- October 18, 2018
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There are lots of wonderful advantages to working from home. For one thing, there’s nobody judging you if you show up to work in your slippers. Above and beyond that, having a home office really gives you the flexibility to create your own schedule and be available to your family. That being said, there are some serious disadvantages too. How do you know when it’s the right time to shift from a home office to commercial office space? Read on to determine what the next best move is for you.
Are You Constantly Distracted?
If constant distractions and interruptions are preventing you from getting your work done in a timely manner, it might be time to start looking for commercial office space. Many people who choose to work from home start out going strong, but the urge to turn on the television, “for just five minutes” can quickly turn into a wasted hour or two that you should have spent working. Family, roommates, and/or friends who frequently stop by can be another impediment to having a home office. While it’s nice to be readily available if you are needed, an onslaught of disturbances can make it that much harder to stay focused on what you need to get done, which will ultimately affect your bottom line.
Are You Running Short on Space?
As your business grows with time, the chances are pretty good that your home office stays the same size. If you are finding yourself consistently searching for storage or your office is beginning to infiltrate the rest of your home, it might be time to upgrade to a commercial office space. Depending on the nature of your business, you may need extra space to store files and paperwork, inventory, or marketing materials. Regardless of what it is that’s creating a clutter, having your office spill out into the rest of your personal life can be extremely distracting, keeping your mind preoccupied so that you might miss out on all of the other great things happening in your home.
Are You Feeling Lonely?
One of the biggest downfalls of working from home is the lack of human interaction. Even if you are in a business that requires you to be on the phone for large increments of time, having no face to face interaction with peers can really put a damper on your mood after a while. This is another time when it might be smart to begin searching for commercial office space that suits your needs. If this is the sole purpose of your upgrade, you might choose to look for shared office space options that will help to keep your costs low, but still give you access to other people. Not only is it good for your overall well-being, but being around others who are in the same boat as you is a great way to come up with new ideas as you talk and collaborate.
Are You Ready to Hire Help?
If your workload is increasing quicker than you can keep up, it might be time to take on some employees. If you are in the position where hiring help is inevitable, it certainly makes sense to start looking for a small commercial office space (as you probably don’t want a whole bunch of other people working out of your home office). An alternative to this option might be to outsource some of your work to other independent companies who can do it in their own space, but you are the only one who can decide which option is right for you.
Are You Financially Prepared?
Making the leap from a home office to a commercial office space is certainly going to affect your budget, so this might be the most important question that you ask yourself. Your commercial space has a whole bunch of associated costs above and beyond just the monthly rent. Talk to a real estate agent who is well informed about the local commercial market and can help you to understand the real-time costs you might be looking at.
Have You Given Yourself Enough Time?
Moving to a commercial office space is not a quick endeavor. In fact, it can take up to six months to secure the right space, negotiate your lease, and make necessary changes to it. Make sure that you allot the right amount of time needed to make your move.
Looking for Commercial Office Space in Baton Rouge or the Surrounding Areas?
If you’ve answered all of the above questions with a resounding yes than it is most likely the right time to start searching for a commercial office space for your growing business. At SVN | Graham, Langlois, & Legendre, LLC, our dedicated team of Advisors is ready to walk you through the process of leasing commercial space from start to finish. We make the transition from home office to commercial office effortless and exciting. Reach out to one of our team members today to start touring available properties!