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.