Setting up shop
There are different options for setting up shop, depending on the nature and size of your business. You may initially wish to work from home, you might consider leasing or you might even wish to buy your own premises to conduct your business operations. In order to determine the best option for you and your business, ask yourself:
- Do you need customers to visit your business? Or are you providing all of your products and services online such that a formal office space is not needed?
- If you need to setup an office, is there a specific area or locality which best suits you and your future employees?
- Does it have good transport and is it close to the utilities you will need most often?
It’s important to forsee the future of your business and invest in premises accordingly. Any plans to expand in the future must be considered when deciding upon the size of your office.