If you’ve already established a successful business and are looking to expand your available space, you’ve got a couple of options to consider: buying or leasing commercial real estate. There are benefits and downsides of each and carefully investigating aspects of both is your best way to make an informed
As exciting as looking for new office space can be, it’s also a daunting undertaking. Whether you’re looking for your first permanent office space or hoping to expand, the process is very similar. Aside from the logistics of actually relocating, ensuring continuity of business, and finalizing the lease negotiations, you’ll
Whether you’re opening your first public location or expanding to a new one, business owners tend to get more excited about finding a shiny new commercial space than they are determining whether it’s a viable one. But your company’s image and success are as tied to the right location as
In the restaurant industry, there’s a common joke: “What’s the difference between opening a restaurant downtown and burning $1 million on the street?” Answer: none. Despite the known upfront costs in starting a restaurant, one of the most common mistakes restaurateurs make is to underestimate the initial capital and budget
Whether you’re leasing or buying commercial real estate space, it’s a costly – and complicated – endeavor. And as with any long-term arrangement, it’s important to do your homework and protect your company’s best interests. That’s why a careful, thorough property inspection is an essential part of the transaction. By
