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Log In / Register | Jun 25, 2017

Buying vs. Leasing Commercial Space: Pros and Cons for Franchise Tenants

As we explain in our new book, Negotiating Commercial Leases & Renewals FOR DUMMIES, the most common reason tenants lease space instead of buying a location is because of availability – or a lack thereof. Ninety-five percent of all commercial space is for lease and not for sale.

The Location You Lease is More Important Than the Franchise You Buy, Here's Why

When looking at franchise systems to join, potential franchisees will notice that many franchisors will operate on a “cookie cutter” system where each franchise store should more-or-less look and operate the same.

Chicken or Egg Site Selection and Leasing; Which Comes First, Finding a Franchisee or Finding a Site?

For over 15 years, we have been speaking at franchise shows across North America about real estate leasing.

Franchisees, Negotiate the Rental Rate

It should come as no surprise that rent can be one of your three major business expenses, if not the largest.

Importance for Franchise Tenants of Time, Timelines and Timing with Commercial Leases

In Negotiating Commercial Leases & Renewals for Dummies, it is shown that the leasing process can take differing amounts of time, depending on whether you are opening your first or fifth franchise store location.

What No One Ever Tells Franchisee Tenants about Leasing Commercial Space

As a franchisee and tenant, you may already have some preconceived notions about commercial leasing. Here are some things that no one (except The Lease Coach) tells a franchise tenant:

Franchisee Tenants … Beware of Landlords with 13-Inch Rulers!

Measure twice so you only pay once. That is to say, some landlords are over-charging franchisee tenants for more square footage than the tenant actually has. Are you paying too much?