Choosing a space for your business is also an essential part of the entire process. There are many offers in the market that you will come across. In the most ideal case, it is possible to use the services of an experienced real estate agent. If you have embarked on this difficult journey, several hours of searching on the Internet and personal tours of the premises await you.

Location

First of all, you need to think about the location. Paying attention to whether people who could be potential clients move around in this space. Get an overview of direct and indirect competition that is located in the near and distant surroundings. To be interested in the given area and its potential for the future as well. It is very advisable to look at the spatial plan and reports on the planned construction in this location, due to the upcoming construction that could prevent this potential and thus limit the number of possible clients.

The subject of business and related technical parameters

An equally important criterion is the subject of business, which must be taken into account when choosing the size of the premises, the number of rooms, parking spaces, etc.

It is ideal if you find out in advance from the relevant authorities, based on the subject of your business, what requirements you must meet, e.g. forced ventilation, cooling, number of toilets, and others. The vision of the company's future direction is also related to this. It is also necessary to think about a possible expansion of the company.

Investing in real estate vs. lease

Last but not least, the financial possibilities of the future entrepreneur are taken into account when choosing a suitable space. Renting business premises is one of the solutions. In this case, you need to thoroughly review the lease agreement and the space you are interested in, and pay attention to every detail. Ask all relevant questions related to your business, such as length of lease, terms of use of the space, possibilities for its changes, etc.

In the case of a purchase, you do not have to submit to a lease agreement and be constantly on the lookout for a rent increase. At the same time, the price of real estate is constantly rising in the long term, and by buying commercial space, you can ensure a return on your investment, especially if you rent out the space.

Buying "from paper" vs. used space

There is a wide variety of offers on the market that are immediately available. This is their obvious advantage if you need to use the space immediately. At the same time, if it is an older property, the purchase price may also be lower. Possible reconstruction or higher investments in unexpected repairs that will occur sooner or later are treacherous.

If the business plan allows it, buying from paper is the ideal choice, as it provides interesting possibilities. The indisputable advantage is that you can complete the space according to your own ideas and needs. Another is the lower price, but it gradually increases as the construction is completed.