The global pandemic has seen big threats to businesses many of whom were unable to operate at all or fully during the various lockdowns and restrictions. Of course, some businesses found new ways of working. Others saw business increase such as the providers of video call technology. A lot of people had time and space to reflect on how they want to live their lives moving forwards. New businesses are emerging and some will need premises. Here are 5 tips on finding business premises.
How much space do you need?
This is a balancing act as you don’t want to overstretch but equally you are probably hoping your business will expand over time. Some business owners prefer to share space with other companies. Hot desks can be an option for some entrepreneurs. You may wish to rent or buy premises. Hopefully you will soon be able to engage movers los angeles and get your doors open to the public.
However lovely your products are your customers need to be able to find you and get to see them easily. Is there any point paying a small amount for your commercial premises if customer footfall is very limited. Of course, if your business is fine with people not visiting it often, you can look at cheaper options out of town. Even then, if you want to have employees, consider that it is best if you are on a public transport route as not everyone drives or has a vehicle. Try and ensure your location reflects your marketplace. If you are selling high-end interior design, this won’t work well if you place yourself in a run-down estate.
Be realistic about your finances
Can you afford to buy or are you better off renting? Many start-ups rent first and hope to purchase premises Don’t forget the very real expense of items such as stamp duty, insurance, security and utilities. Bear in mind leases can be tricky legally and do check out the terms carefully. On the money side of things, do check out grants that might be available from your local authority or enterprise agencies.
Know the law
You need to be absolutely correct legally to keep out of trouble and for the good reputation of your brand. Look into planning permission, health and safety and fire regulations. Consider the impact of the noise of your business on the local community or residents may complain to the council about your operations. Check out access provisions for those with disabilities. Know the rules about how you dispose of any waste as these can vary from one place to another. It’s always good to have a friendly lawyer to hand who knows their stuff so look for the best commercial real estate lawyer for starters.
Your online presence
In the 21st century, it isn’t just about your physical premises that represent your business in the real world. You also need a good online presence. Websites and social media accounts can make all the difference to building knowledge of your products or services. They give you an opportunity to build trusting relationships with your customers and potential customers. You can also work on getting links to your business on quality blogs and websites. Companies like RexOriginals.com can help with this matter.