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When renting a premises makes sensehttps://www.businesspartners.co.za/en-za/entrepreneurs growth centre/Useful-articles/when-renting-a-premises-makes-senseWhen renting a premises makes senseThere is a certain allure to owning your own business premises that tends to skew the decision of whether to buy or to rent in favour of ownership – security of tenure, the freedom to chop and change the structure, the growth of the value of the property, and, often, the stature that property ownership seems to add to business achievement.2017/05/29 10:00:00 PM
Seven things to consider before signing a lease for business premiseshttps://www.businesspartners.co.za/en-za/entrepreneurs growth centre/Useful-articles/seven-things-to-consider-before-signing-a-lease-for-business-premisesSeven things to consider before signing a lease for business premisesFor many entrepreneurs, signing a lease for their first business premises marks a seminal moment in the growth of their ventures. After months or years in the home or garage, it can seem like the first real step into the business world. It is often also one of their more substantial deals which, if they get it wrong, can cost them many tens of thousands of rands.2017/05/29 10:00:00 PM
Ten tips for finding the right rental premises for your businesshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/ten-tips-for-finding-the-right-rental-premises-for-your-businessTen tips for finding the right rental premises for your business“This is the best time for a business owner to be looking for rental premises in South Africa,” says Stanton Naidoo, COO of Property Management Services at Business Partners Limited. The chances of finding just the right spot at the right price is ideal under the current conditions in the business property sector, which makes it very much a tenant’s market, he says.2017/03/26 10:00:00 PM
The top five reasons to buy your business premiseshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/the-top-five-reasons-to-buy-your-business-premisesThe top five reasons to buy your business premisesRenting your business premises from a landlord makes a lot of sense when a business is young. Even though most entrepreneurs start out with loads of optimism, nobody really knows just how big a premises they will need or will be able to afford.2016/07/27 10:00:00 PM
Growing your property portfolio not as simple as it seemshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/growing-your-property-portfolio-not-as-simple-as-it-seemsGrowing your property portfolio not as simple as it seemsIn many cases, the most straightforward property investment decision you can take is to buy the building that your business is based in. Although no property deal is risk free, at least you know the building, the area – and of course the tenant. But what if you're interested in expanding your property investment portfolio beyond the building that you occupy?2016/05/26 10:00:00 PM
Property market outlook: gloomy, but with pockets of growthhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/property-market-outlook-gloomy-but-with-pockets-of-growthProperty market outlook: gloomy, but with pockets of growthIt is getting close to a decade since the bottom fell out of the property market and still the global financial crisis of 2008 casts its long shadow over the year ahead. The gloom is made worse by yet more shadows cast by recent setbacks.2016/05/26 10:00:00 PM
Five common mistakes to avoid when buying a propertyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/five-common-mistakes-to-avoid-when-buying-a-propertyFive common mistakes to avoid when buying a propertyWhen things go wrong in commercial property investment they can really go badly wrong, because the consequences are often counted in millions or rands. (BUSINESS/PARTNERS) property investment general manager, to list five common mistakes made in commercial property investments.2015/05/26 10:00:00 PM
Buying a propertyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/buying-a-propertyBuying a propertyAn investment or a curse? There is something about owning a property that gets the blood of business owners pumping. On the face of it, buying a business property is supposed to be a clinical decision, albeit a complex one. But Gerrie van Biljon, Business Partners Limited (BUSINESS/PARTNERS) executive director, finds that there can be deep emotional issues mixed in that can cloud judgments.2015/05/25 10:00:00 PM
Building success a step at a timehttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/building-success-a-step-at-a-timeBuilding success a step at a timeI've worked with Business Partners since 2009 and we have always had a good working relationship. We are currently working on a number of deals together and will continue to do business in the future.2014/11/27 10:00:00 PM
In hard times, property location becomes even more importanthttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/in-hard-times-property-location-becomes-even-more-importantIn hard times, property location becomes even more importanthe thing about a cliché is that it always contains a kernel of truth, and no less so for the well-known refrain of "position, position, position" as the three most important factors to consider when buying property.2014/11/24 10:00:00 PM
Thinking of redeveloping? Do your calculations carefullyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/thinking-of-redeveloping-do-your-calculations-carefullyThinking of redeveloping? Do your calculations carefullyOn the face of it, an older commercial building can look like a juicy opportunity for any business person with an entrepreneurial eye and some surplus cash to invest. A lick of paint, a bit of fixing, and the tenants will be queuing up to sign long, easy leases, right?2014/11/24 10:00:00 PM
