Tuesday 30 November 2010

Watch London light up this Christmas from the view of your London office space

Making sure your office space is in the perfect location is paramount to success in today's challenging economic climate. Staying ahead of competitors could be achieved through finding you one of London's best office locations. 

London Christmas lights make the capital's streets come alive during the bleak months of winter. With many spectacular colourful displays being setup all over London, now is a great time to enjoy the spirit of Christmas through the view of your London commercial office space.

The switching on of lights in Regent street and Oxford Street in London’s West End have become a grand annual occasion, drawing in crowds in their thousands each evening.  . Rented office space and commercial offices are available at both of these locations and having such an influx of people on your doorstep can only add to your business. Bond Street and Marylebone Christmas lights are being lit in free events, guaranteeing festive fun for visitors to the premier shopping district of London.  

The cosmopolitan city of London, with its vibrant and fast moving pace has made it a dominant force in world business. Easy access to all the central business districts with the vastly dispersed underground tube system, reliable London buses and taxis on all routes, make networking and meeting potential clients easy.
For top quality luxury offices, prices range between £25.00 and £92.00 per square foot. Office spaces are available in all areas across London including; Knightsbridge and Belgravia, Canary Wharf and all the listed locations for Christmas lights, to name just a few. Luxury London office space properties come available with newly refurbished, high quality staffed reception areas. Office rental space includes; air conditioning, raised access flooring, suspended ceilings, parking facilities, passenger lifts and toilets. 

More economical commercial space options are available in London. Rental prices for a less flamboyant budget start from a mere £17.50 per square foot (per annum). These office spaces usually come with scenic views across central London.   

An office space is not just four walls; it holds a great deal of importance. It can provide staff with the most efficient working environment, which is essential. It can improve staff satisfaction and contentment. The location has a positive impact on business productivity and revenue. 

Other features which may attract you to England's capital are the social opportunities for outside office hours. London holds residence to world famous exclusive Michelin-starred restaurants, with many top celebrity chefs also having delicious restaurants in the area. Specialist boutiques and quirky markets as well as all your high street brands are available when shopping. Trendy bars and the fabulous musicals on in the West End, should keep you busy once you've finished work.

London may not be the cheapest place to setup your business headquarters, but it offers amazing facilities allowing your business to thrive. Other companies who went ahead starting up in London's central business district will agree that London offices provide the best foundation for a successful future.  

Tired of your London Office space – make 2010 the last Christmas there?

The environment we work in is incredibly important, research has shown that certain things which may seem trivial, such as lighting, noise, temperature, and location of an office space has a huge impact on productivity and revenue.

So how important is your office space? And is it entirely important for staff to have a pleasing work environment with the upcoming season of good will? The answer is quite simple; many studies have shown that certain work environments are more conducive to productivity than others and the occasional relocation helps to boost office fervour; this is also directly affected by the genre of work being done. London is renowned for its title as a major business district, as well as being a pivotal point in the financial, political and cultural centre.

 It seems like a smart idea to base your office space in London with over 12 million people in the Greater London area, it remains the heart of worldwide business and travel. With 5 international airports, millions visit the city and it’s said that over 300 languages are spoken everyday within the capital .If already situated in London and wanting a change of scenery, the vast area of London has no shortages in different office locations. The London commercial property market is thriving with existing prominent areas as well as new arising properties, critically acclaimed areas include Covent Garden Office Space, Westminster, and the London Bridge area.

In the spectrum of London’s commercial space lie prestigious areas such as Clerkenwell and Farrington in the heart of the city with very reasonably priced offices, starting at a mere £17.00 per square foot (per annum) and ranging to £35.00, they prove ideal if opting for a less expensive central office space. Locating an office space in the central area of London has tremendous benefits, accessibility is vital for a company to prosper and London’s underground system stretches across every corner of the city along with an efficient network of buses and taxis on standby. Having good communications is a must, and an office space in London immediately gives a huge platform for networking.

