As a business owner there are many factors to consider before signing a commercial lease. Some of the most important considerations are the costs and expenses you will incur as a tenant other than regular payment of rent. Understanding how the following costs are...
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Year: 2020
How can you properly handle late payments from tenants?
Even in the best economic times, a tenant may fail to timely pay their rent. When payment arrives late or does not arrive at all, commercial landlords have only as much protection as is given to them under the lease. For that reason, it is important to make sure you...
Commercial Leasing
Whether you are a business owner or real estate developer, it is likely that you will eventually have the need to enter into a commercial lease. The terms of commercial leases vary based on the nature of the leased space, the nature of the tenant’s business, and other...
Business financing: Where to start?
Starting a new business is an exciting time for many people in North Carolina and throughout the United States. Small businesses are critical to the local economy and help to fuel growth within the community. Once you have an idea of what type of business you would...
Perform your due diligence before you buy a business
Many successful entrepreneurs consider purchasing another business at some point. Whether you find a company that could complement yours or would like to buy out a competitor, you must complete your due diligence before establishing an agreement. A thorough...