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Blog Ideas That Make Money

With technology turning into a growing human necessity, blogging is rising as one of the best ways to boost your visibility and reach online. It is also a great way to make a great amount of money online, the best part being that you are in charge of everything about it. From deciding where your […]

What Seniors Need to Know About the Costs of Memory Care

When seniors and their families first tally the price of dementia support, sticker shock looms large. Specialized wings often outpace ordinary assisted living, and rates swing widely by state, service level, and building age. Yet price sheets reveal only part of the picture. Memory care facilities—communities built for cognitive decline—blend medical oversight, secure design, and […]

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3 Tips For Finding The Right Building To Start Your Business In

If you’re wanting to start a new business but want to be sure that you get everything set up for yourself correctly, one element that you’ll want to make sure you get right is choosing the right building to run your business from.

While some people are able to start their new businesses from their home, if you’re needing to actually work out of a commercial space, there are a few things that you’ll want to consider as you seek out the right spot. To help you with this, here are three tips for finding the right building to start your business in.

Think About Your Business Needs First

When deciding the building that you’ll run your business from, you want to make sure that you choose a place and location that will best suit your business needs. But to do this, you’ll need to think clearly and deeply about what your business needs are.

Based on the type of business you’re wanting to start, will you need to make sure that the building has sufficient heating or cooling to meet certain requirements? Do you need to be in a place where you’ll get frequent foot traffic so that more people are coming into your store? Will you have a lot of items coming in and being shipped out so that easy access for trucks is vital? Once you know these kinds of things, you can better determine if a specific building is going to work well for you or not.

Prioritize Convenience

Something else that you’ll want to prioritize when you’re trying to find the right building to run your business out of is convenience. Not only convenience for you, but convenience for everyone that’s going to be associated with your business.

If you’ll have customers or clients coming in, you’ll want to make sure that there’s safe and ample parking for them. And if you’re going to be driving into work each day, finding something that’s close to where you live will make your workdays easier.

Consider Your Close Competition

Another factor that should weigh on your mind when choosing where you operate your business from is what the close competition is like.

For some businesses, having close competition can encourage customers to comparison shop, which could benefit you. But in other situations, having someone near that’s doing the same type of work as you are can drive business away. So before you settle on a location, make sure you know what the local competition is like and how you feel about being near these types of businesses.

If you’re looking for a building to house your new business, consider using the tips mentioned above to help you find the perfect place to launch from.

 


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About The Phat Startup

The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

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