If you’re looking for a city with a little bit of everything, then look no further. You’ll find an incredible amount of options in the city of Leipzig, Germany. From its nightlife to its history and architecture, there’s a lot to see and do in this gorgeous city.

However, if you want to start your own business there, things can get very tricky. For instance, to start an online marketing agency, you’ll need a office space. But if you want to rent or lease a commercial building in Leipzig, you’ll quickly learn that the cost of real estate there is very high. It’s not uncommon for commercial buildings to cost thousands of dollars a month.

So how can you afford to rent or lease a commercial building in such a city when you’re starting a business? Here are some of the things entrepreneurs have to consider.

Venturing into Self-employment

While it’s always an option to work for a large corporation, many entrepreneurs decide to go it alone. If you decide to take this route, you’ll need to prepare yourself for higher unemployment. It’s safe to assume that some of the jobs available will be part time or contract based. So you might not see many benefits besides the financial ones.

Self-employed individuals can deduct all their business expenses from their income. This means they can save more money for investments and savings. If you’re looking to start an agency in Leipzig, consider the perks that come with being your own boss.

Renting or Leasing a Home Based Office

If you don’t want to venture into self-employment, you can always rent a home based office. This way you’ll have the freedom to work from anywhere you want. It’s highly recommended by the American Institute of Stress to have your own office away from home. Even if it’s just a part time gig, having a dedicated office space will make a world of difference. Besides, you can access all the resources you need on-hand, whether you’re a graphic designer, web developer, or marketer.

A shared workspace is also great if you’re working with a team. It’s highly collaborative and helps foster a culture of productivity. If you’re looking to start a marketing firm in Leipzig, renting a home based office is a must.

Practical Considerations

If you have a family, you’ll need to think about how to properly accommodate them. Start by viewing the nearest school calendar and making sure you have all the necessary permissions. Also, make sure your chosen location is convenient for both parents. After that, you can start looking into childcare options. It might be worth considering daycare centers that specialize in marketing or business studies. They might be able to help you connect with other industry professionals.

If you’re looking for a city with a lot of opportunity, visit Leipzig. You’ll have a ball. Just remember to put the work in. If you want to start a marketing firm there, you’ll need to look into the legal and regulatory requirements first. Once you’ve got that taken care of, you can start looking for a suitable commercial building.