Business owners must proceed with caution when entering into commercial leases. Along with a number of other concerns to tackle prior to entering into a commercial lease, the length tops the list. Most landlords will push for longer lease commitments, but you have to know when to push back!
Depending on the specific needs of your business, you will want to take certain considerations into account. For example, what if you need more space? What if you need to change locations? And while there are benefits to having a longer term lease in certain situations, a shorter lease term with an iron-clad renewal clause is almost always the safest, optimum option.
Don’t do this alone! Make sure you enlist the help of a professional to assist you in weighing ALL of your options before you sign on that dotted line! Contact C&G today!!
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