Looking for your first office space? Texas Office Advisors has provided this article to help you with preparing for your first office space search.
A personal guarantee is a commitment by a guarantor to personally pay back the commercial lease obligation if their business goes under. A personal guarantee is an unsecured guarantee with no specific piece of property to be used as recourse. Therefore having one in your commercial lease contract, you are putting your own personal property […]
When starting a business, there are thousands of decisions to make. One of those is whether or not you need a traditional office space. You could set up shop in a coworking space but which is better for your company? Coworking vs. traditional office space is a question with a different answer for every business. […]
Millennials at work have become a very hot topic – probably because they make up the largest portion of the workforce in the United States. Creating an inviting office space for millennials will benefit your company. It can inspire the newly hired millennials and refresh your current employees. A great trendsetter in this area is the […]
The Basics of a Commercial Lease Renewal It can be a complicating process to properly negotiate a commercial lease renewal. Sometimes tenants have pre-set renewal clauses in their lease, however more often than not there is no existing right to renew present. Commercial landlords have no obligation to renew your lease. Hiring a quality tenant […]