1. You have space you don’t use. This is the easiest reason to sublease your unused office space. You are paying for space you don’t use. Instead of letting it go to waste, you may choose to find a subtenant to offset the overall cost of rent.
2. You have space you don’t need. It is important to choose office space that allows your company to grow. That’s why you may find yourself renting a building with extra private offices or usable space that you can’t fill with new employees until a year or so down the road when the company generates more revenue. In this case, you might find some short-term subtenants to help you pay rent until you can afford to hire more employees.
3. You need to rent a larger space. Most leases last at least three to five years. If your company grows faster than expected or you want a change of scenery, you may find yourself considering breaking your lease. However, subleasing your old space to some subtenants while you move into a better space may be less messy and more cost-effective.
For more information, please visit. officesublet.ng