Office Space and Virtual Office Blog

Cost-Effective Strategies for Start-Ups Renting an Office

If renting full-time office space isn’t a good fit for your start-up at this time, send NYC Office Suites a message

As a follow-up to our popular article, “Is it Time for Your Startup to Rent Office Space?” we wanted to share some strategies for start-ups in rented spaces. An increasing number of start-ups are looking for meeting space NYC to coordinate with their teams and connect with clients in a professional way.

But it’s essential that these companies can still operate at a cost-effective arch as their businesses scale while maintaining a high level of productivity at the same time. In the sections that follow, we’ll highlight some of the best ways that start-ups can increase productivity and cost-effectiveness while paying for a roof over their heads.

Carefully Choose Your Location

As with all types of real estate transactions, it’s all about location. You’ll want to choose a location for your rental office that’s convenient for your team so that commuting to work doesn’t cut into employee productivity. You’ll also want to be in a place to attract new talent when your startup begins to grow. Also, think about what amenities you would like nearby, and choose a lease length that you’re comfortable with.

Develop Your Landlord Relationship

As a renter, you will likely depend upon your landlord to make basic repairs and tend to maintenance issues. But before you sign a lease, do some digging into your potential landlord’s creditworthiness and trustworthiness. It is recommended to have a credit check run on landlords to ensure that they aren’t restructuring loans they can’t repay or are in some type of financial trouble. If everything checks out, stay on friendly terms with your landlord so that maintenance issues are resolved quickly and don’t cut into your start-up’s time or expenses.

Look into Furnished Office Options

The cost of furnishing an office can be extraordinary and really set back new start-ups. Lots of start-ups are attracted to shell spaces to save money. But the process of shopping for, buying, delivering, and arranging flooring, furnishings, and light fixtures is also very time consuming. If your team is already putting in more hours than it can handle, look into furnished office options to avoid a productivity decline.

Sublease Unused Space

It’s often recommended that start-ups choose a slightly larger space to rent than they’ll initially need to allow room for growth. But that extra space may cost you extra money that your company doesn’t necessarily have in the beginning. To remedy this, consider renting out a portion of your space to another individual or small company to help you cover costs. Of course, you’ll need to confirm with your landlord that subleasing is allowed in your contract before making this move. If so, choose a sub-tenant that compliments your business in some way so that you can develop that relationship in close quarters for mutual benefit.

Learn About Tax Deductions

While the initial financial burden of renting office space may be daunting, you may be able to enjoy some tax deductions to offset those costs. For example, monthly payments are often tax deductible, which means renters may be able to write those off as a business expense.

Consider Conference Room Rental NYC

For some start-ups, it might not be necessary or cost-effective to have a full-time office space that employees come to every day. NYC Office Suites specializes in conference room rental NYC with convenient Midtown Manhattan locations. These meeting spaces are available when you need them, by the hour or by the day in a discounted subscription format.

Our administrative staff can assist with everything from presentation prep to transportation arrangements, and our technology team can help you set up calls, teleconferences, and webinars. With rates starting as low as $39/hour, these conference rooms are ideal for hosting company events as well. If renting full-time office space isn’t a good fit for your start-up at this time, send us a message or call us at 1-800-346-3968 to learn more about getting a New York City meeting room whenever you need it.

7 Skills Every Digital Nomad Needs to Be Productive

Contact us next time you’re in need of some meeting space NYC

Remote working has already begun to transform the way that companies do business, and it’s been estimated that a billion people will work as digital nomads by the year 2035. Working from “wherever” might sound appealing to employees trapped in cubicles, but not everyone or every industry is well-suited for this type of arrangement.

Yet there are many ways that remote workers can be just as productive and efficient (or more so!) than their peers in traditional office environments. In this article, we’ll cover the seven most important skills, habits, and traits that digital nomads need to maximize productivity wherever they find themselves working.

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Utilize Temporary Office Space For United Nation Events

NYC Office Suites has meeting rooms for rent to suit any business purpose

The International United Nations Headquarters is located right here in New York City, which means that foreign leaders frequently travel here for conferences and meetings. In this article, we’re looking at a few of the key UN sessions and assemblies taking place in New York City this spring and how foreign leaders can benefit from a NYC conference room rental near the UN building.

