Key tips for choosing a business premises

Choosing the right business premises is one of the most important decisions an entrepreneur or company can make. Whether you're opening a new branch, relocating your company, or launching a retail business, the space you operate in directly impacts your brand image, operational efficiency, and overall business performance.

In this article, we share essential tips and factors to consider to help you make the right choice and invest wisely.

Location 

Location may be the single most important factor. When choosing a location, consider the following:

Accessibility for clients and employees: Is the space easy to reach? How close is it to public transport? Are there enough parking spots?

Proximity to competition or complementary services: In some cases, being near competitors can be advantageous—especially in niche industries.

Visibility and foot traffic: For retail stores or hospitality venues, high pedestrian and vehicle traffic can mean greater exposure and more customers.

Before making a decision, visit the location at different times of the day to assess the real traffic and overall atmosphere.

Space size and adaptability

Assess how much space you truly need. A large area may lead to unnecessary expenses, while a cramped space can hinder growth.

Long-term planning: If you plan to expand your team, consider future needs.

Flexible layout: Does the space allow for adding new workstations, meeting rooms, or storage areas?

Interior customization: Some spaces offer the option to remodel, while others have restrictions due to contracts or building regulations.

Costs and hidden expenses

The surface rental or purchase price is only one piece of the financial puzzle. It’s essential to understand all associated costs:

Utilities (electricity, heating, water, internet) Building and common area maintenance Security deposits and agency fees Potential investments for renovations or upgrades

Request a detailed breakdown of all monthly and annual costs before signing a contract.

Legal aspects – contracts and regulations

Before signing any agreement, pay close attention to:

Lease duration and termination options Rent escalation clauses Permits and usage: Does the space have valid construction and occupancy permits for your type of business?

Poorly handled legal matters can lead to business closures, fines, or loss of investment.

Infrastructure and technical equipment

In the 21st century, a business space must be technologically aligned with your operations:

Fast and stable internet connection Telephone and IT installations Quality lighting, ventilation, and heating/cooling systems Fire extinguishers and security equipment

If the space doesn’t meet these standards, prepare for additional investments.

Image and aesthetics

The space you operate in says a lot about your brand.

A clean, modern, and professionally designed space builds client trust and motivates employees.

The facade, interior design, and overall aesthetic should align with your business goals.

First impressions matter—make sure your space reflects what your company stands for.

Security and insurance

Your business premises must be safe for staff, clients, and assets:

Alarm systems and video surveillance Fire exits and evacuation plans Insurance for property and equipment

It’s recommended to consult with insurance providers to understand what’s covered in case of accidents, damage, or theft.

Surroundings and extra amenities

The surrounding area also plays a key role in business operations:

Nearby restaurants, cafés, banks, and other services contribute to employee satisfaction. Accessibility for people with disabilities Green spaces or rest areas add value to the everyday work environment.

Choosing a business premises goes far beyond just the purchase price or rental rate—it's a decision that directly impacts employee efficiency, productivity, brand image, and long-term growth.

A well-chosen location, optimal square footage, quality infrastructure, and legal compliance form the foundation of a stable and successful business model.

Investing time and resources into thoroughly analyzing all relevant factors is not an expense—it's an investment in the future of your company.

If you’re searching for the ideal business premises or need professional assistance with analysis and selection, our team of experienced agents is here to help, backed by years of market expertise.

Choose a space that matches your company’s ambition—professionally, efficiently, and for the long term.  

Ena-Lemana S.  

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