DATE: 2006-10-19 Most businesses require leased space. And 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 …
DATE: 2006-10-19 Office space is one of the largest expenses a growing company incurs. Negotiating the best lease possible can save your company enough to hire a few more employees or to launch a marketing campaign. No lease is standard, however, so here are some suggestions to help you become a little more lease-savvy and …
Negotiating the Best Office Lease for Your Business Read More »
DATE: 2006-10-19 Most form leases provide that the tenant can’t make any alterations or improvements to the premises without the landlord’s consent. Those provisions are typically too restrictive and you should attempt to negotiate changes. For example, try to get the right to make non-structural changes or changes costing less than $2500 without the need …
Tenant Improvements and Alterations of an Office Leases Read More »
DATE: 2006-10-19 A wide range of commercial leasing possibilities exist. Typically, an office lease in a major city and a retail lease in a suburban shopping center will be considerably different. From a broad perspective, there are a few types of leases commonly found. Within these categories, leases may vary considerably. Gross lease: The tenant …
DATE: 2006-10-19 Landlords and leasing agents typically want tenants to sign long-term leases. This type of lease, which may extend over many years, guarantees the landlord a reliable stream of rental income and allows them to avoid the hassle and expense of re-leasing the space. But if your business is growing and you don’t want …
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