Maintaining a fresh vibrant environment for employees is essential and many find that a new location comes hand in hand with a new positive energy for employees, so if considering locating somewhere new this Christmas it is worth doing your market research. Studies have shown that different areas work best relative to the type of work carried out within the office space. The West End includes prominent areas such as Kings Cross, Mayfair and Soho. In these areas office rental prices vary from £15.00 per square foot, to £90.00, this range is due to the array of different office spaces, many bounded by a highly cultured area, authentic buildings and a vibrant atmosphere.

For those contemplating a move - the list of London office space locations goes on; with areas such as Canary Wharf presenting offices in the Harbour Exchange and Canada Square, and Waterloo Place in Leicester Square. Office rental in Soho starts from £25.00 per square foot (per annum), offices here come in many forms, from basic economical spaces, to top quality newly refurbished office spaces. When concluding it is fair to say that making an effort to ensure the work environment is as comfortable and conducive to productivity is time well spent on the part of an employer. Location sets the backdrop of the work environment and has a strong impact on the employees and the company’s result.

North vs. South London – Where is the best commercial office rental?

So you’ve decided to move into a commercial office space in London, but you’re not sure which area to move into. The North vs. South divide is ripe throughout Londoners not just in regards to geographical locations, but in culture, heritage and taste. 

Many who have either moved to London or have always lived there are extremely territorial and protective about their respective areas in which they live. Making the move to a London office space is a big decision and so you have the right to be 100% happy about the space you are letting.
When thinking about the needs of your new office space the obvious criteria rest on the best; transport, property prices, and location. You may also be thinking about being close to park spaces and entertaining cultural areas to keep your clients and staff happy. 

Transport
The North of London is covered by the London Underground Tube system. The majority of rental spaces in the North can be easily reached on the tube and are within walking distance from each station. London prides itself on its transport system and even when renovation work is being done on the tube (which happens quite often) there is always a replacement bus service ready to take you near to  your office.
The South is only marginally covered by the tube, however instead it runs on buses and suburban train systems which provide, according to some, a more pleasant experience allowing for fresh air and views.
When it comes to driving to your London office space, if your rental property is in central London (which is almost entirely in the North of the river) you would be likely to incur a congestion charge. In addition to this, parking spaces are like gold dust and most London office spaces that have parking usually have to charge extra for the service. 

Prices
Traditionally house prices in the North are higher than the South but the reality today is that you usually get more for your money in the South . Obviously the size of the office space you desire is going to dramatically change the price of the rental so you need to decide on this before you start looking at prices.
Many areas in South London are extremely ‘up and coming’ and so grabbing them now whilst they are at a lower price makes great business sense to help with the cost of renting your office space.

Location
London is a vibrant cultural city and whether you are North or South you are never far away from a good pub, bar or restaurant to keep your clients happy. Specific areas go in and out of fashion quickly, so long-term plans need to focus on your office needs and property specifications to ensure you stay happy in your new office.  For parks and scenery the highlights in the North include Primrose Hill and Hampstead Heath, in the South you have Wimbledon and Clapham Common.
So to be diplomatic the answer is, you decide! 

Transform your London office space just in time for party season!

Transform your London office space just in time for party season!

It’s got to that time of year again. There’s a buzz sweeping through the office, the women are comparing outfits and make-up, the men are boasting about who they managed to pull last year and the manager is trying to budget the cheapest possible venue and food without looking like a cheapskate. Yes, it’s the London office Christmas party.  

For some it’s the highlight on the working calendar, but for others it’s avoid-at-all-costs annual event. So make sure yours is not the latter by transforming your London office space!

The old scenario…

There’s a week to go and the office is getting gingerly decorated with recycled 70’s style cheap streamers and paper-chains that would be more fitting in an inner-city social club from the era. The sad looking tree in the corner is over dressed with a mish-mash of anorexic tinsel and faded ball -balls.

