4 Steps Before Choosing a Corporate Location to Build On

Every corporation needs a place to call home. Depending on the type of corporation and its inherent purpose, its location has varying degrees of importance. Consequently, choosing a location will play a significant role in a company’s ability to conduct business. The following are four preemptive steps to help determine where a business should ultimately reside.

The Size of the Corporation

When it comes to choosing a proper location for a business, it is important to have some idea how large the business is intended to become. An extremely small corporate body may need only occupy someone’s living room. Alternatively, a major corporate headquarters may need an entire office building in some metro area. The important thing to remember is to not jump into more space than is really necessary to keep costs low, but in certain situations scaling issues are a factor which should be considered well in advance.

The Type of Business Matters

Is the company being established a massive industrial plant requiring a sizeable plot of land: one complete with multiple buildings and a distribution warehouse? Or, is the business in question a low budget sales operation that could benefit more from a virtual office setting near local amenities? Often the type of business will tend to dictate where it needs to be located to ensure it can perform adequately as the business plan has intended.

Considering Federal, State and County Laws

For some corporate entities, a desired location that is optimal for the business in question may be complicated by any number of environmental regulations. Protected land, delicate ecosystems and safeguards against industrial pollution are all factors that may hamper establishing a business in any number of locations around the country. Sometimes these laws are federal or merely a local state or county matter. For this reason, it is critical for a company seeking such a location to work with a Environmental law practice that is intimately familiar with the complexities of such regulatory issues.

Accessibility

When seeking to establish the location of any corporate body, matters of accessibility are a critical step for consideration. Will the business need to be accessible to automobile and foot traffic, or will it need to be accessible to heavy equipment? Do the relevant roads and infrastructure exist to make accessibility readily available, or will a company have to spend the additional money to make the location suitable to its accessibility needs? These kinds of details must be ironed out beforehand to ensure that the company will be able to operate as intended at its desired location.

After considering a lot of variables, it should become reasonably easy to find the right location for any business. Sometimes that location is not as intuitive as someone might imagine it should be at first glance; however, usually time and careful consideration of a business’s needs can help to bring clarity to the question of which location will provide a business with what it needs to thrive. Once the right location has been chosen, it is then time to begin allowing the corporation to take form so that it can occupy its own intended space in the business world.