Title: How to Buy or Rent Office Space for Your Business? (1)
1- How to Buy or Rent Office Space for Your
Business?
2Content
- Introduction
- Buying a Commercial Office Space
- Renting an Office Space
- Contact Details
3Introduction
What is the number of staff you will be
working with? What is the capital investment you
are ready to make? All these questions will help
you decide whether you need to lease or buy a
space.
What is the number of staff you will be
working with? What is the capital investment you
are ready to make? All these questions will help
you decide whether you need to lease or buy a
space.
- Whether it is buying a property or getting
a commercial property for rent in Navi Mumbai,
one needs to understand the needs and want of
what is required to get work done. - What are the goals you would like to achieve
through buying or leasing an office? Getting an
office space has its challenges. - First and foremost, you need to understand
whether you need an office space, if yes, what is
the size of the office space that is required. - What is the number of staff you will be
working with? What is the capital investment you
are ready to make? All these questions will help
you decide whether you need to lease or buy a
space.
4Buying a Commercial Office Space
he overall maintenance of the property falls on
you.
- Pros
- The office space when purchased can be
considered as a valuable business asset. The
purchase also turns out in your favour as it is a
long-term business investment. - As a landlord, you can gain revenues from
subletting the property. - You become the master of your own space and hence
have absolute control over your own property. - Cos
- With the property bubble bursting, there is
always a chance that the property value might
depreciate rather than appreciating. - The capital investment in the initial stages is
very high - The overall maintenance of the property falls on
you.
5Renting an Office Space
- Pros
- Leasing a property works out very efficient as
the costs are lower and you only pay a stipulated
fee for space. - Leasing a property proves convenient as one can
easily change spaces based on requirement and in
different geographical regions. - The tenant of a commercial property need not
worry about the maintenance and upkeep of the
property. - Cos
- Renting a property means having very little
control over the property. You cannot alter the
property without the landlords consent. - Leases keep one changing from time to time. So,
you need to be prepared to vacate from time to
time based on the instructions of the landlord. - You may not get all the requirements you desire
for an office. Also, the changes in low rent
negotiation aredifficult.
6Contact Details
- Website http//www.wegrowgroup.in/
- Address 8th Floor, Proxima (Arunachal Bhavan),
- No.19, Sector 30A, Vashi,
Navi Mumbai, - Maharashtra 400703
- Phone 9372049491
- Email Id socialwegrow_at_gmail.com