How to Find a Rental Space for Your Startup Business on a Tight Budget

By Lois Leonard

0 min read

You might need to rent office space for your growing startup. If you’re on a tight budget, you’ need find an affordable space before you sign a commercial lease. Follow these tips to find a business rental that fits your a budget:

  • Visit several business rental properties. Affordable spaces may not be in your area of choice, so consider factors like location and safety.
  • Find out the total cost of renting a space. The total cost includes the rent plus utilities and maintenance.
  • Locate co-working facilities in your area. Co-working facilities offer shared desks and private offices to startups for affordable daily, weekly, or monthly fees – no lease required.
  • Contact your local business development agency to find out about startup incubators in your area. Similar to co-working facilities, you can rent office space in an incubator at an affordable monthly rate without signing a lease.
Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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