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by Barbara Mende and Jon DriscollStart-up enterprises can get plenty of advice on writing business plans, choosing Internet services and even buying postage. But it isn't always obvious how to go about leasing office or retail space. Just finding vacant space can be tricky, while navigating leases can seem like learning a foreign language. Further, unlike residential transactions, commercial real-estate prices and conditions on the lease aren't matters of public record. Still, finding the right place for your business and negotiating a lease are essential to success. In a sense, signing a lease may be "the most important thing" a business owner does, says Barry Lang-Hodge, general counsel of LILI-CO of Franklin, Ohio, the second largest Domino's Pizza franchisee in the U.S. Here are some suggestions to simplify the leasing process:
1 Know what you want and need -Location hunting isn't simply a matter of finding an attractive space. Is it convenient for your employees? Are you paying for amenities you don't need? Are there nighttime-security issues? Can you expand if you grow faster than expected? Can you negotiate over remodeling expenses? 2 Assemble a leasing team - Office Furniture Solutions and a Commercial Real-Estate Agent - Professionals can help, at Office Furniture Solutions we will provide guidance on making a space fit specific business needs. Recently we worked with Nexus Payment Systems Principle, Tim Christenson to help him select the right space for their new business. After looking at numerous locations they narrowed it to three spaces. Tim call and we set about learning how Nexus wanted their office to work, how many employees were needed and what those people would be doing. From there we developed a plan and laid that plan in each of the final three spaces. The really good news was Nexus' requirements were met perfectly in the smaller of the three spaces. Thru good planning by Tim and Steve their savings in rent alone will pay for the furniture in less then eighteen months. 3 What to do next? Call us at Office Furniture Solutions, 951-699-6364, we have a network of Professional Realtors, Networking and Communications Installers, Carpet, Electrical, Construction and Move Management Contractors available to work as your team, on your schedule to meet your needs and save you money. ___________________________________________________ Products | Specials | Contact Us| Our Company| Facilities Infrastructure Technology ___________________________________________________
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