{"id":706,"date":"2016-08-22T14:34:40","date_gmt":"2016-08-22T14:34:40","guid":{"rendered":"http:\/\/onlyfordentists.com\/blog\/?p=706"},"modified":"2016-08-22T14:35:59","modified_gmt":"2016-08-22T14:35:59","slug":"the-rental-route","status":"publish","type":"post","link":"https:\/\/onlyfordentists.com\/blog\/2016\/08\/the-rental-route\/","title":{"rendered":"The Rental Route"},"content":{"rendered":"<p><a href=\"http:\/\/onlyfordentists.com\/blog\/wp-content\/uploads\/2016\/08\/iStock_000055909586_Full-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-708\" src=\"http:\/\/onlyfordentists.com\/blog\/wp-content\/uploads\/2016\/08\/iStock_000055909586_Full-1-300x200.jpg\" alt=\"Dental\" width=\"300\" height=\"200\" srcset=\"https:\/\/onlyfordentists.com\/blog\/wp-content\/uploads\/2016\/08\/iStock_000055909586_Full-1-300x200.jpg 300w, https:\/\/onlyfordentists.com\/blog\/wp-content\/uploads\/2016\/08\/iStock_000055909586_Full-1-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Buy or lease? It\u2019s a decision many small businesses face. Owning real estate certainly can have\u00a0advantages, including the opportunity to build equity. But many small businesses in need of space\u00a0choose the rental route instead.<\/p>\n<p><strong>Cash Flow Considerations<\/strong><\/p>\n<p>By leasing, a company can avoid taking on debt to acquire a property. Less debt on the balance\u00a0sheet may allow the company to finance other things, such as receivables or inventory and\u00a0equipment purchases. And the upfront cash commitment needed to enter a lease agreement may be much lower than the down payment required for a property purchase.<\/p>\n<p><strong>Shopping Tips<\/strong><\/p>\n<p>If your business is looking around for the right rental location, here are a few suggestions to keep in mind. Not all of these tips are appropriate for all businesses, but some may help you get a lead\u00a0on a good spot \u2014 and a good deal.<\/p>\n<ul>\n<li><strong>Find an eager landlord.<\/strong> Rental spots that have been on the market for a while could have some\u00a0negative features, but they may be worth a look. If you find a location that suits you, you might\u00a0also find a landlord who is anxious to negotiate.<\/li>\n<\/ul>\n<ul>\n<li><strong>Think about the term<\/strong>. A long\u00adterm lease locks in your rental rate \u2014 and that can be an\u00a0advantage if you expect the market to trend upward. But leasing for short periods is often less\u00a0expensive than leasing for longer periods. If your business is in its formative years, significant\u00a0changes may lie ahead, so a short-\u00adterm arrangement could be more practical, too. Adding an &#8220;option to renew&#8221; clause can help keep your costs down and your options open.<\/li>\n<\/ul>\n<ul>\n<li><strong>Divide and conquer.<\/strong> Could you make do with two smaller spaces instead of one large space?\u00a0The more flexible you can be, the better your chances of finding a good deal.<\/li>\n<\/ul>\n<ul>\n<li><strong>Check rental comps.<\/strong> Commercial property markets can be very localized. Rents may vary\u00a0considerably between one locality and another just a few miles away. Unless you\u2019re limited to a\u00a0specific location, compare rates in several areas.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Buy or lease? It\u2019s a decision many small businesses face. Owning real estate certainly can have\u00a0advantages, including the opportunity to build equity. But many small businesses in need of space\u00a0choose the rental route instead. Cash Flow Considerations By leasing, a company can avoid taking on debt to acquire a property. Less debt on the balance\u00a0sheet [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-706","post","type-post","status-publish","format-standard","category-uncategorized","entry","has-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/comments?post=706"}],"version-history":[{"count":2,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/706\/revisions"}],"predecessor-version":[{"id":709,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/posts\/706\/revisions\/709"}],"wp:attachment":[{"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/media?parent=706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/categories?post=706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlyfordentists.com\/blog\/wp-json\/wp\/v2\/tags?post=706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}