Posted by on October 16, 2018

Leasing an office space is a great way to help your business grow, but finding the right space to lease can be a challenge. One of the best ways to avoid mistakes during the leasing process is to learn from others. With that in mind, we’ve compiled a few of the most common mistakes when leasing an office so you know what to avoid.

Don’t Rush It

Many companies make the mistake of waiting to find an office space until a month or two before they need it. Although doing so may be possible, it’s safer to plan ahead and allow about 6 months (or longer for a large office space) to find a space you love, negotiate the lease, and move in. It’s nice to be in a position where you can hold out for the best space for your needs, within your budget, in a great area.

Don’t Go Over Budget

Before you even begin searching for a space you should have a budget planned out. Make your budget something realistic, not something that will lead to debt before the lease is up. When you’re searching, it may be hard to turn down a great space that’s over budget, but it isn’t worth sacrificing the finances of your company. Your budget should account for electric, phones, and other expenses that come with leasing an office. Don’t choose a space with rent as high as your max budget, as these added costs will put you over that maximum.

Leasing an Office at TradeCenter 128

Conveniently situated along I-95, right on the Burlington, MA line, the offices at TradeCenter 128 are ideal for companies moving offices outside the city. Woburn, MA is an affordable town for both homeowners and business owners, making this an up-and-coming area. Our offices are designed with employees in mind, so there is a smooth transition when moving to the next office.