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Shark Tank Keeping Your Cool During Negotiation
Last up in the Shark Tank was Donny McCall of Invisa-A-Rack (@InvisARack). Invisa-A-Rack is an innovative product that is used on pickup trucks to help organize and haul additional cargo. You can find Invisa-A-Rack on Amazon. The genius of the product is that the racks can fold away and be out of sight, letting the truck not look like a cargo vehicle when desired in less than a minute. This is a product that makes a lot … Read entire article »
Filed under: Business Tips, Negotiation
Former La Salsa Space in Irvine for Lease
The former La Salsa Restaurant Space in the City of Irvine, California is for lease. It is located at the Commons Plaza, just off the 405 freeway and Irvine Center Drive. This particular unit is the end cap unit and has exclusive patio seating for additional ambient dining capacity. Hood is intact, with a walk in cooler. This is ideal for a conversion to another concept or brand with much less work to do when … Read entire article »
Filed under: Commercial Leasing
Maintaining Negotiation Leverage – Primary Business Lesson from Shark Tank
Back for a new season of wheeling and dealing, we’ll review the business models, proposed transaction, negotiations and other business lessons on display on ABC’s Shark Tank just as we did for the previous season’s episodes. The first business that was presented on the episode is a product that you can find on Amazon: Clean Bottle (twitter @CleanBottle), founded by Dave Mayer. The product is a sports bottle that has opening on both the top and bottom, which … Read entire article »
Filed under: Business Valuation, Negotiation
Why Your Landlord Denies your Request for a Rent Reduction and Other Lease Modifications
In the course of helping our clients with renegotiating the terms of their lease and modifying their rent, we come across some situations where landlords have denied their current tenant’s request for rent reductions. In some of those cases there are things that can be done to change the landlord’s mind. The #1 reason a landlord denies a rent reduction request is that they feel that the tenant has not taken all possible steps to streamline … Read entire article »
Filed under: Commercial Leasing, Landlord, Negotiation, Renegotiation
Corporate Contractor License Advantages: Liability Protection, Transferability and Resale
California Contractors often ask us if there is any benefit to converting their business from being operated with a personal individual contractor license and a corporate contractor license. There is obviously costs associated with creating and maintaining a corporation and making the application to do the transfer. For a lot of contractors, these costs may be worth it for the following benefits Liability: Operating under a corporate contractor license adds an additional layer of liability protection from yourself. Transferability: Transferability … Read entire article »
Filed under: Business Tips
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