Deciding between a home office and a Sathorn office for rent (also known as เช่าออฟฟิศสาทร in Thai) isn’t something to be taken lightly, especially for a startup. Even with enough funds for commercial rent, other deciding factors must be considered. After all, there’s more to an office space than just a place to work and do business in.

Business Needs

If you’re running an online shop or providing call-out services, renting an office space may not always be a necessity. You may need storage for inventory, but everything else can happen in a home office.

  • If you need to meet clients or associates frequently, an office provides a suitable place to discuss business, negotiate deals, and the like. A space in a commercial district, outfitted accordingly, creates that formal and professional feel, something even a detached home office can’t deliver.
  • If you have employees, providing the appropriate space can contribute to productivity, team efficiency, morale, and motivation. Such benefits would be hard to achieve if they’re working in a basement or a garage.

Upfront and Ongoing Costs

A key consideration is the cost of renting or maintaining an office. It’s not just a major expense but an ongoing one, which is something you should think about when starting a business.

  • Think long and hard if you need an office space now, or if it’s something you can work towards achieving in the future.
  • Consider its impact on your capital and overheads moving forward. Upfront payment may be three times the normal rental fee. Take into account ongoing expenses, such as maintenance, utilities, and other costs.
  • Determine if having an office has an impact on how your target market will view your business. Does it have a negative or positive effect on consumer perception? If renting an office is guaranteed to bring more business, investing in one will be worth it.

Aesthetics and Presence

If there’s one thing you should know about commercial rentals, it’s that they are built to help with brand image and awareness. If you value both, renting a well-designed office would be to your advantage.

  • People prefer to do business in a facility that has impressive aesthetics, one that gives off that reliable and trustworthy vibe.
  • Your physical office can be a representation of your brand and the products you’re selling. If you offer high-end items or premium services, an office that visually represents them will help you attract the right clientele.

Work-Life Balance

When you run your business from home, it might be difficult to separate the private and professional aspects of your life.

  • Avoid burnout by setting up proper boundaries, preferably a physical one. It’s challenging for a lot of people to separate work from personal life when the home and office are within one property.
  • When home and office aren’t clearly separated, one can bleed into the other, resulting in you spending more time on work than family or vice versa.

Selection Best Practices

If renting an office is the best course of action for you, take a strategic approach in choosing the right property.

  • Choose a location that works best for you, your employees, and clients.
  • Choose a small office while starting, but keep future growth in mind. An office built for scalability will make for an easier transition.
  • Negotiate the terms of the lease agreement, ensuring it can be adjusted according to your business needs.

Office rental has advantages and disadvantages, but if the pros outweigh the cons, it’s definitely worth exploring. If you’re looking for an office to rent in Sathorn, IW Office can help you find the best rental for your business needs.