WHERE LOCAL BUSINESS GROWS

Renting a Business Property

When renting a property for your business, you have some responsibilities by law - but most will depend on what it says in the lease. Find out which apply to you or your landlord and what happens if you move out.


Working from home
 

Working from home might seem like the dream.  No traffic to battle through, no set hours in the office, no structure of when to take your break and for how long.  But it isn’t always the dream it is made out to be.  It requires serious consideration before committing to working from home.

When you are planning your business it is worth deciding if working from home will be effective for your business type and structure.  It can be more cost effective to work from home and with modern technology it is easier than ever to work from home.  Meaning that you no longer have to have a specific type of business to work from home … but there are still a few businesses that it will suit better than others.

With all that said it is worth looking at the implications working from home can have.  Both on you, your family, your customers and your supplier, you need to decide if your new business can be run from your home or if you need to look at other options.

Face to face meetings become tricky – if your business requires you to meet face to face with others, inviting them into your home isn’t always the most professional or practical option.  This means you could start racking high mileage on your car or catching more public transport to meet customers.

  • You’re always at work – because you live where you work, it can be easy to lose the clear divide between work and home life.  It can be too easy to check your emails late in the evening and you soon find yourself working more hours than you would do working in an office.
  • Friends and Family can be distracting – being at home means people assume you’ve got a flexible working pattern.  They will sometimes see it as an invitation to distract you from your work, maybe they’ve taken the day off their job and want you to go out for lunch with them.  This can be damaging to your workflow and your business, as most people who don’t work from home (your suppliers and customers) will be out of contact after the normal work hours … and if you’ve filled your time with non-business related tasks you miss the opportunity to do business.
  • It takes will power –  it can be hard striking the right balance when working from home.  Battling the natural distractions and working to your optimum proficiency is not a walk in the park.  It might take a while to get the balance right but if you manage it, it can be very rewarding and work in your favour.  Sometimes, to sit in the garden with a cuppa for 10 minutes can help clear your head and provide clarity on something.
  • Planning permission – some types of business run from your home will need planning permission. Read our article on planning permission to find out more.

When deciding if working from home is right for your new business it is advised that you speak to others that you know work from home.  Ask them what advice they would give or if you don’t know anyone, speak to a business mentor or advisor to get an understanding of how effective working from home with your business idea will be.

Content kindly provided by www.yorkshirepowerhouse.com visit them for free business templates & much more. 

Considering business premises
 

Commitment to take on business premises (bought or rented) is a very big decision for a business but especially a start-up.  The considerations required if you decide that business premises are needed are some which should involve thorough research to establish a number of things.

Main areas would be –

  • What are your specific requirements?  Do you need industrial, retail, office or a mix of these?  This helps to immediately narrow your search criteria and saves time looking for, or viewing things that are totally inappropriate.
  • How much space do I need? All aspects of your operation need to be considered from floor space footprints on machinery/equipment to storage areas.  Laying out an ideal floor plan for your business (even office based) will give you a good understanding of the requirements but also the logistics of how your business will work – production flow for example.  Although floor space can be costly, it’s always worth trying to stretch to as much as you can afford.  You may need room for expansion as you become successful and having to relocate later may be prohibitive for various reasons e.g. tied into a long lease or high cost of relocation.
  • Do you have specific Health and Safety needs to consider?  This could revolve around the specific nature of your business but this is something which should never be overlooked and you need to ensure any premises can cater for your needs.
  • Are aesthetics of your business premises important?  Will the appearance of your premises be relevant to the specific venture you are looking to undertake?  Your premises might be the first thing potential customers see and their perception will be influenced by that initial view.  This is more important if clients visit your site but irrespective of this, having a business that projects an outward appearance that inspires confidence is always a good idea.  Equally, keeping the internal appearance clean, tidy and well maintained is important for the well being of staff as well as any customers who might visit.  It’s always nice to show off your business activity in its best light.
  • What will the premises cost?  What is my budget?  Buying and leasing/renting, (unless you can afford to buy outright), immediately add monthly costs to the business, for rent or a commercial mortgage.  In addition to these you need to factor in anything which relates to service charges or utility bills for the premises and either option will invariably incur professional fees for conveyance or lease set up.  Other big considerations on cost are business rates, (check with your local council as these are often subsidised for the first 12 months of occupation and there is also small business rates relief available) and building insurance which can be significant in relation to the overheads your business will have to sustain.
  • Will the business buy or lease?  Buying is sometimes difficult to achieve for a new business unless there is a substantial amount of cash available to allow this.  Typically commercial mortgages will be around 65% loan to value which means a hefty chunk of money is required for the deposit.  Leasing is the most common option and being aware of the terms of the lease is the most important thing.  How many years?  Are you responsible for the maintenance of the property?  Does it include a service charge?  What notice period is required should you decide to relocate?  There are other questions but the main thing is you fully understand your liabilities and obligations around the lease (and your rights) and never sign anything until it has been looked at by your legal professional.  Anything unfairly biased should be walked away from or negotiated out, and you may also be able to agree caveats within the lease that make it more workable e.g. early release from the lease.
  • Do I need planning permission?  Interior work more often than not doesn’t require any planning permission but exterior work often does (depending on size and scale).  Either way it is always wise to check with the local council to ensure you conform to any requirements.  If you are working from home you also need to inform your mortgage provider as well as the local council regulations in regard to planning permission.  In all cases you have a legal responsibility to ensure all work is carried out to conform to building legislation.  In addition, you are also obliged to make reasonable adjustments to the business premises to cater for the safety of staff, customers and visitors.
  • Where do I locate?  Very careful consideration is needed on this point and it very much depends on your specific business and often related to the accessibility required by staff and customers.  Do you need good footfall?  Is it advantageous to be near good road links?  Is it useful to be near my key suppliers?  Will it be accessible for my workforce?  Locations or features normally come at a price and can be commercially advantageous but, alternatively, being more remote may be cheaper and not matter as much as a factor that will drive your success.
  • Does the premises have security or do you need improving?  Security of any property is important and none more so than businesses premises.  Many insurance companies will require a minimum level of security to cover you but it is in your interest to project your property and any valuable business assets you may have.

