Famous for its delicious Philly cheesesteaks and the Liberty Bell, Philadelphia is home to the United States’ Declaration of Independence and a ton of cultural attractions. Along with this, Philadelphia has the sixth-largest workforce in the United States, with over three million people in financial services, manufacturing, technology, and more. It is no surprise that a lot of people have their eyes on starting their own business in Philadelphia.
There is plenty of office space for rent in Philadelphia, which small or big-time business owners can use for their venture. The town is even part of the ‘Top 20 Emerging Startup Hubs’ for business owners, making it a real hot spot for starting a company.
Since there are a lot of ideal places to choose from, finding the best office can be a struggle. If this is your first venture, you would want everything to be perfect so that you can avoid problems that might come your way.
To help you make the right decision, here are a few tips to keep in mind when looking for a Philadelphia office space for your business:
Be frugal and follow a strict budget.
In anything you do, whether it is a big business plan, or even just weekly grocery shopping, having a tight budget and following through will ensure that you are not wasting any of your hard-earned dollars. When looking for an office space for rent in Philadelphia, set a budget that fits well within your financial capacity. Do not settle for too low, and do not aim for a space way beyond what you can afford.
Make sure that you estimate your finances before going for office hunting. This practice will ensure that you do not waste your outlay, which you can use for other essential matters.
Consider all your expenses.
Living in an economically powerful city like Philadelphia comes at a price that is more than just your monthly rent. Although the cost of living here is reasonable, it is different from running a business. You will consume more energy, water, and so on, thus triggering higher bills.
On top of this, you have to consider the pieces of furniture and office supplies you need. What are the things you need to get your whole business going? How much will the insurance policy cover for sizeable office space? Having all of this in check will ensure that you know exactly how much you need.
Choose a great location.
A safe, accessible, and smart location is what your enterprise needs. Search for an office space for rent in Philadelphia that is accessible to public transportation, restaurants, and, if possible, living districts. These are among the daily necessities for you and your employees. And having these conveniences near your office will do your office members a big favor and save a lot of time and resources. You would also want to choose a location that has a friendly ambiance and surroundings, so any potential partners or visitors can feel safe when they travel to your office.
Check the office thoroughly.
Find out everything you possibly can about the office and its location. Understand everything, be it building rules and policies, or cracks on the walls and ceilings that need fixing. Check every inch of the office, and if you need any clarifications about anything, do not be afraid to ask. Auditing and investigating everything about the office will ensure that you are not being scammed or fooled by building and commercial space owners.
If you feel like you are not an expert with these kinds of matters, hiring a professional like a broker or real estate agent in Philadelphia will help you handle your office needs better. Starting your own business can be tricky, but when you finally find the perfect office for you that ticks all the right boxes, you will be able to start your dream business comfortably.