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LOCATION/PHYSICAL FACILITY

Here's a checklist tomake this critical decision
Business climate in community
Proximity to target market
Adequacy of utilities
Access to supplies, materials
Type and cost of lease
Relation to competitor locations
Adequacy of police and fire protection services
Estimate of site quality 10 years from now
Provision for future expansion

Need assistance in locating a site? Help is available from:
Realtors specializing in commercial and industrial property.
Your bank or insurance agent.
The Chamber of Commerce in your area.

Physical Facility

Buy, build, or lease? Buying or building involves a large cash
outlay and may also limit future relocation. Leasing may be
the best course of action.

Major considerations:
Zoning: Any exemption or change needed?
Remodeling: Are building and use permits required?
Added Costs: How much repair or remodeling is necessary?
Lease Terms: What are the options to renew or cancel?
Rental: How determined? How about subletting?
Size: Is there room for future expansion?
Storage Capacity: Is it enough?
Parking: Enough?
Insurance: Consult your agent.
 

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