Not many entrepreneurs are ready to start their business by purchasing their own premises. Also, not all individual entrepreneurs find it necessary to acquire their own real estate for conducting commercial activities. That’s why leasing premises is quite a common practice in business in Ukraine.
How to choose a space that will meet the needs of the lessees and what to pay attention to first and foremost – we will talk about all this in the article.
Leasing premises in the beauty industry
It seems that beauty salons are sprouting up like mushrooms after the rain, but this should not be surprising, as the demand for beauty specialists’ services is constantly growing. According to market analyses and considering the changing trends in business, leasing a workspace, office, or entire premises is considered a wise investment for investors and entrepreneurs nowadays. However, having decided on this responsible step, it is necessary to familiarize oneself with the recommendations and legal norms regarding the leasing of premises.
Features of leasing commercial premises
Success largely depends on the choice of premises. For conducting activities in the beauty sector, special attention should be paid to the compliance of the renovation with existing norms and requirements. When leasing a workspace, office, or entire premises, attention should be paid to:
- Compliance with standards in the renovation of the premises (use of non-toxic substances in renovation; materials for interior decoration must be only from the list allowed by the Ministry of Health of Ukraine);
- Wall renovations should be done in such a way as to allow for their sanitary processing and disinfection;
- Proper placement of the ventilation and air conditioning system;
- Compliance with drainage norms;
- Compliance with fire safety standards;
- Compliance with the norms for the placement of workspaces;
- The presence of emergency exits and the indication of evacuation routes;
- Equipment and furniture provided along with the leased premises;
- The presence of a continuous internet connection;
- The presence of a security system and/or video surveillance system.
What kind of premises is best to lease for conducting a beauty business
It is best to lease premises where beauty activities have already taken place and which have already passed checks. This should be either an existing beauty salon or, in the case of leasing spaces or offices by individual masters, specialized beauty hubs or beauty coworking spaces. For example, the GoBeauty Studios beauty hub network offers fully equipped offices for beauty specialists that meet all the mentioned norms.
Is it profitable to renovate “from scratch” in a leased premises intended for beauty procedures?
This question can be answered unequivocally – no. Renovation is only advisable in the case of purchasing one’s own premises. Also, attention should be paid to any renovation in leased premises. According to the standard lease agreement, current repairs are performed by the lessee, and major repairs by the lessor. However, when concluding a contract, it is necessary to check the clarity of the definition of “major” and “current” repairs – their differences and features, the technical complexity of the renovation. Renovation in leased premises is also not an easy task due to tax consequences with VAT and income tax, i.e., it requires additional work by an accountant.
