Are you planning to lease an office space in the Montreal area?

Choosing the right office space for your business is crucial to the success of a business. While the location matters a great deal when choosing office space, there are other important factors to consider.

It’s no secret that when you want to be efficient and attract quality staff, you have to be well located and offer a unifying working environment that promotes a sense of belonging. The location of a business should be easily accessible to both customers and employees. Few employees will agree to travel a long distance to get to work, especially if they live in an urban centre like Montreal. Also make sure that the space layout is optimal. This will allow you to take full advantage of the available space and avoid paying for unusable square feet.

Also, make sure that you have a possibility of expansion. The cycle of a company is not fixed, it evolves with the rest of the market and according to the industry to which it is attached. You have to try to anticipate the evolution it might have before choosing a space. An accounting firm could, for example, see its space requirements grow based on new contracts and personnel requirements. Consequently, it will need to have sufficient space to anticipate its enlargement. Thinking about these kinds of details can save a business from having to make multiple moves into larger spaces, which ultimately saves considerable financial resources.

Revise the lease terms carefully and do not sign any lease offered to you, even if the space seems ideal. Make sure that the terms of the lease have been reviewed by your real estate broker and by your lawyer.

Occupation permit

Consider obtaining an occupancy permit in accordance with your business activity. The space you are about to lease may not be up to the standards of your municipality. You may then be unable to open your business at this specific location. Ask your municipality for all the information before committing.

As you can see, leasing the appropriate office space depends on several factors. At Trillion, we draw on our expertise and experience to advise you well and we support you throughout the process.

If you plan to lease an office space or renew your lease in the coming months, contact us and we will be happy to assist you throughout the process.

Choosing the right office space for your business is crucial to the success of a business. While the location matters a great deal when choosing office space, there are other important factors to consider.

It’s no secret that when you want to be efficient and attract quality staff, you have to be well located and offer a unifying working environment that promotes a sense of belonging. The location of a business should be easily accessible to both customers and employees. Few employees will agree to travel a long distance to get to work, especially if they live in an urban centre like Montreal. Also make sure that the space layout is optimal. This will allow you to take full advantage of the available space and avoid paying for unusable square feet.

Also, make sure that you have a possibility of expansion. The cycle of a company is not fixed, it evolves with the rest of the market and according to the industry to which it is attached. You have to try to anticipate the evolution it might have before choosing a space. An accounting firm could, for example, see its space requirements grow based on new contracts and personnel requirements. Consequently, it will need to have sufficient space to anticipate its enlargement. Thinking about these kinds of details can save a business from having to make multiple moves into larger spaces, which ultimately saves considerable financial resources.

Revise the lease terms carefully and do not sign any lease offered to you, even if the space seems ideal. Make sure that the terms of the lease have been reviewed by your real estate broker and by your lawyer.

Occupation permit

Consider obtaining an occupancy permit in accordance with your business activity. The space you are about to lease may not be up to the standards of your municipality. You may then be unable to open your business at this specific location. Ask your municipality for all the information before committing.

As you can see, leasing the appropriate office space depends on several factors. At Trillion, we draw on our expertise and experience to advise you well and we support you throughout the process.

If you plan to lease an office space or renew your lease in the coming months, contact us and we will be happy to assist you throughout the process.

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