Maximizing Your Investment In Commercial Premises

“Up until now you might have been working remotely, renting buildings, or perhaps cousin office space. Depending on your needs, commercial premises can quite literally define the shape of your business and expand it more than ever.”

Three focuses of my blog are Business/Entrepreneurship, Organizational/Management Discussions and Workplace Discussions. A major part of your business is your commercial premises. Ensuring that this component is solid can help maximize your business operations. The following contributed post is entitled, Maximizing Your Investment In Commercial Premises.

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Taking ownership of a commercial property is a big milestone in the life of your business. Up until now you might have been working remotely, renting buildings, or perhaps cousin office space. Depending on your needs, commercial premises can quite literally define the shape of your business and expand it more than ever. For example, it’s one thing to outsource your manufacturing, it’s quite another to bring it in-house.

There are so many different type of commercial premises, from warehouse to restaurant to office block to factory that giving all-encompassing advice to every single one of these would become irrelevant after a short period of time. That’s why, in this post, we’ll discuss how to maximize your investment so that over time, this space pays more dividends on both a financial and operational level.

Without further ado, let’s consider how you might go about that:

Zoning Restrictions

Of course, depending on the zoning laws in place, how the land can be used, how local authorities can be interacted with, what restrictions are in place (such as sound pollution) and your capability for developing the commercial real estate you have will differ. For the best outcome, it’s essential to use the advice of zoning lawyers with real insight not only into the law, but your local area as well. They not only ensure you make the right investment in commercial property, but that its use is thoroughly optimized not only now, but over the years as well. For example, negotiating development rights can potentially determine exactly how the space might be used for the next thirty or so years. It’s always important to think into the future when determining the use of your commercial property.

Energy Efficiency & Sustainability

Many companies have a sustainable mission they not only use to market their brand, but to hire conscious employees, and to make their operations more affordable in the long run. As such, it can be wise to think about how to integrate efficiency measures now, such as space for biofuel, recycling integrations, and solar panels installed atop your roofing. You can also look into green space initiatives to develop a more pleasant environment for your staff.

Integrating People-First Solutions

It’s easy to think of a building or real estate as its own functional entity, but really, these constructions have been defined to assist people in whatever their tasks might be. For example, integrating people-first solutions can be a fantastic place to begin designing the premises to your needs. That might involve purchasing part of a car parking area for your staff, integrating new smoke shelters or secure bike sheds, and defining space for staff lockers, kitchens, wider restrooms, and more. Consider how your people-first solutions will influence your staff satisfaction in the best possible light. Doing so could help you curate a better, more effective workforce.

With this advice, you’re certain to maximize your investment in commercial investment, not only via its long-term value, but in how its implementation will benefit your daily operations in the long run.

Keeping Your Business Premises Presentable

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. In addition to your business running at maximum efficiency, you want it’s appearance to be as impeccable and appealing as possible. The following contributed is entitled, Keeping Your Business Premises Presentable.

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Business premises of any kind should always look presentable. Whether you welcome clients or customers to your premises or it’s just your staff who sees them, it’s essential to keep your premises looking smart. It projects a good image of your business, and it helps to keep up morale among your employees. Maintaining your premises is something that can be very easy to neglect if you’re not careful. You’re focused on what seems like more important matters, so it might not be at the top of your list. But there are several things you can do to make sure your business is presentable at all times.

Set Standards for Staff

Your staff needs to be able to pitch in and keep your premises clean and tidy. You might not expect them to carry out cleaning duties, but it’s still reasonable to expect them to help maintain tidiness and cleanliness. You definitely don’t want them doing anything that actively makes the place messier, so it’s reasonable to expect them to clean up after themselves. Make sure you set certain standards for your staff so that they know what’s expected of them and what responsibilities they have to help keep your business looking smart.

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Declutter Regularly

Regular decluttering is a must for any business. It’s something that you might think to do at home but don’t consider when you’re at work. Lots of different types of clutter can start to accumulate, from cardboard boxes from deliveries of supplies to old pieces of equipment that aren’t useful anymore or paper records that you no longer need to keep. Decluttering at least once or twice a year will help to ensure you get rid of anything that you no longer need. Unwanted items can be recycled or perhaps even sold to recoup some money from them.