Buying a property for your businesshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/buying-a-property-for-your-businessBuying a property for your businessIf you're thinking about buying commercial property, knowing the ins and outs of buying in this sector will ensure that you make a sound investment with both short and long-term rewards.2014/09/26 10:00:00 PM
Buying your premises: good for business, but also for the hearthttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/buying-your-premises-good-for-business-but-also-for-the-heartBuying your premises: good for business, but also for the heartOnce you have settled on a property that you would like to buy for your business, there will be various contracts to negotiate. This article will give you a very basic guideline, but this is an area where the expense of legal representation is money well spent.2014/09/26 10:00:00 PM
Choosing the right location for your businesshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/choosing-the-right-location-for-your-businessChoosing the right location for your businessYou feel the time is right to buy premises for your business and for whatever reason (you've outgrown it or it's not the right location), you want to move from your current location. A new location is a long-term commitment and can make or break the business, so it's important that you do your homework.2014/09/26 10:00:00 PM
Contracts related to buying commercial propertyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/contracts-related-to-buying-commercial-propertyContracts related to buying commercial propertyOnce you have settled on a property that you would like to buy for your business, there will be various contracts to negotiate. This article will give you a very basic guideline, but this is an area where the expense of legal representation is money well spent.2014/09/26 10:00:00 PM
The importance of obtaining approved building plans from the sellerhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/the-importance-of-obtaining-approved-building-plans-from-the-sellerThe importance of obtaining approved building plans from the sellerThe National Building Regulations and Building Standards Act (no 103 of 1977) stipulates that no person may erect, alter, add to, or convert any building without the prior approval of the Local Authority. Building without approval, can have disastrous consequences.2014/09/26 10:00:00 PM
Investing in a commercial property joint venturehttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/investing-in-a-commercial-property-joint-ventureInvesting in a commercial property joint ventureLong since regarded as a good bet, investing in commercial property can yield substantial returns over a number of years. Unlike with residential property, a commercial investment is usually paid off within ten years and once the property is paid off and occupied by long-term tenants, the property owner can start investing in more properties.2014/09/25 10:00:00 PM
Property rewarding for astute investors, but note the warning labelhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/property-rewarding-for-astute-investors-but-note-the-warning-labelProperty rewarding for astute investors, but note the warning labelOwen Holland, Business Partners property investment general manager, understands why business owners who find themselves in the harvesting stage of their careers often look to the property industry to invest their surplus income.2014/05/28 10:00:00 PM
It's a tenant's market, but not much to smile abouthttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/its-a-tenants-market-but-not-much-to-smile-aboutIt's a tenant's market, but not much to smile aboutGiven the current conditions of the South African business property market, tenants should be smiling, but the underlying cause is the lacklustre economy which tends to spread its misery to both landlord and tenant.2014/05/22 10:00:00 PM
Business property remains safe haven for careful investorshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/business-property-remains-safe-haven-for-careful-investorsBusiness property remains safe haven for careful investorsOnly economists are brazen enough to predict the future and Owen Holland states upfront that he is no economist. But as Business Partners' property investment general manager, overseeing a portfolio of close on R1 billion, his feeling of optimism for the property market as an investment haven in the coming year is not entirely a thumb suck.2013/11/21 10:00:00 PM
10 things to consider when you're thinking of buying a propertyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/10-things-to-consider-when-youre-thinking-of-buying-a-property10 things to consider when you're thinking of buying a propertyWhen it comes to the question of whether it is better to buy or rent your business premises, the phrase used most often by business experts is "it depends". Jeremy Lang, Business Partners regional general manager, is no exception. It is an age-old question, he says, in which each business must grapple with its own unique needs and circumstances2013/07/25 10:00:00 PM
Buy or rent: a simple question with some intricate answershttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/buy-or-rent-a-simple-question-with-some-intricate-answersBuy or rent: a simple question with some intricate answersOwen Holland, general manager for property investments at Business Partners, has a simple rule of thumb when it comes to the question of whether to buy or rent your business premises: when you are planning to stay there for more than five and especially ten years, rather buy.2013/07/25 10:00:00 PM
