Opening a retail establishment in California is an exciting and potentially lucrative endeavor. However, it's essential to guard against unforeseen expenditures and liabilities that could put the store on the wrong side of government mandates. An important...
Commercial Real Estate
What are the different types of commercial real estate leases?
Commercial real estate leases differ significantly from residential ones. Therefore, Californians involved in commercial operations should understand the differences between renting a home and renting space in a commercial building. What are the types of commercial...
How to negotiate a retail lease agreement in California
Landlords in California are typically at an advantage when it comes to negotiating retail lease agreements. They have been in the business for years, so they have experience making a deal more favorable for them. However, you can still make a good retail lease...
Potential problem areas in commercial leasing
Commercial leases are complex legal agreements, and the two parties should carefully consider the terms of these contracts before signing. As the terms for these agreements typically last for months or years, it’s critical to avoid possible missteps that could cost...
What buyers should know about a commercial lease
It can be extremely difficult to locate a commercial property that suits the operational needs of your business while staying within your budget. Once you find a location, you may feel a sense of urgency to move forward as soon as possible, but there are specific...
What can stall my commercial real estate transaction?
Your commercial real estate purchase has undoubtedly been complex and perhaps even frustrating. At times you may have wondered if it was worth all the aggravation, but of course, you know that it is. Whether you are purchasing a property as an investment or to house...
Site selection: what franchise owners should consider
You have made the significant and potentially lucrative choice to open a franchise. Among countless other decisions, you will need to select a location. Choosing the site for your new operation could mean the difference between success and failure. You must carefully...
What unplanned costs are hiding in your commercial lease?
After finding a commercial property that will suit your needs, you now have a lease in your hands. You know enough about commercial leases to realize you should take the time to study it carefully and that you have the right to negotiate some of the terms. You may...
What type of commercial lease will you sign?
Starting or moving your business involves enough risks that you should not have to worry about the risks your commercial lease may contain. Too often, business owners sign leases they do not fully understand, which places them and their companies in a vulnerable...
Do CAM charges have you confused?
If you are preparing to sign a lease for a California commercial property, you would be smart to read it carefully and be on the alert for any surprise expenses. Your lease may include more than the amount of rent you will pay, and understanding those items may give...