Use a Cleaning Service

For many businesses, it makes sense to hire cleaners and maintenance people. Using a janitorial company to help keep your premises clean is smart if you want to keep up appearances. It can also help to ensure you are always stocked up on essential supplies for bathrooms or other areas of the business. Many companies can offer daily or weekly services, as well as less regular cleaning options. If you need carpets or other flooring cleaned occasionally, they can often help with that and other tasks that might be required now and then.

Stay on To of Maintenance

Good maintenance is also important if you want your business premises to look presentable at all times. Anything that looks rundown or isn’t working as well as it should can make your business look scruffy. Take care of any problems as soon as you can to ensure they don’t get worse over time. By staying on top of maintenance problems, you can keep your premises looking smart and inviting. Sometimes you need a fresh coat of paint or a quick repair.

Your roof

Your roof is one of the most important aspects when it comes to maintaining your business premises. Neglecting the roof can cause a lot of problems, including dampness or leaks entering your premises. Make sure your roof is checked regularly, and any necessary repairs are carried out promptly. You should also check that the guttering is in good condition, as debris can build up and cause blockages.

Get in touch with a metal roofing contractor to ensure your business premises remain to look presentable and in top condition. This will also help to protect your premises from the elements and reduce any potential problems that might arise from poor roof maintenance.

Keep your business premises presentable and they will be better for your employees, customers, or any other visitors.

Ways to Enhance Your Business’s Premises

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A key aspect of your business for those on the outside is its appearance. Not only do you want your business to run smoothly, but you also want it’s appearance to be top notch. The following contributed post is entitled, Ways to Enhance Your Business’s Premises.

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If your business’s premises are looking a little lackluster and it’s time to make some changes, we’ve got some ideas for where you should start. The place where you’re based and your team does its work needs to meet the right standards if you’re going to achieve lasting success. Here are some changes, big and small, that’ll help improve your premises and ensure your business has the foundations for success firmly in place.

Get Rid of the Clutter

First of all, you should work at getting rid of the clutter in your workplace. When you have a workplace that’s filled with junk and clutter, it stops your team from making the most of the space. It can even have an impact on the psychological side of how your employees work. Feeling overwhelmed and surrounded by clutter isn’t conducive to good work.

Create Private Spaces

Your business needs to have a range of different spaces for different kinds of work. Private spaces allow small teams to work together away from the rest of the group. Try to create an environment that can incorporate and facilitate different kinds of work. Many workplaces are simply open plan today, but that can become a problem if there aren’t private spaces too.

Get the Branding Right

Branding the workplace correctly is something that you’ll need to work on and get right. This is important if you’re regularly meeting with clients in your office because you’ll want to create a professional space that creates the right impressions. Those touches of professionalism make a difference so don’t overlook them when decorating your office and bringing it all together. It can also create a better environment for team working too.

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Have a High-Quality Roof Installed

Safety and long-term durability are massively important when you’re making changes two your business’s premises. You might want to explore the options offered by metal roof manufacturers and see if you can improve the structure of your premises. Of course, it’ll depend on what kind of business you run and what kind of internal space you currently operate. Ensure it offers quality and lasting durability and have it installed by professionals who know what they’re doing.

Improve Security Measures

Finally, you should start looking at ways in which you can improve the overall security measures present in your workplace. Premises that aren’t secure are always going to be seen as easy targets by burglars and criminals, so it’s important to ensure yours isn’t seen that way. Improve security and ensure it’s impenetrable at all times of day and night in order to prevent any security breaches.

As you can see, there are plenty of great ways to enhance your business’s premises. It doesn’t have to be hard work, so make the most of the tips and ideas that have been outlined above. Doing so will help you get more from your place of work and allow you to create a headquarters you can be proud of.

Routine Tasks For Your Business Premises

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. If you have a ‘bricks and mortar’ business, it’s critical to keep you business premises in top condition. In order to do that, there are some tasks that you have to stay on top of regularly. The following contributed post is entitled, Routine Tasks For Your Business Premises.

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Your business premises are much more than just the place where you physically work. They’re a reflection of your company, they can help solidify your branding, they give your visitors and customers an insight into who you are as a business. So it’s important that you’re spending some time to ensure that your office or store is in tip-top condition. If you don’t, you may be unnecessarily hurting your venture, for no good reason at all. Below, we take a look at a few of the routine tasks you’ll want to complete to keep your premises in tip-top condition.