10 things to consider when you're thinking of buying a propertyhttps://www.businesspartners.co.za/en-za/media-centre/media-releases/south-africa/10-things-to-consider-when-youre-thinking-of-buying-a-property10 things to consider when you're thinking of buying a propertyWhen it comes to the question of whether it is better to buy or rent your business premises, the phrase used most often by business experts is "it depends". Jeremy Lang, Business Partners regional general manager, is no exception. It is an age-old question, he says, in which each business must grapple with its own unique needs and circumstances.2013/07/25 10:00:00 PM
Property offers great opportunities, but tread carefullyhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/property-offers-great-opportunities-but-tread-carefullyProperty offers great opportunities, but tread carefullySay “property portfolio” to a business owner who lived through the 2008 crash and chances are they would instinctively flinch. But Willem Bosch, COO of property management services of Business Partners, believes the property market offers great investment opportunities for entrepreneurs who need to squirrel away some surplus cash.2013/05/12 10:00:00 PM
2013 set to provide opportunities for savvy commercial property investorshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/2013-set-to-provide-opportunities-for-savvy-commercial-property-investors2013 set to provide opportunities for savvy commercial property investorsAccording to many economists, the outlook for the local commercial property sector for 2013 seems to be dim. However, according to Gerrie van Biljon, Executive Director of Business Partners Limited, on the back of these dismal views, the current environment in fact provides a good opportunity to purchase commercial property, due to the market still offering reasonable returns.2013/03/19 10:00:00 PM
Economists agree on grim 2013 for landlordshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/economists-agree-on-grim-2013-for-landlordsEconomists agree on grim 2013 for landlordsLearned economists are well known for directly contradicting one another in their forecasts, but from time to time a strong consensus emerges even among this quarrelsome lot. The outlook for the business property sector in 2013 seems to be one of these occasions. Finding an economist who predicts a good year for landlords is about as elusive as finding an honest winner of the Tour de France.2013/02/05 10:00:00 PM
Multi-tenanted property FAQhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/multi-tenanted-property-faqMulti-tenanted property FAQFinancing multi-tenanted property investments What is multi-tenanted property? What is the nature of a multi-tenanted investment? How does the financing of multi-tenanted properties work? What are the benefits of purchasing commercial or industrial property as an investment? What services are offered in the case of a multi-tenanted property? What is the typical profile of multi-tenanted properties that are suitable for investment? How do entrepreneurs get involved in multi-tenanted investments?2012/12/10 10:00:00 PM
Property finance FAQhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/property-finance-faqProperty finance FAQFinancing or refinancing your own business property What are the benefits of purchasing a property for use as premises for a small or medium enterprise? Can Business Partners Limited finance my business premises? Is 100% finance available to purchase a property?2012/12/10 10:00:00 PM
Finding the right location for your small businesshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/finding-the-right-location-for-your-small-businessFinding the right location for your small businessFinding the right location for your small business is a matter of determining what is absolutely crucial and what can be safely compromised. There is a lot riding on this important decision, and with so many factors to consider, it can seem overwhelming.2012/11/04 10:00:00 PM
Buying vs rentinghttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/buying-vs-rentingBuying vs rentingMany small businesses are successfully started and run from home. But as the business grows, or if you intend to open a shop, then you will have to look at commercial property. And that opens up an interesting debate – do you rent, or do you buy?2012/08/19 10:00:00 PM
Financing your commercial property purchasehttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/financing-your-commercial-property-purchaseFinancing your commercial property purchaseIf you've found a property you'd like buy to for your business, the next challenge is to apply for a bond. Here are some frequently asked questions about finding finance for commercial property.2012/04/15 10:00:00 PM
Tips when looking for business premiseshttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/tips-when-looking-for-business-premisesTips when looking for business premisesOne of the things you have to think about carefully when starting or buying a business is where it is or will be housed. There are many factors that will influence your decision, but let’s look at the most important issues to get you in the right frame of mind.2012/04/15 10:00:00 PM
The property market reviewhttps://www.businesspartners.co.za/en-za/entrepreneurs-growth-centre/useful-articles/property/the-property-market-reviewThe property market reviewPrevailing confidence in the property market, while still low, varies from sector to sector. In a way, it’s like a sputtering high performance engine running on low grade fuel. The question is, why?2011/07/13 10:00:00 PM