A recent article, Some Tips Before Moving a Home-based Business to Commercial Space by Allen Buchanan says that as your small, home-based business grows, a more desirable and professional business office location becomes a necessity. As your business requires you to hire employees and your clients and customers come to visit regularly, these two are both clunky to accomplish from home.
Here are some of the things you need to consider before moving your home-based business into a commercial real estate location.
Once your business moves to a commercial office space, you’ll need to pay monthly office rental and utilities such as light, water, internet, phone and janitorial services. Moreover, most commercial landlords will require a lease term of at least one year; therefore your business is obligated for this amount of rent.
Though you already have a business license for your home-based business, you’ll need to secure a permit to operate your business from a commercial location. In addition, the city in which your business locates will require you to secure occupancy permits as well.
Look for a business location near your home as much as possible to save on the commute time. Also, Make sure the location is accessible to your employees and your clients.
- Lease or buy
Buying a location is a great deal in a business’ tenure, but not right away. For the meantime, find and lease one of the fully furnished offices for rent near your place, make some more money, hire some employees, get your business well established, and decide to buy down the road.
These tips will help you decide to move your home-based business to a commercial space. As your home office is no longer suitable for your growing business in Philly, YourOffice Philadelphia offers you a wide choice of office and workspace solutions: small office space Philadelphia, executive suites Philadelphia and meeting space Philadelphia. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.
Any other things to consider when moving to a commercial office? Feel free to share your thoughts and comments below. You can also visit us on Facebook and Twitter.