Introduction Reaching agreement on major lease terms A well-prepared letter of intent (LOI) speeds up the preparation and negotiation of the lease. Make sure to understand the lease agreement. The LOI outlines the major negotiable business points in a lease between the landlord and prospective tenant, prior to legal review. …

When you’re just getting started and cash is tight, you often have to cut corners. Is your computer network a place to economize? Robert Jones gives us his take on the fine line between frugality and stupidity. Setting up an efficient computer system is one of the most important challenges …

Introduction A lease agreement can be a very technical document that is difficult to read and understand. However, a lease agreement is important as it establishes a framework for the relationship between a tenant and a landlord, which may last many years. These materials explain some of the most common …

Initiating the formal negotiation process After the prospective tenant tours a number of available locations and picks the most promising spaces, the formal negotiating process begins. The request for proposal (RFP) lists the prospective tenant’s needs and requests more information about the space and potential terms of the lease. The …

“Why are commercial real estate leases different from building to building? In some the landlord pays operating expenses, in others the tenant does. Some quote rents on a monthly basis, others annually. Which lease is the best for my business?” No doubt, leases can be confusing! The reason why is …

Have you ever had a problem with hardware or software, particularly late at night or on a weekend? Me neither. But for those unfortunates who have, here’s a guide to the best online resources for help. Most small businesses do not have a full time computer systems staff, but your …

The 21st century has begun, and the office is still here. A new research study conducted for Knoll, Inc., by the independent market research firm DYG, Inc., revisists some of the myths promulgated in the early 1990’s by futurists and others who predicted the demise of the office by the …