How to choose the right Business premises

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Choosing where your business should be located should not be an afterthought when it comes to a business that is yours.

When setting up a new business you may think you need to focus more on social media marketing, your business strategy or on hiring employees. Maybe you are thinking that the location of your business is not that important, that people will happily travel to you, or there are limited options available so you’ll take anything. 

In truth though, the premises of your business is really important and can influence the overall success of your business. There are a lot of elements from the location, the size, the flooring choice from Resin Flooring from Impact Floors all to consider. 

So, when looking and assessing your options here are some things to consider. 

Know What You Need From The Premises
It is important to think about what your long term business plan is. By understanding and thinking about how you plan to scale your business will help you understand your needs when it comes to the business premises and how it will work for your business now and in five to ten years as your business grows. 

Features To Consider
When it comes to choosing the right premises for your business there are different considerations to make. These will change based on the type of business you have but there are certain key considerations that all businesses need to think about. 

Appearance - It is important that you think about the impression that the premises gives off about your business. When you meet new clients, customers, business partners what does the appearance of the building say about your business. In business first impressions count. 

Location - The location of the building is vital, especially if your business requires footfall. If you are hidden away and not in sight it is unlikely you will attract the level of custom you desire, whilst if you are part of a busy high street you are more likely to have a higher level of footfall through the door. 

Noise - Is the location going to support you and your employees being able to complete the tasks required. For example if you need to create a space for intense concentration will having a building located by a loud school going to hinder your business. 

Budget - It is helpful to have a budget in mind when choosing your premises. It is important that any premises you choose doesn’t leave your short financially, so understand which features are priority as compromises may have to be made. 

Size - Is the premises going to be able to support you now and as you move through your business plan and expand. You also need to ensure that there is enough room for any and all equipment that will be required to get your business up and going and that you have factored in enough space for stock, staff belongings, facilities and internal changes that may need to be made such as fitting offices.