By The Lease Coach
Readers of our new book, “Negotiating Commercial Leases & Renewals For Dummies,” will learn that the leasing process can take differing amounts of time, depending on whether you’re opening your first or fifth salon location. You can discover a lot during your first few lease deals that you can carry forward, potentially saving you both time and money with further leasing projects. The key is to give yourself ample time, so you can recover from setbacks and delays without it costing you more capital or rent.
At The Lease Coach, we have heard from many tenants who have explained they felt pressured by real estate agents to make a deal or sign a letter of intent. Many of those same tenants have regretted caving in to that pressure and making hasty decisions. Often you will get a call from the agent saying that someone else is looking at the space you looked at last week, so you had better hurry and sign an offer to lease. Don’t let stuff like that sway you. Pace yourself. Go your own speed and get it done right.
Click here to read the entire article in the latest issue of Smart Tan Magazine online.