Tag: business

How to Find the Perfect Location for your Business

Where should you start your search for the perfect location? Damon Becnel says the location is important because it can have a huge impact on how successful your business is. Some businesses, such as restaurants and stores, need to be located in highly populated areas with plenty of potential customers. Other types of businesses can thrive in less crowded locations that allow them more freedom to grow. This article will discuss some steps that will help you find the perfect spot for your new business!

Consider your current location

The first step is to consider where you are currently located. Is there a way that this current location can help your business? For example, if you work from home and have a large enough property, renting out part of it for commercial purposes could be an excellent source of income! Also, consider how much time and money will go into moving or remodeling the space before it becomes a viable option for your business. If either one takes too long, determine if another location might better suit your needs instead.

In some cases, looking at other locations isn’t necessary because staying put works just fine with what you already have available to use. You may even discover new ways to use the space around you, which will allow customers to come to you. The key is to use what’s available and go from there!

Research what type of business you want to open and the demographics in that area

Once you have decided on the type of business you want to open, it’s time to do some research. Look at what types of businesses are already in your area and how successful they are. It may also help see if there is a way for your business model or product line to create something new or fresh amongst nearby competitors.

The next step is looking into who makes up the demographic within your business’s area. Consider age, income level, race/ethnicity, gender identity, sexual orientation, etc. These demographics can impact many things about starting a small business, including the affordability of products & services being offered and marketing ideas and customer service practices, among other things! Knowing this information ahead of time can help you adapt your business accordingly and create a successful location.

It may be beneficial to look into the average income level of those who live within that area and other factors such as cost of living, crime rates, etc. So you have a better idea what type of expenses might come up for both starting and running a small business! You will also consider these things when determining how much rent or property taxes should be paid each month/year. Depending on where your new business is located, this could make or break your company financially before it gets off the ground!

Look for a space that is available, affordable, and has good traffic flow

Once you have determined the type of business you want to start and researched your demographic, it’s time to look for a location! In addition, consider whether or not starting small will be beneficial or if you would rather go all in from the beginning. Think about how much traffic flows through this area because depending on what kind of business you are opening, either one could make a big difference!

Take note of any other types of businesses nearby since these can affect your customers. It may also help determine how loyal they might be, which is important when determining pricing strategies and marketing efforts, among other factors related to running a successful company! Consider nearby amenities and driving distances for those who live nearby, including anything from public transit options, parking, and gas stations.

Make sure it’s close to public transportation so employees can easily commute

If you are looking to hire employees, they must have easy access to public transportation. If this isn’t possible, be sure that there are other options available for them, such as carpooling or working from home in some cases depending on the type of business being run! This ensures a more reliable workforce and decreases stress levels, which can impact productivity and morale among workers when commuting is too difficult each day.

Take into account any necessary licenses or permits needed to operate from this location 

Finally, before you sign the contract or rent agreement, be sure that it is fully understood what permits/licenses are needed to operate from this location. This includes everything from business licenses to property tax certificates and other types of approvals depending on where your new business might be located! If you are not sure, then reach out to your local government for more information and assistance.

Not only can this help save time, but it will also save money in the long run because getting all of these things done ahead of time ensures that there isn’t any unnecessary downtime once you have opened up shop! Depending on the business’s start, a lot may depend on timing, so consider how much lead-time is needed and whether or not renovations need to be made before opening day, etc. Just know that having everything ready from the beginning makes running a small business easier, resulting in higher profits, among other benefits!

Be mindful of zoning ordinances as well as building codes

Beyond the necessary permits, it is also important to know zoning ordinances and building codes that might affect your business. These could include signage, use changes, operating hours, etc., so you have a better idea ahead of time what types of limitations will come with opening a small business in this area! Luckily there are several resources online to help you stay up-to-date on the latest information and changes, including your local government’s website, which is found using Google or other search engines.

We hope you’ve found the information useful. Searching for real estate can be hard, but take your time and find what you think will be perfect for your business. Some of the most important decisions you make will involve choosing a location for your business.

4 Ways Architects Are Modernizing The Real Estate Industry

Brian Setencich

Architects are resourceful professionals. Although they have completed their degree understanding the traditional styles of property design as well as some contemporary ones, they should still be able to engage in self-taught learning. This is because times have changed for real estate. You can notice this when skyscrapers, homes, and other commercial establishments look different than they were 30-40 years ago.

According to freelance architect and expert Brian Setencich, there are many reasons why architects should always be updated with the trends:

  • As the population grows, there is a need to create space-saving properties. An example of a country that has adopted modern architecture to save space in Hong Kong. They have created units that sprawl as high as 30 stories for residential homes. Additionally, people have also opened up to the idea of tiny spaces for minimalistic living.
  • The elements of modern architecture are much different. You don’t have to be an expert to notice the difference in styles. Now, modern buildings have fewer frills, more into creating spacious-looking rooms, and uses more straight lines than intricate details.
  • Architects have to be updated with what clients want. As the years move forward, so are the clients. The younger generation has different tastes, and this is evident in their home choices. Architects must understand what they want, or present options that are affordable yet aesthetically pleasing.

What are the ways that architects are paving the way for modernization in real estate? Let’s find out more through this post.

4 Ways Architects Are Modernizing The Real Estate Industry

Architects have embraced minimalistic design

Now, minimalism isn’t just for the simple–it can take on many forms. Minimalism can also mean elegance and class in modern architecture. New buildings are made and inspired by the Japanese or Zen-like structures, which are not into many details but are described by more simplicity and less clutter.

The younger generation prefers this kind of establishments because they are easier on the eyes, affordable to create and only emphasizes the essential. Now, architects who are building on new properties have moved away from the frills-filled classical architecture into the minimalistic modern types.

Architects prioritize safety in modern establishment ideation

Aside from style and design, architects are also finding ways to make establishments safer than ever. This means making use of sturdy materials based on the terrain, location, and weather of the lot. Safety is all about making sure that the proper foundations are built and the right materials are used during the construction process.

Modern architects can now team up with engineers and other members of the real estate development to share ideas. This can be done simply now through collaborations in the virtual space.

Architects can incorporate eco-friendly strategies into their profession

Over the last few years, there has been an increase in the preference to push the world into a more eco-friendly state. According to Brian Setencich, this movement has also affected not just the manufacturing or energy industry. The green movement is also affecting the real estate industry as well.

Now, architects are taking on the challenge to create spaces which are made of eco-friendly materials. In some areas of the world, some architects have proposed making use of compressed plastic as hollow blocks as a means to save concrete and recycle the plastic for affordable homes. This is a genius idea that has paved the way for a more sustainable living.

Architects help transform home foreclosures

An example of a show that helps in the modernization of home foreclosures is those from HGTV called “Fixer Upper”. These professionals are inviting families that are home-shopping and asking them to pick second hand or foreclosed homes. After the choice, the professionals work their way into modernizing the home based on the preferences of the family.

This is a great way to inspire future homeowners not to be intimidated by picking foreclosures. With the right choices, they can save money and continuously transform old homes into new ones.

Architects have been and will always be important in the real estate industry. As times change, so does their skills and capabilities to modernize their scope of influence.