As much as your business requires thoughtful planning, your landlord needs to have a plan for your business.
We can probably assume you want to grow your business. Well, what is the plan when you grow out of your space? Your landlord should develop their resources as your business grows too.
Is your landlord flexible like Gumby?
To be clear, we are not insinuating that they can do the splits like a Gumby doll. Although if they can, and they are over 40, that is a skill worth noting!
In the course of your business’s lifetime, there is a strong chance your needs are going to change:
- This could be a building expansion to add on to your growing business
- Maybe you need to add equipment for a change in the industry
- Perhaps you need a whole new building that is larger than the one you are in during the term of your lease?
- Maybe you need to renovate the office for more staff or add a new sales showroom?
There are too many variables to list here, but one of the most important questions you can ask is:
How many buildings does the landlord own?
This is important because the hope is that is the landlord has multiple buildings like we do at Reinhart. If your needs change, and they likely will, you could possibly move into another building during the term of your lease. At Reinhart, we have done more than 100 moves and/or alterations to help tenants with their changing needs.