Leasing Property
A lease agreement can constitute a significant financial commitment for a business. Yet, many people blindly sign leases that bind their business for many years without any meaningful attempt to negotiate the terms of the lease. When you find a great space and are ready to lease, the landlord typically hands you a preprinted agreement that he or she is likely to call a standard lease. This form undoubtedly favors the landlord. Don't be fooled and don't be afraid to carefully review and negotiate the lease.
A Sample Lease – Use this sample to get familiar with the contents found in most leases.
Lease Negotiations – Know the terms of a lease, what’s non-negotiable and the financial ramifications.
Managing the Move – When you’re planning and buying office furniture and a communications package, keep these two things in mind.
Renewal Options – Consider these options before you renew your lease.
Related Articles
| Choosing a Location Before we delve into the details of leasing or buying property, it's important to spend some time on the general concerns of your business and the location you choose for it. Do you need to move? If so, what kind of space do you need? What should you think about when looking for a space? What do brokers do, and do you need one? |
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| Leasing Property Most businesses need to lease space. As your business grows, you may need to add additional space for more people or increased operations. A lease agreement can constitute a significant financial commitment for a business. Yet many people blindly sign leases that bind their business for many years without any meaningful attempt to negotiate the terms of the lease. |
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| Buying Commercial Property Whether to purchase property or lease it is an important question. The answer can often be found in the finances and the size of the space needed. Many companies are not in the financial position to take on the debt of a large commercial loan. This section will help you assess the benefits and disadvantages, where yo |
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