Business location can play a role in your startup’s growth. When choosing one, you need
to be as systematic and realistic as you can be. To help you finding your office space location,
here are seven things you should consider when choosing a location:
You need to consider who your audience is and how close or far away they
are from your business. If your business is in retail, for example, you need to be closer to your
It helps to know if your employees can travel easily to the office, so there
should ideally be numerous transport terminals near your business. You should also make sure
that there are convenient parking spaces for your employees.
3. Proximity to other businesses
You can look at this from two ways. First, nearby businesses
can generate traffic where their customers can be yours as well. Second, employees can enjoy
nearby restaurants and stores, enriching quality as a workplace.
4. Foot traffic
If you value privacy or confidentiality for your business, choose a location far
from high-traffic areas.
5. Nearby competition
This can give your company a competitive advantage over other
6. Building infrastructure
Your new office should have all the equipment that you’ll need for
your day-to-day operations. This includes proper lighting, air conditioning, and
telecommunications or Internet access.
If you consider these factors when choosing a location, you can achieve a workspace that will
support your startup’s growth.