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How to Determine How Much Office Space Your Company Needs

Whether you’re moving to a new location or opening your first office space, figuring out how much room you need can be tricky. There are a number of factors to consider when deciding how much office space you need, from team size to work culture, and we’re going to explore them now. 

How Big is Your Team?

First and foremost, it’s important to have a space that can physically fit your team in it. So if you have a large team that will be in the office full-time, you’ll need to look for larger office spaces to comfortably accommodate all of your employees. On the other hand, if you have a small team, you can look at cosier, more unorthodox spaces.

Think About What Phase Your Company is In

In the world of business, things are constantly changing. And that includes the growth of your business. So it’s important to consider whether you think things are likely to change for your business and your team size is likely to grow or not. For established businesses, this might not be very likely, but if you are in a growth phase, it might be an idea to go for a more flexible arrangement. 

Serviced offices offer the flexibility to upsize and downsize wherever you need, with short term contracts and multiple options. Often, if you want to upgrade your office space, it wouldn’t even require leaving your current office! 

How Do You Want to Work?

Thinking about the way that you want to work is also key in determining how much space you need for your team. There are standard office space options, or more modern, creative set-ups that require more space. 

It’s safe to say that the bog standard, traditional cubicle style offices utilize space the best. But this also limits your capacity for creativity and team building. So consider what you want out of your workspace – is it simply an office with desks to work at? Or do you want to have things like meeting room facilities, spaces for brainstorming and socializing? Do you want your employees to have the space to collaborate and create? These are important questions to answer when deciding how much space you need. 

Consider Company Culture

You might not think that company culture reflects on the office space that you need, but it’s vital if you want to enhance your employees’ sense of wellbeing. Depending on what your wellbeing policies or ‘work perks’ are, you’ll want to factor that in when you are looking for office space. For example, things like a ping pong table, or bean bags for socializing will require space, so if you opt for a small office space, you won’t be able to offer this to your team. 

Of course, not all perks have to be housed in your office space, but if you want to promote your company culture, it’s likely that you’ll want to invest in some facilities. 

Another thing to consider is whether you want your building to have things like a gym or rooftop terrace for socializing, which offer great amenities to your employees without having to be in your actual office space.