Determining How Much Office Space You Need

Every company, whether they are a startup or an established company, has a budget when it comes to looking for new office space and keeping within that budget is not easy.  A common mistake that companies make when looking for new office space is that they either don't get enough space for their future growth or they get too much space and break the bank.  One important thing that every startup and established company should think about when looking for new office space is:

How many employees do I currently have and how many do I plan to add over the next couple of years?

A common measurement that many companies use to determine their new office space size is to calculate for 300 square feet per employee.  So if your company has 10 current employees you should be looking at office space around 3,000 square feet in size.  The overall size can differ depending on how many employees are going to be in private offices or cubicles, but using 300 square feet per employee gives you enough cushion either way.  If your company is planning to grow within the next couple of years, make sure you account for those future employees in your calculations.