Smart Talk: Leasing Basics for Startups
Ideas, money, time, space. Such is the life cycle of an entrepreneur. If you're at a point where your idea for a business is ready to commercialize and enter the world, you'll need more than an office in the garage or a temporary workspace. It is time to begin looking at an entrepreneur's first true fixed expense...physical space.
This talk will walk through the basics of space leasing for startup companies. Property leases- whether for an office, lab, warehouse or otherwise- are replete with odd jargon and customs that surprise many first-time commercial tenants. Understanding the key points that comprise a lease put startups in a better position to negotiate and identify the most important needs for their company in pursuing permanent space to grow.