Factors to Consider Before Leasing a Shop
Many entrepreneurs choose to rent business premises rather than buy.
This approach gives
business owners freedom to move elsewhere in the future.
Obviously, getting a shop to let
would tie up less capital compared...
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Factors to Consider Before Leasing a Shop
Many entrepreneurs choose to rent business premises rather than buy.
This approach gives
business owners freedom to move elsewhere in the future.
Obviously, getting a shop to let
would tie up less capital compared to buying your own commercial property.
This can be the
difference between success and failure for startups.
Negotiating with property owners and
agents can be a challenge for budding entrepreneurs.
The following are some of the factors you
must consider carefully before signing lease documents.
This should be the first item on your checklist.
The success or failure of your business venture
will hinge on whether customers can come to your shop.
Choose shops that can be accessed
easily by your regular customers as well as the occasional passerby.
Consider a location that
has parking facilities and local amenities within reach.
This will make delivery of goods easy.
Customers will also be able to drive up to your premises.
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