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What You Need to Know Before You Lease Commercial Property for Your Small Business
Renting space for your small business involves more than finding the perfect location at a price you can afford. Why? You’ll also need to sign a lease, a complex document that typically favors the landlord—and your success can hinge on its provisions. But the terms of a lease are usually flexible, and with a little know-how, you can negotiate terms that work for both yourself and landlord. Things to Know Before You Negotiate Your Commercial Property Lease These are key areas to consider before you sign on the dotted line. Square Footage Most commercial leases are quoted on a Rentable […]
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5 Tips for Choosing a Commercial Property Insurance Plan
The macro-economic picture of the United States now looks stronger following the Great Recession that began in 2008. And, as a part of this economic recovery, demand for construction services has begun to grow and commercial property purchases have increased. According to a report on the commercial real estate industry by real estate firm CB Richard Ellis in October 2016, the American industrial market has expanded for 26 consecutive quarters. Three cheers for the recovery! If you are one of the many new or existing owners of commercial property in America, now may be a good time to consider purchasing commercial property insurance to […]
