Estimating your office space needs.
In the example below, we believe that Suite 150 at 100 East at Anderson Plaza would be ideal for a startup or small business with 10 - 20 employees:
Recently, we’ve received several questions regarding how we calculate and arrive at the range for each space.
Now, most companies like to hide their secrets, but here at Hobbs Properties we believe in trust and transparency. So, we’ve decided to reveal how we get that magic number so that you can estimate your own office space needs.
The formula below is not guaranteed to produce a perfect result. As all businesses are unique, their space requirements will differ. It would be impossible to develop a formula that would spit out an exact number for every business. The rule of thumb and formula provided below gives a base range that you can use to estimate your space requirements.
If you’re hoping to find the exact space size for your needs, please get in contact with us today.
All right, now that that’s out of the way, let’s get down to the nitty-gritty.
The rule of thumb.
1 employee for every 125 – 200 sq. ft.
Please keep in mind that this is not a hard and fast rule. The number of employees you can fit in a given office space depends on many factors, including the number of offices within a given space and the number of employees per office.
That being said, the formula would look like this:
Office Space Requirements Estimate (Low End of the Range) = Number of Employees x 125
Office Space Requirements Estimate (High End of the Range) = Number of Employees x 200
So, using the formula above, if your business has 25 employees, your estimated office space range would be 3,125 sq. ft. to 5,000 sq. ft.