Part 1 – Introduction
As virtualization becomes more cost effective, the number of people working from home is steadily increasing. According to the U.S. Census Bureau the number of home based businesses is up to 38 million representing 12% of all homes in the United States. In the past, a barrier to starting a business was the startup costs.
When a business has very little incoming revenue, paying thousands of dollars for a small commercial office space is cost prohibitive and for those graduating with college debt, a high priced office space is out of the question.
Although a spare bedroom has a definite cost advantage over renting commercial space, as your business grows, the home office environment may stifle your growth. You may run out of space, not have the facilities to hire employees, or don’t have the warehousing space needed to meet increasing demand.
It’s a good problem to have but at some point, it will become imperative that you move to a more traditional office space. Here are a few reasons why.
Part 2 – Why you should consider Perfect Small Office as your business residence?
1. Best Locations
2. Best Price
3. Onsite Management & Maintenance
4. Flexible Floorplans
5. Access to Campus Networking Events
Part 3 – Things to Consider before Getting a Traditional Office
If you’ve never considered looking for office space outside of your home, let’s look at some guidelines.
Once you have answers to these questions, you’ll have a much better idea of your office needs. You don’t want too much space that is sure to break your budget, but if you’re going to make the investment in office space, have enough that allows for expansion and will also be a means of making money for your business.
If you plan to work alone, you will need about 400 square feet of space according to industry standards. Every support employee who doesn’t need a private office requires about 250 square feet.