To top it off, your boss has taken to wearing novelty ties and marches jollily round the office demanding for everyone to “get into the spirit”. Your ‘secret Santa’ gift is another unimaginative Boots own 3 for 2 offer and you are dreading that under-the-mistletoe moment with the manager later.  

So what can you do?     

To avoid your London office space looking and feeling like any of the above start with thinking about the location. Is your office in a run-down area of London where people are afraid to leave their cars at night? If the answer is yes, you should start thinking about letting a more desirable property in London, somewhere you would be proud to hold a party!

Decorate, decorate, decorate! Throw out those old embarrassing decorations, the key is for your office space to match your branding; image is everything after all. Fake trees are a big no-no today, so invest in a real tree and go green by re-planting it so you can use it next year!

For gift ideas, think outside of the box, get everyone in the office to write down their three favourite things and then you can be more imaginative. If everyone in the London office is buying the same present, it doesn’t make for an exciting Christmas.

Novelty ties and jumpers are the cringe kitsch of Christmas. Instead, you could have a specific day where everyone in the office dresses up and really goes for it! You could turn the office space into a grotto just for the day, so that no other office time and space is wasted on Christmas. Then have the office party that evening before everyone breaks for Christmas.
If you’re not from London, why don’t you consider a rental of a property just for the evening? Bring your staff down to the ultimate party city to take your office Christmas party out of the office!

Unfortunately there is no trick for avoiding the under-the-mistletoe moment, unless you ban mistletoe from the office altogether! 

Just have some fun!

Thursday 18 November 2010

Where To Find Your London Office Space?

London is renowned for being a vivacious and culturally diverse capital and is one of the most iconic cities in the world. The UK’s capital has an immaculate status in regards to its business and financial sector and provides a great foundation for companies when locating a multi -purpose serving office location.

It may seem like a daunting task when attempting to find the best London office rental space; which not only secures the best market, but is also equally economical, and possesses the best possible infrastructural environment. Not only does the office location have to be suitable in terms of satisfaction from the staff, it must essentially serve as a primary base for revenue and a flourishing business. 

London offices can be found in a vast range of locations with equivocal benefits, ultimately when deciding the best area to situate, personal preference and specific business objective plays a vital role. There are many prestigious London office locations, in the heart of the city there are locations such as Clerkenwell and Farrington with very reasonably priced offices starting at £17.00 per square foot (per annum) and ranging to £35.00, offices such as this prove ideal when opting for less expenditure. 

Locating your office in the City of London most certainly has immense advantages in the form of accessibility. London’s underground system covers every corner of the City; there is also a strong network of buses and taxis covering every possible route. Communications is undeniably efficient giving business the upper hand and huge potential for networking.

The West End displays an enormous spectrum of London office spaces, in prominent areas such as Victoria, and Euston; Kings Cross, many of which lie on or around King’s Cross Road. This means communications are effortless with the nearby junction of Pentonville Road and Grays Inn Road, as well as the Vibrant Kings Cross station. The highly cultured area with its interesting period features and authentic buildings demonstrates a great location for tourists and potential clientele and possesses mixed residential and commercial developments. London’s West End Offices vary from £15.00 per square foot, to £90.00 for the luxury, top quality office spaces. Features include; air conditioning, raised access flooring, suspended ceilings and other benefits determined by the specific office space. The space is also variable as the majority of offices are arranged in a configuration which is changeable to provide intimate, and more open plan office space if need be.

Canary Wharf is one of the world’s most recognized business districts. This location is home of the country’s premier Canary Wharf office spaces and tallest buildings. It is needless to say such a prestigious area of London Office’s acts as a prime location for office rental, a basic and economical office here begins at £17.50 per square foot, considerably cheap for such a high status area. Again, London’s superb transport system covers this area with Canary Wharf station, which has increasingly become one of the busiest stations on the network, serving the ever-expanding Canary Wharf business district.

Location is pivotal to a company’s success, London contains a vibrant array of quality office spaces, and its prestigious locations are among the keys to the city’s success and status as a prime location for businesses.

