| August 2008 - What should you consider when looking for an office? There are various issues that need to be considered when looking for a new office:
Where do I want to be located?
If you are just setting up a new business the chances are that you have been considering doing so for some time and having decided upon a budget in order to pay for the cost of setting up the new office you now need to decide where you wish to be located.
The closer you are to Central London,the more expensive the office is likely to be.
Most people tend to establish an office in an area that offers easy travel from home and close to an underground station.
If you are now expanding your office and need to move to a new space the chances are that you will tend to remain in the vicinity of your current location.
Savoy Stewart can provide a comprehensive list of offices that are available across London
How much space do I need?
The general rule of thumb that most people use is to allocate between 50-100 sq ft (5-10 sq m) of space per person.
In addition to this space may need to be allocated for a meeting room,reception area,kitchen,server room and storage space as well .
A room of 200 sq ft will easily accommodate 2 people but if you are planning on expanding rapidly it is important to ensure that you have not committed to a long term lease because you may find that your expansion plans are hampered by this lease.
Depending upon the size of the initial set up it may be that the most economical way to go is to consider serviced offices where a landlord supplies you with an office, all furniture,telephones and computer infastructure as well as communal meeting rooms, for an inclusive licence fee.
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