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  • How Much Office Space Do I Need?

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  • There are many different types of business, let alone industries and working styles, that require different sized offices depending on the work they do: here are some key points to consider when determining the right amount of space for yours.

    Start by taking a thorough look at what’s working and what isn’t in your current office environment. Once you’ve acknowledged the strengths and weaknesses of your workplace, you’ll be in an ideal position to start identifying opportunities for improvement.

    A great fit out partner will be able to do this kind of workplace consultancy for you. They’ll take care of everything from interviewing staff and liaising with upper management, to analysing the way your business operates in its current workspace.

    We’ve put together a list of questions that will help you start to narrow down your space requirements. The amount of space your business needs to be successful is an important part of your workplace strategy, and will help shape your building requirements. To get an idea of how much space your company needs, take a look at our office space calculator.

    What kind of business are you?

    Consider the daily activities your business requires and how your space should support them. Are you more client-facing or employee centred? Are you a mix of both? Either way, your desired client experience will shape the amount and type of space you need.

    How many people make up your team?

    It is vital that your office is big enough for your team.

    If you are looking to expand your office to fit your current number of employees, it’s a good idea to estimate your expected growth over the next few years and accommodate that number instead.

  • If you’re constantly outgrowing your workspace, there are ways to design your space for scalability. From the type of space model you choose to the kinds of technology you implement, an office designed for growth is an incredibly valuable asset.

    For more information, download our free Guide to Designing Workplaces for Scalability.

    Download Now
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  • What industry is your business in?

    Different industries often adhere to trends and design features that can benefit their way of working.

    Your industry will affect the way your team works and the types of spaces you need. For instance, open plan spaces are incredibly beneficial for creative teams that need to fire ideas back and forth. Consider not only the kind of work your team does, but what kind of working styles they have – different people with different roles will need different kinds of space to perform.

    What is your budget?

    This is undoubtedly the most fundamental point to consider when planning an office fit out or relocation, and it’s important to be realistic.

    There’s no single answer when it comes to the cost, namely because different companies will want and need different types of space. Be sure to research the cost of office space in your preferred location in order to gain a thorough understanding of the price point associated with the space you need.

    Whether the space is Cat A, Cat B or Built to Lease will also impact the cost. If you’re looking for Cat A space, you’ll need to budget for an office fit out too. No matter where you’re looking or what sort of fit out you’re considering, the price will depend on major areas of expenditure like construction, furniture, AV and IT, dilapidations and security.

    What kind of working style would best suit your company?

    Everyone works differently, which is why we suggest incorporating versatility in your workspace as much as possible. There are undeniable benefits associated with activity-based work practices; employers are seeing improvements in productivity, efficiency and wellbeing in workplaces that are designed to support flexibility.

    Consider adding extra meeting rooms or maybe a quiet space for employees who need time out to concentrate without the distraction of phones, emails and office chatter.

    Decide whether you want to split your staff up into teams, each with their own space, or whether an open plan layout would be more beneficial. The way you utilise the available space should reflect and support your operating model and business strategy.

    What kind of location are you looking at?

    Does the space reflect the brand? Does the location complement your business?

    You may want to think about how the cost of the area affects the amount of space you can afford, i.e. would an office in Stratford be a better move than a space in Mayfair? Could you get a bigger space in a cheaper location?

    Once you have considered each of these points you should have a more informed idea of what size space would benefit your business.

    Office design for Funding Circle

    Call now to arrange an evaluation of your existing space, working practices and expansion/contraction plans. We can give you a clear idea of what kind of space will suit you best and even suggest how new ways of working could change the space you need.

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