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August 2019 Archives

Negotiate the terms of a commercial lease

Many things go into making sure that a commercial lease is a good match for both parties. There are instances in which negotiations might have to happen to hash out the details. Since there is no such thing as a standard commercial lease, any point in the contract should be negotiable. Some landlords will refuse to negotiate at all. If you do find one who is willing to, make sure that any points that are agreed upon are clearly written in the contract.

Do you need to send a breach of contract letter?

Construction projects can often have their ups and downs. Unexpected issues could cause delays, and in some cases, projects could end up costing more than anticipated. Because you have some experience in the construction industry, you understand that problems are more the norm than the exception.

Know the factors that can impact commercial property suitability

Commercial real estate isn't a cheap investment. Because you are going to spend a lot of money on these purchases, you must ensure that they are the rights ones for your company. There are several things to consider before you make a decision about a particular property.

Business owners need to dig deeper into a succession plan

When company owners think about a succession plan for the business, they often focus on who is going to take their place when they die. This is certainly important because the business can't run without someone in charge. It is imperative that they have someone trained to do their duties so that the people who count on the company can continue to operate.

Soil quality is important for new constructions

Many people don't realize that the condition of the soil can have a big impact on the suitability of the location they are planning to build a home. When a home is built on an unsuitable foundation, stability issues that compromise the home can occur. There are several things that can compromise the quality of the soil, so it might be best to contact a soil engineer to determine if anything needs to be done prior to the start of building.

Make sure a real estate purchase is best for your company

Buying commercial real property is a big investment for your business. Before you initiate a transaction, you need to make sure that you are doing what is best for your company. If you don't ensure that everything meets your needs, you will eventually regret your decision. There are several factors that you need to consider when you are trying to decide whether a property is suitable or not.

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