How to Find a Cheap Office for Lease in Saigon
Office space is one of the big expenses that a small or growing company incurs. Negotiating a low-cost office rental can save you the cost of the office.
Don’t compromise on the location of the Low-Cost Office
First, you should make sure the office is close enough for your team members to walk even if you pay a little extra for the exact location. In the long run, it will be cheaper because you can keep better employees. Losing key employees can wreak havoc on your business, and it’s not worth it at all. Don’t forget to pay attention to the customer when choosing a location. Is the office building easily accessible? Can they find it easily? Plus, if there are places you want to go to regularly for business purposes like meeting spaces or a bank, then they should be nearby as well.
Consider budgeting closely
If cost is your biggest concern, figure out the number before you start looking for a budget that allows you to operate comfortably. Don’t choose an office that puts your business in debt and stifles its growth.
Account for additional costs for cheap office rentals
There are many costs to pay when renting an office. The additional costs can go up a bit further than you might think if you don’t include them in your original budget. Think about all of them and confirm that they are clearly written in Lease. Don’t just listen to your landlord that some utilities are included for later charging as it is not formally stated in your lease. You also need to know who is responsible for the repairs, either you or your landlord.
Get help from an agent
Getting help from a real estate agent when renting a property is never a bad idea. The process of finding cheap offices for rent in Saigon is often overwhelming for newbies. You are always encouraged to look for an office agent or broker. Ensure that they have local knowledge & relationship and enough large properties network in the area. The whole process is usually a lot easier and you will save a bit of time.
Smaller is better for Cheap Office
Ho Chi Minh City is not an unfamiliar city, but it is already overcrowded. Therefore, having a large office space will cost your company a lot of money and at least it is not necessary. You can still manage well in a small office as long as you minimize your furniture and keep everything in order. Current homeowners are willing to accept small tenants (in former large spaces) divided into smaller tenants. The number of small offices for lease in Saigon is increasing.
Consider the lease term
Sometimes, especially for your first office, your company won’t want to push you on a long-term commitment. You should consider any case, even bad cases like your business folds sell or develops more space. For that reason, you really need to trust where you see your business at the beginning of your rental period.
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