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    Should You Buy a Business Property Before Expanding Your Team?

    Image Source: Pexels

    So, it’s probably weird to connect these two things at first, but hiring more people and buying a business property can absolutely belong in the same conversation. If you think about it for a moment, they’re both assets- sure, different types of assets– but you need to protect those assets since they’re key to making a business thrive. Like, yeah, one sounds like a staffing decision and the other sounds like a building decision, but if your current space is already limiting your growth plans, well, can staff even be in there? 

    Probably not. But really here, there’s only so much “making it work” a business can do before the space starts making everything harder.

    What’s Going on with the Space?

    So, just to start off here, don’t judge the building on a calm day. That’s too easy. Judge it when staff are trying to take breaks, customers are walking in, someone needs privacy, a delivery has arrived, and two people need the same tiny bit of floor space at once. You see here? So, that’s when you can actually see the problem. 

    Maybe the parking is already annoying. Can it feel tight walking around certain areas or aisles? Hoping you’re catching on here. Basically, if the current team is already adapting around the building every day, a bigger team might just make the awkward parts louder.

    Is the Hiring Plan Actually Realistic?

    Now, this doesn’t mean every business needs to buy property before hiring one more person. If you have the funds, sure, go for it. But if your next stage needs more rooms, more storage, better access, better parking, actual staff space, or a layout that, well, actually works, then the building has to be part of the plan. Basically, there’s just no choice here. 

    That could mean finding a better rental, negotiating changes with the landlord, or looking into what a commercial property mortgage could involve if owning gives you the control you’re not getting now, which, yes, that’d be pretty good. But it helps a lot to have control of the building, the layout, the structure, all of it, but if you’re deadset on growing, then you need space to actually grow, literally speaking. 

    New Staff Notice the Things You’ve Stopped Seeing

    This is the thing: when you’ve been in a space long enough, you stop noticing how strange some of it is. For you, anything “weird” like a room that’s way too hot, or a room with no natural light, or whatever else, well, it’s fine and normal. Be it the treatment room, consultation room, stock area, or back office that technically works, but only because everyone has accepted a slightly worse version of normal.

    A new hire won’t have that same blindness that you and maybe some of the other staff lack in noticing. And yes, this gives you a bad look, and customers might notice some of these problems too, which, of course, is also a problem here that also gives your business a bad look.

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