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c. Leasing Office or Studio Space

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If your dwelling is not appropriate for a home-based business, and you have enough capital to rent, you can consider leasing office or studio space. I have always leased space for my own company since my condominium is inappropriate for a home-based business. The advantage to leasing outside space is that you can set up a showroom and invite potential customers to visit and view your products.

Another option is to find another business to share space with, where you have a designated area to store inventory, assemble your baskets, and display your products.

Following are a few types of businesses that have good potential for space sharing:

(a) Gourmet food wholesaler

(b) Florist

(c) Artists and craftspeople

(d) Photographers

When leasing office or studio space, you must consider the issues of —

(a) proximity to customers,

(b) parking facilities,

(c) accessibility to loading dock or freight elevator, and

(d) storage and work space.

Start & Run a Gift Basket Business

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