One way is the terms of the lease. Whether ‘commercial property for lease’ signs abound or not, some tenants get better lease terms than others. Here are 7 hints for negotiating a lease so it has the best impact on your business’ profitability.
1. Whether you are leasing or reviving a lease, give yourself options. By that I mean, find more than one suitable place. So, in the event the landlord of the home you desire most is not inclined to accept your terms, you are able to proceed to your own second choice property in a timely manner. For more help you can also search space for office on the internet.
2. Make Time Your Friend
That one follows from the first one. In order to get suitable alternatives, you have to begin early. If you begin negotiating lease terms weekly before you will need to move, you’ll be a lousy negotiator. No, business owners do not wait till the last week. I am just making a point. However, they often wait past the time when they begin feeling pressure.
If getting the space prepared for occupancy, agreeing to the rental rate, making a space plan, getting building planning takes landlords in your area of interest at least 6 months to perform, do not begin the process 6 months before you must move or revive.
3. Figure Out All You should Know Before it’s Time to Negotiate
If you begin taking a look at space for lease early, you give time to yourself to seek out everything that is going on with the properties you are interested in leasing.
Their brokers as well as landlords would not have an interest in revealing each of the facts. They’ll divulge only as much as they think is needed to help you to lease and not give you a reason to break that lease.