Working out when is the best time to scale up your business can be tricky, spend a week considering what workspace you need to rent to grow your business.
Look at the space around you. Homeworkers, is it time to free up your spare room or garage? Would renting more office space or a larger workshop improve productivity? A pop up shop or renting a premium meeting room to entertain customers can strengthen a brand’s status.
Look at all employees. A good work life balance and employee health and wellbeing are strong attributes of good business practice. Research points to happy employees being more productive. Give them room to grow.
Look at the books. Make sure the numbers are in order. Seek advice from your accountant or financial adviser. Factor in rental costs, legal and other professional fees, costs of moving, new signage, stationery and branding.
Look at the business plan. Consider seasonal fluctuations, economic and political implications. Is it the right time to add new products or services or is further R&D needed. By increasing business premises or freeing up office, retail or industrial space by renting storage units means busineses can add and take away sqft commercial premises as and when needs. Today’s landlords are offering good, affordable and flexible leases on commercial units throughout the country.
Look at the competition. Entrepreneurs and small businesses are renowned for their ingenuity and flexibility. It’s hard work. Scaling up and taking on a bigger workload is not to be undertaken lightly. That said, seize the chance and make the bold move to make more of your business – make it bigger and better.
Look for suitable premises in the location you want. Search here.
Web-based research can save time and money. Physically viewing units is key too. Find available units to rent on www.boxpod.co.uk Visit sites at different times in the day and week to consider travel times, and accessibility for employees and customers.
Reflect over the past week. What results has the workout produced? Look over the pros and cons. Is it time to scale up, find more space and grow your business? The one week workout doesn’t mean you have to move now – take time to consider options and find the best business premises to rent. #businessgrowth.
If you have vacant business premises, advertise them on Boxpod.