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Tenants are often handed a long, dense lease with incomprehensible language and told to just sign it. Even if they’re unable to negotiate better terms, they need to understand the rules that they’re agreeing to play by.
Unless a small business owner operates a business out of her home, or owns the building from which her shingle dangles, she needs to lease commercial space. For the typical owner, this process can be daunting -- and cluttered with costly, potential pitfalls. With Leasing Space for Your Small Business, entrepreneurs can proceed with confidence. This practical handbook explains how to analyze space needs and then go about finding the ideal location at the best price. Readers learn how to:* determine the real cost of renting* negotiate with an experienced landlord* read the small print in a lease -- and protect themselves if the landlord presents a one-sided lease* allocate the responsibility -- and cost -- of fixing up the space* deal with a contractor during remodeling * end a lease early* share the space with a sub-tenant* respond to an eviction notice* problem solve without hiring a lawyer.Comprehensive and, as always, written in plain English, Leasing Space for Your Small Business is essential for entrepreneurs on the hunt for a fair and workable lease.
"Unless a small business owner operates a business out of their home, or owns the building from which their shingle dangles, they need to lease commercial space. For the typical owner, this process can be daunting -- and cluttered with costly, potential pitfalls. With Negotiate the Best Lease for Your Business, entrepreneurs can proceed with confidence. This practical handbook explains how to analyze space needs and then go about finding the ideal location at the best price. Readers learn how to: * determine the real cost of renting * negotiate with an experienced landlord * read the small print in a lease -- and protect themselves if the landlord presents a one-sided lease * allocate the responsibility -- and cost -- of fixing up the space * deal with a contractor during remodeling * end a lease early * share the space with a sub-tenant * respond to an eviction notice * problem solve without hiring a lawyer.Comprehensive and, as always, written in plain English, Negotiate the Best Lease for Your Business is essential for entrepreneurs on the hunt for a fair and workable lease."
Negotiate commercial leases and renewals like a pro Renting space for businesses and navigating a commercial lease can be a daunting task for those without expertise, as errors or oversights can cost thousands of dollars. Thankfully, Negotiating Commercial Leases & Renewals For Dummies takes the mystery out of the commercial leasing process and offers expert tips and advice to help small business owners successfully negotiate their leases???without losing their cool, or their cash. From one of the industry's most respected and experienced consultants, Negotiating Commercial Leases & Renewals For Dummies provides tenants with tips and advice on finding the best location and amenities for a business; understanding space needs and maximizing lease space; ensuring fair operating costs and keeping rent fees at a manageable level; minimizing the deposit requirement; mastering and executing negotiation strategies and tactics; and much more. Discover the rights and responsibilities associated with commercial leases Find out how much negotiability and flexibility you can expect in commercial leases and renewals Get to know which laws protect you and your business Negotiating Commercial Leases For Dummies is essential reading for the more than 10 million business owners, entrepreneurs, retailers, restaurants, doctors, and franchise tenants who lease commercial, office, and retail space across North America.
All the information, advice & strategies you neet to evaluate commercial space; determine the real cost of renting; deal with landlords, brokers & lawyers; understand lease terms; negotiate advantageous terms and avoid common pitfalls.
An authoritative resource to all aspects of negotiating and drafting effective commercial property leases, this book features an array of state-of-the-art lease forms that can be quickly tailored for a particular transaction. Expert commentary is woven into the text to clarify and explain each provision of the leases included: office leases, retail leases, industrial and warehouse leases, and specialized leases, plus lease-related documents. Features 21 lease forms and six lease-related documents; 14 in the book and CD-ROM, an 13 only on CD-ROM.
This book is written from the perspective of a Tenant having the advantage of time. Time to incorporate business planning, to review and hire the best real estate broker, to find the appropriate space, to negotiate the lease terms and time to complete any necessary remodeling. The best way to do this is for the Tenant to schedule time wisely and organize a timeline.
Negotiating Business Equipment Leases is designed to help you negotiate long-term equipment leases at favorable rates while avoiding the blind spots, pitfalls, and out-and-out deceptions that frequently take place in leasing. The author coaches both the negotiating novice and the experienced professional step by step through every critical phase of the lease negotiation process - from choosing the right lessor, to gaining and keeping maximum bargaining leverage, to closing the deal. You'll discover how to quickly spot a lessor's Achilles' heel and turn it to your advantage as well as protect yourself against the questionable tactics some leasing companies use to gain the upper hand. You'll learn how to check out the background and reputation of prospective lessors; how lessors profit in a lease transaction and what concessions they'll make on request; why lessees often compromise before the deal request is made; how to gain respect, credibility and bargaining power; what to look for in a lessor's offer; how to write a bid letter (RFQ) that gets your leasing requirements met; why putting together the lease agreement is part of the negotiation process; and even how to get out of a lease when necessary. Negotiating Business Equipment Leases is your personal lease advisor, enabling you to negotiate as a leasing expert, even if you have no financing or negotiating background. For the experienced negotiator, the information offered here will add even more power to your bargaining ability.
Signing a commercial lease could be one of the riskiest things you do in your business. One error or oversight could cost you thousands of dollars and even jeopardize your business.A tenant's guide to leasing - Learn tips on negotiation strategies - Get the best deal possible - Find out how to maximize free rent.