Opening up a new business, or a new location for your business can be an exciting time, but it can also be an extremely challenging time. You’ve got a lot on your plate, and a lot to worry about. One of your primary concerns is probably just exactly where this next location will be. You may have an area in mind, but you still need to find a space that will perfectly accommodate you and your business. At Tomarchio Enterprises, we have many commercial locations available for lease, and have been working to place entrepreneurs and business owners in spaces that fit their businesses for decades. How much space your location has is one of the most important aspects you should worry about, and is the one we’re going to talk about today.
What Kind of Store Do You Plan on Running?
There are a lot of different kinds of stores. Which kind of store do you run or plan to run? If you’re looking to open up a convenience store, then you want a smaller space that is located in a convenient spot. If you’re opening up a new car dealership, you’re going to need a good bit of space so you can display all of the latest models. Whatever you plan on selling should have a big impact on how much space your location has.
How Much Inventory Do You Have?
Regardless of the size of what you’re selling, the larger your inventory, the more space you’ll need. When opening this location, you need a space to allow your customers to freely move around and browse what you have available. You’ll also need a place to store all of your inventory not currently for sale. If you run a business that requires you to have a large amount of inventory on hand at all times, you need to take that into account when looking for a space, or else you may find yourself with a serious inventory overflow problem.
How Many Customers Do You Expect to Be in the Store at One Time?
Will this be a smaller, more niche shop? Or is this a business capable of accommodating hundreds? Only so many people can comfortably fit inside of a space, and legally, the Fire Marshall will set a limit on how many people are allowed in your store at any given time. We recommend you have a number of how many customers you expect to come in, and find a space that corresponds with that expected number.
Consult with a Professional Commercial Real Estate Company in Maryland
Whether you’re opening up your first location, or 101st, our team of real estate professionals can help you find the perfect location, they’ve been doing it for years. We encourage you to reach out to us to learn all about the spaces we have available in our portfolio. You can give us a call at 410-861-8320, or contact us through our website.