Articles Comments

Just Elementary, Inc. » Negotiation

Nuts & Bolts to Due Diligence

Nuts & Bolts to Due Diligence

  What are the nuts and bolts of doing Due Diligence on a Business Opportunity? Of course this answer varies from business to business. In this post, we will discuss doing due diligence on B2B (Business to Business, i.e. Non-retail) businesses, such as manufacturers, service businesses and Distribution businesses. Naturally, you need to consult with legal and financial professionals in the process of doing due diligence, and even before you start. This post is informational in nature, … Read entire article »

Filed under: Business Tips, Due Diligence, Negotiation

The Missing Picture: Due Diligence

While you are analyzing a business for sale and after you have agreed to a preliminary terms to purchase a business opportunity, you are going to have to do perform and finish your Due Diligence. A quick note, you should consult with and hire legal and financial professional s to assist you with the process. Having been involved in many transactions, I can share some insight with you about the process and what to look for. Number 1 most important thing to figure out is why is the seller selling? Make sure it is a legitimate reason, such as a genuine retirement. Get to know your seller to the best of your abilities on a personal level. Meeting with the seller in casual settings … Read entire article »

Filed under: Business Opportunity For Sale, Business Tips, Negotiation

Five Rules for Negotiating Commercial Leases

Five Rules for Negotiating Commercial Leases

Your Bottom Line, is it important to you?  Yes, ok, then let’s see where you can increase it.  Occupancy cost is typically the first expense item we review as Commercial Brokers are at Just Elementary, Inc.  Every business has a physical cost to exist and occupy space, even virtual businesses (think server space). For  those business owners that lease the space that their business occupies, this post will cover Five basic Rules to negotiating or … Read entire article »

Filed under: Business Tips, Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation

Is My Industrial Business Lease Good or Bad?

Simple Things to consider whether your lease is friendly to your business, or is it holding your business back from growth and great profits and your lifestyle growths. Number 1, the occupancy cost.  Simply put, this is the lease rate, plus NNN charges including other cost variables such as transportation costs and operational efficiencies.  Ideally, the occupancy cost would be as low as possible.  Given the fact that Industrial properties are not the ideal ‘outside investor’ type properties, the only major factor affecting real estate prices and lease rates is the health of the economy.  In this recessionary market, most local industrial markets have seen lease rates plummet with skyrocketing vacancies.  This means Industrial property prices have plunged and availabilities are high.  So the good news is that you can attempt … Read entire article »

Filed under: Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation