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Think five senses: Can the ventilation handle a large number of warm bodies? Do you have adequate heating and cooling? Is the light adequate? While you hold classes, where will the sun be in relation to your windows? What is the air quality like? Is the noise level acceptable? Spend some time with the site, especially during the hours you will be holding classes. Picture yourself training there to see how it feels.

Figure Out How Much It Will Cost You

It’s crucial you find out exactly how much a space will cost you before you start making commitments and financial projections. Notice, we didn’t say how much the rent will cost you. We said how much the space will cost you.

The landlord will probably quote your rent in annual price per square foot. A simple formula can calculate how much that means in monthly rent.

The rent, however, is not the total price for the space. In a triple net lease—one of the most common commercial leases—rent is only one of three expenses you must pay monthly. The other two are rental tax and triple net.