The importance of what you work on is just as important as where you do it. For a startup selecting the best workspace can bring a huge impact on whether the team delivers less than expected or deliver their full potential.

So, how much of a factor is it having a physical workspace?

Although given that your company needs to deal with a lot of things such as accounting, marketing, sales etc. do not disregard the fact that the working space of your employees has a huge impact on their productivity or output.

They spend hours or at least half the time of the day to get those numbers rolling.

With selecting your office layout, choosing an open space or divided by cubicle is neither right nor wrong. it's the secondary factors that have an overall impact. Things such as how ergonomic the working spaces is, how it is lit up, how clean it is, the furniture you put, the artwork you put in it, etc.

These things should help make you think clearly and work in a sense that nothing is distracting or clouding your thoughts

 

 Types of offices and workspaces

 

There's a lot of options when it comes to office working space. Here are some samples of the most common types:

Owned office space - Common for established companies that have a great grasp in creating budgets for their needs. finding it as a vessel of streaming more income.

Leased office - The most common among office types. Businesses that lease office choose it because it's more cost-effective. and it takes less effort to maintain.

Coworking space- The most flexible among the choices as you can adjust it with your budget, time and the type of workers you hire. from contracts to free hires. you name it. These flexible and scalable solutions provide enough working space for the right companies.

Residential space-Not the best for long term solution but can be the best for cost-cutting for start-ups. well, it’s producing income in your own home.

Virtual Office- A combination of residential and owned office space in a sense. Specifically designed for SMEs in which you no longer need a physical office, your choice of working space is up to you if you are connected to the internet.

 

 

5 tips on selecting the best startup workspace.

 

1. Seek opinions.

You can create great decisions with the help of others. Never decide on your own. Everyone who works for you has an opinion on how he/she works with you, and they may give valuable input ranging from floor plan to types of chairs that suit your company well. From there you can base your decision that will not only benefit you but also your valuable employees. 

 

2. Determine business needs

After getting fair amounts of opinion it’s time to start thinking about what you need and not what you want. Dreaming about a top of the class office if you are just starting is not bad if you keep it realistic to your budget.

Create a list of what is mainly needed and double-check for upcoming expenses such as installation, external labour and check if the services around the area are easily accessible.

 

3. Create a budget plan

One of the worst mistakes is overspending for office materials that may cost you your product or service. Along these expenses, you should be able to satisfy the needs and not the wants.

 

If you are a startup and have a minimal budget, consider working on a simple workstation like your garage or even your own living room. If you have cash to spare you can invest in a virtual office or coworking spaces.

 

4. Think how long or short terms may affect business productivity.

If you run an established business, you might be familiar with a long-term lease with two to five years and above. If you are a startup it would be advisable to invest in a shorter period of 6 to 12 months.

 

Virtual or coworking offices are highly suggested as the expenses for these are flexible, by the month and doesn't have long term plans making it highly practical for new businesses.

 

5. Build a company from the ground to the way up.

You'll be planning to stay in an area for months. If all is going well and you decide to further enrich your company's culture, ethics, and values you might want to plan for the long run as well. Think of a plan on how you envision your company in the long run. The office environment you have now will be a determining factor on how your company turns out in the future.

 

A positive and inspiring culture will surely bring the best out of everyone. 

 

Extra tip. Start with the right foot forward

Stick to an allotted budget and determine the wants from the needs. Even if you are starting small, never fret and always put a positive attitude towards every hindrance. never be afraid to start small as no single business succeeded overnight.

 

Start today with Alltel's Virtual office services and start with the right foot forward. Along the way, Alltel is by your side to success.