We invite you to have a look at our feature in The Star’s recent “SME Toolkit: Top Tips from 10 Business Experts”. Our article highlights how commercial property can be a burden or a big asset for businesses, sometimes for years. Unlike many “assets”, taking on a long lease (particularly without decent break clause(s)) can be one of the largest contracts a business signs. Hence the significance of getting the right property at the right price, in the right location, at the right time. This is becoming increasingly important in terms of attracting and retaining valuable employees.
With careful planning and advice – for example, over whether to rent or buy – managing “acquiring” a property asset can be structured in a way to best suit your business AND potentially your private finances if you are a business owner. Have you ever considered putting the property into your own pension into which the business pays rent to as tenant?
At colloco, we have connections with a number of trusted lawyers, accountants and other professionals and can help you decide not only where to search, but how to structure any deal. Whether it’s a business’s first step onto the property ladder or a relocation, why not get in touch to see how we can help? As with many things, timing is everything. The more time you give to a project like this, the more likely you are to find the best property for you, your business and your employees. Take a peak at the article for fuller details:
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