Earlier this week we shared a few office leasing tips for small businesses and today we’re going to stay on the subject of small business and share a few of the common mistakes they make. As the largest expense a small business will incur it’s important to be as informed as possible before entering a lease. With that being said some of the common mistakes that small businesses make when leasing office space include:
- Making impulse decisions. As a financial investment and place you will spend a great deal of time leave emotions behind in order to make a thorough, informed decision.
- Relying only on listings. Listing are good to see what’s on the market but their information is often minimal inaccurate.
- Entering a lease without the help of a broker. Brokers are not only market experts and experienced in negotiating leases.
- Putting off the search for an office space. The search should begin at least six months prior to the estimated move-in.
- Entering the process without any knowledge of what goes into leasing commercial spaces.
If you are in need of commercial real estate services in South Florida call Morris Southeast Group at 866-930-1426.
