Business premises checklist

Using a checklist is a practical way to compare business premises and helps you to make an informed decision about the site that best suits your business.

Create a checklist of what is important to your business and give each item a weighting. For example, a weighting of 1 means the item is not essential, while 5 means the item is essential to your business.

Then you're ready to grade each item. For example, a grading of 1 means the item is not satisfactory, a 5 means it is passable and a 10 means it is excellent.

When you type your entries into the below checklist, it will automatically multiply the weighting by the grading to give a weighted score for each item. Using weighted scoring is a good strategy to compare premises as it takes into account the importance of each item to your business, and this is reflected in the total score.

Once you have scored all premises, you can create a shortlist. If no premises scores highly on your checklist, it may be time to consider another area.

Sample business premises checklist

Also consider...

• Use our market research kit to find key economic, demographic and statistical information about your industry.
• Visit Australian Business Licence and Information Service (ABLIS) for licensing information tailored to your business.
• Check you have the skills for running a business.