Renting an office is a crucial step for your business. However, there are many unforeseen costs associated with renting a traditional office. Many business owners get caught out when they are unaware of these costs and only realize too late when their budget is affected. Nowadays, there is the better option of renting an office suite instead, as we will explain.

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The Unforeseen Cost of a Traditional Office Rental

Furniture and Installation Costs

With traditional office rentals, you often just get a bare space. Even if the office happens to come furnished, you still need to make sure that you have all the fittings to use that space well. That means considering whether you need to install extra sockets or data points, or whether you might want to update the furniture to match the design you want. 

You might even need to consider the air-conditioning, heating, and signage. Also, don’t forget additional areas like the reception area, meeting rooms, and lunch areas. All these renovation and furniture costs can add up to thousands of dollars out of your budget. When you rent an office suite with us, you won’t have to worry about furniture or installing anything else. Your office suite comes ready to go with everything you’d need to start your business from day one.

Extra Space

You can never truly anticipate how your business might grow. Expanding your space once you sign that traditional office rental lease can be challenging. You may end up needing to construct more rooms or even move to an entirely new office. Ending your rental contract early and moving to a new space all come with additional costs to your business. 

In contrast, renting our office suites give you the flexibility to increase or decrease the space you need according to your business requirements. 

Maintenance

Most traditional office spaces come with the extra cost of maintenance. Some contracts might come with terms that leave you responsible for maintenance costs like general upkeep or even sidewalk maintenance. With our office suites, you only have to focus on running your business. All the maintenance is handled by our office managers, who run the entire place and ensure you can run your business with peace of mind.

Utilities

Don’t forget that with traditional office rentals, you aren’t paying just rent. You have to pay for utilities like electricity, water, air conditioning, and heating. These costs will add an extra burden to your budget. When you rent our office suites, all you have to pay is one price, and it includes utility fees.

Conclusion

There are many unforeseen costs that come with renting a traditional office space, which is why it’s important to check what other costs there are before you sign your lease. With our office suites, you won’t have to worry about any additional costs like furniture, maintenance, and utilities. Our offices are designed for you to get started right from the first day, so call us today to book a tour!