20 Bay Street, Suite 1100, Toronto, ON M5J2N8

5 Factors To Consider When Choosing An Office For Your Growing Company

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5 Factors To Consider When Choosing An Office For Your Growing Company

As your company starts to grow, you will eventually need to move out of your home office and into a proper office space. This is an exciting time for any business, but it can also be a daunting task. There are a lot of factors to consider when choosing an office, and it’s important to get it right. The five key factors to consider when choosing an office for your growing company are location, size, cost ,amenities and culture To learn more about each of these factors and how to choose the right office for your company, keep reading!


The location of your office will be one of the most important factors to consider when selecting a workspace. After all, it plays an important role in setting the tone of your business, and plays a major role in how your customers and employees view your company. If your company operates on a local or regional level, you should consider a location that is easy to access for employees and customers alike. Proximity to public transport, parking and local amenities should be taken into account, as they can make life easier for everyone. It’s also important to consider the local community, as this can impact the overall feel and atmosphere of your office. Ask yourself if it’s a place you would feel safe and comfortable in as an employee, and whether or not it’s a place where customers would like to do business.


The size of your office will depend largely on the type and size of your business. If you are a small, lean startup with a handful of employees, a small office space may do just fine. On the other hand, if you’ve got a staff of 20 or more, you’ll likely need a larger office space. It’s important to take into account the size of your team when choosing an office, as well as any future growth you are planning. Do you need additional offices and meeting rooms to accommodate larger numbers, or would it be more efficient to rent out a larger space that can provide flexibility? Think about how many members of staff will be in the office, and how much space these individuals will need to work comfortably and efficiently. Consider how many meeting rooms you may need and how much storage you will require.


Of course, the cost of the office you are considering is also an important factor to take into account. After all, your budget will have a significant impact on the size and type of office space you can realistically look for. It’s important to look at the long-term cost of the office space you are considering. What is the leasing term and what kind of extras will this include? Additionally, if there is a need for any additional services or facilities, such as internet or cleaning services, these will need to be taken into consideration and budgeted for. Take into account the potential cost savings of choosing a coworking space or a shared office, as this can be an attractive option for growing companies with smaller budgets.


Different types of office space may come with different amenities, and these can make a big difference in your team’s day-to-day life. If your company is looking for an office that provides a comfortable and inspiring workspace, it’s important to look at the amenities the space has to offer. For example, if your team needs access to reliable internet and state-of-the-art technology, look for a space that can provide this. If you’re looking for a space that is more relaxed and offers recreational activities for employees, look for a space that includes a lounge area or game room. Also consider the kind of office equipment you will need, as well as any other amenities your team may require. Make sure that the space you choose is capable of meeting all of your needs, both now and in the future.


Finally, when choosing an office space for your growing company, it’s important to consider the culture of the space. It’s often a good idea to visit the office space in person prior to signing a lease, as this will give you a better idea of the vibe of the space. Be sure to ask yourself if the office culture of the space is one that will support and encourage your own company culture. Take note of how other companies in the space interact with one another, and how your own team will fit in with the existing culture. Also consider any shared areas of the office, and what activities or events take place in the space. This can make a big difference in terms of your team’s overall morale and productivity. Conclusion: As you can see, there are a lot of factors to consider when choosing an office space for your growing company. But with careful consideration and attention to detail, you can make sure your team has the right space to thrive in. Take into account the location, size, cost, amenities and culture of the space, and make sure it meets all of your needs, now and in the future. With the right office space, you can create a comfortable and inspiring workspace that will motivate your team and help them reach their goals.

Why Choose The Rostie Group?

With flexible terms, all-inclusive lease rates, networking opportunities and fully serviced amenities, we provide solutions for businesses in all industries.

Experience all of the benefits (and savings) of working in a shared office centre.

Our large assortment of meeting and training rooms, with capacities ranging from 1 to 60 people, can meet any requirement large or small. With varying room layoutsintegrated videoconference technology, dedicated breakout rooms and a full Catering menu, these spaces can be rented out by the hour or by the day.

Additional perks such as printing and scanning, live reception, mail handling, fully serviced kitchen and much more, will make your workday much more enjoyable.

Our PATH accessible facility, which is in close proximity to Union Station, is one of the most desirable locations in the city.

Building amenities such as restaurants, pharmacy, dry cleaners, and more make WaterPark Place a top destination to work at in the downtown core.

20 Bay Street also includes WaterPark Athletics, a full-serviced fitness facility strictly for WaterPark tenants.

For more information, visit www.rostiegroup.com, email info@rostiegroup.com or call 416 214 1840.