Choosting An Office
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A place of your own

Finding the right office premises will help you improve productivity, attract and retain     good employees, and give a positive impression of the business to your customers. This briefing takes you through the various stages of looking for an office. It covers:

ˇ        Choosing a location.

ˇ        deciding on the size and type of office.

ˇ        Understanding different types of tenure.

ˇ        The search process and its costs.

The right location

A Look for a location that fits your business needs.

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 Should you be near your customers and

Potential customers?

Some businesses can operate successfully at long distance, using modern technology.

Others know that proximity to their customers is vital.

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Should you be near to other similar businesses?

In some sectors, such as estate agency, businesses benefit from being near to each other, as customers like to shop around.

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 Should you be close to your suppliers?

For example, if you subcontract work that needs close monitoring.

B Decide how accessible you need to be.

ˇ        Should you provide parking for your customers and employees?

ˇ        Should you be near the motorway or a railway station, or an airport?

For example, if your sales team needs travel extensively. Consider the trade-offs between location

and cost.

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• Lower prices in an area with a lot vacant property could mean the bad for business.

Size and type of premises

Work out the requirements for your business.Decide on your total space requirement.

Other Notes in this Category

1. Choosting An Office
2. How a company is run
3. Niche Marketing Vs. Mass Marketing
4. Offensive Marketing
5. Principles of Marketing
6. Sales of Goods Contract
7. SWOT Analysis
8. Types of Business Organisation - Private limited company, Public Limited Company, Sole Trader, Partnership

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