San Francisco is the ideal place for technology-based startups in San Francisco, yet it remains a fact that several entrepreneurs start at home. They virtually operate without having the excess cost of an actual office with its rental fees and overhead costs. As businesses mature, they will overgrow their virtual space and need a more suitable location to accommodate the growing startup.
A good way to attract employees is to offer them a cool office space in San Francisco. Though you may not have the money for the best office, there are some niceties that can make your employees happy.
Most startups and small businesses like the idea of being able to take a break from their work by working from home. Having an office space in San Francisco can help you overcome this problem by giving you the ability to set up shop anywhere you enjoy.
Choosing your next office can either make or break the business. It is crucial to find a good office space that makes a defining difference to your success. There are many things to consider in choosing an office.
Before Copping an Office Space in San Francisco
Decide What’s Most Important To You
When you’re looking for a place to work, it can be tempting to just go with the first thing that comes along. But if you want your startup to succeed and keep growing, it’s important to think carefully about what kind of office space will best suit your needs.
● What type of space do I need?
● Location matters too! Where are my customers located geographically? Do they live close by or far away from my office location? How many people do I need per week who live nearby—and how many people on average visit each week (including weekends)? How easily can I get into my building at night when everyone else has gone home for the day?
Know How Many People Will Work With You
● How many people will work with you?
● How many people will be in the office at one time?
● How much space is needed for each employee, meeting and conference call?
● How much space is needed for training sessions?
Once these questions have been answered, there are two types of spaces available: leased offices and shared workspace/co-working spaces (more on this below).
Consider Renting Office Space In A Historic Building
While historic buildings may not be as flashy or modern, they’re often in better condition than new construction and can be less expensive. In addition to being more affordable, historic buildings tend to have more character and charm—which makes them perfect for start-ups like yours.
● Historic buildings are often located in great locations: historically speaking, San Francisco has some of the best office space available in North America. From Union Square to SOMA (South of Market), there are plenty of spots that offer convenient access to public transportation (and most importantly: coffee shops).
● Historic buildings tend to be cheaper than new construction: if you’re looking for a space that will give your business an authentic feel without breaking your bank account then renting an old building should definitely be on top of your list!
Looking Into Coworking Spaces
Coworking spaces are a great option for startups, but they can be expensive. Many of the coworking spaces in San Francisco offer membership packages that include 24/7 access to desks, meeting rooms, and other amenities. Each space has its own unique features, so look into what you need before you commit to one location over another.
Related article: 10 Reasons Why Start-ups Choose Coworking Spaces in San Francisco
You can also choose whether or not your day-to-day needs will be met by working remotely; some locations have dedicated spaces where people can work on their laptops while others have open desks where people can share time with each other during lunch breaks or after-hours. There may also be areas set aside specifically for socializing with other members who live nearby—these are often referred to as coffee shops or “eateries” by those who frequent them regularly!
1. Identify the Company’s Needs
It is important to start with an assessment of whether or not the business needs an office, as the transition is often costly and difficult. The company needs to prepare for the upcoming changes and not just be financially able. Decisions from here must result from thorough planning. Only when a firm decision is made can you start further planning.
2. Stick to Your Budget
Every startup begins with very limited resources, including having a tight budget to work around on. But having such does not automatically mean it is an impediment in looking for an office space. One’s financial capacity can help narrow down options by a second.
When presented with options, it is crucial to keep asking whether the price is right. Learn every possible hidden cost other than the expense that is made in acquiring the lease. Hidden costs such as parking, internet access, utilities, and any other bills that sneak up on the final tally must be straightened already to avoid the company from getting stretched too thin.
Always remember to get your money’s value and make sure that there must be more pros than cons in acquiring an office. Never be slowed due to the cost spent on the office space. Stick to spending within your means.
3. Secure the Location
It is important to give attention to the business potential and convenience of the next location of your business. It is proven that the right space could positively impact the company’s further success both externally and internally, making it critical for the overall performance and profitability of the company.
Getting the right office helps your company build its brand. Your office space should determine the image you want to create with clients and, at the same time, let it be convenient for them. But first things first, there are financial constraints to put into consideration as the budget might not stretch as far. Costs can already be reduced due to startups not needing as many expansive spaces.
To maximize every square inch of your limited space, you can do space-shelving storage solutions by installing lockers and shelving bays. There could also be multi-purpose office furniture, office sharing, and incentives for employees to work remotely. Asking how many employees do their work at home or outside the office can help narrow down options and cancel out larger spaces. Either way, what is important is to make sure that there will be enough space for effective work among employees.
4. Align with The Company’s Culture
Company culture is the biggest selling point in a startup business. It is a reflection of who you are as a company, whether this includes the branding, logo, and other colors that are part of your branding.
As a startup business, if you would want to introduce yourself to the world, let them know who you are and what you are about. The office space you choose is a reflection of your branding and identity. It should properly fit you, your employees, and your clients and allow your brand to grow at a sustainable speed. Branding the office with your logo and setting it up with decor will help facilitate the image and reputation you would want to establish.
Avoid brand image damage with poor representation as appearances in the world of business often account for something. Create a positive impression with any client who pays a visit and let their first impression be a lasting mental image. This applies not only to your clients but to your employees and guests as well.
5. Consider Probabilities of Future Company Growth
The goal of any business is to expand and grow. There is a need to satisfy your business’ current needs while giving allowance for the future. Begin to think long term and opt for an office that is reliable enough to accommodate your employees over time.
In conclusion, the best office space is determined depending on your budget, personal preferences, and business priorities. Grab the chance to enjoy several perks and find a good office space in San Francisco today!
Dynamico Space: Cost-Effective. Convenient. Flexible.
With a wide range of office spaces to offer, we have coworking spaces, executive suites, and shared offices at Dynamico Space! We also have dedicated desks available at flexible terms!
To know more about our services, you can call us at 415-483-6050 or email us at [email protected]. Getting in touch with our project managers and discussing your needs will help us immediately cater to your needs by booking you into a virtual tour!
When you run out of ideas about what kind of office space to get, Dynamico Space can pioneer dynamic solutions that can jumpstart multiple creativities in your mind. Be our partner, and we will help you land a good office space, maximize its value and leave room for its potential business growth!