Vancouver is one of Canada’s largest cities and industrial centers. In recent years, Vancouver has also become a hotbed to start an IT-related business. In fact, several U.S. multinationals have decided to set up shop right here in Vancouver.
Due to the budding technological sector, you may be interested in opening your own IT consultancy. Although the most common option would be to look for an office space of your own, acquiring an existing IT-related business for sale with the help of brokers, such as Vancouver Business Brokers, is also a viable way to start your own company. If you choose to go with acquiring an existing business, here are a few tips to keep in mind:
Location is Still Important
As with residential property, the location of your new office is vital to your business. First of all, you’ll want to make sure your office is located as close to your target market as possible. This is especially important if onsite support will be your main type of service. Take the time to find out where most of your potential customers are located.
Second, you’ll want to try and choose a place that is easily accessible via public transportation. This is mostly for the benefit of your future employees. Making it easier to get to and from the office can easily raise employee moral later on—especially if you anticipate your clients needing for 24-hour support.
Technological Capacity
Not all buildings are capable of hosting a tech-forward business. Be sure to check if the building the business is located in can accommodate your power and Internet connection needs. You should also enquire about remodelling an area to house any servers you may require. A building that offers emergency power is also ideal.
Plan for Expansion
It may seem a little too early to start thinking about expansion, but it should definitely be a factor to consider when looking for a new office. Try to see if there is enough space to accommodate new technology as your list of clients and the need to hire new employees grow. Alternatively, you may also resort to acquiring another business for sale as a means to expand your business in the future.
Source:
So You Want to Start Your Own IT Business?, technibble.com