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Renting: a flexible solution for start-ups

For many start-ups, moving into an office away from the spare room may seem like an unaffordable luxury and for those that can, investing hard-earned cash in bricks and mortar is still a bit risky in the current climate.
There is a flexible solution, with options available to suit any type of business and budget: Renting. Delivering the type of dream work spaces which you may have thought were out of your reach, or simply providing a low-cost option when you need to get out of the house, there is an office space out there to suit your needs.

Singe desks, entire floors, a few rooms or whole building’s are available. For those of you looking for an instant set-up, including desks, computer equipment, all the fixtures and fittings, plus a receptionist to greet your guests, then serviced offices are a great option. Everything is included the price (even the cleaning at the end of the day) so you really can pick up the keys and get going straight away. Perfect for making a good impression, this type of renting allows you to hit the ground running without investing too much money. And, with short and long-term lets available, it’s easy to walk away should situations change.

For more diminutive operations, you really can just rent a desk. Many larger organisations now lease out space they’re not using, meaning they get a bit of extra cash and you get the option to take the first steps to leaving the spare bedroom. Even if you don’t need it all the time, renting a desk every now and then could prove invaluable if you need space to think, or a place to meet clients which looks a bit more professional.

Many towns and cities offer business ‘hubs’ with lots of smaller businesses occupying single desks or a few rooms in one building. This can prove very cost-effective as well as beneficial to your business – if you set up shop next to like-minded companies, you may end-up being able to enhance your own offering and pick up new customers. If you’re a creative start-up then working alongside fellow artistes might just prove inspirational.

There are also ways to find your perfect office space to suit every budget. Commercial property agents are probably best if you need something a bit bigger and will help steer you towards workspace that specifically meets your requirements. If you want to do it yourself, then the Internet’s a great place to start, with sites such as Office Space Genie allowing would-be renters to seek out their perfect working environment.

If buying is your ultimate goal, then don’t discount renting first – trying before you buy will allow you to make a more informed decision when you do decide to claim your stake in the business property market.

Jessica Lowe writes on behalf of Office Genie, the one-stop-shop for cost-effective office space renting options, throughout the UK.

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