When To Take That Final Step: Is Opening A Brick-And-Mortar Business Really Right For You?

About Me
The Crucial Step Of Hiring A Business Attorney

My name is Jackie Fields and if you're not sure if you need a business attorney, I think you should read my blog. I became familiar with business attorneys when my sister opened her own business. Before the business was open to the public, my sister consulted a business attorney to make sure that all of the legal matters concerning her business were in order. I learned a lot about the importance of business attorneys when I accompanied my sister to speak with her attorney. In this blog, I'll tell you why it's essential for you and your business to hire a business attorney. I hope that after reading this blog, you'll realize the importance of this crucial step.


When To Take That Final Step: Is Opening A Brick-And-Mortar Business Really Right For You?

2 June 2017
 Categories: , Blog

If you've been running a small business online -- the type that's mainly a sole proprietorship and that was basically a work-from-home deal where you handled everything -- the idea of opening a brick-and-mortar store can be a scary one. Still, if your business involved selling goods, and you're noticing a major uptick in business and a need for more space, a physical location outside your home could be just what you need to expand even more. But when you take those steps, you have to be careful about how you set your business up and what you sign. You should meet with a business lawyer to determine if brick-and-mortar is an appropriate step for you to take.

Rapidly Expanding Customer Base

Whether you were a crafter who found a niche customer base or a salesperson who set out to eventually build up into a physical business entity with its own commercial location, you should start a brick-and-mortar store if you've noticed your customer base increasing dramatically. Of course you can still do online sales from home, but if people across the country are buying your items, you might want a physical store that local people can pop into without having to deal with shipping costs and times.

Finding the right location is crucial, and a business lawyer with ties to the real estate market can help you sort out commercial leases and determining if a particular building is right for you.

Psychological Advancement

Sometimes working only out of your home in a seemingly low-key operation (that no doubt is very busy anyway) can seem very restricting, both in the physical sense and in the psychological sense. Having a place outside your home that is dedicated to your business can help you separate your business and home life, and it can also make it easier to hire assistants (it might seem a bit odd to have them come to your home). Psychologically, getting a physical location can also make you feel like you're moving again and advancing.

But whenever you take a huge step like that, you need to know that all the contracts you're signing and all the deals you're making are legally sound. Only a business lawyer can help you with those. If you're seriously thinking about taking your home-based sole proprietorship a step further and creating a business with a physical location, contact a business lawyer to discuss what you'd need to do. For more information, contact companies like Rudolph and Chonoles LLP.