How choosing the Right Office Space can Make or Break Your Small Business

Office Space Toronto LocationSome business people will tell you that the right office space can make or break a small business. It is not always easy getting the balance between affordability and the perfect office premises, but not taking the time to do your research can be a costly mistake. Here is checklist of basic considerations for your preliminary search for new office space. It is important to understand that not every suggestion will be relevant to your business type or situation.

1. The location

Is the office in an area that is known for doing business? Setting up in an area that is not considered a business area may give your clients a feeling that you are not that professional of an organization. A prime business location that is professional, such as in a downtown core, can have a positive effect on how clients and staff view your company.

Is it in a safe area of town? It is important that your staff and visitors will feel safer visiting your office if the area is both safe and well lit. Consider that yourself and/or employees may have to work at night or arrive early before the sun comes up. Lighting is even more important during the winter months when the days are shorter.

Is there easy access to public transportation? Not only might you or your staff need easy access to public transit, but you also will want an area with frequent service. If you will be hosting clients and customers in your office space, you will want to make sure the public transit directions you give them are not complicated.

What are the nearby amenities? Are their nearby restaurants to get lunch or to entertain clients? You may want to have your office nearby a convenience store, an ATM or even a full-service bank or credit union with teller services to make deposits. Remember that the amenities you demand may also be those your clients may require – such as parking facilities if your office space does not provide them.

2. The Actual Building

Is the building well-maintained? There is nothing worse than having clients visit your offices, only to get a bad first impression by the outside of the building or the main lobby. Even before inquiring about office space, take a close look at the building. Go inside the main lobby to see if it is clean and well maintained. Also look to see if there is a security desk that has a guard of concierge. Ask to use the restroom. One sign of a well maintained building is clean, modern restrooms.

What are the hours of access? Some office buildings have set hours of operations and do not allow for after-hours access. Having an office space in a building with 24-hour, 7-day-a-week access may not be important to your business model – but knowing you have access when you need it is. You may want to find out if there is self-access or if there is access granted by a security guard.

Is there parking in or around the office building? You want to know if there is parking available for yourself, your employees or even your visiting clients. Find out how much the parking costs and how many spaces you are able to rent. If the building does not offer on-site parking, what easily accessible parking is available nearby?

3. The Office Space

Is there enough space for your needs or is there too much? Knowing your needs and the number of offices, cubicles or workstations you require now is important. However, know your needs for the length of the the lease term you are signing. Renting too much space that is not needed will cost your business money and hold up budgetary funds that could be allocated to other things your business requires.

Can you decorate? Knowing what, if any, decoration restrictions there are before you sign a lease is important. But it is also a factor you should consider when you are doing your search. If you can decorate as you see fit and have to return the space to neutral decor before you vacate, you have to factor that into the costs. You do not want to waste time considering an office space if you require decorating and are not permitted to do so.

What are the acoustics like? No one wants to work in noisy office spaces where sounds echo or are carried easily because of the space design or configuration. When viewing an empty office this may be hard to determine, so ask if you can visit the space or a similar office space in the same facility. Also consider the sounds coming from outside and adjacent offices.

4. Other Needs of Employees and Visiting Clients

Are the building and office spaces disability accessible? You will want to find out if the building has accessible parking spots, wheelchair ramps, automatic doors, accessible washrooms and any carpeting that is less than 1/2 pile. Other considerations are the elevators. Most modern elevators have braille buttons and call-out floor numbers for the blind – but this is not true of many older office buildings.

Does building security offer escorting to cars after hours? When people are working past dark or having to go into an empty underground parking facility, they feel much more secure when they are being escorted.

How clear are building directions to your office space? Having a listing on the building directory is a good start, but it may not always give important directions. Some building complexes with separate wings or different elevators for different floors require additional directions. Either the building director should have addition directions, or a concierge/security desk in the lobby should give visiting clients proper directions.

5. Come up With Additional Items on Your Checklist That are Important to Your Business

Do you or your clients need easy access to commuter rail systems or airports? Can you rent addition space if you need to expand? Are there kitchen facilities? Is there a preferred office cleaning company? What IT or Internet infrastructure currently exist?

Once you have conducted your preliminary office space search and narrowed down your choices to a handful of promising offices, be sure to visit each of them and take a full tour of the facilities and the building. And don’t forget to take your checklist along.

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Hotels

1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward

2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com

3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com

4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com

5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com

Restaurants

1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com

2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com

3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/

4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca

5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com

6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca

7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/

8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca

9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca

Health and Wellness

1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca

2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com

3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

  • We are the highest Tech centre in the market
  • We have a very modern, high quality, brand new facility located at:

   18 King Street East, Suite 1400

      Toronto, Ontario   M5C 1C4 Canada

    • 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
    • A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
    • Building is located in Toronto's vibrant financial district
    • Plenty of parking available in the area including street parking and reserved parking in the 18 King building 
    • Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
    • Onsite amenities:  Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street 
    • Nearby amenities:  underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services 
    • New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
    • We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
    • Largest training room and conference facilities accommodate up to 60 people classroom style
    • Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
    • Private shower room
    • Indoor Reserved Parking at the current building rental rate
    • Bicycle parking
    • Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
    • Telsec has over 650 locations in 40 different countries worldwide available for their clients.  Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location.  Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location 
    • King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance
  • Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

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Take a look at our facilities www.telsec.net    

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.