Once you’ve narrowed down the criteria, you can now consider searching for something that will fit your requirements.  Before you start looking, draw up a list of requirements based on the thoughts above (and anything else you feel is relevant) and, like buying a house, look for something that fits the bill.  It will all help you avoid wasting time spent looking at unsuitable premises.

Content kindly provided by www.yorkshirepowerhouse.com visit them for free business templates & much more. 

Planning permission
 

If you have decided or are seriously considering working from home it is worth noting that some businesses run from home will require you to get planning permission from your local council. There are several reasons as to why your business will need planning permission.

  • No longer prominently a private home – if your home will be used as a workplace for staff, like an events management company where your sales team are based at your home, you will need to check with your local council to see if planning permission is required
  • Traffic or people visiting increase – if running your business from home will increase the level of traffic on your street or the number of people visiting your home, maybe you’re holding meetings with multiple people on a regular basis, then you will need to check with your local council to see if planning permission is required
  • Unusual for your street – if your business an is unusual activity for your street, hair salon for example on a private residential street would be unusual, then you will need to check with your local council to see if planning permission is required
  • Disturbing the neighbourhood – if your business will create disturbances at unreasonable times or create nuisance noises or smells like a building yard or animal farm, you will need to check with your local council to see if planning permission is required

 When it comes to planning advice it is always worth speaking to an expert because you will need to get it right the first time. Don’t let the thought of planning permission put you off investigating your options, in some cases they might advise that planning is not required or alternatively if you don’t think you need planning permission it is still worth asking an expert to have the reassurances.

Content kindly provided by www.yorkshirepowerhouse.com visit them for free business templates & much more. 

Health and safety
 

You must carry out a health and safety risk assessment in the workplace and take action to remove any hazards.

You’ll normally be responsible for:

  • fire safety
  • safety of electrical equipment
  • gas safety - you must maintain equipment according to the manufacturer’s instructions, which could mean an annual inspection by a registered gas safety engineer to make sure appliances and pipework are safe
  • managing asbestos
You’re also responsible for providing:

  • a reasonable temperature
  • enough space, ventilation and lighting
  • toilets and washing facilities
  • drinking water
  • safe equipment
The Health and Safety Executive’s ‘Workplace health, safety and welfare: a short guide’ has more details.

Download ‘Workplace health, safety and welfare: a short guide’ (PDF, 110KB)

Your landlord is responsible for any aspects of health and safety written in the lease (eg in communal areas). You must take reasonable steps to make sure your landlord fulfils these responsibilities.

If you get into a dispute with your landlord, you need to keep paying rent - otherwise you may be evicted.

Repairs and maintenance
 

Your lease should say who is responsible for repairs and maintenance of the property.

Moving out
 

When you move out, you may have to pay for certain repairs, or return the property to the state it was in when you first rented it. The repairs you’ll need to make are called ‘dilapidations’ and should be written in the lease.

Any responsibility not mentioned in the lease will usually be yours as the tenant.

