Your location may significantly impact your ability to succeed if you rely on foot traffic or easy access for clients. However, not every business needs a retail or office location. When just starting out, decide if you will be working from home and traveling to customers, operating only online, opening an office or establishing a retail location.
If you are leasing space, make sure to read through the lease agreement thoroughly. You may even want to have a business attorney review it to make sure that you understand your responsibilities under the lease terms. For example, you don’t want to be caught unaware that you are responsible for the repair of an HVAC unit if you thought the management company was going to take care of it.