Although there are more and more businesses choosing to operate without a physical presence, you can expect that the majority of companies will continue to maintain an office space. The convenience and atmosphere that a physical office represents may outweigh the benefits of working remotely for many people in positions of leadership. Leaving your office space may be a step in the future for some companies but definitely not for all.

Your startup should have an office space to help you attract and retain top talent within your core team. The ideal location should be accessible in a secure environment, have access to reliable WiFi, and allow for onsite meetings. To ensure that your staff is productive, consider providing onsite services such as grocery delivery and housekeeping to your office space employees. Finally, make sure that your office space is a pleasant working environment for your employees by creating a relaxed atmosphere with games or music playing in the background throughout the day.

There are many reasons why you should rent an office space for your startup. Despite the claim that technology makes it possible to run a business from home, there are still additional benefits of having a physical office address. These benefits include providing your employees with a comfortable working environment, establishing your brand identity and visibility, creating a professional image to potential clients, and offering a centralized location where you can store important files and conduct meetings. For more detail, please refer to the info-graphic below.