4 Questions To Take Better Decisions On Renting Office Space in KL

With so many office spaces available on rent in KL, how would you decide the one best suited for your business? Is money the only factor that one has to consider when looking for office space on rent? The decision to rent an office space is important as lots of other business decisions depend upon them. Here are 5 most important questions that you can ask yourself to decide what would be the better option for you. Have a look:

Does the office have space for company’s growth?

When looking for office for rent, one does not have immediate plans to shift. A minimum of 5-6 years are always considered. During this period, your company would obviously grow so you ought to consider whether the office has space to accommodate the growth of the company or not. Considering immediate needs is not sufficient, you have to foresee future as well and take decisions accordingly.

As per a commercial space advisor, “If you can't afford to take extra space to give you room to grow, try to negotiate a shorter lease term or add language to the lease that gives you the first right of negotiation on any adjacent space that becomes vacant.”

Would the location of office suit my employees?

Considering the location for the employees sake is also important. Before you select the location, consider the place from where most of the employees come from and accordingly make decisions.  "When considering a move, you might want to let your key staff weigh in so you don't risk losing them," advises another real estate professional.

Is there any hidden cost that I am overlooking?

Do not just consider the rent cost when renting office space, instead calculate the total cost including rent, utilities, construction costs, moving expenses, and other costs. "You have to look at the costs associated with the move, even restoration of the space you're moving from," suggests another professional from real estate sector.

What is the status of parking facility?

Parking is always one of the important issues, which may get neglected at times. A convenient parking place is important for not just employees but your customers/clients as well. Moreover, if the place offers deals for special employee rates and validating customers' parking tickets then that is a further good deal.