- Determine how many square feet you need
- Determine what part of the city you’d like to be in
- Some factors that may influence your decision: public transport, highways, nearby customers and suppliers, security etc.
- Do research on the average rental rates in the area
- Find an experienced commercial real estate agent to help you with your search
- Get a lawyer to read your lease agreement before signing anything
- Ensure that you read all the fine print and know exactly what your monthly rent will be with all costs in
- Calculate your break even including the new rent expense
- Don’t sign long leases if you’re a start up
- If possible look for shared space to start off
Tagged as:
10 things to check out before you rent space,
small business space
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