Space Value
If you’re in the market for new office space, take someadvice from an expert. Jack Gold, president of Sterling ManagementLLC, a New York City relocation consulting firm, suggests sometips:
*Determine how much space you need. Don’t guess or estimate;mistakes in this area can be extremely expensive.
*Establish a budget both for the space (your rent) and for yourmoving and other relocation expenses.
*When considering a facility, find out what the rentable space isvs. the usable space. The rentable space is what you’ll payfor; the usable space is the functional room you’ll have.Typically, you’ll pay rent for space you can’t really use,including hallways, restrooms, lobbies, elevator shafts andstairwells.
*Find out about the building’s power supply. Older buildingsmay not have adequate electrical power to operate computers, airconditioners and other equipment.
*Ask about building service and access. During what hours areservices provided? Many buildings turn off air conditioners andheaters at night. Will you have late-night or weekend access ifnecessary?
If you’re overwhelmed by the relocation process, considerhiring a consultant. An expert will likely make the process go muchmore smoothly, allowing you to focus on running your company.
If you’re in the market for new office space, take someadvice from an expert. Jack Gold, president of Sterling ManagementLLC, a New York City relocation consulting firm, suggests sometips:
*Determine how much space you need. Don’t guess or estimate;mistakes in this area can be extremely expensive.
*Establish a budget both for the space (your rent) and for yourmoving and other relocation expenses.
*When considering a facility, find out what the rentable space isvs. the usable space. The rentable space is what you’ll payfor; the usable space is the functional room you’ll have.Typically, you’ll pay rent for space you can’t really use,including hallways, restrooms, lobbies, elevator shafts andstairwells.
*Find out about the building’s power supply. Older buildingsmay not have adequate electrical power to operate computers, airconditioners and other equipment.
*Ask about building service and access. During what hours areservices provided? Many buildings turn off air conditioners andheaters at night. Will you have late-night or weekend access ifnecessary?
If you’re overwhelmed by the relocation process, considerhiring a consultant. An expert will likely make the process go muchmore smoothly, allowing you to focus on running your company.
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