The commercial premises are the place where a company chooses to operate. It is important to choose your commercial premises carefully based on several criteria.
Firstly, its location must reflect all your seriousness and credibility. Renting commercial premises is a solution favored by many entrepreneurs.
Signing the lease is a big deal because you're committing to paying monthly rent for a set period... but there's more to it than that!
It is therefore essential to examine each opportunity carefully in order to make the best choice for the success of your project.
To learn everything about it, look no further, and follow the guide!
Renting commercial premises allows you to have your own space, welcome your clients, and set up a workspace as you wish. Renting is a good solution for companies that include their headquarters costs in their general expenses.
Renting allows you to quickly find a product in good condition, adapted to your needs and whatever the profile of your company.
Also, signing a lease protects the tenant for a fixed period with the possibility of leaving the premises every three years. Renting allows you to keep your investment capacity intact, to ensure the proper development of your company.
There are several ways to rent commercial premises. Most often, it's an individual lease: the entrepreneur pays all the costs. It is possible to opt for shared rental, which also allows you to share the costs (rent, energy costs, maintenance, etc.). This solution is popular with liberal professions, for example.
We can't say it enough: a commercial lease is super important. It has a minimum term of 9 years, and you'll also have to pay several fees: entry fees (also known as "key money") and agency fees are essential. It also comes with a security deposit to ensure it's properly executed.
Finally, it's returned to the landlord when you leave, after deducting any damage or wear and tear.
You need to carefully examine several points to avoid making mistakes.
First, make sure you sign the right kind of lease. It should clearly say « commercial », otherwise you won't be able to do any selling. A short-term lease isn't the same as a commercial lease.
Next, don't make a mistake about the lease term. The minimum term is 9 years, divided into 3 periods of 3 years. If the lease is signed for a period of more than 9 years, the owner will be free to set the rent he wishes to receive. Otherwise, no unjustified increase can take place.
Also, pay attention to all the expenses you're responsible for before signing this important document. The law allows a lot of freedom in setting the division of expenses between the owner and the tenant. Most often, the tenant pays the local taxes, fees, and premiums due.
Each expense to be covered must be explicitly mentioned in a clause; otherwise, the owner is obligated to pay them.
Many entrepreneurs are turning away from this solution because of its cost and inflexibility. Paying a monthly rent doesn't always align with the limited means of a new business, nor does providing a deposit and guarantees.
There are other options for registering your business address:
-
Your home address: Even if it's in a good location, it's not ideal for meeting clients, and it blurs the line between your personal and professional life. Plus, you'll have to publicly display your home address online and on all your official documents (quotes, invoices, order forms, delivery notes, etc.). It's never a good thing to have an unhappy customer show up at your door on a Saturday morning and wake up your whole family...
-
Business domiciliation: It's a great alternative! Using a domiciliation company means you get a prestigious address in a prime location in Paris or another major French city. They also offer a range of custom services to make your life easier: mail management, phone answering, admin and legal support, and meeting room rentals. So, you get the perks of working from home without the downsides, and you save a lot of money.
Using a business address provider is seriously the most affordable and effective way to make your project a success.
It adapts to all profiles, allowing teams to focus on higher value-added tasks.
Written by our expert Paul LASBARRERES-CANDAU
November 27, 2019
