Everybody wants to work in an office that generates a lot of envy. The beautiful, modern building with the glass finishes and plenty of natural light that glitters seemingly on cue when you show of your new business to friends. Nobody wants the dungeon office; complete with one pigeon-holed window and a landlord that looks like he emerged straight from the pages of the latest Stephen King novel. To find the perfect place you need to know how to navigate your way around a commercial lease negotiation (which is why we’ve detailed the negotiation process below). Here are the questions you need to ask before you begin negotiating.
The Questions You Need to Ask Before Your Next Commercial Lease Negotiation
1. Who’s Coming In?
The primary thing you want to consider before you go into a commercial lease negotiation is: who is actually going to be visiting the space? Who are the customers you are trying to attract and who will be frequenting your office? If you have answers to these questions, you should be able to envision the kind of premises you need to bring in the customers you’re looking for. A spot on Main Street is always great for traffic, but a tiny space could seriously detract from your ability to capably sell your product or service. Try to find a space that gives you the best of both worlds.
2. Who’s Working There?
Your second consideration when it comes to a commercial lease negotiation should be your employees. Since your business revolves around their performance, you should focus on finding a space that helps them do their job and do it well. If the premises you’re scouting out is suitable for your employees and customers then you may want to consider placing an offer.
3. Does the Space Make Sense for Your Business?
If you work in retail you’re probably going to need more space than someone who owns a law firm. The main thing you need to consider here is… what is the most efficient way to turn the premises you are viewing into a viable space for your Long Island small business? If you can’t find a way to appropriately stage the office, you may want to consider other alternatives.
While it may seem difficult to win a commercial lease negotiation it really only takes the right set of questions and some determination to find the best space for your Long Island small business. Hopefully the questions listed above help you narrow down your long list of commercial properties. If you have any further questions about commercial lease negotiation please feel free to give us a call at 516-248-6905. We look forward to hearing from you!
