10 Costly Mistakes Tenants Make When Negotiating a Commercial Lease or Renewal
By Dale Willerton and Jeff Grandfield
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About this ebook
With this informative 8 eBook series you will save a ton of time and learn how to avoid making costly mistakes when starting up or purchasing a new business or franchise.
You Will Learn How To:
Avoid Mistakes when Buying a Business.
Register Your Business with the Government.
Negotiate a Commercial Lease.
Obtain Financing for Your Small Business.
Find Out if Franchising is Right for You.
Legalities of Buying a Business or Franchise.
Choose a Business Structure.
Exit Strategies.
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10 Costly Mistakes Tenants Make When Negotiating a Commercial Lease or Renewal - Dale Willerton
10 COSTLY MISTAKES TENANTS MAKE WHEN NEGOTIATING A COMMERCIAL LEASE OR RENEWAL
MISTAKE #1: NOT ALLOWING ENOUGH TIME
One business-owner planning to open his first retail store hired us to do his site selection and negotiate his lease. Shortly thereafter, his stock began arriving. He informed us that if he didn’t open within a few weeks, he would miss the busy holiday shopping season entirely and would lose money as a result. Another tenant called us to inquire if our upcoming seminar that evening would help her negotiate her lease renewal. She went on to explain that her lease was expiring the very next day.
Our point here is that TIME will be your ally or your enemy –