When getting office space in Denver for the first time, it can be tempting to get a lease for as long as possible, especially because the monthly rental rates may decrease the longer you commit to. However, there are potential problems that you should consider before making a major commitment like this.
Ideally, you will have a better experience when keeping the lease time to a minimum.
Provides a Great Deal of Flexibility
The most important part about a minimal lease time is flexibility. The last thing you want is to trap yourself into a situation where you are stuck in the same office space for several years.
It is especially problematic if you find that the location does not suit your wants and needs perfectly. Or, if after being there for a few months, you want to have less, more, or different amenities.
Can Grow Comfortably
Regardless of how much you try, you can only fit so many people in an office space comfortably. When you experience unexpected growth, a temporary solution is to get smaller furniture and make your employees work closer together, but private space is a good thing in any workplace.
A short lease prevents you from having to take extreme measures to work in one office space.
Downsize If Needed
Although it is not something you should anticipate, you may need to downsize in the future. On the other hand, you might find that what you thought was a good size for your office space was actually too much. With this in mind, a short lease allows you to downsize and reduce your expenses sooner than later.
If you want help with finding office space, contact us today.