Only The Best: The Benefits Of Leasing An Office In London

There are many cities in the UK where an office rental would improve sales, productivity or popularity, but only one where your business can truly grow. Whether your business wants to branch out, expand, reinvent or start up; London is the best place to do that.

The UK’s largest and busiest city, London is the perfect place for you and your business to take that next step. Whether you want upmarket cool or intellectual bustle, North or South, there is an area for your business, with endless opportunities to rent commercial office space in the city. 

By creating a base for your business in London, you are opening up a whole new world of prospects. A vibrant, diverse, exciting and productive city, London has an abundance of empty commercial office space waiting for new and existing businesses to make their mark on the capital. 

If you want the busy, thriving 24-hour city then central London is for you. The epicentre for all things financial, nearly half of the capital’s businesses call it their home. The world’s biggest banks have offices here with the focus on investment and insurance. Also home to some of the biggest fashion houses in the world it is the place to be regarding fashion and new media.      
                                                                        
Office space here will give you the most for your money and your business will be surrounded by some of the most influential competitors in the country. Commercial office space for rental here is a major find and something special to hold onto once found, with potential views of some of the greenest inner city parks in the world. Hyde Park and Regent’s Park would provide stunning lush views from an office window when London can sometimes feel like a huge grey mass of metropolis around you.

If manufacture and logistics are your business then North of London is for you. Home to all things industrial and with excellent transport links provided by two of the city’s biggest airports and under and over ground railways. Office space prices are extremely competitive in this region and would make an important base for your business in the capital.

The South is dominated, again, by financial and business districts. With many multi-national companies having a base here, over 130 languages are spoken in this area alone. Commercial office space for rent is also very reasonable here, with the opportunity for a prestigious London address, without the cost. The city centre is only a 15-minute train ride away, with London’s biggest airport, Heathrow within driving distance.

To the East lie Canary Wharf and the new Olympic Games developments. Considered the most exciting area of London at the moment, Canary wharf office space rental opportunities are popular with new businesses. One of the most progressive and modern areas of London, the East is home to many fashion designers, architects, digital media companies and galleries. Along with the world famous financial district that is dominated by Canary Wharf, the area offers some of the best office spaces for rent in London.

 And finally to the West where there lies an exciting mix of all sorts of business. Many of the world’s biggest IT software companies are based here such as Apple and Sony Ericsson along with many food processing companies, major global brands such as L’Oreal and Coca-Cola along with the new Wembley Stadium. Heathrow is minutes away as the UK’s key motorways run through and around the area, such as the M4 and M1. With the price of commercial office space here around the same as outer London dwellings, meaning all of the quality for the littlest of prices.

 But wherever you decide to locate in London, every office is within walking distance of great bars, cafes, shops and restaurants. Not to mention great transport links, fabulous views and a world of opportunity awaiting you and your business.

London Commercial Property Agent Fees - Why Paying These Fees Ends Up As An Investment For Your Company

Starting a new business or looking for alternative office space can be difficult, especially if the area intended is in unfamiliar territory. 

In areas such as London spending time searching independently could be time consuming and also costly, that’s why appointing a specialist agent is highly recommended.

Although some people might think that appointing an agent who specialises in commercial office space could be expensive, it could actually be the smartest ways to financially kick start your business.

London is one of the busiest capital cities in the world so starting a new business or relocating in the city could be quite difficult without the help of people in the know, who work for you rather than the landlords, avoiding conflicts of interest.

There are many ways that you can find a new office space, either as an investor, a tenant of owner occupier. Whichever is most suited to your business, finding the best price not only on initial outlay but as a long-term financial outgoing is crucial to help business.

With most commercial estate agents in London, paying a fee to find the best premises is considered the norm, but instead of seeing this as financial burden, it could actually be a good investment for your business.

An independent agent will charge a set fee to find the best property for you and by working for you rather than the landlord, your interests as a client and business are put first before anything else.

