Prior to entering into lease negotiations, you need to first find the right space to set your office up in.
A medical office broker will help you in this task by finding out if the office space is suitable to practice out of if there is sufficient space to fit all of the required machinery if there is space if you ever want to scale up, if it is within your budget, and if the costing of renting the office space is fair.
Having a guaranteed office space to practice out of can significantly increase your chances of success.
Hiring the right medical broker enables you to view the best medical office spaces before coming to a decision on a location.
Whilst most medical practices fit within the traditional opening hours of between 9 am and 5 pm, depending on the exact field of medicine that you plan to operate in, your hours may be slightly different to this.
For instance, when offering emergency services, your office hours may need to be extended. Additionally, you will need to make sure that the required security and utilities are available during these extended operating hours.
When your resources are being utilized, you may need to discuss the allocation of costs with your landlord.
However, it is the job of medical office brokers to find a space that fits this criterion so that you do not have to negotiate costs for additional services.
When renting out a space, you need to consider how accessible it is for your patients. Think about if there are good public transport links or if there is sufficient parking available should the practice become particularly busy.
As a result of the global coronavirus pandemic, patients now want healthcare to be as easily accessible as possible. A broker will help you to find an office space that is centrally located, thus aiding the success of your practice.
For anyone coming from outside the world of real estate, it is quite easy to miss an exclusivity clause when agreeing on contracts. Without one of these in place, you can quickly find yourself competing with other practices for patients.
For instance, a landlord would be well within their legal rights to lease out an adjacent space to another medical practice, which would not be good for business.
So with a clause in place, you can ensure that you will remain the only medical office in the complex that you are based in.
The best brokers are fully aware of all the ins and outs of a medical office space lease.
They have knowledge on how to identify the various access requirements for your space, how to work them into a contract, and how to negotiate the best possible deal for you.
Financial resources need to be put in place when setting up a medical practice and a broker is able to explain all the various options to you.