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Adele Baaini : How to Land a Commercial Space for your Business

To secure a commercial space for your business, start by identifying your specific needs, such as location, size, budget, and amenities. Conduct thorough market research to find potential properties that meet these criteria. Engage a commercial real estate agent to leverage their expertise and network, helping you navigate the leasing or buying process. Once you identify a suitable space, negotiate favorable lease terms, considering factors like rent, duration, maintenance responsibilities, and flexibility for future expansion. Ensure all agreements are clearly outlined in the lease contract,

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Adele Baaini : How to Land a Commercial Space for your Business

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  1. How to land a commercial space for your business

  2. 1 DEFINE YOUR REQUIREMENTS Business Needs: Determine the type and size of space required. Budget: Establish your budget, including rent and additional costs. Location: Choose an optimal location based on customer accessibility and business type. ADELE BAAINI

  3. 2 MARKET RESEARCH Neighborhood potential neighborhoods and their demographics. Competitor Locations: Identify where competitors are situated. Foot Traffic: Assess the foot traffic in the area. Analysis: Research ADELE BAAINI

  4. 3 FIND A COMMERCIAL REAL ESTATE AGENT Agent Selection: Choose an agent specializing in commercial properties. Consultation: Discuss your requirements and expectations with the agent. ADELE BAAINI

  5. 4 PROPERTY SEARCH Listings: Review property listings and visit potential sites. Pros and Cons: Evaluate each site’s pros and cons. ADELE BAAINI

  6. 5 FINANCIAL PREPARATION Financial Statements: Prepare your business’s financial statements. Credit Check: Be ready for a credit check by the landlord. Funding: Ensure you have the necessary funding or financing in place. ADELE BAAINI

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