Selecting the right option for accommodating your business is one of the most important decisions when getting started. The location you choose will depend on the nature of your business, for example: retail, manufacturing, or professional services. It will also depend on few circumstances where you have to consider some aspect before entering into any agreement to lease or buy the premises.
Generally, there are six (6) types of premises and locations to take into account:
- Home Based or Small Office Home Office (SOHO)
- Virtual Office (VO)
- Business Incubators
- Commercial Area
- Industry Area