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5 Tasks to Delegate to Your Virtual Assistant

Busy entrepreneurs and managers can greatly benefit from hiring a virtual assistant, but it can be difficult giving up control of what you do best. Hiring someone to handle some of your day-to-day tasks is a big decision financially as well. But in today’s remote, digital working environment, it’s becoming easier and more affordable than ever to off-load mundane and time-consuming tasks to someone you can trust.

Here is some information about what a virtual assistant can do for you and five tasks to consider delegating to a qualified professional for your business. Establishing a virtual office New York may be an even better option for companies in certain industries.

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Practical Strategies to Manage Virtual Employees

NYC Office Suites provides virtual office space in Midtown Manhattan with many flexible and customizable options.

Virtual office space is the work environment of the future, but many businesses are still trying to learn what this actually means for their managers and employees. Running a company with virtual employees is vastly different from operating a more traditional model; however, this innovative approach may be the key to take your company to the next level.

In this article, we’re looking at the various aspects of managing virtual employees and things to keep in mind while overseeing a virtual office space.

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Top 10 Real Estate Events to Attend in NYC 2017

Top 10 Real Estate Events to Attend in NYC 2017

New York City and real estate are practically synonymous, and this is THE place to be if you work in the industry. It’s an exciting time to be a real estate professional because technological developments and new sustainability demands are changing the way buildings are bought and sold. That’s why it’s more important than ever to stay up-to-date on industry trends and network with other professionals to serve your clients in the best way possible.

In this article, we’ll highlight the top 10 real estate events taking place in NYC this year, including details of each conference and the keynote speakers.

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Presentation Tips All Meeting Leaders Should Know

Effective Presenting Tips

In the business world, some professionals thrive off of public speaking engagements and others are filled with anxiety every time they come up. But even in our digital modern world, live presentations are what help us understand an organization’s mission, connect with each other, and take action.

In this article, we’ll highlight the top presentation tips that all meeting leaders should know when presenting to a large group of people. These are key strategies to keep in mind when you’re in your home office or even gathering in temporary meeting rooms NYC for a special event.

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What You Should Know about Legaltech and NYC Conference Rooms Nearby

NYC Office Suites is conveniently located in Midtown Manhattan, the same neighborhood where Legaltech will be taking place

The legal industry used to have a reputation for favoring paper files over electronic ones and being behind the times in terms of technology. However, that’s all changing as the industry’s most successful firms embrace cloud-based process automation and adapt to new data privacy and security expectations.

Legaltech, the largest and most important legal technology event of the year, will take place January 31 to February 2, 2017 at the New York Hilton Midtown. This is the best place to be to learn about what technology can do for your law practice, and many attendees will need conference rooms nearby to build off of the event’s momentum.

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How a Trump Administration May Impact NYC Commercial Real Estate

NYC Office Suites provides convenient and affordable conference room rental NYC

Well before Donald Trump was ever involved in politics, he was famous for his powerful role in real estate, and his name has been synonymous with the industry as it is displayed on prominent buildings all around the world. With his new role in the political realm, many people within the real estate industry are wondering how Trump as, President of the United States, may influence and mold the real estate market, globally, nationally, and especially in his hometown, here in New York City.

In this article, we’ll explore the impact that an incoming President, Donald Trump, may have on commercial real estate markets, and more specifically on commercial office space Manhattan in NYC.

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Available Office Spaces Near Trump Tower

Available office space near Trump Tower Manhattan

Since the recent election, Trump Tower, a 58-story high-rise on Fifth Avenue between 56th and 57th Streets in Midtown Manhattan, has become a more important piece of real estate than ever before. Donald Trump has made his love of New York City very clear, and many speculate that Trump Tower will serve as a “satellite White House” where he will spend a significant part of his time as president.

Undoubtedly, Trump’s presence in Midtown will change the lives of the people who live and work here. But this is also a great opportunity to look into temporary office space near Trump Tower and conference space near Trump if you work in certain key industries.

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