I Want To Create A Small Business Where Do I Start?

Office space for rent new york city

What qualities do you look for in executive offices for rent? Many people actively seek out locations that will pay off throughout the year, while some prefer an affordable down payment that won’t make a dent in their budget. Cheap office spaces for rent can run the gamut of generally favorable to a long-term nuisance if you’re unfamiliar with the process of leasing, renting and flipping through your local directory. Where do you even start with all these different options? Look below to learn more about small and large businesses in the States, the benefits of renting office space and how you can turn your business into one to remember!

What Are Small Businesses?

Did you know there are over 28 small businesses throughout the United States? The Small Business Association (SBA) defines a small business as an enterprise with less than 500 employees at any time, with the average workforce amount being a few dozen to a hundred or so. Well over 4,000 Business Centers exist throughout the country, offering professional resources and connections to those looking to make their mark in the industry. Small businesses have generated around 65% of new net jobs since 1995, breathing life into a struggling economy with a bevy of unique career fields and flexible employment options. When you create a small business, you pay it forward!

Why Do People Lease Office Space?

There are a multitude of reasons large and small businesses prefer to lease office spaces. Reason number one is the flexibility — you can rent a space for one year or ten years depending on your financial goals and time frame with no problem at all! After conducting your business for an extended period of time you can later decide to buy the space permanently. Freelancers, due to the nature of their field, naturally gravitate to the flexibility and affordability of renting over buying. An estimated 80% of the cost of a space are simply operational and leasing costs, freeing you up to focus on other aspects such as design, marketing and more.

What Is Office Design?

Studying and leasing executive offices for rent are just one part of the equation — design is another beast entirely! A national survey found that effective workplace design is overwhelmingly the most important option to senior officials at a whopping 90%. Smart design is known to increase employee productivity, encourage higher work outputs and reduce clutter and frustration in the day-to-day. An international study boiled efficient office design down to five primary factors: furniture, noise, spacial arrangements, proper temperature and lighting. Comfortable furniture and agreeable temperature is essential for those that work sedentary positions, while noise reduction can help employees focus for longer periods of time. Don’t forget to invest in a coffee station!

How Do I Find Executive Offices For Rent?

So, you’re familiar now with the benefits of renting and how to make the most out of your office space — where do you even start finding the ideal office space for lease? The first aspect you should keep in mind is location, such as an easy walking distance in an urban area or an office with affordable parking. Recent surveys have found customers more likely to make return trips to a business if they don’t have to struggle to find parking or go too far out of their way. Checking up on the surrounding businesses is also essential, as the nearby environment can reflect both positively and negatively on your business. Last, but not least, the majority of startup costs are tax deductible within the first year of doing business. So, what are you waiting for? Grab a notebook and start looking up the location of your executive offices for rent!

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