Whether you choose to work from home or are looking to rent or buy a business premises, you may like to read our commercial property articles which cover the various options for small business or new business start ups. (We also have a section dedicated to working from home.)
A list of useful contacts in Beckenham who are keen to help you can be found below.
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Deciding where to run your business could be determined by the nature of your work, running a restaurant from home is probably not a good idea and a window cleaning business is unlikely to need swanky offices!
Work from home: Working from home is definitely the cheapest option, but not always the best. You will need to ensure that you can separate home and work life. Will you be able to motivate yourself and concentrate, or possibly even more tempting—avoid the temptation to work all the time? Advantages: Cost, convenience, easy to set up, the kettle is close by! Disadvantages: Domestic distractions, possibly lone working, holiday cover, the kettle is close by!
Top tip! Check to make sure that your lease/house deeds do not prevent you from operating from home. If required, obtain permission from your landlord or building society.
Office or workspace? Starting in an office or workshop will involve higher set up costs than working from home but may be more appropriate particularly if you are planning to employ staff or if your customers come to you. There are important health & safety issues that you will need to be aware of if you are planning to work from any premises. The HSE (Health & Safety Executive) offer free explanatory leaflets at http://www.hse.gov.uk
Lease: A lease is a contractual agreement to rent a property. But do you rent or buy? Your financial situation could decide this for you, but if you chose to lease/rent, think extremely carefully about the implications. Lord Forte is famously quoted as saying three most important considerations are LOCATION, LOCATION, LOCATION! However, the better the location the higher the rent!
Length of lease? You may have to pay a substantial premium for a longer-term lease.
Who is responsible for repairs? Take legal advice. You want security, but do you want the legal obligation and for how long? Business success or failure may mean that you need smaller/larger premises in the future. Ask about a ‘break clause’ which could present an ‘escape route’ at a defined point.
Purchase: Purchasing your property could prove to be an attractive long-term proposition. You will be giving yourself security of tenure, possibly an asset that will rise in value, and any repayments will be reducing your loan rather than simply paying rent to somebody else. You will need to use a solicitor to conduct the purchase, and definitely pay for a full structural survey.
License: With a license, the property owner is effectively saying “OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave.” The advantage to the owner is obvious, but it can also be a flexible and inexpensive way for a new start to move into premises. Licences are usually relatively short term.
Serviced offices: Working from your garage or garden shed can appear amateur to prospective clients and lack the kudos of an official business address. But there is an alternative that will keep you sane without bankrupting your business before it’s even off the ground. Renting a desk i n a shared office offers the best of both worlds. You’re still your own boss, but you’ll have the business support services, such as internet connection, a receptionist, meeting rooms and technical support, all available on site. You’ll have total autonomy, but feel like you are part of a community.
If you run your own business in Beckenham and would like to learn more about premises or working from home, we have compiled a library of useful resources and frequently asked questions which we hope that you will find both interesting and useful.
Bromley House Clearance
Bromley house clearance and probate valuations. They clear houses flats garages lofts. They buy furniture china most collectables. They also offer to clean the property after a house clearance.They can help pack and deliver items. They also do commercial clearances www.bromleyhouseclearance.com call today 01689601862 or 07940490140 1689601862
Capital Enterprise Centres
We own and run 8 Business Centres in the south east for small and growing businesses. In total we have 530 individual units to let on an easy-in easy-out monthly licence. 01732 523400
Devonshire House Business Centre
Devonshire House Business Centre offers newly refurbished serviced offices within the London Borough of Bromley. Situated just one minute away from Bromley South train station, 16 minutes from London Victoria, and 25 minutes from Kings Cross St Pancras, the business centre is well served by public transport.
Kent Science Park
Kent Science Park campus, one of the largest in the South East of England, offers over 500,000 sq ft (46,450 sq m) of high specification, purpose built accommodation to let, flexible enough to nurture the ambitious start-up, as well as to serve the expanding or mature technology company. 01795 411 500
Kingfisher House Business Centre
At Kingfisher House Business Centre, we can offer you flexible office space based in Bromley, Kent. We are moments away from Bromley South Station and have an on-site car park, making us the practical solution for businesses in and around the area. If you need a place where you can base your business, come and take a look around Kingfisher House. We have a variety of serviced offices, hot desking facilities, meeting room facilities and virtual business services available to you.
london loft extension
Welcome to London Loft Extension - We are a London based company specialising in loft conversions with over 20 years experience. 020 8777 4761
Milestone Training, Resource and Consultancy Centre
We can offer you exceptional facilities and friendly service all for less than youd expect. You can hire the facilities for a half day or full day and will only ever have to pay for what you need to use. With hotel packages, you pay an inflated price for the use of facilities you probably dont even need. With us, if you just need to hire the space, then thats no problem. Of course if you do need video conferencing, laptops, data projector and luxury catering, then we will happily accommodate your needs. In this time of crunched budgets and cutbacks we believe we can offer you a premier service for a realistic price that enables you to work within your budget. We offer our rooms for hire to businesses, schools and the community. Businesses are offered rates that are up to 90% off* the cost of hiring facilities from other companies. Schools and community users are offered even more preferential rates. You are welcome to hire our facilities for any purpose whether that be meetings, conferences, training, interviews or anything else. The rooms can be set up flexibly to allow you to use the space in a way that suits you and the number of people you need to accommodate. In addition to offering our facilities for hire, we also offer a huge variety of courses. Since we are part of Milestone Special School, our specialisms for training include Autism, behaviour, Speech and Language Therapy, curriculum, Sign Language and health. For more information on the courses we offer see the courses section on this site. If youd like to run a course of your own at the TRAC Centre you can of course hire our facilities. If you are interested in running a course and would like us to handle everything for you, then please get in touch. 1474709420