Professional legal advice will tell you that there are many different criteria to finding the best lease, but before you can even start to look at what is in the lease you have to find a property that suits. Here are some tips to help find the property best suited to your kind of business.
- Know your target market. Only by knowing the market and where they are likely to be can you be sure of putting your business in the same place. While location is not that important for some, it can spell success or disaster for others. So if you have a coffee shop or a butcher’s shop you need to be right where the foot traffic is, but also where there is plenty of parking. If you sell bulk supplies of timber or hardware your business will be in the industrial area. But you’ll need room for larger vehicles to drive in and access their goods rather than multiple parking spaces for cars.