedy and want all the space for yourself you might end up struggling to up the rent on time and neither of these scenarios is ideal for your business.
So, before finalizing an office space, make sure to make plan your budget!
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Size
Both, the above-mentioned factors will influence the size of your office space in Hyderabad. It is normally recommended to have at least 70 square feet per person. However, you know what your business needs best. Make sure to keep in mind the storage space each employee might require, the sizes of their desks, extra storage space, a common meeting place for your colleagues, a meeting room, and so on.
Furthermore, while looking for the size of your office space for rent in Hyderabad, keep in mind that you might need the room to grow in the future. While it can be difficult to exactly know how much extra space your office will need in the future, looking for an office that has room to grow with your business is critical. Flexibility is key, so look for space where you could potentially expand, or go for a shorter lease or one that will allow you to move if needed!
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Design
The design of your office space as well as the aesthetics are other important factors you might want to consider! The way you design your workspace will directly impact the reputation as well as the image of your company in the market by your clients, employees, and even stakeholders.
When thinking of designing a workspace, keep in mind that it should be functional as well as alluring to people. Your business space is a place where your employees spend their whole week, so it needs to be comfortable along with being professional.
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Infrastructure & Tech
Another important feature to keep in mind while looking for office spaces in Hyderabad is the infrastructure. While going shopping for office spaces on the lease, make sure that there is a reliable network and internet connection in the building.
Moreover, facilities can include everything from shared meeting spaces to cafes, outdoor space, public Wi-Fi, and end-of-trip facilities. Many bigger commercial buildings, today, also offer concierge services, daycare, and fitness classes for tenants. These amenities will boost up morale.
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Parking Area
Parking is yet another major factor to keep in mind! Almost every business need parking space for senior members or clients when visiting. Apart from on-site parking consider nearby parking areas for employees, clients, customers, or visitors.
If your office doesn’t have suitable parking, it can create complications and accessibility issues.
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Proximity & Accessibility
While looking for office space on lease in Hyderabad, always consider the proximity of the space. How close will your office be to your customers, competitors, and suppliers? When choosing an office space you would want to make sure that your office has the right proximity to get you going. This usually differs from business to business!
Also, make sure your office is easily accessible by car or any other public transport.
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Lease type
When looking for office spaces in Hyderabad, you will come across several lease types. Make sure you go through the papers and contract carefully before signing them off. Many landlords might want you to sign a lease that lasts several years. Looking at the growth of your business, it exactly isn’t ideal to spend years in one place for an extended period.
Therefore, look out for flexible license agreements that will give you the freedom to rent a space for as long as you think you’ll need it, be it 3 months or 3 years. Typically, you’ll find that flexible licenses are agreed upon for shared or serviced offices.
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Contingency plan
There might be times when things won’t go your way or sometimes, even with careful planning an office space won’t work out as per your needs. Unforeseen events can occur, with your business or your office space. Always make sure you have an exit plan ready or a backup plan that can help you move out at any time when the need arises.
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Take your time
Lastly, don’t feel pressured, and make sure you take your time in choosing the right office for your business. It’s a big decision that can impact almost every aspect of your business, from staff to clients and productivity. Make sure you’ve done your homework to identify the services and facilities your business needs.
Essentially you just need to make the right choice when it comes to location, size, and price. But, other factors can affect the growth of your business if not done right. So, make sure to do your homework before choosing the perfect office space for your business.
Also, Read: 6 Work-Life Balance Tips for a Healthy and Productive Life