Wanting to hire more staff
From taking on your first staff member to introducing a new colleague into your ever-expanding team, your workspace size is an integral factor when it comes to growing the number of roles within your business.
If you’re planning to bring on new staff, you need to ensure you have the capacity to take on the new members within your business. You don’t want to find yourself in an overcrowded atmosphere as this will lead to colleagues feeling uncomfortable, cause a poor work ethic and may also risk breaking working condition laws.
The business has been going well for some time and now you’ve got room to stretch your financial legs. Your first workspace has been a great stepping stone for getting the business off the ground, why not consider the next step in growing your company by expanding into a larger, more professional office space?
Growing your workspace is one of those aspects of business that ends up being forgotten about. Other areas of the business take priority and you find yourself at the same location years down the line. Don’t let it fall to the bottom of the pile, make it a key priority to expand your workspace and take your business to the next level.
If you’re starting your business from home or have your own small business hub, making sure your workspace matches your business is key for first impressions. Meeting in local coffee shops is always great to start with, but as your meetings grow larger, you’ll want to have a space ready to facilitate your requirements.
Make your business workspace stand out with professional premises with us here at Hope Park. Alongside our great range of office spaces to choose from, you also have the option to rent our meeting rooms at discounted prices (if you’re a tenant in either of our locations). Whether you need or organise a brainstorming session with a few colleagues or a corporate meeting with clients, we have something to choose for any occasion. View our full range of meeting rooms.
Your office location could be better
Your first office will always have a special place in your heart, it’s where your business started, the place that made your idea real. That initial office location may have been ideal at the time, but you’ve taken on a few employees, you’re having more client meetings, and you’re realising your business hub is not evolving with your business. It’s just not working out anymore.
Your next office space should represent what type of business you are. Accessible, modern and inviting. Get your employees and clients excited to come and visit your business by showing off with an impressive workspace.
Your workspace lease is coming up to renewal
If your long-standing lease is coming up to an end, it’s a great time to consider your future business prospects later down the line. Many leases can last up to 3, 5 and even 10 years in certain business contracts.
Do you plan to take on another staff member? Will the business need more stock storage? Do you want to get into a new customer market that requires a location change? These are all factors to consider and could determine whether or not it’s the time to move to a new and improved office workspace.
Those are our top 5 reasons for when it’s right time to move into a new office space. If you’re considering moving or looking to open your first business office, get in touch with us today.