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Small Business Starter
»Commercial Office SpaceSearch the Credit Resources Database
Advantages to Leasing Your Office Space
Aug 04, 2011If you plan on leasing office space, there are several advantages compared with buying property. Some advantages include deductible payments, no mortgage or down payment, negotiable rates, less paperwork, flexibility, fewer responsibilities, and tax credits.... Read More
Financing Commercial Property with Mortgage Loans
Aug 04, 2011Business mortgages are evaluated using two critical factors: the financial strength and stability of the borrower and the economic feasibility of the project. Determine where to apply, what loan you need, and down payment requirements.... Read More
How Much Office Space Does My Small Business Need?
Aug 04, 2011Avoid the costs associated with having a space that is too small or too large. Factor in your number of employees, budget size, parking options, building features, layout, and design before making a decision.... Read More
Important Commercial Lease Terms to Familiarize Yourself With
Aug 04, 2011Familiarize yourself with terms that frequently appear in lease agreements, such as use clause, exclusive clause, premises, and security, so that you can be prepared for discussions with a landlord.... Read More
Negotiating the Best Office Lease for Your Business
Aug 04, 2011Office space is one of the largest expenses a growing company incurs. Negotiating the best lease possible can save enough money to hire a few more employees or to launch a marketing campaign.... Read More
The Length of the Term in an Office Lease
Aug 04, 2011Landlords typically prefer longer term leases and may be willing to make concessions for such leases. However, if possible, the best lease is one with a shorter term and renewal options.... Read More
Understanding Lease-Renewal Options
Aug 04, 2011Landlords and leasing agents typically want tenants to sign long-term leases. But if you don't want your business locked into a 5- or 10-year lease, consider a short-term lease with renewal options.... Read More
Using a Debt-Management Firm
Aug 04, 2011Debt-management firms help businesses that are overwhelmed with debt get back on track. These firms negotiate with creditors for better terms on unsecured loans such as credit cards, utility bills, and IRS debts.... Read More
What is Business Debt Refinancing?
Aug 04, 2011The basis of business debt refinancing is the conversion of original debt into a new debt instrument. Businesses can consolidate and obtain better interest rates by paying off current debt with the new debt instrument.... Read More
Is Subleasing Office Space a Good Idea?
Aug 04, 2011Subleasing is a great way to secure short-term space and a below-market rate rent. However, you may have to move at the end of the lease or pay current market rates to stay put.... Read More
