Negotiating a Commercial Lease
Series: BUSINESS ADVICE – FROM START UP TO SALE 2018
Your company has customers and needs room to grow – perhaps to accelerate production or to so there is a more professional place to meet with customers than the local coffee shop.
Entering into a lease for physical space may be one of the larger financial commitments the start-up will make, and it can either support growth or threaten financial survival. Access to adequate space, suitably located, zoned and equipped, fitting within budget, can be a challenge.
Should the startup lease or sublease, or even buy? Is a shared office arrangement suitable? Or can you get by as a virtual company with everyone working from home? If you lease, should you retain a broker? Do you err on more or less space? Must the founders sign personal guarantees?
Principal Audience: Attorneys and Advisors, Business Owners and Executives, Investors
Partner: ChamberWise, West LegalEdcenter
Meet the Panel:
Michael Schwarzmann is a Director at Crowe Horwath LLP. Michael has ...