Many startups begin in the most unlikely places. Fortune 500 companies like Apple, Microsoft, GoPro, and Facebook all started in places like garages, basements, and dorm rooms. However, as these companies continued to grow, they moved into better offices and hired more people.
If you’re a startup looking to make the jump from a hobby to a full-fledged business, you should consider getting your own office. Having an office allows you to expand your infrastructure, house more employees, and come up with better ideas.
Here are 7 Reasons Why Every Startup Needs An Office.
A physical office introduces structure and professionalism into your workplace. Unlike companies that work out of coffee shops and restaurants, those with their own office spaces create an atmosphere that encourages productivity and professionalism. If you want your team to stay focused on their work, give them a space that allows them to do so.
Need to find an office space? Get an office space for rent that suits your company’s needs.
- Top Talent
A big part of attracting the best recruits is presenting them with a workspace they’ll be excited for. In fact, many talented millennials cited work environment as one of the most important considerations when finding a job. In today’s competitive job market, owning a great office can give you a big edge when it comes to bringing in top talents. Face it, no one with great experience and a good resume wants to waste their time working out of someone’s garage.
Having an office shows people that your company is in it for the long haul, and not just any other fly-by-night operation. What is more, offices spaces can be opportunities to build trust among employees, clients, and customers.
Workspaces encourage the sharing of ideas, which, for every startup, is an extremely valuable part of moving forward. Use the office as an opportunity to strengthen relationships among your team and across the different departments.
The more closely-knit and in sync your workplace is, the more you’ll be able to deliver great results and come up with fresh ideas.
Most startups need investments and funding to get off the ground. That said, potential investors want to see that you’re just as invested in the company as them. If you’re running the show out of your mother’s basement, you tend to look less credible. On the other hand, owning your own office and spending on the needed infrastructure shows investors that you mean serious business. Plus, it gives you a good opportunity to tour them around your workspace.
Things like lighting and ventilation have a profound impact on employee health and well-being. According to studies, providing your employees with good light and air circulation can increase job satisfaction by over 24%, improve employee productivity by 16%, and reduce absenteeism.
- Company Culture
Your office is an extension of your company. The way you design your space–the color of your walls, the furniture, the arrangement of the offices–impacts the culture inside your office. Use space to shape your company’s culture and reinforce company values. Remember, design goes far beyond aesthetics.
If you’re not quite ready for an office, don’t worry. You can rent a virtual office like Common Desk to house your employees. Places like these give you the ideal work environment and much more!