Opening New Business in NSW | Step-by-Step Guidance for New Business Owner

New business comes with challenges, stresses but rewarding the business owners with freedom and financial return if you choose the right field and the right location.

Choosing a location for your business is crucial regardless of where you are. So below is the step by step to work on your new venture:

Step-by-Step Guidance for New Business Owner

1. 1. Identify your business service and product.
2. 2. Find the right Target: who will your client be? Retailers? Small business owners or B2B services.
3. 3. Actively searching for the right space: we encourage our client to find the right location before coming to us. Why? Because only you know what the right location for your business is, then we can sort out all the paperwork.
4. 4. Having a drawing/ design of the shop ready: what is your theme colour? What is the style of your shop – classic or modern?
5. 5. Having a business plan with budget ready for at least 6 months – most new business started with little funding but ensure you have enough to pay the rent, utilities and other set up costs.
6. 6. Considering business partnership? This may be a great way to help reduce the stress of finance and having to do everything by yourself.
7. 7. After deciding the right location, negotiate, negotiate, negotiate. Again, at Brydan Woods we offer the best we can to our clients, but if you would like to take the lease negotiation process, we are happy to assist along the way.

Lease negotiation could be a lengthy process, but it does not have to be complicated. Brydan Woods offers flexible packages to assist you with your needs and fit in with your budget. Contact us today. We are Specialist in Leasing Consulting and Franchising Consulting