When choosing a premises for your business there are a range of different considerations that need no be factored in to ensure you end up with one just right for you and your business. Having the right set up for your business will help with productivity and your business thriving.
Draw Up A List Of Requirements
You need to know what you need from any premises you are considering. There is more to factor in when choosing a premise than just considering a general location and size. You also need to consider the layout and whether of not parking facilities are required. Also, consider your future business plans as this may shape your choice of premise as for example if you know that you plan on expanding it may result in a larger space being needed. Writing a list of requirements will really help you narrow down your search and should include any facilities you require for employees and customers such as toilet, kitchen facilities and lighting.
Budget
The premises you can considered will also be dependent upon your budget. Whether you are choosing to rent or buy, you still need to factor in costs such as legal fees, any decor changes and alterations you will be making to adapt it to support your business needs and personalize to reflect your business’s brand.
Along with considering the on going monthly costs such as rental, utilities, business rates, building insurances and other general maintenance costs.
The Location
Location, footfall, proximity from competitors and costs are all factors to weigh up when picking that perfect spot. It really is a balancing act so that you find something convenient to access for both yourself, employees, suppliers and customers without it being too expensive that it significantly eats into your profits. This includes considering if there is parking available, close by and good transport links.
Another factor when choosing the area carefully. Your businesses image will be associated to the buildings and businesses surrounding it.
Legal Considerations
Whether you choose to buy or lease a premises, you still need to be aware and make sure that you understand any and all legal obligations. For example you need to ensure that the busyness has the relevant permissions that will permit them to be used for your business type. They must also meet and comply will all building, fire, and safety regulations and business rates need to be paid. As the business owner you will also be responsible to ensure that you are providing a safe work place for employees and customers and that it is accessible to all. Some building and premises may also have restrictions which need to be abided by such as noise and pollution levels being limited and limitations on delivery times. These legal requirements are also factored that should be considered to ensure that they will not hinder your business requirements. If you are unsure of any requirements or legal requirements it is always best to seek guidance from firms such as Boulder Legal Group.