For an entrepreneur, finding new premises often turns into a complex puzzle. Between financial constraints, administrative regulations, and logistical imperatives, the challenges are numerous. Fortunately, territories—and their economic development agencies—offer significant support to business leaders to overcome this obstacle. Immo-HUB provides more insight into the solutions offered by local authorities to facilitate the establishment and expansion of your business.

One of the first difficulties encountered by professionals is the availability of suitable premises in a favorable geographical area. Strategic locations, close to transport routes, suppliers, and clients, are highly sought after and therefore rare. According to a 2023 study by BNP Paribas Real Estate, vacancy rates for offices in major French cities range between 5% and 7%. However, local economic development agencies can help entrepreneurs identify less visible but equally advantageous opportunities, thanks to their in-depth knowledge of the territory.

Cost: A Major Obstacle

The cost of commercial real estate is a determining and often limiting factor. Prices vary considerably depending on the location. In Paris, for example, the average cost per square meter for offices can reach 850 euros, compared to around 200 euros in Bordeaux (Nouvelle-Aquitaine region), 160 euros in Calais (Hauts-de-France), or 120 euros in Rodez (Occitanie). Territories can offer attractive tax incentives and subsidies to alleviate this financial burden. Many local authorities - such as the Bourgogne-Franche-Comté region -offer property tax exemptions or installation aids to encourage business establishments. These aids can also include subsidies for the purchase of land or premises, as well as financial support for necessary renovation work.

Administrative Constraints

Administrative formalities constitute another major obstacle. Between building permits, operating authorizations, and environmental standards, the administrative process can be long and complex. The government has implemented measures to simplify these procedures, such as "turnkey" industrial sites, which reduce delays and administrative complexities by offering ready-to-use land, already compliant with regulations. Territories play a key role in supporting entrepreneurs in these processes, providing advice and facilitating interactions with local administrations, significantly reducing the associated delays and costs.

Establishing Your Business in Suitable Premises

Finding premises suited to the specific needs of the business is often a headache. Whether in terms of area, layout, or technical infrastructure, the available premises must meet the operational requirements of the business. Local authorities can offer tailor-made solutions by identifying modular sites or facilitating necessary adjustments. For industrial activities, for example, they can direct entrepreneurs to premises with appropriate infrastructure, such as loading docks or specific storage areas.

Flexibility and Scalability

Another challenge is finding premises that offer a certain level of flexibility and scalability. Growing companies need to quickly adapt to changes in size or team configuration. Long-term, rigid leases can be a hindrance. Territories can offer office or coworking solutions, providing the necessary flexibility to adapt to market changes. In France, the average duration of a commercial lease is nine years, with possible termination periods every three years, but alternative solutions can be found, notably through local networks.

Environment and Quality of Life

The working environment is increasingly important for attracting and retaining talent. Premises located in attractive neighborhoods, offering amenities such as restaurants, green spaces, and good access to public transport, are preferred. A 2023 survey by the Observatory of Workplace Well-being revealed that 75% of employees consider the working environment as a key factor in their well-being and productivity.

Logistics: An Aspect Not to Be Overlooked

Logistical issues should not be underestimated. The availability of parking, accessibility for deliveries and shipments, as well as transport infrastructure are crucial aspects. For a distribution company, for example, establishing close to major highways and transport hubs can be facilitated by local authorities.

Invest-HUB: A Platform to Support Your Business Development and Establishment Projects

Finding new premises for a growing company is a complex task that requires juggling numerous constraints and priorities. However, entrepreneurs can benefit from the support of Invest-HUB specialists to overcome these challenges. From location to cost, through administrative formalities and specific premises requirements, their in-depth knowledge of territories is a valuable support. By better understanding these challenges and leveraging available resources, business leaders can approach the search for new premises with all the tools at their disposal, optimizing their chances of success.