There are many opportunities for people that want to start their own business now than there was years ago. During this economic stress landlords that didn’t consider pursuing smaller tenants are now looking to expand their business and are willing to take small tenants.
Large spaces that have now been divided into smaller ones are helping out those people who have thought of starting a new business but were afraid of the commitment to a large space. The number of small spaces tenants can consider in their searches has increased.
Many people think that when you start a business, leasing office space is not a really important thing because you have that extra room in home you can now use as an office. Yes, having your business run from your home can save you some money. But is it really saving you money.
Many customers or clients seem to feel that a business with a permanent address other than someone’s home is less likely to be a flaky business, and more likely to be able to deliver on guarantees. Which means some potential clients can change their mind about doing business with you.
Another consideration that you may want to think about, particularly if your business is mature, is that businesses with outside locations tend to be easier to sell and to bring higher prices. For one thing, the new owner doesn’t have to scout out a new location and go to the expense of moving; for another, customers and clients are already accustomed to visiting a particular office and can continue to patronize it despite the new ownership.