By using a specialist there are more options for availability and choice of properties as well as having access to properties that are not currently on the market. In addition to this negotiations can be done by the agent rather than you as the investor, leaving you more time to concentrate on your business.

By having a tailored approach to the client, finding the perfect office space through an agent acting on your behalf could be easiest decision you will make over the lifetime of the business.

Although paying an initial fee may seem expensive, what you get in return could be priceless. For example if you are working independently to find the right office space, you could pay more over a 3 year period than if the rent or price was negotiated by the agent.  A seller or landlord could take advantage of you as an independent buyer whereas an agent has much more authority in haggling with the landlord to get the price.

By paying an initial sum to an agent for example a set fee of £5000, you could save more than £20,000 on regular payments over the course of three years, making it far more lucrative to invest in an agency in the first place.

Having in-depth knowledge of the city finding a hidden gem in-between the expensive sky-scrapers could be ideal for anyone looking for an inner city location at a price associated with the outskirts. But the only way to find the hidden treasures is by leaving it to the experts.

So it is clear that by paying an initial London commercial estate agents fee you could save thousands in the long-run, giving you piece of mind and putting you in the best position to keep business booming.

Average Rents Of Office Space For Central London


The range of commercial office space for rental in London is vast, ranging from basic second-hand properties needing decoration to new, top quality spaces that are newly refurbished with air conditioning. With the average price for a basic office space (per square foot, per annum) available for as little as £15.00 the possibilities are endless. Those looking for a more ready-to-go space where a business could move right in are available for up to £92.50 (per square foot, per annum), with some spaces for a mere £25.00 in trendy, sought-after areas of London, that are key to a successful business in the city.

For the best basic office space in London for under £20.00 (per square foot, per annum) consider Hammersmith, one of West London’s key transport hubs or travel to the East to Southwark, Waterloo and London Bridge, all with beautiful views of the River Thames. Southwark is one of the oldest parts of Central London with views of the River Thames to the North and connections to London Bridge and Waterloo. 
Waterloo is home to the Waterloo Quarter, a business improvement district perfect for new businesses starting out looking for cheap commercial office space with great links to the rest of London.

For commercial office spaces in London, where the price is reasonable for the quality of the space provided (including air-conditioning), Knightsbridge is ideal. Exclusive and sought after in much the same way as Chelsea and Mayfair, Knightsbridge is noted as one of the international centres for retail in London. With Harrods, Harvey Nichols and Hyde Park nearby, office space for rental in the area is competitively priced on average around £30.00-£40.00 (per square foot, per annum).

Holborn and Bloomsbury’s district is in a similar mid-range price bracket for average office spaces in the area. Bloomsbury is populated with world renowned literary and academic associations and therefore office space in the area is very popular with a range of businesses. Mid-range office spaces for rental are available for under £50.00 (per square foot, per annum) with top quality commercial spaces available for rental for only £55.00.

For top quality office space that is set up and ready for a new business but that is also cheap; Clerkenwell, Farringdon and Old Street are perfect.  Located to the East, Clerkenwell and Farringdon are favourites with media types and those looking for great office locations in an area that is trendy and cool, without being obviously so. With low prices of £25.00-£35.00 (per square foot, per annum), opportunity for office space rental is in high demand due to the quality of the area and its reputation. 

Mayfair and St. James, in the City Of Westminster, has the most expensive overall office spaces available to businesses in London. The most fashionable and exclusive district in London, Mayfair is the premiere place for businesses to set up or expand. With unrivalled architecture and location in the very heart of London, only the best will do in Mayfair. Prices range from £35.00 for basic properties (per square foot, per annum) up to £92.50 for the best quality new and refurbished office spaces in London.

Growth in London office rental – A look at the booming London office market

With the current state of the very challenging economic climate it is essential for business’s to make the right moves, many consider location to be the make or break of  a company’s success rates. London’s office space proves to contain some of the country’s best office locations flourishing with business opportunity, and may just provide the solution to this problem.

