Skip to main content
We're here with practical information for your business. Learn about business planning, running a business and more.


For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

Five things to consider when choosing your first office space

Finding the perfect first office space can be exciting for micro-businesses and start-ups; but it’s also a challenge. It's not just about location and cost, office space has become a defining factor for successful companies.

Here are our top tips for things to consider when searching for your first office space.

1. The budget

When you begin searching for office space it is essential that you determine upfront what your budget is for monthly rental costs. Start-ups and small businesses are usually seeking to cut costs and stay nimble and may benefit from the flexibility of short-term office leases.

Serviced offices offer the option of a monthly pay-as-you-go short-term lease. A number of utilities and services, such as electricity, water, internet, telephone lines, reception, cleaning and maintenance, are often included. And furniture can be provided as well. This can reduce both the office set-up and on-going costs for start-ups, allowing them to focus on growing core business services without the distractions and costs of maintaining a traditional office space.

2. Lease agreements

For micro-businesses and start-ups, flexible short-term office space lease agreements are a sensible option. You will have the freedom to relocate to an office that best suits the changing needs of your company, as rent is paid on a month-to-month basis.

Micro-businesses are more susceptible financially to changes in the business environment. By opting for a short-term lease agreement, you will be reducing risk during your company’s initial growth period.

3. Break clauses

When searching for your first office space you need to cater for the fact that your business is likely to grow or decline; does the office space that you are considering offer a break clause, or suitable space for future upsizing or downsizing?

It is common for start-ups to experience rapid business growth or even sharp decline. Short-term leases at serviced office spaces generally offer the opportunity of a break clause each month so you can move to a different office if necessary; serviced offices can often provide your business with larger offices on site immediately.

4. Location, location, location

It is important to consider transport connections when it comes to choosing a location for your first office space.

Flexioffices recently completed a study into the distribution of SMEs in London based on their sector. The study found that two of the most popular areas in London for small businesses are SE1 (offering access to commuter stations like Waterloo and London Bridge) and NW1 (close to King's Cross and Euston).

The study demonstrated how micro-business and start-up owners in the capital prioritise accessible commuter locations. Happy commuting equals happy employees and an efficient workforce.

Choosing the right location is also important when it comes to projecting the right image and building your brand. The location of your first office space will inevitably reflect your brand’s image and identity.

5. Collaboration

There are many shared workspace providers that offer the opportunity for start-ups to work alongside other start-ups in spaces that encourage collaboration. These shared workspace providers can help small businesses develop partnerships that stimulate sales. They often have management staff who organise networking events on a regular basis.

There are many factors that you must consider when choosing your first office space; you'll need to do some accurate forecasting, budget planning and risk management and consider all the key issues including length of lease and location.

Sponsored post.

Copyright © 2016 Rory Hope, content editor, FlexiOffices.

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.