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It’s no secret that many people decide to quit their day jobs and start businesses working from home. Doing so is arguably the cheapest, lower-risk way to build a brand as you get to keep your overheads to a minimum.
However, many people find their businesses grow to a point where it’s not viable to continue working from home, and they must secure commercial premises to continue developing their enterprises.
You’re likely here today reading this blog post because you built a catering business from scratch, and you currently work from home. But, you’re now finding that you simply don’t have the physical space to keep up with growing demand from your clients.
With that in mind, it makes sense to move your home-based business to commercial premises suitable for your catering business. But, what is the best way to proceed? The following hints and tips will give you some helpful inspiration:
Find Suitable Premises
The first thing you need to do is visit a few commercial premises that are available to lease or buy. You will undoubtedly have a good idea of how much space you need for preparing and storing food, along with the equipment you need to conduct your business.
It goes without saying that you should prioritize existing commercial kitchen or catering premises, as it means you’ll need to buy less equipment for your business. However, if you choose such a property, you must ensure everything supplied is clean and working well.
For example, you’ll need to check the air exhaust system operates correctly. In some cases, you may need to hire a company that does kitchen exhaust system cleaning.
Negotiate the Price
You must make sure that the price you pay for your lease or property purchase is fair and affordable. Keep in mind that all prices are often up for negotiation, so don’t assume that an advertised lease or sale price is set in stone.
You’ll also need to consider that other costs are usually involved with rentals and commercial premises purchases, such as taxes, insurance, and so forth. Make a note of those so you can offer a price that works out better for your budget.
Organize Your Insurance
Another thing you must do is ensure that you have the right insurance for your new business premises. You’ll likely need to pay more than you do at the moment, especially if you move somewhere that is considerably larger than your workspace at home.
If you have employees, you must consider insurance that covers them at your new premises, such as employer’s liability cover. It’s an essential type of insurance and one often required by law in many parts of the world.
Tell Your Customers
Last but not least, you need to ensure that your target audience – your customers – (and suppliers, for that matter) know about your location change. That way, you won’t get any clients or deliveries accidentally made to your home.
Consider using the event to offer a promotion to your customers and boost sales to help you cover your moving costs.