There’s a lot to think about when you’re looking into renting office space for your business. You’re going to want to weigh everything from how much space you need to who your landlord will be and what their reputation is.

Given that renting office space will most likely end up being one of the biggest expenses for your company, you don’t want to rush into making a decision — due diligence is essential. This will include making sure that the space accommodates your current needs, while leaving some room for your company to grow.

Despite the popularity and the projected growth of co-working communities, the type of office space can be a double-edged sword. This is most exemplified by social aspects of the space.

On the one hand, shared office space can seriously hamper the productivity and efficiency of your company due to excessive distractions outside your control. Because shared office space is less structured than traditional offices, there are often a lot more blurred lines with regards to socializing. For example, is your employee over there chatting with someone on his break time, the company clock, or is it work related?

You simply don’t have the time — or energy — to babysit in those situations. You have to be able to trust that your team isn’t getting distracted to the point that it’s putting you behind schedule.

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