Tips on Selecting the Perfect Office Location

Published Monday, July 15, 2013
by MMiller

Your business has recently experienced rapid growth. Because your recent success forbids you from working out of your home, you’ve decided to begin looking for an office space.

Selecting an office location can often be a difficult task. The success of your business will largely depend on the location of your office. Gaston County has become an economical and attractive choice for new businesses as it?s the third largest county in the Charlotte region. Gaston County EDC provides a number of resources available to help your new business succeed.

Below are factors that should be carefully considered before making a commitment to a space.

Location Costs

The costs associated with renting a commercial space will greatly affect your chosen location.

Before you begin to look, you need to factor in your total monthly expenses. How much does your business pay in bills? How many employees do you plan to hire? Will you need to purchase internet service and pay for other utilities? These are all important questions that must be answered.

Similar to renting an apartment for personal use, business owners should stick to the 30 percent rule. Find a commercial space where the monthly rental payment equals less than 30 percent of your gross profit.

Advantages of Transportation

Gaston County transportation is another important factor to consider when looking for an office to rent. Gaston County North Carolina has access to all types of transportation. It?s important to have space close to major freeways and multiple forms of public transportation. Not only will these increase business, it also allows your employees to easily commute to and from work on a daily basis. This will have a positive impact on clients who need to visit your office location.

You have to remember that parking is also important. If you plan to rent an office space in a large metropolitan area, parking will most likely be difficult. Choose a building that is within close proximity to a parking garage or has a parking garage of its own.

Target Customer Market

If you plan to do business with local customers, have you done research on your target market? This is very important when looking for an office space to rent. Search Gaston County sites and buildings with the easy interactive search map. Browse areas which include available sites and buildings in your target market.

You need to make sure that the area surrounding your business can provide enough profits to support you on a long term basis. Before you begin looking for an office location, do extensive research to find out information about any potential competition and the percentage of market share that you think is attainable. If the area is saturated with competition, search elsewhere for an office location.

A continued investment in business and community development and economic diversification, has made Gaston County an economical and attractive choice for new businesses. Contact Gaston County EDC today and speak to one of our experience economic development staff members.

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