There are different options for setting up shop, depending on the nature and size of your business. You may initially wish to work from home, you might consider leasing or you might even wish to buy your own premises to conduct your business operations. In order to determine the best option for you and your business, ask yourself:
- Do you need customers to swing buy your business or are you providing all products and services online such that you don’t need to setup a formal office space?
- If you need to setup an office, is there any specific area or locality which will be best suited for your and your future employees?
- Does it have good transport and is it close to the utilities you’ll need most often?
It’s important to keep in mind the future of your business and invest in premises accordingly. If you are planning massive expansion in the future it may be a good idea to bear that in mind when deciding upon the size of your office.