and can rent a small amount of neighboring space from the landlord. These types of arrangements make a lot of sense for certain types of growing businesses.
ADDING IN A RI G IN A RIGHT TO SUBLEASE OR RENT OUT PART OF YOUR SPACE IF NEED CE IF NEEDED
If you expand much faster than you predicted, subleasing your place could be a better way of paying out your lease. Business conditions are sometimes volatile and simply can’t be predicted. If you have brought in too many employees for your spot, and it makes sense financially to move and sublease but if you can’t do that because of your lease, you’re in trouble. If this could be a factor in your company’s future at any time, make sure you can sublease and put it in the lease. The same goes for downsizing. If you cut your company in half, you could lease out that part of your office. Making sure that you have this right just prepares you in case these needs ever pop up. Some landlords will go with it, while some may not.
NON-FIXED OR MULTI-LOCATION OFFICES
An example of these offices is fitness center owners, who can use their space to fit a few of their different business needs. Usually, these are chains in an industry that can be used and rented out in non-traditional ways. Depending on a chain’s location, offices can be used throughout any of them for different reasons. It’s all up to the owner of the chain. Likewise, co-working communities are popping up more and more, with extremely short-term contracts. These, like working from chain offices, can provide tenants or co-working clients with the convenience of working out of multiple office
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