Sunday, December 4, 2011

Business: Pressing Office Rental Costs

business rental cost
There are three main factors you should consider when trying to choose an office location for rent, as summarized from the opinion of Jeffrey Cornwall in his book "bootstrapping".

Location

Factors that add to the high cost of rent because the location is close to a busy highway, the concentration of an existing business, regional average income is concerned, special addresses, crime rates, and proximity to public transport.

Rental vacancy rate of existing space

Higher vacancy rates often will make the party more enthusiastic in negotiating lease rental rates and rental requirements.

"Levels" rental space

Office space and retail prices set based on the level of completion of the interior and exterior of a building. Completion of the exterior and landscaping can dramatically affect the cost of rent. For example a building made ​​of brick with external ornaments which are many and extensive landscaping will cost more than the same space in a building with a more modest exterior. Interior space is often ranked based on a scale unknown spacenya grade level. 

A room that has a grade A has the highest rents, characterized by a high-quality wood finishing such as mahogany, high-grade carpet, windows and doors that can be customized and expensive wallpaper. A room with a grade of B is usually still very viable for use as an office, but more simply with a less striking wall and floor coverings are not so 'wow'. The size of windows and doors are also given. Space with a grade C is very simple and uses inexpensive materials in the finishing, such as vinyl and floor with a simple panel to cover the walls. 

Client number of the company, such company in the form of law firms that serve wealthy clients expect to get a better quality of space in order to reflect the status of its business in the eyes of customers. But for other businesses, the quality of B or C was already perfect and can be accepted without having to make their customers reluctant to return. And if the client is very rarely visited the place of business, entrepreneurs who are struggling hard to establish a business would choose a room with the most affordable rents.

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