The B5Media network:

Are you ready to expand your office?

This video from CNNMoney.com/Fortune gives a big-picture look at the factors involved in an expanding office and features a business that went from a solo home office to an off-site with 11+ employees.

Don’t have 3 minutes to watch it all? The high points are summarized below:

Watch the video. (3:02)

Point 1: The kind of workspace you have impacts your productivity and the bottom line.

Point 2: A roadmap for your business should includes short and long-term hiring goals.

Point 3: Leasing office space (vs. buying) is recommended. Suggested sites for researching options include loopnet.com and cityfeet.com

Point 4: Consider location needs based on the type of business you have.

Point 5: Develop an effective telecommuting policy.

Do you see more desks in your future? How is your business doing space-wise?

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