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News

3 results found 
ABL Business expands into North Yorkshire

Wednesday 21 June 2017

Yorkshire-based business support consultancy ABL Business Ltd are expanding their operations into North Yorkshire. The company, which offers commercial finance and marketing support to SMEs, has engaged Fraser Irvine as an Appointed Representative to cover the county. Based in Harrogate, Fraser will be operating across the area, offering a full mix of commercial finance services. He will assist SMEs in raising the funds they need to trade, grow or stabilise their business, using all the funding lines and capabilities of ABL Business. It marks the third recent growth for the Cleckheaton-based company, who recently set up a new office in Scotland with two representatives just over a year ago and expanded into the North East region in March this year. Fraser Irvine is an experienced Independent Commercial Finance Broker and joins the company with an extensive career in financing businesses under his belt. He has spent almost 30 years working with asset and cash flow funders, which gives him a deep understanding of the financial needs of an SME business. Fraser has worked with new start businesses, as well as more established companies, arranging funding facilities to suit individual needs. His interest in business finance has also enabled him to gain extensive experience in the Management Buy-out, Management Buy-in and transactional market as a whole. He said: “I have known ABL Business and its owners, Andy Redman and Alex Beardsley for many years and really like the independent and client-focussed approach they adopt, so I’m very excited that I’m now joining the team. “ABL Business has access to a vast range of funders, which means I will benefit from being able to offer clients financial solutions that are tailored to bespoke needs. I am keen to help clients from new starts to multi-million turnover businesses to grow and achieve their full potential.” ABL Business Ltd and their appointed representatives have access to over 70 funders, enabling them to find an appropriate solution, no matter what a client’s financial requirements may be. ABL Business Director Andy Redman said: “We’re delighted to welcome Fraser to the team. He has a wealth of experience, which he brings with him from the financial sector, and in business too. Fraser, with his connections and knowledge, will be a real asset to ABL Business and to companies across North Yorkshire. His appointment has enabled us to expand our reach into yet another area and help even more businesses find funding packages that suit their specific needs”.
Posted by ABL Business Ltd
Social Progress MD selected for Digital Women Debate Panel

Saturday 03 June 2017

During the Digital Marketing Roadshow - Wigan on Wednesday 7th June at DW Stadium five leading industry experts will be coming together to discuss diversity in Digital and how gender balance is being addressed. The day has a very exciting list of digital related seminars throughout the day including a Google Digital Garage session on 'Reach New Customers Online & Know your Business with Google Analytics.' The Digital Women Debate is being hosted by Naomi Timperley who runs Coo Digital & is a Tech North Advocate. Social Progress, owner and MD Janet Bebb is one of the five panelists discussing gender balance in the digital along with Debbie Edwards, F Disrupters, Wendy Bowers at Role, Melissa Conlon, Commercial Director at Magma and Aaron Crewe from novi.digital. Big Screen Social our highly visual Twitter Wall will also be featuring at the event displaying the photos, branding and messages of delegates, exhibitors and speakers via hashtag #DMRoadshow helping to spread the word about the full day event and reach an online audience. This free to attend event is part of a series of Digital Marketing Roadshows taking place across the North West of England organised by Launch Events. https://www.socialprogress.co.uk/social-progress-selected-for-digital-women-debate-panel/
Posted by Social Progress
The benefits of being a member of Kirklees Business Hub

Friday 26 May 2017

Earlier this year, we returned from the Objective Management Group (OMG) International Conference in Boston, having won two awards, best new partner or "rookie" of the year award and an outstanding performance award. We wrote an article about our achievement on Kirklees Business Hub and included information about how we support businesses with improving their sales. The news article was subsequently shared by the team at Kirklees Business Hub on LinkedIn and Twitter. As a result of the article being shared, we received two new enquiries. One of the new enquiries is a business based in Kirklees and the other prospect is based in South Wales. Our business is already experiencing the benefits of the hub and we would encourage people to share their news. More importantly, attend the excellent events that are organised. The one I attended on Wednesday at the 3M Innovation Centre was excellent. It is a great opportunity to learn and make contacts with like minded local businesses.
Posted by Momentum Sales Solutions Limited
3 results found 

Events Posted

3 results found 
Image for
Content Creation and Blogging for Business
Wednesday 30 August 2017, 09:30 - 12:30
Creative Analysis Ltd And Social Progress Ltd, 2, Woodhead Road, Holmfirth, HD9 6PX
£65 - 6 places
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LinkedIn for Business Workshop
Wednesday 30 August 2017, 13:30 - 16:30
Bridge House, Woodhead Road, Holmfirth, HD9 6PX
£65 - 6 places
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Twitter for Business Workshop
Thursday 14 September 2017, 09:30 - 12:30
Bridge House, 2 Woodhead Road, Holmfirth, HD9 6PX
£65 - 6 places
3 results found 
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