Office space is one of the largest expenses a growing company incurs. Negotiating the best lease possible can save your company enough cash to hire a few more employees or to launch a marketing campaign. Because no lease is standard, we offer some suggestions below to help you become a little more lease-savvy and negotiate a favorable office lease for your company.
Keep in mind that your ability to negotiate an office lease is dependent on how much leverage you have. Do your homework. Are other companies vying for the same space? Has the space been vacant for a long time? Factors such as these may make the difference between you calling the shots, or a landlord insisting on onerous terms throughout the lease process.
How can you figure out how much loss factor you’re signing up for when you are scouting commercial real estate? To answer that question, we must first define Rentable Square Footage (RSF) and Usable Square Footage (USF).
The add-on factor is the percentage of a building's gross usable space that is added to each tenant's rented space to determine their total rent.
Professional Signs for Tenants and Landlords
Attorney - Real Estate
Chiropractor & Health Related Services
Medical and Medicare Insurance Plans
Medical In-Home Services
Auto, Home, Business Insurance
Commercial and Residential Flooring and Installation
Travel Advisor and Planning
Commercial and Residential Landscaping
Professional Telephone Greetings
Professional & Personal Stylist
Commercial and Residential Painting
Attorney - Bankruptcy
General Contractor - Commercial and Residential
Reputation Management, SEO and Lead Generation
Content Strategy and Consulting
Attorney - Family & Estate Planning
Commercial and Residential Electrical Contractor
Office Furniture & Design Planning
Home and Commercial Inspections
Electronics Repair, Cellphones, Computers, Gaming
Graphic Design - Logos, Websites and Marketing Materials
Commercial and Residential Pest Control