In the past, the adage “what are the three things most important in business? Location, location, location” was true. Today, it is for some businesses and less so for others. If you will have a brick and mortar location, there are many things to consider. You will want to spend some time researching:
Where are your current customers, and where will new ones come from?
Where are your employees?
What does the parking look like?
How will you receive and ship goods out?
What are the costs of doing business – utilities, taxes, etc.?
How difficult will it be to find the ideal employees?
Some great information on how to understand commercial real estate is available through Gerspacher Real Estate Group
Help Selecting a Location
Finding Property in Medina County
Information on Commercial Leases
SCORE – Steve Strauss answers “How much is negotiable?”