Original article is located here. There are many ways to invest. But the most proven way of obtaining high returns has been through commercial real estate. This is not just a recent phenomenon – it dates back to the founding of the United States. John Jacob Astor became America’s first millionaire through commercial real estate in Manhattan. And the fundamental reasons that commercial real estate is the #1 investment choice remain as true today as they were in the 1800’s. Inc
Whether you’re just starting your first company, or looking to expand your operation, navigating the commercial leasing process can be complex and confusing, with few standard rules and lots of complicated jargon.
As you begin your search for the ideal office, retail, or restaurant space for your business, here are a few of the most important commercial real estate terms you’ll need to know.
Common Area Maintenance (CAM) – Also known as operating expenses, CAM expenses are
Choosing a retail space for your business requires many considerations. From the square footage and amenities to the lease or purchase price and utilities, you need to carefully review every detail about a prospective space for your company to set up shop. Here are some of the most important factors to contemplate before selecting a retail space for your brand.
Only scout retail locations with plenty of traffic. In the age of online shopping, today’s retail companies thrive
Leasing the right office is the ultimate goal for every business. With that search for the perfect space in which to set up shop, though, comes numerous financial decisions: from determining how much rent you can afford to saving for office all of the furniture and supplies you’ll need to help your staff be efficient and comfortable in their day-to-day. Before you decide which commercial real estate to lease, consider these three strategies for saving money in the long run. D
Many people dream of opening their own restaurant. But for most restaurateurs, dreams give way to harsh reality. Studies have found that 60 percent of restaurants don’t make it past the first year, with 80 out of business in five years.
While there are several factors that contribute to the success or failure of a restaurant business, many of them can be traced back to the commercial space owners have chosen to open their restaurant. Here are some tips for choosing the rig