One of the biggest expenses any growing business has is office space. Working to negotiate a fair Office Lease in Newnan GA is possible if the tips here are used. The fact is, most office space offerings will provide a number of negotiation points. The key is for a business owner to know what these are. Learn more about negotiating an office lease here and how to make sure it meets the company’s current and future needs.
The Length of the Lease
The majority of landlords will be willing to make concessions for a longer lease. However, if a company’s needs change, and the business owner finds they are locked into a lease that is too big or small or a rent amount that is more than can be paid, it can be problematic. As a result, it is a good idea for a business owner to negotiate a lease with a shorter term as well as renewal options. For example, a lease for two years, with a two-year renewal option, instead of a lease that lasts four years.
Improvements Made by Tenants
At some point, the office space rented may require some alterations or improvements. Who is going to pay for these improvements, such as new paint, new carpet or reconfiguration of the space? The answer to this is going to depend on the office space market in the city. The majority of leases will outline what a tenant can and cannot do without getting consent from the landlord. It may be wise to ask the landlord to include a clause in the Office Lease in Newnan GA that allows improvements or alterations to be made without getting consent first.
When it comes to negotiating an office lease, there are more than a few things to consider. Keep the information here in mind to ensure a lease meets the needs of the company. More information about negotiating a lease can be found by taking the time to Browse our website. Being informed is the best way to get the results desired from the lease for a business’s office space needs.
