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by Bryan Kress
I have
developed a business plan and have started my own business while
pursuing my undergraduate degree in Economics & Finance and
Accounting. I have ...
Article Word Count: 506 [View Summary] Comments (0)
While you have been planning for your business it's no surprise that
must figure out where the operations will take place. There are many
options for all businesses, but which one is right for you and will
help you save the most time and money?
Of course, some businesses do require a large warehouse to start
production. This brief summary of finding a right location will most
likely help the small business owners working from home. Larger
companies seeking places for production should try to look outside
the box. The first place to look is locations that will offer tax
incentives for bringing business to an area or moving your company
into an old historic factory building. Generally, you can get a
great deal and be considered somewhat of a philanthropist to the
community. This helps your image and your pocketbook.
For the small businesses working from home either looking for a
larger office space or just trying to get out of the house there are
some great options for you. Over the past few years business
incubators have been popping up all over the country. Actually there
is about 800 throughout the USA. What is a business incubator?
Incubators offer small businesses office space with computers,
conference rooms, fax machines, copy machines, and much more at a
low cost. They even tend to be month-to-month leases. In fact, many
incubators offer more accessibility to advanced technology than some
medium sized businesses. This is also a place for you to network
with other small business owner's and to learn from the challenges
they have faced. This alone is well worth you starting at an
incubator and you can't beat the cost compared to office space in
the community. To find your closest location go to
http://www.nbia.org/ .
The next best option for most startup businesses is finding a
location in a downtown area in your community. Most of the time you
can find affordable office space from small professional firms that
are trying to fill office space to help subsidize cost. If you want
to be a true entrepreneur you can buy a historic structure that can
be used as office space and rent out the remaining space to other
businesses. The reason for the emphasis on the historic structure is
that many communities are offering many incentives to relocate
businesses back into their failing downtown region to help
rejuvenate the downtown economy.
Of course, you can work from home, but working from home may end up
tying up more of your time depending on the distractions. This can
include family, friends, neighbors, or chores. Remember if your
trying to get your business off the ground and help it reach its
full potential you have to stay dedicated and focused. But, it is
nice being able to work in your pajamas. Just keep in mind that the
options for you to work outside of home are affordable in most cases
and maybe worth it if you can gain valuable connections through
networks outside your home.
I am in my last year of Accounting and Economics & Finance. I have
worked for any industry out there from farming, fast food, retail,
cold calling, personal lending, and consulting. I am young in age,
but experienced well beyond my years. I now own three companies and
host my own radio show while wearing many hats throughout the
community.
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2775 West Dickman Road, Battle Creek, Michigan 49037