Just Elementary, Inc. » Entries tagged with "Lease Indexing"
What to Negotiate in your Commercial Lease BEFORE you open your business
The success of a business depends on many factors, including the terms of the premises lease. This post is a discussion of seven of the many important items to negotiate in a business lease before signing it and opening the doors for your business. The Lease Rate Below Fair Market Lease Rate If you are able to negotiate a below fair market lease rate then you are in good shape, as it gives you a great leg up … Read entire article »
Filed under: Commercial Leasing, Negotiation
The initial terms to negotiate with a landlord for a retail business lease
Already found a suitable location for your business? Then, the next step is Negotiating a Lease for your Business? Here are Five basic terms to start with. But remember that there is plenty more to negotiate after you have reached an understanding on the following four points: The Base Rate The Lease Indexing The Length of the Lease Number of Option Terms Personal Guaranty Terms Starting with the Base Rate is the most common lease term to negotiate. It is important … Read entire article »
Filed under: Commercial Leasing