What you need to know about executive office space

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Among the plethora of office leasing options, an executive office space can serve the needs of business at all stages of development. Unlike other types of leasing options, an executive office space allows for business owners to lease appropriate office spacing while controlling overheads. Often, basic amenities are included in the lease, allowing for savings at the end of the month.

More importantly, those looking to take advantage of deals for leasing office space can walk into some fantastic setups that allow you to transfer the lease, that doesn’t require any lengthy contracts, and that helps to put your business in a positive light to the public and prospective clients.

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Keep reading to ensure you enter into an executive suite lease that meets your requirements.

Research Before You Search

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If you’re thinking about leasing with a particular company, take the time to research the place. Sit in the office as a client to get a sense of what the company actually offers. In this way, you experience the type of environment your business will be immersing itself in and you’ll experience the professionalism that is promised as a part of the leasing agreement. In this way, you can quickly see whether an executive office space is the best option for your business.

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Beware of Charges Outside the Monthly Rate

While one of the perks that some leasing companies offer is the option to pay a monthly fee that is all-inclusive, business owners need to know what exactly “all-inclusive” entails. It’s always important to cross your t’s and dot your I’s to ensure there are no surprises down the line.

Make sure to ask the leasing office exactly what is a part of the rental agreement and what is not. For example, some leasing companies offer internet, mail, and basic administrative services as a part of the basic rental agreement and others do not.

Make Sure You Know the Fee Schedule

Before signing the lease, make sure you know the various surcharges for services rendered as an occupant of the building. There is typically a setup fee when first entering into a lease related to turning on the utilities, installing internet services, and placing furniture in the office. Other fees that might be incurred while leasing an executive suite include the refurbishment and business continuity fees. Always go with a reputable provider to avoid any unforeseen expenses in the future.

Don’t Be Afraid to Negotiate

While most leasing packages have a set price, depending on the market, smart business owners might be able to negotiate a good deal on leasing an executive suite. When negotiating, everything is up for grabs, from utilities to monthly payments. Keep in mind, that if the real estate market is experiencing a decline, you might have a better time of securing a deal.

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Read the Rules

Make sure you understand the rules regarding leasing in the area. If your business is located in a retail area, there is the likelihood that rules governing the appearance of the building will be a part of the contract. For example, some leasing companies have rules related to hanging objects to the facade or placing chairs and other furniture outside of the building.

Why Lease an Executive Suite?

Leasing an executive suite has many advantages as it helps to keep your overheads at a minimum slow. Not only do these leases help save money but they offer you the chance to grow your business and have an office location in a prestigious location in your city of choice.

With an executive office at your disposal, you can take your business venture to new heights in no time. Just be sure to take the time to find a setup that will allow your business to thrive, grow and become a force to be reckoned with in your industry.

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