This topic will be in 3 blog parts for simplicity:
For business owners, where you decide to put down roots is one of the most momentous decisions you can take as a business so it pays to give it sufficient consideration.
Maybe you’ve started off in a bedroom or garage, or are just looking for a new place to operate from. Whatever the key drivers are which underlie this decision? We outline a list which hopefully will act help you consider carefully all the important factors which will impact your business.
As mentioned above, in this first blog, we’ll tackle the physical factors influencing your location decision:
Any location needs to enable you to operate as a business as efficiently as possible without excessive costs. These costs can be a drag to growth at any stage of a business cycle, but are most critical in your business’s early stages.
One of the prime considerations should be flexibility.
What do we mean by this?
Well, the length of any lease needs to be carefully considered. Also, whether the building itself lends itself to mixed usage which can be changed as your business grows and develops.
So really, one guiding principle should be finding somewhere that has room for growth and facilitates your evolution as a business.
Understand the physical working space
Try to visualise what the business space will look like and how the space will be configured once you move in. What will it be like to work in?
All those visible and tangible considerations are one of the biggest factors influencing whether you sign on the dotted line or not.
Below are some of the considerations to be thinking about. Its not meant to be exhaustive but should give you some thoughts :
Any location has a particular set of factors which are going to influence your decision about whether you will consider the property seriously or not. And the old location, location, location adage is as true for commercial property as it is for residential.
But there are other considerations which are very different to the residential market. Here are some of the factors you need to be looking at when it comes to the area your business is located in:
So there you have it – a very quick sift through some of the physical considerations when deciding on a new premises for your business.
Of course, you could always save a lot of legwork by coming to the experts – Flexspace, and let us do all the hard work. We have a range of business premises across the country close to major arterial connections, together with some very favourable terms (up to 3 months free for some localities).
Some of our sites have additional amenities like on-site cafes etc. So what better time to contact Flexspace, and see where we can make an offer you can’t refuse. Flexspace: Managed workspace for the modern business.
Call 0800 033 4444 or complete the form today!
You can rent a Flexspace unit for a minimum of 6 months all the way up to 10 years or more.
Most sites have different unit sizes, so you can move and grow with Flexspace. Choose workspace on your terms.
Most of our units are so flexible that you can shape the space to be precisely as you want it to be.
From Cafes to Gyms, Galleries to Labs, we’ve seen and done it all. Choose space to fit your needs.
Flexspace have helped me turn my little dream into a profitable reality! Being a small business owner looking for premises can sometimes be daunting but Loraine and the Flexspace team helped me with every step in finding the perfect solution for my business and I couldn’t be more grateful.
The team go above and beyond to look after their tenants and nothing is every too much trouble. Premises are clean, well maintained and I always feel extremely safe when I’m at work even on those dark winter nights! I have highly recommended Flexspace to fellow business owners – a hidden gem in Peterborough!
Our offices in Blackpool are easily accessible for the people we support, some of whom are in wheelchairs, there is a ramp to the entrance door and disabled facilities. Our offices are nicely decorated, comfortable and affordable.
Our Area Manager is very helpful and readily available should we have any queries or problems. The public areas are kept clean, safe and presentable. She goes over and above the call of duty for the clients.
I have enjoyed renting from Flexspace for the last 3 years and hopefully will be there for a good few years to come. Found the staff very helpful and easy to get on with.
Excellent service, the Centre team are happy to assist with meeting rooms at short notice. They ensure that repairs are carried out quickly. I needed several new sockets in my room and these were provided very quickly with no inconvenience to myself.
The staff are friendly, professional and knowledgeable and nothing is ever a problem.
Flexspace Dunfermline has had a big impact on the growth of my business over the last 3 years. Offering the ability to offer in-house training to clients with the use of the meeting room facilities. The team always ensure that the rooms are set up to the exact requirements I need to deliver the training to my clients. From equipment set up to the supply of refreshments to my delegates.
Having a dedicated team onsite that are always on hand to assist with anything from reception to administration is a real benefit to my business. The staff are always very approachable and nothing is ever too much for them when I ask for their assistance.
RDM Group has occupied buildings on the Bilton Industrial Estate for over 22 years and we have seen many owners in our time. In 2007 ‘Flexspace’ acquired the estate and through their resident manager, we have seen a dramatic improvement in the overall operation of the estate together with a continual investment and improvement program into the buildings, security and facilities which makes the estate an extremely good place for our company to be located.
Big thanks to you and Alan for your efficient handling of the whole process.
Many thanks for your support in our move into new office space, everything has been really smooth and easy even down to ensuring locks were changed and secure.
The facilities are excellent and spotlessly clean throughout and it’s so helpful for us to have access to additional rooms for booking for training events when we need it. We are so glad we made the move into a really pleasant and well maintained working environment.