What To Look for In a Denver Conference Room Rental?

If you need a conference room in Denver to have a meeting with your teams or to make a presentation in front of important business partners and guests and you have recently started your search for the right venue, you are surely overwhelmed by the extraordinary wide range of options to choose from. The best way to make that search easier is to establish the criteria that should guide your quest.

Denver Tech Center office space rental

In demand Denver Tech Center office space rental specialists offer these important factors to consider:

  • Features and equipment – depending on the type of the meeting that you need a room for, your conference room will need to cater for all your special tech needs. Prepare a list with the equipment you need (don’t forget seemingly small things, such as phone and laptop chargers on the table) and choose a conference facility that has them all;
  • The size of the room – you need a room that allows for comfortable seating for everyone in the room;
  • The style and the ambient – get a room with as much natural light as possible and make sure that the artificial light is efficient as well;
  • Services – coffee and snacks are essential for short and long meetings alike. If you are planning an all-day meeting, make sure that there is a catering service available as well.

How Large of An Office Can You Rent?

Denver Tech Center office space rental

If your business is growing and so is the number of your full-time employees, you will soon need an office for your teams to work from. If you have already started looking for the right space, here are some tips on how to calculate the size of a Denver Tech Center office space rental you should consider:

  • Consider legal requirements – while there are no legal requirements that determine the amount of space needed by one person, there are many fire and building safety rules that determine the minimum width of hallways and doorways. It is a good idea to consult those regulations before renting your office;
  • Giving your employees space – ideally, your office should provide at least 125 sq ft of usable space per person. However, the actual size that you need will depend on the actual activities that will be performed in the office as well as upon your storage needs;
  • Account for growth – if you need the office for a longer period, such as for 3 or more years, you are probably planning to continue on the path of growth, which will also mean a growing office team. When you are calculating the space you need, try to plan for that, too;
  • Use an online calculator – there are many online apps that can help you figure out the exact size of the space to rent.

What to Look for in Full-Time Office Space?

Denver Tech Center office space rental

If your business is changing and those changes require you to find a suitable, full-time office space, here are some aspects to consider when weighing available options:

  • The size and the configuration of the space – the most important aspect to consider is the size and the layout of the space you rent. Your office needs to be large enough to accommodate your office staff in a way that ensures maximum productivity. The layout is also important – while some tasks can be performed efficiently even in noisy environments, with other people around talking to each other or on their phones, some tasks need more privacy and your office needs to be suitable for both types of tasks;
  • Location – ideally, your office should be located in an area that is easy to access for your team members as well as for your clients. Central locations are best for tech companies, but the nature of your activities might require a location in a different part of the city;
  • Value for your money – ideally, your office rental fees should include building maintenance, janitorial services, utilities and internet access. Pick a long term Denver Tech Center office space rental that comes with a detailed and completely transparent fee structure, without any hidden costs.

What Are Typical Rate Increases for Office Rental Space?

Denver Tech Center office space rental

When you choose a DTC office space rental, be prepared that there will be lots of tasks involved, including a careful appreciation of the rental contract. The contract will come with lots of terms and conditions, one of the clauses that need your attention being rent escalation, the clause that allows the landlord to increase the rent gradually. Here are some things that you should know about commercial rental rate increase:

  • How rates are expressed – there are several ways to establish Denver Tech Center office space rental rates. Some landlords charge a per square foot rate, others establish a base rate for the entire office or per square foot and add other fees calculated as percentages of the base rate, to mention just two of the most common calculation methods;
  • What your rented area includes – your rental rates will include not only the office space that you use, but proportional parts of the staircase, of the elevator and of other public parts of the building as well as a part of the cleaning and maintenance fees. How much you will actually pay for your rental will also be determined by changes in these rates as well;
  • Fixed escalations – most lease contracts include clauses related to fixed, usually yearly increases, expressed either as a fixed amount or as a percentage of the rent amount.

Do Startup Companies Need Office Space?

Yes, they do, but in choosing the right office space you must take into account the type of business and work environment that the company pursues. For each option, there is a dynamic solution.

The office layout must support the requirements of the start-up business. Tech or creative start-ups generally use open spaces, in order to promote an atmosphere in which ideas grow through collaboration and there is synergy between all the roles occupied in the company. Open spaces have a modern look, and can improve operational communication as well as the relations between employees.

Denver Tech Center office space rental

Instead, start-ups focused on consulting services prefer traditional, intimate spaces, with a more obvious delimitation of the areas, and in which meetings with clients can take place behind closed doors, for more confidentiality.