London offices can be obtained in a range of locations; from established corporate areas, to the stylish tourist attracting suburbs. London is one of the world's biggest centres of finance and serves the perfect place for the business traveller. As well as this London works as an ideal social scene with world famous exclusive Michelin-starred restaurants such as L'Atelier de Joel Robuchon. London is full of specialist boutiques, quirky markets and world renowned stores; from The Beatles Store to Harrods, there is never a shortage of things to do in London. 

It is undoubtedly apparent that situating in the prominent position of London’s city comes with a great deal of advantages, the vibrant and fast moving pace of London serves an ideal location for London office rental. Easy access is supplied to the central business districts with the vastly dispersed underground system, London buses, and taxis on all routes. Communications therefore could not be any more efficient for potential clientele and are ideal for networking.

The London office market has grown a significant amount in the past 5 years with an increase in demand for London’s commercial space.  This is due to an advanced communications and information technology infrastructure and a supreme concentration of professional services The London office market is facing a bright future as a number of reports reflect positive outlooks for 2011 and the upcoming years.

Such office space locations include eminent areas such as Covent Garden, and Kings Cross, where the office spaces are surrounded by everything the city of London is renowned for. Rental prices for basic, economical locations such as this start from a mere £17.50 per square foot (per annum). Similarly priced locations include Knightsbridge and Victoria; with newly refurbished commercial office space which provides scenic views across Central London.

For the most luxury and top quality offices, prices range between £25.00 and £92.00 per square foot. Office spaces such as these come available with newly refurbished, high quality staffed reception areas. As well as this the London office rental space includes; comfort cooling and air conditioning, raised access flooring, suspended ceilings, parking facilities, passenger lifts and toilets. Many of the office locations including; Knightsbridge and Belgravia, Canary Wharf, and Marylebone, are on very flexible lease terms.

The physical environment in which you or your company works holds a great deal of importance. Providing an adequate environment for a workforce is essential; as well as improving staff satisfaction and contentment, office location can have an immense impact on business productivity and revenue, at the heart of the world’s commercial markets it is unquestionable that London offices provide a great foundation for a successful future.

Wednesday 27 October 2010

In the Loop: What You Should Know About Leasing an Office Space in London

Before leasing an office space in London, there are certain things to take into account before you begin to negotiate price and terms. Size, location, standard of rental and of course price, are all important factors in finding and choosing a suitable commercial office for your business in London.
Ask yourself some key questions before starting your search; what do you want for your business and what do you need for your business? The answer to these questions is vital to securing the best for your company.
Firstly, consider the size of the space available and the size that you require. You need to calculate the maximum and minimum square footage needed to house your business. Whether it's a whole building or just one floor, the question of size must come first.

Once the size has been agreed, location must come second on your list of considerations when searching for office space for rental. Where in London would be most beneficial to your business? Does the trendy, exclusive district of Mayfair suit your company's image and clientele or are good transport links to the rest of the city important? If so, Hammersmith maybe for you. Are views of the River Thames your ideal view from the office window? Then Southwark and Waterloo would be favourable choices. Also think about parking for your customers and employees; are there adequate car parking facilities nearby?

Once a city location is decided for your business, the location in your chosen building is just as important. Does the nature of your business or employees make a ground floor office space a necessity? Does the size of your workforce need more than two floors? Are panoramic views a desire in your conference room? These small details make a huge difference to your business and go hand-in-hand with the location of your office space in London.

So, the size and location has been set, next comes the standard of the office you wish to rent. A basic commercial space would need decoration and would therefore require more work before moving in, but would be cheaper to rent. Mid-range offices are decorated neutrally allowing slight personalisation of the rental and also come with air conditioning. Top quality spaces are usually newly refurbished, attractive work environments that have raised flooring and air conditioning.

