{"id":14502,"date":"2020-01-06T15:15:00","date_gmt":"2020-01-06T23:15:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=14502"},"modified":"2020-01-03T09:00:23","modified_gmt":"2020-01-03T17:00:23","slug":"priority-list-for-finding-the-right-commercial-real-estate","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2020\/01\/priority-list-for-finding-the-right-commercial-real-estate\/","title":{"rendered":"Priority List for Finding The Right Commercial Real Estate"},"content":{"rendered":"

There\u2019s no two ways around it : technology has made a big impact on the way entrepreneurs think about their business. Indeed, concepts like digital marketing, SEO, and remote employment were virtually unheard of a mere 15 years ago. Yet, nearly every modern company prioritizes its online presence now. Still, despite these many tech breakthroughs, a business\u2019s location and real estate holdings still matter a great deal. With that in mind, today we\u2019ll share four tips that entrepreneurs can use to find the right commercial real estate for their company. Check them out here :<\/p>\n

Make a Priority List<\/strong>
\nWhat\u2019s most important to you and your business? A proximity to a city center, or a good deal on a plot of suburban land? Would you rather buy a property with existing facilities on it, or do you want to build your company\u2019s new headquarters from the ground up. These are all questions business leaders need to ask themselves before they begin searching for a property for their company. Decide what kind of property you want to buy. Doing this early in the process will help you narrow your search and gain a better understanding of the market.<\/p>\n

Assemble a Team<\/strong>
\nContemporary business owners have to \u201cwear a lot of hats\u201d to build a successful organization. Still, many entrepreneurs have never bought land before. If this is the case, then it\u2019s important to discuss your purchase options with professionals. Hire a real estate agent to help you identify potential properties and always bring out a surveyor to inspect the property. They\u2019ll be able to identify problems with it that you may have overlooked!<\/p>\n

Set a Budget<\/strong>
\nBuying commercial real estate can be very expensive. And if you\u2019re not careful, you could end up purchasing a property that is too costly for your startup. Remember also that construction costs are often estimates; in some instances, you may have to spend thousands of dollars more than you originally thought. Keep these things in mind when setting a budget.<\/p>\n

Plan for the Future<\/strong>
\nIt\u2019s important for business owners to play the long game when they buy commercial real estate. Envision what you want your business to look like in five, ten, or even twenty years, and base your purchase decision off both short-term and long-term considerations. Note, you should also think about the nature of your business when selecting a real estate location. After all, a company that manufactures lab equipment like 6 Well Plates has very different office requirements to a car dealership, for instance. Lastly, make it a point to get to know the area around your property. Regardless of the success of your organization, the surrounding neighborhood could have a big effect on the value of your property \u2013\u2013 should you need to sell it down the line.<\/p>\n

4 Tips to Finding the Right Commercial Real Estate<\/a> by Jamie Richardson | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s no two ways around it : technology has made a big impact on the way entrepreneurs think about their business. Indeed, concepts like digital marketing, SEO, and remote employment … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14502","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"\nPriority List for Finding The Right Commercial Real Estate • Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2020\/01\/priority-list-for-finding-the-right-commercial-real-estate\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Priority List for Finding The Right Commercial Real Estate • Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"There\u2019s no two ways around it : technology has made a big impact on the way entrepreneurs think about their business. 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