But the options startup companies have, in terms of office space, do not end here.

Shared Denver Tech Center office space rental options, where different companies work together in the same office, can also be good solutions for start-uppers. For a start-up model that does not require a large workspace or storage space, does not have many employees and resources and does not plan to expand immediately, such a working environment may be the most suitable.

 

What Does it Cost to Rent an Office?

Most businesses have gone through this dilemma: buying office space or renting one. Rising property prices, the insecure economy and other factors may be the reasons for this dilemma.

What are the advantages of finding an affordable Denver Tech Center office space rental?

One of the main advantages of renting office space is that you can change the location of your business at any time. There is nothing permanent when it comes to rented office space.

There is also a difference between owning a building and renting it. When you own a building, you are solely responsible for its maintenance. On the other hand, being a tenant will save you a lot of time and you can focus on running the business without wasting time with building management issues.

Denver Tech Center office space rental

As for costs, a Denver Tech Center office space rental offers short- and medium-term financial benefits. First of all, you do not have to invest the company’s capital in purchasing a property for setting up an office. You must pay a security deposit and a monthly rent; but the rent you pay will never come close to how much you would spend if you wanted to purchase a space. This is a good way to grow your business, because you can save money that you can invest in equipment, for example.

In the United States, the average cost for office space is between $8- $23/ sq. ft., but the price will vary according to the location and the size of the space.

 

Is A Temporary Office Space the Right Move?

Temporary office space solutions are in increasing demand with the growing numbers of freelancers, telecommuters, start-ups and other businesses that do not need a permanent office space. These modern office options are nothing like the traditional setting that involves either a small cubicle used by the office worker every day, during regular office hours, from 9 to 5 or a larger space.

Denver tech center office space rental

What makes temporary offices so different (and so great) is the flexibility – these spaces can be booked when needed and only for the time needed. If you are currently considering a temporary Denver Tech Center office space rental, here are some aspects that can help you decide whether the solution is right for you:

  • If you have outgrown your home office – if the corner desk in the living room is no longer enough, getting a temporary office located close to your home will give you the professional space you need to stay efficient;
  • If you need a distraction-free environment, but you don’t need it all the time – temporary offices can be rented for the amount of time needed, therefore they work great for anyone who needs an office only every now and then;
  • If you need a place for staff meetings – if your teams work from home, but you also need a place to meet them, a temporary office can provide the location to conduct those meetings efficiently.

Can I Rent Office Space by the Hour?

The very high prices on the real estate market and the lack of parking spaces are often an ordeal for an entrepreneur. Fortunately, nowadays, all those who want to have discreet and efficient meetings with their clients, whether it is for a contract, staff recruitment etc., there are businesses specialized in renting different types of office spaces, to meet various professional and financial needs.

professional in Denver Tech Center office space rental

Accountants, programmers and consultants are among the professionals who can work smoothly even in unconventional spaces, and renting Denver Tech Center office space by the hour is an option that many choose nowadays. Yes, this option is viable, and it can help many business owners to save money without making compromises that may affect the quality of their activity.  This category of office spaces that can be rented by the hour often includes co-working and other flexible office spaces.

Do you need a professional Denver Tech Center office space rental for a limited time? Do you want a place where you can hold your business meeting or complete your presentation to a client? At the same time, are you looking for all the benefits of a private office?

With the option of renting office space by the hour you now have much more flexibility and you will not have to worry about spending too much money on an office you do not use full time.

Alternatives To Shared Workspace Rental

Shared workspace rental market is booming. The number of hubs is growing every year, with freelancers opting for such offices not only for their premium facilities and services, but also for access to a community of entrepreneurs from various fields who can become collaborators for business development, especially in the case of start-ups. The shared workspace concept is a phenomenon that has spread globally. People opt for work spaces that inspire them, support collaboration opportunities, and allow them to move on from traditional offices.

Denver Tech Center office space rental

The expansion has been influenced by the development of the IT&C industry, the need for spaces for creative people to meet and collaborate and especially the preference of new generations to alternative professions, which no longer depend on a stable workspace nor require a fix program.

Alternatives to shared workspace rental include any flexible workspace. Many freelancers work from cafes or even from home, to avoid the extra expense of renting a space, at least as long as it is not absolutely necessary. Additionally, even those who are already employed admit preferring more flexible options such as business lounge options, when they are not required to work from their company’s headquarters.

More and more managers are also realizing that employees who work remotely can bring significant savings for the company, and the use of a flexible Denver Tech Center office space rental would reduce the annual office management costs.