Interior Design. Friday , July 13th , 2018 - 14:14:07 PM
6) New Landlords, New Dangers
Is the new location of the proposed moved in the ideal place? Does it put you in the middle of high traffic, high business areas of does this put you into the backwaters? Many businesses take the risk of going to a more rural location in exchange for lower rates and larger square footage. What this can end up doing is having a business that is so far removed and detached from the commercial centres that your customers start to feel that way about you as a business. Remember, image is important!
In the UK, office space is high cost. Business rates, lighting, heating, and VAT; not to mention employment costs all add up. However, the highest yearly expense for most companies is the rental of professional business space. The costs have gone through the roof! Many businesses grapple to keep up with the monthly fees that landlords want and in many cases, the lease terms are lengthy and draconian. Any break from these tough contracts can be a fate worse than business death!
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