When you’ve set up a startup business, you’re in the process, or you’re thinking of starting one, you’ll want to make sure you give it the best of beginnings in order to propel it to success right from the outset. Here’s a handy guide to how you can make it work for you.
Identify Your Priorities
When deciding on the right office space for you, think about the needs of your business first and foremost. In 2016 in the UK,depending on your niche, it looks like London is the place to be for setting up a new enterprise as you’re ideally placed to compete with other startups and established business. However, your success in a given location will depend on the area of business you’re in. For example, if you work in a particular niche like web marketing it is pertinent to check out how well similar businesses do in specific cities.
Check out the competition and assess whether you’ll have enough demand and a big enough client base. Your ideal location could vary; other large cities like Leeds and Manchester do very well in certain industries, especially web marketing for instance. Check out online statistics for new business in your desired area and make sure your niche will thrive. Ensure your business gets the most attention from clients and potential investors by being market savvy with where you lay your roots.
Type of Office Environment
Again, the type of workspace you’ll need will depend on what kind of business priorities you have. Here are some key factors to think about when planning for your first office.
Will you need: kitchen, printers, meeting rooms, dual screen desktops etc.
Think about your workforce – how many people work with you, and how much space you can afford. Make sure you plan for potential growth or downsizing.
What kind of hardware will you need to install; for instance, think about connectivity, telephony and specialist machinery you may need.
A Final Word of Advice:
When it comes to finding the right building to house your new enterprise, you have a number of options. By far the easiest for a startup business is to rent out a serviced office in your chosen city. Certain companies, like BEoffices, will specialise in providing for your business needs and save you time and money on the tedium of housekeeping. The housekeeping time involved in having your own office as a startup can detract from getting your business off the ground. Your time will be better spent honing your business plan and doing what you do best – working on your enterprise.