Consider what work would need to be done before moving in, such as floors being replaced or carpeted, how the heating and air conditioning is maintained and is there an existing security system or will one need to be installed? Also consider the cost of such alterations when looking for a suitable standard of office. Remember that the more you require the less negotiating room you will have with the landlord.

Now that all the key points and desires for you new office in London have been agreed, it is time to consider price. Firstly, what is the maximum amount (per square foot, per annum) that you would be willing to spend on the rental? This also ties in with the quality of the rental you would prefer, for example, a basic office in Hammersmith will cost a lot less than an office space in Chelsea or office space Mayfair. Or would a mid-range space in reasonable Knightsbridge be more suitable? Everything must be taken into consideration at this point when what you want to pay and what you might have to pay could rely heavily on your chosen factors of size, standard and location.

Therefore, if you want a basic office in somewhere exclusive and desirable but the price is still too high, consider a mid-range rental in somewhere less exclusive but with a similar vibe. Money could be saved, whilst still securing a beneficial location.
Alternatively, if the standard and location of your chosen office is acceptable, but not for the size you want, consider lowering your standard to basic, therefore maintaining the size and location of your preferred rental.
There are also occasions when large companies rent entire floors of office space in London and then decide to rent elsewhere or to downsize. If this should happen somewhere your business would like to locate to, the management company of the building will sublet the space for a much lower price than the going rate for general office space in that building.

This could be a major trick in getting the best price for your rental.
Also, consider the taxes and possible one-off charges required, for example; legal costs, refurbishment costs and property tax. Carefully study and re-read the property or lease agreement and be clear what is and isn't covered. Check whether the lease outlines the state of the square footage of the agreed office space. Can you make repairs if the landlord cannot and will this amount then be deducted from the rent? Check how the lease defines how disputes will be decided.

Once all these tasks have been taken into consideration, the final lease approval and negotiation can begin with the estate agent. Make sure your needs are voiced and make sure every detail is clear and acceptable to you and your business. Be clear on what is negotiable and what isn't before you begin.
But be prepared to negotiate. It is very unlikely that the lessor will tailor the rental exactly to what you want, so be ready to compromise and seem flexible.

Never appear too desperate to secure London office space as this will give the lessor all the bargaining power and could leave you with costs or compromises you don't want.
If the agreement is not going the way you wish and there is no more room to negotiate, be strong and walk away. Always have a couple of properties on a short list ready for such an occasion and then you aren't left without. There will be many similar office spaces for rental in London, so be sure to look thoroughly before making any steps towards sorting out a lease. Making a shortlist of five of the best or your five favourite rentals will keep you covered and will result in you obtaining the best commercial office space in London for you and your business.

How To Start Your Own Business - From Renting Office Space To Paying Tax

It can be daunting to start a business, with many things to consider before setting out. But like with many things if there is risk involved then the benefits are often high so making sure that you are fully prepared before starting out is essential.
There are a lot of things to consider from renting or buying office space in london, to employing a workforce as well as paying the correct amount of tax.

Starting a business can be exciting and in many cases quite lucrative long-term but having the correct knowledge and financial support is crucial to ensure that the business does not fail. It is a well-known fact that as many as two thirds of all businesses fail within the first three years, which could have been down to not having the correct tools to start off with.

The best thing to do is write a checklist of things that need to be found out before opening for business. Perhaps one of the most important and costly outgoings is finding the right business premises. Renting out office space should be one of the first considerations. Does the business require large office space, or can the business function operating from a small unit. Think about the equipment that is needed to get the business off the ground and for on-going functionality. Is there a large outlay initially for stock and has this been taken into consideration when looking at office space in terms of having adequate storage.

Has the financial needs of the business been considered, for example will the business run on one person operating it, or will it require employees. In which case, the issues of tax and national insurance come into play. Can this be done by the business owner or does the business require the expertise of an accountant.
Considering when the business will be at its busiest is always a good way to plan viability. For example are you selling a product or service that would be particularly popular around Christmas time, warranting the need to employ more employees.

