Have you ever thought about the possibility of renting or buying an office? It is often thought that the rental costs of an office are more expensive than those of a purchase. After all, it is better to invest the money instead of wasting an amount every month. However, renting an office is cheaper than you think. In this blog, we approach the various factors that you should consider during the search. This permits the buyers to make the best decision between renting and buying an office at the end of this article. Keep reading!
As an entrepreneur, you are trying to create the best possible work situation. An environment with facilities that ensure that you and your employees can operate optimally. Unfortunately, too often, the importance of good offices is underestimated. In fact, finding suitable office space in Delhi is important for your business. In this article, you can decide which office best fits your business!
Jain Oncor distinguishes 4 types of offices. To know:
- Multi-company/multi-tenant building
- Business center
- Conventional Office
- One tenant
Because you are based in an office building with other companies, it is easy to network. Good connections are worth gold and can even become potential customers! Because you have multiple businesses in an office building, facilities such as toilets, dining rooms, and meeting rooms are shared with other businesses.
Finally, there is the advantage of short contractual terms. It is often possible to rent a space in a multi-business building for a year and in some cases, even for 6 months or less.
A business center is a more luxurious version of a multi-business building. A business center has more facilities, services, and the opportunity to rent fully furnished. For example, a reception with receptionists, a mailroom, a dry cleaning, and a photocopy workshop.
In addition, it is always possible to rent a meeting room. This is not always the case in a multi-company building. You will find business centers, mainly in big cities.
A conventional office is not usually rented by a novice. With classic office spaces, you rent a bare space with a fixed rent per square meter. One of the main features of such an office is that rental periods are not flexible. Usually, 3 years or more.
It consumes more time and money to begin in a conventional space. For example, it will often be necessary to work to achieve the desired layout and interior design. You are responsible for the costs of the furniture. Homeowners can sometimes be willing to contribute to the costs of a renovation. These office spaces are usually delivered without flooring, furniture, utilities, service fees, and the Internet. The benefit is that a conventional office can be organized entirely according to your wishes.
Rental of office space to a single tenant
Renting a fully furnished office space in Gurgaon to a tenant is the last option. Single-Tenant office space is very similar to a conventional office. The only difference is that you do not rent a floor, but the entire office building! A lease from a single-tenant often has a minimum term of 3 to 5 years. Nowadays, the concept of single-tenant is not the most common and is only suitable for large companies. These often employ more than 500 employees.