Finding Workable Spaces for Small Businesses
What kind of office space is right for your business?
By Leslie Libeskind
If your small business isn’t housed in your personal residence, then chances are you’ve considered one of three office space alternatives: buying a building and land to use as office space; securing “straight space” by signing a lease with a landlord and renting space in which to conduct your business; or securing space in an office center.
For most small business owners, the first option is dismissed out of hand because there’s not enough capital, need, or certainty in making a purchase of that size. Securing straight space is fairly common, but there are some drawbacks, especially for less-established businesses. For example…
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