Tips when buying a business premises

17/03/2020

Entrepreneurship is a great professional leap, regardless of the field in which economic activity is carried out, and it must have a dose of coherence and planning, but also of courage. One of the first steps for many entrepreneurs is to find an appropriate place in which to carry out their project, a space that will become their second home. In its importance lies the need to find the perfect place. What are the keys to keep in mind in order to ensure one hundred percent?

Function and utility
The type of premises you will need will vary depending on the use you will give it, given that each type of business requires a different space depending on what it is used for. It seems obvious, but it never hurts to remember that the needs are not the same for a 'co-working' space as for a restaurant. Selecting the location based on our needs and certain objectives will help us narrow the search. For this, you must be clear about what you will do in it and how you will carry out said commercial activity that we want to carry out. If it is going to be open to the client, ask yourself how many exhibitors will be needed, how many tables do you want to place or how many items do you want to place inside the premises. If it is a closed space, ask yourself, among other things, how many you will be on the team. You know your business better than anyone.

Legal and regulatory advice
We must be aware of the current regulations in establishments in our area. Both municipal and urban planning, essential to avoid problems before the acquisition of the property. It is interesting to request a Certificate of Urban Development to see what type of activity we can install. It is important that our premises comply with the health regulations and the requirements that ensure the safety and integrity of the premises. If it is conditioned, clean of pests, free of humidity ... When you decide on a property, the first step is to go to the property registry. It is important to know the registered data related to the property, to avoid last minute scares. Afterwards, it will be necessary to sign the down payment contract and the deed, in addition to assuming the processing costs and taxes, which represent around 10%

Location
We must do everything possible to make the space accessible to our customers and our suppliers. Analyze the possibilities and prices to be clear in which area it will be easier for us to be visible and accessible to our public, saving as much as possible so that the investment is more profitable.

 

Distribution
The size and surface, that is, the useful square meters, are essential to choose the perfect location, since the space you need will depend on the activity you are going to carry out in it. The size of the surface will be determined by the type of commercial activity that we want to carry out. If it is going to be open to the client, ask yourself how many exhibitors will be needed, how many tables do you want to place or how many items do you want to place inside the premises. If it is a closed space, ask yourself, among other things, how many you will be on the team. You know your business better than anyone.

Legal and regulatory advice
We must be aware of the current regulations in establishments in our area. Both municipal and urban planning, essential to avoid problems before the acquisition of the property. It is interesting to request a Certificate of Urban Development to see what type of activity we can install. It is important that our premises comply with the health regulations and the requirements that ensure the safety and integrity of the premises. If it is conditioned, clean of pests, free of humidity ... When you decide on a

property, the first step is to go to the property registry. It is important to know the registered data related to the property, to avoid last minute scares. Afterwards, it will be necessary to sign the down payment contract and the deed, in addition to assuming the processing costs and taxes, which represent around 10% of the purchase price. Although some premises must meet more requirements, the minimum safety and sanitation must be present in any space.

Competition
As good as your idea is, it will lose its impact if it is surrounded by direct competitors. It is important that your location is located in a strategic area that helps you from the beginning to plan your business successfully. We can determine the type of premises we will buy by observing what the competition's premises are like and how they develop their business.

We hope that after reading these tips you will have less doubts when buying a commercial premises. We know how difficult it is to make a decision of this type, make sure you have documented and prepared before making the purchase of your life.

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