12 tips for negotiating a commercial lease

Author: External Author | | Categories: Accounting Firm , Accounting Services , Chartered Professional Accountant , Tax Accountant , Tax Services

Rent can be one of your biggest business expenses. However, many entrepreneurs do a poor job of negotiating their commercial real estate lease and wind up stuck with major hidden costs. If you’re not careful, that could have serious repercussions for your company’s profitability.

“It’s surprising how many businesses sign a lease without reviewing it,” says BDC Major Accounts Manager Brett Prikker, who has financed numerous commercial real estate transactions.

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Original Article Source Credits:   BDC , https://www.bdc.ca/

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Link to Original Article:  https://www.bdc.ca/en/articles-tools/money-finance/buy-lease-commercial-real-estate/how-to-negotiate-commercial-lease-effectively