setup is best and what environment your employees thrived in or didn’t. This is the first step when considering renewing or moving. Moving is probably costlier than staying, but if your business needs it, it will eventually be profitable. Once you’ve made a choice here, you can move forward with a new search or renewal negotiations. If you had any problems with the neighbors, the parking, or the landlord, you probably won’t want to relist. But if you did, weigh those negatives out against the hassle that is moving to help guide your decision. You could also use those negatives to help shape your negotiations.
EVEN MORE THAN MOVING INTO NEW SPACE, YOU HOLD THE VALUE TO THE LANDLORD
It may seem like the tenant thinks you are replaceable and they’re doing you a favor by opening themselves up for you to sign another term. In reality, it is the opposite. You hold more value to them than they do to you when you go into these negotiations. You could even go as far as to say that you are more important to them now than you were before you moved in. Think about it. Any buildouts and improvements they’d have to make out of their pocket for a new tenant would be much more expensive than keeping you as a tenant, even if there were some repairs or upgrades to make. Don’t let them convince you or try to convince you that you as a current tenant are less valuable than a new one. It’s simply not true from their financial perspective.
DON'T EXPECT FAVORS FOR BEING A GOOD TENANT AND GE ANT AND GETTING
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