利用者:NoreenaLaroche2096

Starting a new business or keeping an existing small business afloat is a very daunting task especially in today's economy. Business entrepreneurs make a constant effort to minimize start up costs in order to keep the company breathing long enough to start making profits. One very potent strategy in order to reduce costs is to rent an office instead of buying one. While some critics may argue the buying is generally better than renting, it is not always an ideal option for small and start up businesses.

Here are 5 Reasons as to why Renting an Office Space is the right way to go for Small Business establishments:

Low Start up Costs for Rental Offices:

Any type of business would welcome a venture that is both crucial for its survival and yet comes at a mediocre cost. Offices for rent do not require extensive background checks. Nor do they require huge down payments and hefty security deposits that are typically associated with buying office spaces.

Offices for Rent Come With Flexible Lease Terms:

Contrary to buying in which a business is hooked for ten or more years (30 years for businesses operating from home), renting comes with flexible monthly and yearly options. This is a very attractive option for small businesses who want to keep their options open.

Offices for Rent have Affordable Monthly Payments:

Renting an office is also cheaper than buying as far as monthly payments are concerned. Some even come with clause of a flat rate throughout the lease tenure regardless of the market value. Most offices for rent are also insured by the landlord hence the tenant does not have to pay additional insurance fees on top of the monthly rent.

Less Responsibility with Rental Offices:

Since there is no ownership involved, the burden of responsibility and liability does not lie on the business establishments. The landlords of rental offices are required to provide all the services that are needed to run an effective office, such as proper electricity, water, and sewerage. They are also liable to provide prompt and adequate maintenance on these issues among many others. Renting an office rids companies of shouldering such responsibilities.

Renting Offices provide an Easy Way Out:

Arguably one of the best features of renting is the easy way out option that it comes with. Since there is no long term contract involved (as is with buying), the company can choose to relocate at any given time should it choose to. Furthermore if the company is not doing well and has to cut its losses and fold, the flexibility of renting offices allows it to do so albeit with some penalty. This option is not available at all for office owners who must sell, often times at a loss, in order to get a portion of their investment back.

It's no secret that offices for rent are so popular. While both options are available, each company weights in the pros and cons using its own parameters to come up with the best course. Renting offices provides new, upcoming and small businesses the flexibility and security they need to survive in today's competitive market. 渋谷 貸事務所