Thursday, November 5, 2015

Pros and Cons to Short or Long Leases

By Jason Brucella

If you're getting ready to lease a commercial space, finding the right property or unit is just the first step in the process. To get the most benefits out of the right space or property, you need the right lease agreement in place between you and your landlord and that means deciding whether a short or long-term lease is the better option for your business.

So which is best for companies?

There is no single answer. Short and long-term leases both have distinct benefits and drawbacks that you need to be aware of before you begin lease discussions with a prospective landlord.

Advantages and Disadvantages of a Short-Term Lease?  Advantages and Disadvantages of a Long-Term Lease? Click here to find out.