Choosing office space in Toronto, OB or elsewhere in Canada can be challenging because your choice will have many repercussions for your business.
For example, choosing a wrong office location could cost you employees or clients. In addition to that, you should also base your choice on your business future needs and potential growth.
All business owners should consider these questions before signing a new Toronto office space lease:
Is there room for your business to grow?
Every business should consider not only its immediate needs, but also future growth potential and other factors that could change office space requirements during the term of the lease. And if you can’t afford to rent extra space to have some room to grow, try to negotiate a shorter lease term with your landlord.
Is it the right location for my employees?
Consider where your employees live and if the new office space will be convenient for them. Long commute may push them to seek employment with another company.
Is the location convenient for your clients?
You also want your new office location to be accessible for your clients. And if you decide to leave an urban office location for a cheaper space in the suburbs, consider whether your lower rental expenses will make up for the possible loss of clients / revenues. Even in our age of video / online conferencing, it’s important that face-to-face meetings take place.
For more on our office moving and storage services, check out our website or call us on (647) 497-7747 or fill out our Contact Form for a free consultation.