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4 considerations for choosing a logistics business premises
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4 considerations for choosing a logistics business premises

March 3, 2018
Ashwin Patel

For those embarking on the journey of launching a shipping and logistics enterprise in the foreseeable future, meticulous consideration of your business premises' location and attributes is paramount.

While a prospective property might initially appear to be an ideal solution, overlooking crucial factors can lead to future regrets. To guarantee the selection of a site perfectly suited for your operational needs, the following four considerations should be carefully evaluated when choosing your business premises.

1. Accessibility Considerations

Accessibility is a critical element that should not be ignored, especially if your business model hinges on frequent deliveries. To secure the optimal location, you must evaluate its proximity to major roadways and highways, alongside local transportation networks, to ensure your workforce can readily access the business each day.

Opting for a property within a bustling commercial zone will likely incur higher rental or purchase costs. Therefore, it might prove advantageous to consider a slightly less central location that still offers superior accessibility.

2. Balancing Visual Appeal with Functionality

It's improbable that you'd want to dedicate the initial months to extensive renovations to meet your company's standards. A comprehensive assessment of any potential site is essential to identify both minor and major repairs or renovations that could impede your operational efficiency.

For instance, the presence of mold, inadequate plumbing, or antiquated electrical systems should prompt you to explore alternative business premises. However, should you proceed with renting or purchasing the property, maintaining readily available contact information for local professionals—such as qualified electricians, plumbers, and handymen—is crucial for swiftly addressing any emergent issues.

3. Prioritizing Site Security

The chosen neighborhood significantly influences the likelihood of encountering incidents such as burglaries, vandalism, or trespassing, and consequently, impacts your company’s insurance premiums. Therefore, it is vital to examine the neighborhood’s crime statistics before committing to a property. Investing in a site with robust security features is a prudent step. Such features might include:

• Round-the-clock surveillance systems

• Ample outdoor illumination

• A comprehensive security alarm system

• A refined access control protocol

4. Assessing the Local Talent Pool

A logistics firm will require a diverse range of skilled personnel drawn from the local area. To effectively staff all positions and establish a benchmark for excellence in your sector, an evaluation of the neighborhood's skill base is essential. This ensures the consistent and timely fulfillment of orders. Selecting a location with a limited skills pool could prematurely jeopardize your company's viability.

While location requirements will vary among businesses, these factors will give your new company the best chance of success and help you build a hassle-free, profitable company.

logistics
business

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