Save Money. Lease Office Space.

Decided in the spirit of the holidays to offer a favor to a business contact on this blog.

The author of this guest spot is the owner of a furnished office space facility in Pennsylvania.

Thinking about moving to a new office space? Figure out how much space you’ll need! Hopefully you’re moving because your company is growing, in which case about 175-225 square feet per employee is a good figure to go on.

When you buy your own space, there’s no landlord or stipulations to worry about. The freedom to come and go as you please, make additions as you please, and more can be a wonderful one. Not to mention, your costs are fixed by a mortgage, which also gives you a great tax deduction.

Leasing office space allows the flexibility of moving when the situation calls. Renting your own office space has much less initial cost associated with it when compared to buying. You simply pay a set fee per month and most any service you need is rolled into the payment.

It can also cause much less stress on business owners since you don’t have to worry about the everyday management of a building. By leasing, you may also be able to afford somewhere nicer than you thought possible.

Location can help or harm a business. A beautiful building in a high-traffic area can easily drive new customers. The only problem is price - when you’re leasing, the fancier the office, the higher the price and your rent can often go up. So always make sure you read all parts of your contract closely.

Leasing can often be the perfect solution for many businesses looking to move, it’s important to take all the angles into consideration. Most importantly, do your research to figure out which is the best choice for your business!