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General Wear and Tear

Anywhere that sees flurries of activity is going to suffer from general wear and tear over time. As such, you’ll want to conduct regular checks to ensure that there’s nothing that’s seriously undermining the quality and appearance of your premises. When you’re so “close” to your surroundings (you work there, after all), sometimes it happens that those small damages pass us by. But if enough of the small matters are left untreated, we’ll eventually end up with one big issue that seriously compromises the quality of our building. Stay proactive, and promptly take care of any damages.

Maintaining Standards

It’s not just the little scuffs and damages that you should be aware of, either. You’ll also need to work on maintaining the overall standards of the building, so that you’re not inadvertently presented with a big problem. Think of your business premises in the same way you do your house: you can’t let things run on autopilot, they need to be actively managed. Some areas of your building, such as your roof, can severely disrupt your business operations if they suffer damage. To ensure you don’t arrive to a damaged interior after heavy rainfall, looking at having your roof inspected by a commercial roofing contractor. Other areas include the electrics and the heating system; if they’re not working properly, both of these things can cause long-term damage.

Updated Decor

Your decor might have looked the part when you first opened, but this isn’t going to be the case forever. After a few years, it might be that your interior is beginning to look a little dated and worn. While it might seem like one of those tasks that can be delayed for another day, just think about the first impression your visitors will have of your company. It won’t be positive! And talking of first impressions, take a look at your exterior, too. Some businesses have well-designed, modern interiors, yet forget to do anything about the outside area of their premises.

Clean and Tidy

Finally, remember that there really is no substitute for having a clean and tidy office or store. It’s an essential ingredient! What type of cleaning your premises needs, and how frequently, will depend on the type of space you have. If you’re not sure which way you need to go, then work with a company that offers cleaning services to do the job for you.

Heading To A New Commercial Premises In 2019? Here Are Some Things You’ll Need To Consider

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Most successful business enterprises eventually reach a point where moving to a new location makes sense. A change of location requires a lot of thought and consideration. The following contributed post discusses this and is entitled, Heading To A New Commercial Premises In 2019? Here Are Some Things You’ll Need To Consider.

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Who knows what new heights of growth, prosperity and productivity 2019 will bring for your business? You may well find that this is a transitional year for you. A year in which you outgrow the limitations of your current business model, throw out the rule book and rewrite a new one as you go along. This can be extremely exciting and liberating… It can also be kinda scary! As you take baby steps down the path to sustainable growth you may feel like a novice all over again, grappling with the inherent challenges of growth like you’re still a year one entrepreneur.

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This is all part of the learning curve of entrepreneurship and should be embraced. Take searching for a new commercial premises, for example. When you first started out and were trying to make waves in your community and industry, your selection criteria for a premises was probably pretty simple. The only real question was “what’s available”. Now that you’ve reached a period of growth, however, you need to think a little more strategically. You’ll need to consider…

Footfall

Not only will you have to consider footfall in a very general sense, you’ll also need to consider exactly which feet are falling as they pass your business. Do the passers by match your target demographic? The best market research you can do is position yourself outside for a couple of hours and take notes about the age groups, genders and groupings of people who pass by your prospective new place of business.

Surveying

Whether you’ll be moving into a purpose built commercial premises or making one from scratch on a newly acquired plot, you may need to consider the surveying needs of the project. These may have a knock-on effect on your budget and moving date. Potential surveying needs may include;

• Topographic surveys
• Property boundary surveys
• Zoning and land use investigations
• Subsurface utility mapping surveys

Knock-on effect on punctuality

Your new premises’ location may well have a knock-on effect on your employee punctuality and productivity. How easy is your new premises to get to from where they live? What is the parking situation like compared to where you currently do business? You may find that even if you’re able to find a spot in a great location in terms of customer footfall, it may be harder to get to and park in for your employees which could have a residual effect on punctuality and productivity, especially if employees wind up fighting over parking spaces.

Layout

Your premises’ layout can have a knock on effect on productivity and profitability whatever the nature of your business may be. For retailers, for example, it’s essential to have your store set out in a way that makes the products easy to find and showcase, while lending a sense of journey and progression as customers move around the store.

Security

Security is an important consideration for all kinds of businesses. Will your site be safe and secure from prospective thieves or saboteurs? Will the site have its own security staff or will you be expected to provide your own? Will the lease agreement prohibit the installation of CCTV cameras, fencing, window bars or other anti-theft measures?

Physical security is important, but let’s not forget digital security too. Premises using a shared Wifi network, for example, can face potential security risks that could compromise your data.

If you shop around for a new premises with the above in mind, you’re likely to find a great fit for 2019!