Location will affect all businesses to a greater or lesser extent and the location of your business will undoubtedly affect its rental value, with prominent locations usually commanding higher rents with rental levels decreasing for less prominent positions. Choosing the correct location means balancing the effects of location on various aspects of your business, these aspects can have differing degrees of importance to different businesses.

Your customers, suppliers and your work force are the three groups of people you should consider when choosing the general area of your location. Depending on the nature of your business, your customers may also need to be considered when choosing more specific locations as there may be significant differences between different locations in a relatively small area.

Talk to businesses located close to any property you are considering. Determine opinion about how busy the area is, if there are any traffic problems or any environmental problems (although you should check for this with the local council before committing to any tenancy) or any other matters that might affect your business. You may even take time to observe and Identify your neighbours and any conflicts that might occur as a result of your trade.