Moving into licensed property is easier, quicker and cheaper than taking on a lease or buying a freehold property. Licensed properties are often ideal for start-up businesses. You can get in fast, you do not need to tie up capital in the property and you have the flexibility to change premises easily as your business grows or your needs change. Another Information Briefing title, Searching for premises, compares the advantages and disadvantages of licences, leases and buying property. This briefing covers:
- The main features of a licence agreement.
- Why licences suit start-ups.
- What to look for in a licensed property.
- How to identify the real costs.
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