Some Simple Lease Planning Tips

Thinking Business ManLeasing space for your business can be a nightmare or as easy as a trip to the grocery store. It’s all in the planning.

To make the job effortless, create a needs list (check list) of what it is you need and what your budget will allow. An example is if you were operating an administrative office with 3 sales people, 2 administrators, the boss, and room for a temp. What would a business like this require?

1000 to 1200 square feet, rest rooms, a conference room, lunch room, on a bus line,  7 desks, or do the sales people work from their home? How about signage exposure, parking requirements, and privacy? What does the perfect office look like for your business?

Be prepared to take somewhat less or somewhat more as you have no control of the marketplace. What about pricing? Work from your existing budget and business plan to determine what you are able to pay in rent.  Don’t forget to discuss Triple Net expenses for it may come as a surprise if not included in the lease. (More on this on another day)

To make the process easy make sure you have an experienced Real Estate Leasing Broker on your team.  They will know the market place and can get you up to speed quickly saving weeks of running around learning the market.

GOOD HUNTING!

2 Responses to “Some Simple Lease Planning Tips”

  1. Hmm it looks like your site ate my first comment (it was extremely long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still new to everything. Do you have any recommendations for rookie blog writers? I’d genuinely appreciate it.

    • VicH says:

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