When is your startup ready to rent office space?
Having an office space of your own can be time consuming and expensive. So ask yourself if you really need it before taking action!
Providing financial references like tax returns, bank statements, as much as 12 months’ rent up front, electricity, gas, water and/or trash removal bills are all costs you would want to avoid as long as possible.
There are many co-working spaces and virtual offices around the globe, and most probably there is one close to you. Try to find one that specializes particularly in startups. Startups have different priorities than other types of businesses. A suitable office will enable you to develop a good network.
So when are you ready to have an office of your own? When you can’t avoid having one:)