If that is the case, will there be times in the business when it will go through times of hardship, and ensuring the right provisions are in place to support the business through these times.
There are ways to help a business get started without approaching the bank for a loan to get started. The first one is the Young Enterprise Scheme. This is aimed at anyone as young as five and is a charity based organisation that gives people the inspiration and equipment they need to succeed in business.
Secondly there is the Prince's Trust, which is aimed at 18-30 year olds and offers advice and support as well as low rate loans.

The less commonly known organisation is called Make your Mark-start talking ideas. This is aimed at younger people aged 13-20 and can help turn ideas into reality.
Whatever option is chosen to get the business off the ground, ensuring that it is registered as a business is essential. There are a few ways that this can happen. The first option is a sole trader. This is probably the most common ways to start out and is the simplest in terms of arranging tax. The downside to this is that initially financing could be harder and if things go wrong personal assets could be at risk.
The second most common way is to register as a limited company; there are businesses that have ltd and plc at the end of the title. It is more complicated to set up in terms of tax but it's good because your personal assets are not at risk if the business fails.

The other main thing to arrange as well as ensuring the correct office space and type of business is the tax. The taxes that need to be considered are deciding whether to be self-employed, which means that all taxes will be calculated by the business owner. V.A.T on goods and services, import and export taxes as well as other taxes. It can be very complicated and the best advice is to look at the HMRC website where all the correct information can be found.

Whatever the business the most important ingredients are commitment and determination and having the correct support from friends and family as well as I the business world will ensure the business is a success.

Growth in London Office Rental - A Look at the Booming London Office Market

With the current state of the very challenging economic climate it is essential for business's to make the right moves, many consider location to be the make or break of a company's success rates. London's office space proves to contain some of the country's best office locations flourishing with business opportunity, and may just provide the solution to this problem.

London offices can be obtained in a range of locations; from established corporate areas, to the stylish tourist attracting suburbs. London is one of the world's biggest centres of finance and serves the perfect place for the business traveller. As well as this London works as an ideal social scene with world famous exclusive Michelin-starred restaurants such as L'Atelier de Joel Robuchon. London is full of specialist boutiques, quirky markets and world renowned stores; from The Beatles Store to Harrods, there is never a shortage of things to do in London.

It is undoubtedly apparent that situating in the prominent position of London's city comes with a great deal of advantages, the vibrant and fast moving pace of London serves an ideal location for London office rental. Easy access is supplied to the central business districts with the vastly dispersed underground system, London buses, and taxis on all routes. Communications therefore could not be any more efficient for potential clientele and are ideal for networking.

The London office market has grown a significant amount in the past 5 years with an increase in demand for London's commercial space. This is due to an advanced communications and information technology infrastructure and a supreme concentration of professional services The London office market is facing a bright future as a number of reports reflect positive outlooks for 2011 and the upcoming years.
Such office space locations include eminent areas such as Covent Garden, and Kings Cross, where the office spaces are surrounded by everything the city of London is renowned for. Rental prices for basic, economical locations such as this start from a mere £17.50 per square foot (per annum). Similarly priced locations include Knightsbridge and Victoria; with newly refurbished commercial office space which provides scenic views across Central London.

For the most luxury and top quality offices, prices range between £25.00 and £92.00 per square foot. Office spaces such as these come available with newly refurbished, high quality staffed reception areas. As well as this the London office rental space includes; comfort cooling and air conditioning, raised access flooring, suspended ceilings, parking facilities, passenger lifts and toilets. Many of the office locations including; Knightsbridge and Belgravia, Canary Wharf, and Marylebone, are on very flexible lease terms.

The physical environment in which you or your company works holds a great deal of importance. Providing an adequate environment for a workforce is essential; as well as improving staff satisfaction and contentment, office location can have an immense impact on business productivity and revenue, at the heart of the world's commercial markets it is unquestionable that London offices provide a great foundation for a successful future.