Small Business Premises

Researching Your Small Business Premises?

Researching your business premises is critical, as unless you intend to operate your business from home, securing premises is likely to be the most significant cost you will have during the start up phase.

Not only could it end up costing you a lot of money, the decisions you make while looking for premises can have a long-term impact on the future viability of your business.

The best thing you can do at this stage is to put in the time and effort required to fully research your options before you make a commitment.

What to Look For

The best thing you can do at this stage is to put in the time and effort required to fully research your options before you make a commitment.

Leasing Your Small Premises

Depending on the business model you select for your small business, leasing premises is one of the options you may have to investigate during the design phase of your small business startup.

Purchasing Your Business Premises

Another option is to buy your business premises. While there are many advantages to owning your business premises, it generally represents a significant capital investment.

Setting Up Your Business at Home

Starting a small business from home is a low cost option for setting up your small business but there are a few things you should consider before you hand out your flyers.

Even if your business premises are going to be situated in your home, there are a number of issues you will have to address.

Could you use a Premises Checklist?

Here it is! Just click on the Premises Checklist link to download a printable copy.

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