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Looking to Start a Business? Now is a Good Time

Looking to Start a Business? Now is a Good Time

Entrepreneur Column

As we move into the winter months, and the economy is slowing coming out of its “economic winter,” one only need look around to see that one person’s recession is another’s great buying opportunity.

That is especially true if you are in planning and buying mode for your start-up.

Few times in recent memory have been as kind to buyers of all kinds of goods and services as right now — especially if you are starting a new business.

So what can you get at a great price?

A lot actually. Especially when it comes to office space, marketing and — in certain some industries — entire infrastructures (particularly in the restaurant business).

That said here are some things to look for on the cheap to make your initial business investment lower than you may anticipate.

Office space. This depends on where you live, but right now, it’s generally a buyer’s market for commercial space; that includes everything from retail to warehousing, and restaurants to real estate.

Deals abound. Some brokers are even offering lease to own options and other interesting incentives to fill empty space. Make sure you understand any lease agreement and make sure you have a good attorney to review it with and for you. And remember that if you’re in retail, part of your lease is your marketing cost, because your location is imperative for your success.